Trading volume of VR coins exceeded $900 million after Apple’s presentation
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Digital assets that are related to artificial intelligence have shown a significant decline in recent times. Their value decreased by 3-6% after Apple's presentation, which did not meet investors' hopes.
It was planned that the technology giant would be able to consolidate its position in the field of AI against competitors such as Alphabet, Microsoft and Amazon. Apple announced information about cooperation with OpenAI to implement the ChatGPT chatbot.
However, the market reacted to the event with restraint. The company's shares fell almost 2% in a day, and Elon Musk expressed concern about ChatGPT, warning of a possible ban on Apple devices from Tesla.
After the company’s presentation, several AI tokens immediately showed a decline. For example, the rate of the Worldcoin coin decreased by 4%.
The anti-leader turned out to be the token of the Render image processing network. The value of the asset decreased by 6.3% in 24 hours.
The SingularityNET coin, a “decentralized artificial intelligence marketplace” based on the Cardano network, fell in price by 2.4%. Fetch.ai 's price fell 2.5%.
Interestingly, unlike AI tokens, the prices of assets that are associated with virtual reality began to rise after the Apple event. The MANA token of the Decentraland project increased in price by 5.4%.
The Wilder World coin showed strong growth among VR tokens, the price of which soared by 19%. Moreover, within a month the growth in the value of the asset reached 120%.
Recently, the trading volume of VR coins has exceeded $900 million. The capitalization of such assets has exceeded $8.5 billion.