#美联储FOMC会议 AI Concept Coins completely faded out in 2025, with a 75% annual decline, and a $53 billion market cap vanished within a year. This sector, once a frenzy in the crypto world, has now become one of the worst loss zones.

The data looks brutal—nearly $10 billion evaporated in December alone, and signs of capital fleeing are more obvious than ever. This correction was actually foreshadowed long ago—after reaching a high point in 2024, it started weakening, and by 2025, it was simply on a downward slide.

Why is this happening? Essentially, it’s the simultaneous explosion of market sentiment and liquidity issues. The hype around AI narratives has finally cooled off, and investor enthusiasm has waned. New projects are launching one after another, diverting funds, while macroeconomic headwinds continue to suppress the sector. These pressures stack up, plunging the entire sector into a deep correction.

The performance of the eight core AI tokens is especially bleak—none are spared, with declines exceeding 70%. Artificial Superintelligence Alliance dropped 84%, Render and The Graph both fell 82%. Those who jumped in at high prices must be kicking themselves now.

Looking back at the period from 2023 to early 2024, AI concept coins were riding high—explosive growth, influx of capital, everyone talking about it. But what was all this prosperity built on? Just narratives, with no real-world applications to back them up—just storytelling.

This crash is a textbook case—how fragile purely narrative-driven crypto assets are. When the story becomes less attractive and reality can’t meet the promises, capital will ruthlessly withdraw. The market is still operating, but the AI sector’s hype has indeed come to an end.