Crypto Investors Shift Focus: AI Tokens Gain Momentum
USATue Jan 06 2026
Advertisement
In the ever-changing world of cryptocurrency, investors are making a big move. They are now putting their money into AI-related tokens instead of memecoins. This shift shows that people are looking for more substance in their investments.
AI tokens are leading the way. For example, Render Network's RENDER token saw a 20% increase in value. This token is used for things like 3D rendering and machine learning. Other smaller AI tokens, like Virtuals Protocol's VIRTUAL, also saw gains.
But it's not just AI tokens that are doing well. Other types of cryptocurrencies are also seeing growth. For instance, Sui's SUI token and Provenance Blockchain's HASH token both had significant increases. Even XRP, which is focused on payments, jumped by 10%.
This shift in investment is happening at the same time as a broader optimism about AI and tech stocks on Wall Street. However, there are some concerns. Geopolitical tensions and upcoming economic data, like the U. S. nonfarm payrolls report, could impact the market.
Experts say that continued gains in the crypto market depend on bitcoin ETF inflows. These inflows have been positive so far in 2026, but they need to keep up to maintain the market's momentum.
In traditional markets, things are a bit mixed. Futures tied to the Nasdaq 100 and the S&P 500 were little changed, suggesting a cautious open after Monday's gain. The Nasdaq index has been consolidating in a narrowing price range, and its next move will likely influence the crypto market.
https://localnews.ai/article/crypto-investors-shift-focus-ai-tokens-gain-momentum-6dd076ee
actions
flag content