# Top AI Coin Catalysts *Author: Bankless* *Published: Jun 13, 2024* *Source: https://www.bankless.com/read/will-ai-tokens-rise-again* --- [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/06/Group-639--1--1.png)](https://www.bankless.com/sponsor/kraken-1682978636?ref=top-catalysts-for-the-top-ai-tokens&email=true) Top AI Coin Catalysts Published on June 13, 2024 [ View in Browser ](https://bankless.com/read/briefs) --- [**Sponsor: Kraken**](https://www.bankless.com/sponsor/kraken-1682978636?ref=top-catalysts-for-the-top-ai-tokens&email=true) β€” *Sign up for an account and see what crypto can be. * [Sign up for Kraken](https://www.bankless.com/sponsor/kraken-1682978636?ref=top-catalysts-for-the-top-ai-tokens&email=true) .Β  . Β . NEED TO KNOW Biden Wants Crypto Donors? [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/06/Group-15--48-.png)](https://www.bankless.com/dashboard)- 🀲 **Biden May Start Accepting Crypto Donations.** Despite his wing's anti-crypto stance, Biden is looking to attract financial support from the industry. [*Read more on Bankless.com*](https://www.bankless.com/biden-may-accept-crypto-donations) - ❇️ **Paradigm Banks $850 Million for Third Venture Fund.** The industry's most prominent venture firm just scored some more cash. [*Read more on Bankless.com*](https://www.bankless.com/paradigm-banks-850-million-in-3rd-venture-fund) - **🌞 Gary Gensler Still Won't Say ETH is a Commodity.** Gensler also said he expects to receive final S-1 forms sometime this summer. [*Read more on Bankless.com*](https://www.bankless.com/gary-gensler-still-wont-say-eth-is-a-commodity) .Β  . Β . MARKET VIBES Altcoin Sell-Off Deepens **πŸ“Έ Daily Market Snapshot: ***Despite *[*further evidence*](https://www.bls.gov/news.release/ppi.nr0.htm)* stateside inflation is dampening, altcoins continued their brutal sell-off – 70 of the top 100 tokens are down more than 10% on the week, with 20 down more than 20%.* Prices as of 5pm ET 24hr 7d ![](https://banklesspublic.b-cdn.net/cmc.png) **Crypto** $2.42T β†˜ 2.4% β†˜ 7.6% ![](https://banklesspublic.b-cdn.net/btc.png) **BTC** $66,737 β†˜ 2.1% β†˜ 5.6% ![](https://banklesspublic.b-cdn.net/eth.png) **ETH** $3,476 β†˜ 2.3% β†˜ 8.4% ![](https://s2.coinmarketcap.com/static/img/coins/64x64/6538.png) **CRV** $0.288 β†˜ 19.9% β†˜ 37.3% --- πŸ”’**New Token Rating: **Curve Finance's** CRV** is in free-fall after its founder was liquidated from a high-risk CRV borrow position. How will CRV perform from here?[Unlock CRV Token Analysis](https://www.bankless.com/crv-token-rating-6-13/) .Β  . Β . ANALYSIS Top Catalysts for the Top AI Tokens Bankless Author: [ Arjun Chand](https://x.com/arjunnchand) [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/06/image---2024-06-13T164824.335-1.png)](https://www.bankless.com/top-catalysts-for-the-top-ai-tokens)AI tokens have dominated the market and mindshare over the past year, leading many to believe that this is theΒ [AI x Crypto cycle](https://www.bankless.com/this-is-the-ai-x-crypto-cycle). In recent months, AI tokens have been on a downward trend, with many down 25-50% from their local highs. A pullback after a significant run-up can actually be healthy for long-term performance, as it shakes out weak hands and sets the stage for the next phase of the cycle. *The real question is: what's next? What upcoming developments in the top AI x Crypto projects could reignite the fire? Let’s find out!* πŸ‘‡ [Read the Analysis](https://www.bankless.com/top-catalysts-for-the-top-ai-tokens) --- --- *This article is brought to you by [MetaMask](https://www.bankless.com/sponsor/metamask-1776260643?ref=read/will-ai-tokens-rise-again)*