Top artificial intelligence tokens were among the best performers this weekend, as investors bought the dip following a key report from CoinGecko.
AI Companions (AIC) tokens jumped by over 40% to $0.2120, its highest point since March 30 and 70% above its lowest point this month.
Artificial Superintelligence Alliance (FET) price rose for four consecutive weeks, reaching a high of $0.5730, its highest swing since March 26.
Render (RNDR) token jumped to $4.32, also up by double digits from the year-to-date low. Worldcoin (WLD) price rose by 7%, while Tars AI jumped by about 60%. The total market cap of all AI tokens tracked by CoinGecko has jumped by 5.6% in the last 24 hours to $22.20 billion.
These AI tokens jumped after a CoinGecko report showed that AI was one of the most popular themes in the crypto market. The Artificial Intelligence theme had a 14.4% share, while AI agents had 10.1%. Combined, the figure was higher than the meme coin interest of 16.5%.
AI tokens and stocks are losing traction
Recently, however, there are signs that the AI theme is losing traction in the stock and crypto market. Popular AI stocks like NVIDIA, AMD, SoundHound, and Bigbear AI have all plunged by over 20% from their peak levels.
Similarly, AI tokens like Render, AIC, TAI, WLD, and FET have all plunged by over 50% from their highest points this year. Their decline has mirrored the performance of the broader crypto market.
There are concerns that the AI bubble that has been inflating in the past few years is about to deflate. One possible sign for this is that Microsoft has started pausing its data center expansion in places like the United States, India, and Indonesia.
Another concern is the oversupply of AI models. While US AI models like Claude, ChatGPT, and Grok are the most popular, China has many more, including DeepSeek, Baidu Ernie, Alibaba Qwen, and ByteDance’s Doubao.
It is unclear whether these AI tokens like AI Companions, Tars AI, Worldcoin, and FET will continue rising since this rebound may be part of a dead cat bounce. A sustained recovery will depend on the performance of the crypto market. A strong Bitcoin (BTC) rebound, as we predicted, will point to more gains for most altcoins.
