TechFlow reported on February 8 that Jake Brukhman, CEO of CoinFund, posted: "Retail speculators are trying to use the AI narrative to pump their meme coins. Now meme coin prices are falling and people are capitulating. Meanwhile, some companies in the Web3 space are tackling the most challenging problems in AI, creating new frontiers and advancing technology. This isn't meant for meme coin speculators."
Previously, Ejaaz, co-founder of Aiccelerate DAO, stated: "Crypto AI is becoming a contrarian bet. When everyone is bearish, open-source models are catching up with top-tier models, OpenAI is launching agent capabilities, and AI's overall mindshare continues to rise. This will take time to develop, but I remain confident this sector will ultimately dominate the crypto industry."
