In recent months, with the rise of Bitcoin, the eyes of the financial markets have once again turned to crypto. Following Bitcoin’s nearly threefold increase from its lows in late 2022, the market volume that emerged contributed to the inclusion of altcoins in this uptrend. Like in any market, the popularity of artificial intelligence has also influenced the crypto space, leading to an increase in artificial intelligence coins in recent times. Let’s explore together the question, ‘What are artificial intelligence coins in the crypto market?’
Will artificial intelligence (AI) coins appreciate in value?
One of the most pressing questions is whether artificial intelligence coins will appreciate further in the future. While a definitive answer cannot be provided in financial markets, developments in the field of artificial intelligence and new technologies, particularly those pioneered by NVIDIA, are expected to have an impact on this market. The significant increases in trading volumes observed in some AI coins in recent months are interpreted as a reflection of the influence of these innovations.
What are the most popular Artificial Intelligence Coins?
When we do some research, we can see that there are dozens, even hundreds of artificial intelligence coins. Of course, each of them can be used for different tasks in separate projects. However, some of them have become very popular recently and experienced significant increases in volume. Here are the top 5 artificial intelligence coins with the highest market capitalization:
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What is Bittensor (TAO)?
Bittensor (TAO) is a decentralized open-source protocol that combines artificial intelligence and blockchain technologies. This project aims to provide artificial intelligence developers with a more efficient and secure environment for training and distributing AI models. Currently valued at $3,758,598,497, TAO has experienced a 1400% increase in the last four months.
What is Render (RNDR)?
Render (RNDR) has seen a significant increase, especially with the recent developments announced by NVIDIA. While this project is primarily used in computer graphics and image processing, it also stands out as an effective project in the field of artificial intelligence. With a market capitalization of $2,650,107,144, RNDR is expected to become even more valuable in the future.
What is Fetch.ai (FET)?
Fetch.ai (FET)” is a project that has gained prominence with its recent price surges. Fetch.ai (FET) is an artificial intelligence and machine learning-supported coin that aims to enable economic and automatic data and value exchange between devices and objects. With a market capitalization of $1,047,872,549, this AI coin has experienced a 400% increase in the last four months.
What is Akash Network (AKT)?
Akash Network (AKT)” is a blockchain-based platform that aims to provide cloud services in a decentralized manner. This AI-supported project has a market capitalization of $893,575,036 and has seen a 360% increase in the last four months.
What is SingularityNET (AGIX)?
SingularityNET (AGIX)” is one of the first names that comes to mind when it comes to AI coins. This platform combines artificial intelligence and blockchain technologies in a decentralized manner and offers users artificial intelligence services. AGIX, with a market capitalization of $869,536,643, has risen by 265% in the last two months.
Do you have any artificial intelligence coins that you trade or hold for the long term? Don’t forget to share your thoughts with us in the comments.
Note: None of the information in this article is investment advice.
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