TechFlow reports that in a March 6 report, Coinbase stated the surge in token prices representing AI-related crypto projects reflects more hype than actual usage. It believes that due to widespread attention on the AI industry, the value potential of many AI tokens may be overstated, and numerous AI tokens may lack sustainable demand-side drivers in the medium to short term. Merely being decentralized may not be sufficient for AI products to gain competitive advantages; they must also match or surpass the capabilities of centralized products in certain areas.
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