November 1, 2023
The global discussions surrounding artificial intelligence (AI) and real-world assets have experienced a sudden increase, according to data from Santiment. Traders and investors are now shifting their focus away from bullish or bearish markets. Instead, they are exploring the potential of AI and real-world assets as emerging hot spots in the financial landscape.
Market data reveals that countries are actively fostering the growth and development of AI. This has led to a boost in discussions among investors and traders about the futuristic possibilities of real-world assets and AI. While the price of cryptocurrencies has been volatile, the sentiment for Bitcoin reaching $40K remains positive.
Santiment's data highlights an interesting trend. Despite the appreciation in Bitcoin's price, the search volume for Bitcoin exchange-traded funds (ETFs) remains relatively subdued. On the other hand, discussions about AI and real-world assets have garnered significantly higher engagement. Topics such as the consumer price index (CPI), PayPal stablecoin, Curve drama, bull market, and bear market have seen lower levels of interest compared to AI and real-world assets.
In addition to the growing interest in AI and real-world assets, AI-based crypto tokens have experienced a surge in prices. Tokens like OCEAN, INJ, and FET have skyrocketed as the Bitcoin price rally took a breather. This surge in AI-based token prices is indicative of investors and traders recognizing the potential of AI.
Leading tech giants like Google, Microsoft, and Anthropic have also made significant investments in AI and are actively fostering its growth and development. This shift towards AI by global companies has influenced investors to reconsider their investment options. As a result, AI-related discussions have gained prominence, overshadowing the crypto prices landscape.
The rise of AI and real-world assets in global discussions is evident. Investors and traders are increasingly exploring the potential of AI and its impact on real-world assets. This shift in focus signifies the growing significance of AI and real-world assets as emerging hot spots in the financial landscape. As the world continues to embrace AI, it is crucial for investors to stay informed and consider the opportunities presented by this evolving technology.