The crypto market is experiencing a steep downturn, wiping billions off the value of major cryptocurrencies like Bitcoin and Ethereum. Meme coins are leading the slump, with investors selling off even more than 6% in recent days. The resulting fear has pushed the Crypto Fear & Greed Index to its lowest point since September, reflecting “extreme fear” in the market. Analysts attribute this sell-off to a series of events, including the Federal Reserve’s cautious approach to interest rates and the Libra scandal involving Argentine President Javier Milei, as well as Friday’s record-breaking $1.5 billion hack on crypto exchange Bybit. Grok 3 and ChatGPT Offer Advice: However, AI chatbots Grok 3 and ChatGPT offer a different perspective during this market volatility. They suggest investors look towards presales for opportunities to get in early on projects with strong fundamentals before wider market gains or dips in price.