Coinbase report urges "caution" on AI coins despite boom

An analyst has urged caution on the artificial intelligence (AI) token market, warning the recent surge in prices could be fuelled more by hype, rather than its actual value. In a report compiled by David Han, a research analyst at Coinbase, the long-term viability of the tokens was questioned, due to key factors. Intense competition within the market and technical issues were flagged as realistic obstacles in the way of AI tokens, further along the road. At present, the proliferation of AI across many industries is driving the price up but Han believes the current values attributed could be overstated, without sustainable conditions t......

Read Full article on HadNews