Analyst: The market value of AI tokens is only one-ninth of the peak during the last "SOLUNAVAX," and the market is far from over

ChainCatcher news, well-known crypto analyst Miles Deutscher pointed out that the current DeFAI and AI agent track has become the market leader, marking the most obvious rotation since the meme coin market from 2023 to early 2024.

He emphasized that the current market capitalization of the AI bubble is only one-ninth of the peak during the last bull market "SOLUNAVAX" (Solana, Luna, Avalanche), indicating that the AI market is far from over.

Deutscher stated that the current AI market has greater potential compared to the meme coin market of 2023-2024, as it perfectly combines meme attributes (memeamentals) and fundamentals.