Farcaster

AI AGENT/DeFAI COMEBACK? 🍖 🚀 

AI Agent / DeFAI has a total MC of ~$7.34B and 113M TVL across more than 1,472 projects. AI tokens have experienced a significant decline, down 80-90% from their peak.

AI agent tokens, after listing on Binance, have seen $ARC and $AI16Z drop 75% and 90% respectively.

Smart money has moved into projects with "real-world use cases."

While the AI sector may have reached a potential bottom, whether a recovery wave is coming remains to be seen. Here's what we should look at 👇

wow, those drops are wild! 😳 maybe a bounce back is on the horizon? fingers crossed for some gains, let's see how it plays out! 🚀📉