Smart Money Shifts Focus from Trump Tokens to AI Crypto
In the cryptocurrency space, trends can change overnight, and smart investors are always on the lookout for the next big opportunity.
Many investors rushed into Trump-related tokens over the weekend, hoping to cash in on the frenzy surrounding the inauguration. However, as the Trump Token craze spreads, the focus seems to be returning to artificial intelligence (AI).
Cryptocurrency Trends: Smart Currencies Exit TRUMP, Tokens Turn to Artificial Intelligence
as The hustle and bustle of the inauguration begins to subside As the news cycle continues to change, so does the focus of many cryptocurrency investors. Smart currency traders are now paying attention to artificial intelligence tokens, according to analytics platform Nansen.
“Smart Money spent the weekend chasing Trump-related tokens during the inauguration rush. Now it looks like the narrative is back to AI,” Nansen explain on Twitter.
Smart money usually refers to big investors or companies Enter and exit markets based on insights, research, or trends. They have a greater impact on the market than smaller, less experienced traders.
According to Nansen’s data, smart currency traders Exited Trump position. After the cumulative peak on January 18, it can be seen that Traders have slowly backed away from Trump.
The price of Meme coins has also fallen by more than 24% in the past 24 hours. Trump was trading at $40 at press time after topping $70 earlier this week.
Ahead of President Donald Trump’s inauguration, Meme coins, such as TRUMP, MELANIAOthers quickly gained attention. With the attention surrounding this political event, it’s no surprise that investors jumped at the opportunity to invest in tokens that leverage the Trump brand.
Now, investors have turned their attention to artificial intelligence tokens, as is clear from the Nansen dashboard.
Among AI tokens, AI16Z, ARC, SWARMS, and ZEREBRO have all seen positive flows from smart funds in the past 24 hours. If this trend continues, AI tokens will soon outperform meme coins. expected More investors will focus on smart money’s trades.
The latest development comes as artificial intelligence tokens and artificial intelligence agent tokens gain traction in the cryptocurrency space. AI tokens even saw a spike last week Follow Franklin Templeton’s Predictions for Artificial Intelligence Agents.
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