Artificial Intelligence #токенов, market dynamics (#AI ) in November and its impact on trading platforms, especially #Binance and #Coinbase.↗️🟩
In early November, AI token trading volume reached a multi-month high, exceeding $3 billion. Improved macroeconomic conditions and Nvidia's better quarterly results had a positive impact on overall investor sentiment in the sector. Companies associated with Sam Altman, such as Worldcoin (WLD) and Render (RNDR), played a significant role, accounting for more than half of the total trading volume.
Binance, which is the largest marketplace for AI tokens, saw its market share decline from 74% in July to 61% last week. At the same time, the share of trading volume on US exchanges increased. For example, Coinbase has become the second largest marketplace for AI tokens, accounting for 9% of global volume, up from just 1% in July.
These changes in market share may reflect not only changes in traders' preferences, but also regional differences in cryptocurrency exchange regulation and investor accessibility in different countries. The increased focus on AI tokens may be due to improved overall fundamentals in the space and increased interest in investing in AI-related projects.
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