The AI token market is currently experiencing significant declines, which may be connected to the ongoing antitrust investigation into Nvidia by the State Administration for Market Regulation.
Recent data shows that several AI-related tokens have seen notable drops in value, reflecting investor concerns over regulatory scrutiny. NEAR has decreased by 6.3% and is now trading at $7.12, while RENDER has fallen 6.4% to $9.50. FET has faced an 8.6% decline and is currently valued at $1.86, and TAO has dropped 4.5% and is priced at $658.31. The GRT token has suffered a 9.7% decrease and is trading at $0.2895, and VIRTUAL has experienced the largest decline at 9.9%, now at $1.54. Additionally, AKT has seen an 8.5% reduction and is currently priced at $4.16.
These developments highlight the potential impact of regulatory actions on the cryptocurrency sector, as market participants react to the implications of investigations and legal challenges faced by major industry players like Nvidia.