Most new projects listing on CMC are now having _____ AI name, for example AkitaAI, StableAI etc, there is nothing to be expected of these new projects, they are here to grab some attention that won't last and they will make tons of money doing so, it's always the money race.
The question is "why is CMC allowing those perceived scam projects to be put on its site?" While starting out in 2017, the CMC was always my point of reference for this industry. Any coin I didn't find there was classified as a scam coin. There were some purchases I made solely based on their listings on CMC and not because anyone hyped them. Now, seeing that many scam projects are getting there and site owner is not bothered but only concerned for monetary gain is not just heartbreaking but appalling. For me, I won't touch anything Al is in it with a pole. I bought into one Al token last year but it's value is almost at zero level now.
You can asks this question to CMC because this isnt a first time they listing such scam projects. I think still hundreds of scam/dead projects listed here but they didnt filtering that's why i didnt following their marketcap data as like coins rank or exchange ranking. Coingecko is better than cmc. Cmc will list any coin just if which coin listed on 1 or 2 exchange.