Despite Nvidia, one of the most talked-about stocks of the year, sharply falling in price, artificial intelligence crypto tokens are spiking.
Artificial intelligence-related crypto tokens surged over the past week despite Nvidia stocks shedding $430 billion in market capitalization — a company closely watched by crypto traders to anticipate the AI crypto market.
Nvidia, which produces computer chips that many AI companies use to run their AI models, saw its stock price decline 11.08% over the past five trading days, according to Google Finance data.
On the other hand, Fetch.AI (FET) and SingularityNET (AGIX) are up 23.46% and 20.83% over the past seven days, contrasting a decline in the broader crypto market over the same period, according to CoinMarketCap data.
