Crypto Market Ditches 'AI' Hype for Substance

The era of 'AI-tag-as-free-pass' in crypto is over. For two years, writing 'AI' in your whitepaper was enough to raise capital. But that's no longer the case.

Alice Liu, Head of Research at CoinMarketCap, said 'More capital, fewer names. The AI tag is free; the market is finally charging for it.'

The market has stopped being naive and is now demanding substance from AI crypto projects. Hundreds of tokens that were built on an AI narrative instead of a product are bleeding out quietly.

Real AI companies have shipped real products, making their competitors look like marketing exercises. The reference point has shifted, and the gap between claims and reality is becoming visible.