CoinMarketCap Research Director Projects Growth in AI + Cryptocurrency Market
CryptoNewsTerminal Staff05 Sep, 2024
CoinMarketCap Research Director Projects Growth in AI + Cryptocurrency Market
Alice Liu, research director at CoinMarketCap, believes that the AI + cryptocurrency market has significant room for growth. She anticipates the market size reaching $250 billion in the future. Despite concerns about the AI bubble bursting due to Nvidia's stock decline, Liu remains optimistic. She emphasizes that the success of the cryptocurrency + AI narrative depends on creating real use cases and utilities. Cosmo Jiang of Pantera Capital has expressed similar enthusiasm, announcing investments of over $200 million in the AI + blockchain sector by 2030. As the AI and cryptocurrency industries continue to evolve, their convergence is expected to bring forth innovative applications and drive further expansion in both markets.
