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Key Insights AI coins face price corrections as Trump announces Genesis Mission executive order. Bittensor and NEAR Protocol lead major AI cryptocurrency projects by market cap. Internet Computer drops 21.10% over seven days amid broader market weakness. AI coins are appearing on the watchlist as President Donald Trump prepares to unveil a “Genesis Mission” executive order aimed at boosting United States artificial intelligence capabilities. The announcement comes as major AI-focused cryptocurrencies face price corrections ranging from 6% to 27% over the past week. Department of Energy Chief of Staff Carl Coe stated the administration views the coming AI race as comparable to the Manhattan Project or space race. Trump Administration Targets AI Development As per a report by Bloomberg, the Genesis Mission executive order will likely direct national laboratories to increase work on emerging AI technologies. The effort may involve public-private partnerships between government research facilities and private companies. The Trump administration is also preparing a separate executive order allowing the Department of Justice to sue states over AI regulations deemed unconstitutional. Trump met with Saudi Crown Prince Mohammed bin Salman this week to finalize defense and economic agreements. The president approved sales of advanced AI chips to Saudi Arabia. Nvidia and Elon Musk’s xAI announced plans to develop a data center with the Saudi-backed AI venture Humain. At a Saudi investment conference, Trump stated his goal to build the largest and most innovative AI ecosystem globally. Trump warned that without federal oversight, China would overtake the United States in the AI race. Top AI Coins to Watch Amid the Developments The timing of Trump’s AI initiative coincides with dropping crypto prices across the artificial intelligence sector. CoinMarketCap data shows the AI cryptocurrency segment holds a $24.11 billion market cap with $9.54 billion in 24-hour trading volume. The sector posted…

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Filed under: News - @ November 21, 2025 9:22 am