Coinbase Issues ‘Contrarian’ Crypto Warning, Says Value of Artificial Intelligence Altcoins Overstated – Here’s Why

The biggest crypto exchange in the US is giving a warning in regards to the artificial intelligence (AI) narrative within the digital asset space. In a new report titled “Crypto’s AI Mirage,” Coinbase analyst David Han says that many AI-focused altcoins are likely in an unsustainable hype cycle due to the excitement surrounding AI industries....