AI and big data tokens surge 131% amid Bitcoin rull run

Summary

Artificial intelligence and big data tokens have experienced a market capitalization increase of 131.35% since their low on June 8, reaching $42.13 billion on November 19. This growth is driven by positive investor sentiment, Bitcoin's bull run, regulatory clarity, and stability in the ecosystem. The AI token market previously peaked at $44.99 billion on March 15 but fell to $18.21 billion by June 8 before recovering. Key players include Near Protocol (NEAR), Internet Computer (ICP), and Render (RENDER), along with others like Bittensor (TAO) and The Graph (GRT). AI tokens currently represent 1.36% of the total crypto market, valued at approximately $3.09 trillion, indicating significant growth potential. Ethereum's market cap surpassed that of Bank of America, highlighting the increasing prominence of decentralized finance and crypto assets.