AI Coins Rise Amidst WLD’s Slide: Shifting Landscape for Decentralized Technology

Several AI-powered cryptocurrency projects are experiencing significant upward momentum, with GRASS and TAO leading the charge. GRASS has surged past $2.40, demonstrating a clear breakout supported by substantial trading volume. TAO also rose 11%, nearing resistance at $500, driven by bullish momentum and consistent support on its weekly chart. However, Worldcoin (WLD) continues to face downward pressure, hovering below the $1.50 mark despite high liquidity due to ongoing sell pressure from unlocks. Legacy AI coins like Fetch.ai (FET) and Akash Network (AKT) have struggled to maintain momentum. While their market capitalization remains high, these projects are facing diminished interest. Investors are now gravitating towards platforms with active development and real-world utility. Recent developments suggest a shift away from established leaders towards newer alternatives. Altcoin Sherpa highlights this trend, stating that the previously dominant players in the space are encountering limited exposure. This has opened the door for fresh contenders to emerge on the scene.