Token Price Accelerates to New Yearly Low as Mining Overcapacity Concerns Arise

August 10th, the Token Expenditure Price Index has dropped to 1.1635, continuing to decline since hitting a peak at the end of May (high point on May 28 was 2.0651), with a cumulative decline of 43.7% over the two months. The price has fallen below the 2025 year-end level of 1.2446, officially setting a new low for the year, marking the AI hash rate pricing returning to the starting point of this expansion cycle.

Note: Selling Token is currently an important source of liquidity in the AI industry. Its price is one of the signals to measure the current supply-demand situation of hash rate. If the Token price remains high, cloud service providers will be motivated to purchase more GPU, DRAM memory, and expand data centers. Conversely, one must beware of AI companies experiencing "consumption downgrading," becoming a leading indicator of the end of this hardware frenzy cycle. Token price data is sourced from top global AI models such as OpenAI, Anthropic, and DeepSeek.