AI Token Market Analysis : Navigating the Trend of the Hottest Investment Sector

The AI sector has been ignited by the fervor surrounding ChatGPT, and the convergence of AI and blockchain technology has become a focal point of market attention. This is because a notable feature of blockchain is its ability to securely store vast amounts of data on the chain, which aligns seamlessly with the data-intensive nature of AI models.

As a result, an increasing number of AI tokens have emerged, luring investors with the promise of innovation and transformative potential.

How to Analyze the AI and Big Data Sector

Token Sector Daily Trading Volume

**Token Sector Daily Trading Volume: **By examining the daily trading volumes of AI and Big Data tokens, from October to December, we observe a significant upward trajectory in daily average trading volumes, culminating in a peak of $389,149,331 in mid to late December. This surge reflects the sustained attention and capital influx into the AI and Big Data sectors, underlining the enduring relevance of these domains within the cryptocurrency market.

Token Sector Daily Netflow Value to CEX

**Token Sector Daily Netflow Value to CEX: **Net inflow to CEX reflects tokens moving from decentralized to centralized exchanges, showing investors swapping tokens for stablecoins. Most tokens in this sector have negative values, suggesting an overall outflow from CEX. This may indicate investors converting stablecoins into native blockchain tokens for DeFi and Staking, highlighting strong support for AI and big data blockchain projects.

Tracking daily netflow over time helps assess market enthusiasm, capital preferences, and participation in the AI and big data blockchain sector. Positive inflow signals high interest, while negative outflow suggests lower enthusiasm in the sector.

Token Ranking by Trading Volume (Daily Change)

**Token Ranking by Trading Volume (Daily Change): **Analyzing the daily changes in token rankings by trading volume within the AI and big data sector can signal evolving investor sentiment and interest in specific projects or technologies within the AI and big data blockchain space.

Currently, the top-ranking tokens in terms of trading volume include RNDR, DATA, and OCEAN. However, it’s crucial to closely monitor the daily fluctuations in trading volume to gauge their trends. Keeping a close eye on these daily changes can be instrumental in staying ahead of the curve and identifying opportunities or market shifts before they become widely recognized.

Token Ranking by Netflow Value to CEX (Daily Change)

**Token Ranking by Netflow Value to CEX (Daily Change): **Analyzing the daily changes in token rankings by netflow value to centralized exchanges (CEX) offers valuable insights into investor interest and confidence in AI and big data tokens. Tokens that experience the most significant increases in ranking reflect heightened investor sentiment and increased capital inflow, making them worthy of attention as their driving factors are dissected. Conversely, tokens with the most substantial decreases in ranking signal investor outflows, necessitating a close examination of the duration and extent to determine the presence of systemic risks.

Track the Data from Each Sector with Footprint Data

You can access all the data you need in Token Sector Dashboard on the Footprint research page.

What’s more, you can also perform highly customized analyses using Footprint’s versatile features. Here are the key advantages:

Robust API Support: Our flexible API solutions are meticulously crafted to streamline your operations. They empower you to automate repetitive tasks, leading to a significant enhancement in overall efficiency. Moreover, our API serves as a powerful tool for developers, allowing them to elevate the capabilities of their existing applications, providing them with a distinct competitive advantage.
Expansive Database: Our database is not only extensive but also highly adaptable, catering to a wide array of data query and analysis requirements. Whether you’re in the process of creating dashboards on our platform, making API calls, or batch downloading data, our offerings are designed to accommodate a diverse range of investment scenarios. This encompasses everything from in-depth token analysis and valuable wallet insights to comprehensive centralized exchange (CEX) analytics, ensuring that we can meet the unique needs of our diverse user base.

Against this backdrop of excitement and opportunity, Footprint’s Money Flow data steps in as a vital tool, offering us a unique vantage point to peer into the intricate patterns of capital flow across various sectors within the cryptocurrency market.

This data provides not only insights but also a deeper understanding of the dynamics at play, making it an invaluable resource for those seeking to navigate this intriguing landscape where AI and crypto converge.

Check our website or schedule a meeting to know more about the solution.

What is Footprint Analytics?

Footprint Analytics is a blockchain data solutions provider. It leverages cutting-edge AI technology to help analysts, builders, and investors turn blockchain data and combine Web2 data into insights with accessible visualization tools and a powerful multi-chain API across 20+ chains for NFTs, GameFi, and DeFi.

Footprint Website: https://www.footprint.network

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Check our website or schedule a meeting to know more about the solution.

What is Footprint Analytics?

Footprint Website: https://www.footprint.network

Discord: https://discord.gg/3HYaR6USM7

Twitter: https://twitter.com/Footprint_Data
Telegram: https://t.me/Footprint_Analytics