"AI is everywhere, and one of the most significant trends in 2024 is the continued development of artificial intelligence," said Ashley Lester, Chief Research Officer at MSCI. In the short term, AI concept stocks will continue to lead, providing support for high valuations. In the medium to long term, artificial intelligence technology is gradually entering the implementation phase at the enterprise level. Lester said that according to calculations using MSCI's stock crowding model, some stocks related to artificial intelligence have indeed shown signs of "crowding". "Does the crowded AI track mean there is a bubble? Not necessarily, as the high valuations of AI stocks are not completely detached from fundamentals." He also mentioned that there is currently no evidence of a situation similar to the internet bubble in the 1990s in the field of artificial intelligence.

$LESTER prices fell by 38.11%, Litecoin stated in a post that there is no affiliation with any project using the name or portrait of Lester on Solana gate News: Litecoin (Litecoin) announced in X that "a group of people took away the mascot of Litecoin and its loyal community after Lester's release, and used it to create 'lestercoin' on Solana Blockon-chain. Although this is a free market and the actions of the organization are not technically illegal, it has caused confusion for many who have already followed or are following. There is no affiliation between Litecoin and the people using Lester's name or likeness on Solana, nor is there any intention to consciously promote or endorse these individuals. In any case, it is not the official mascot of Litecoin." As a result, the $LESTER price fell to $0.019566, and is now rebounding to $0.03899. gate data shows that the price of $LESTER has dropped by 38.11% in the past 24 hours, with the current price at $0.03899 and a market cap of $28.52M. The 24-hour volume is $0.48M.