Amid the major frenzy surrounding the Crypto AI projects in recent weeks, crypto exchange Coinbase has issued strong warnings stating that the mega rally in several artificial intelligence crypto projects is more of a hype instead of the actual utility. According to a report authored by David Han, a research analyst at Coinbase, the projects encounter formidable competition and technical obstacles that could significantly impede their progress. He further added that Crypto AI products face “an uphill battle against broader market and regulatory forces”. Coinbase asserts that the technical hurdles linked with decentralized networks, which constitute the core concept of crypto-AI projects, will further compound the challenge.
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BCH
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USD1
$0.99997
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USDE
$0.999707
▲ +0.00%
GRAM
$1.35
▼ -0.30%
Mkt Cap $2.30T
BTC Dom 56.76 %
BTC
$64,967.00
▲ +1.10%
ETH
$1,916.27
▲ +0.90%
USDT
$0.999512
▲ +0.00%
BNB
$592.76
▲ +0.00%
USDC
$0.999711
▲ +0.00%
XRP
$1.04
▲ +0.90%
SOL
$74.62
▲ +3.10%
TRX
$0.327446
▲ +0.20%
FIGR_HELOC
$1.02
▼ -1.20%
HYPE
$54.32
▼ -2.20%
DOGE
$0.070133
▲ +1.60%
USDS
$0.999935
▲ +0.00%
RAIN
$0.012711
▲ +1.20%
LEO
$9.70
▼ -0.20%
ZEC
$508.13
▲ +1.10%
ADA
$0.200933
▲ +0.80%
XMR
$380.78
▲ +3.30%
WBT
$56.17
▲ +1.00%
LINK
$8.25
▲ +1.00%
XLM
$0.163016
▲ +1.40%
DAI
$0.999882
▲ +0.00%
BCH
$216.31
▲ +1.60%
USD1
$0.99997
▲ +0.00%
USDE
$0.999707
▲ +0.00%
GRAM
$1.35
▼ -0.30%
BTC
$64,967.00
▲ +1.10%
ETH
$1,916.27
▲ +0.90%
USDT
$0.999512
▲ +0.00%
BNB
$592.76
▲ +0.00%
USDC
$0.999711
▲ +0.00%
XRP
$1.04
▲ +0.90%
SOL
$74.62
▲ +3.10%
TRX
$0.327446
▲ +0.20%
FIGR_HELOC
$1.02
▼ -1.20%
HYPE
$54.32
▼ -2.20%
DOGE
$0.070133
▲ +1.60%
USDS
$0.999935
▲ +0.00%
RAIN
$0.012711
▲ +1.20%
LEO
$9.70
▼ -0.20%
ZEC
$508.13
▲ +1.10%
ADA
$0.200933
▲ +0.80%
XMR
$380.78
▲ +3.30%
WBT
$56.17
▲ +1.00%
LINK
$8.25
▲ +1.00%
XLM
$0.163016
▲ +1.40%
DAI
$0.999882
▲ +0.00%
BCH
$216.31
▲ +1.60%
USD1
$0.99997
▲ +0.00%
USDE
$0.999707
▲ +0.00%
GRAM
$1.35
▼ -0.30%
Mkt Cap $2.30T
BTC Dom 56.76 %
BTC
$64,967.00
▲ +1.10%
ETH
$1,916.27
▲ +0.90%
USDT
$0.999512
▲ +0.00%
BNB
$592.76
▲ +0.00%
USDC
$0.999711
▲ +0.00%
XRP
$1.04
▲ +0.90%
SOL
$74.62
▲ +3.10%
TRX
$0.327446
▲ +0.20%
FIGR_HELOC
$1.02
▼ -1.20%
HYPE
$54.32
▼ -2.20%
DOGE
$0.070133
▲ +1.60%
USDS
$0.999935
▲ +0.00%
RAIN
$0.012711
▲ +1.20%
LEO
$9.70
▼ -0.20%
ZEC
$508.13
▲ +1.10%
ADA
$0.200933
▲ +0.80%
XMR
$380.78
▲ +3.30%
WBT
$56.17
▲ +1.00%
LINK
$8.25
▲ +1.00%
XLM
$0.163016
▲ +1.40%
DAI
$0.999882
▲ +0.00%
BCH
$216.31
▲ +1.60%
USD1
$0.99997
▲ +0.00%
USDE
$0.999707
▲ +0.00%
GRAM
$1.35
▼ -0.30%
