Despite the incredible noise around artificial intelligence (AI) and its potential sympathy with the encrypted currency, artificial intelligence encryption severely develops a continuous stagnation in the market. Nick Garcia from Messari says that the most coins heading to Red Deep Red.
Artificial Intelligence, Meme Cryptos lost 60-70 %: Analyst Nick Garcia
Altcoins associated with the infrastructure of the spontaneous organization and cryptocurrency is among the worst performance, accompanied by encryption at the intersection of Defi and AI. Nick Garcia, the Messari encryption analyst with his followers X.
Garcia pointed out that Amnesty International's infrastructure, including AI16Z (AI16Z) and the virtual (virtual) protocol, decreased by 71 % of the highest level ever on average. Zeerbro, an encrypted currency associated with GPU networks that focus on artificial intelligence, is the worst absolute performance, as the value lost 89 %.
DEFAI cryptocurrencies, including the likes of Buzz, Cookie, Grift and AIXBT, lost 61 % on average.
Garcia explained that the accurate effects of this massacre of the market have not been seen yet:
The absolute massacre in the streets 🔪🩸 (...) the bear or the golden bull? you tell me.
Along with Cryptocurrencies AI, coins suffer. Eight larger than MEME encryption decreased by 63 % of the high values at all.
The data says that all 2024 directions are under pressure
Popcat (Popcat), the largest CAT Mimi, and the largest Meme Crypto Dogwifhat (WIF) is the worst performance in this category, with 83 % and 78 % of the capital. In this context, Dogecoin (DOGE) appears to be a beacon of stability with only 35 % price.
In January 2025, almost every altcoins category is bleeding. For example, in the past seven days, Politifi, a type of coin associated with politicians, has decreased by 38 %.
Also, Mimcowins Murad - a group of experienced encryption analyst Murad Muhammadov - has witnessed her drops 35 % in only seven days.
On the contrary, "dangerous" categories such as the distinctive RWA or liquid in green this month.
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