DOGE, SHIB, PEPE Rally Eases as Traders Start to Bid AI Projects

AI tokens remain a hot narrative for crypto traders because the technology is expected to drive key innovations in the global economy in the coming years. However, the relationship between AI and crypto is unclear: Artifical intelligence cannot run on a blockchain. Even so, developments in traditional AI companies, such as OpenAI , drive gains in AI tokens as traders utilize them as a proxy bet on the industry.