According to Odaily, recent market data indicates a widespread decline in AI-related tokens, potentially influenced by the investigation of Nvidia for alleged antitrust violations by the State Administration for Market Regulation. This development has led to notable decreases in the value of several AI tokens.
NEAR has experienced a 6.3% drop over the past 24 hours, currently trading at $7.12. Similarly, RENDER has seen a 6.4% decline, with its price now at $9.5. FET has faced an 8.6% decrease, bringing its value to $1.86. TAO has also been affected, with a 4.5% drop, now priced at $658.31.
The GRT token has suffered a 9.7% decline, currently valued at $0.2895. VIRTUAL has experienced the largest drop among these tokens, with a 9.9% decrease, now trading at $1.54. Lastly, AKT has seen an 8.5% reduction in its value, currently priced at $4.16.
These declines in the AI token market highlight the potential impact of regulatory actions on the cryptocurrency sector, as investors react to news of investigations and potential legal challenges faced by major companies like Nvidia.