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AI technology seems to penetrate deeper and deeper. Now cryptocurrencies are also being developed using AI technology.
In this article, we will talk about the five AI-powered cryptocurrencies which have seen a significant rise over the past 24 hours.
With each passing day, an increasing number of investors have started investing in these AI-backed cryptocurrencies.
Over the past 24 hours, the global cryptocurrency market has seen a significant recovery, but the surprising thing is that AI-based altcoins are making the biggest moves.
The altcoins have also seen a surge in their trading volume alongside their notable price gains.
It can be inferred that a growing number of investors are showing interest in investing in altcoins.
The List of Five AI Tokens That Stood out Over the Past 24-Hours
- The Graph (GRT)
The Graph (GRT) tops the list. As of this writing, GRT has increased its processing fee by 60%.
The data index project is currently linked with 26 different platforms.
GRT uses its AI technology to process the data for indexers, delegators, and curators. An increase in data query fees leads to a higher demand for GRT.
Currently, the Graph’s native token is being traded at around $0.1789, which marks a gain of 2.39% in the last 24 hours.
Moreover, as of the time of writing, the market capitalization of GRT has risen by 1.06% over the last 24 hours to touch the $1.5 billion mark.
- AI (FET)
Based on credible sources, the Fetch token is developed for crypto staking.
Moreover, the developers of FET are engaged in developing independent economic agents using artificial intelligence technology.
Currently, the price of FET is on the rise as it has seen a gain of 7.12%, over the past 24 hours.
It seems that the token is pushing to surpass the level of resistance at $0.466.
In addition to that, its market capitalization has increased by 3.32% and is currently valued at $379 million.
Conversely, its 24-hours trade volume declined by 24.21% as it touched $166 million.
- Artificial Liquid Intelligence (ALI)
It’s a text-to-image-based Chat GPT. The platform is famous for turning text into characters.
People are using this unique platform for creating their NFTs. The platform’s native token ALI is currently valued at $0.06402, this marks for 8.03% gain.
The token’s global rank is 223rd, its current market cap is $636, and the token’s market plunged by 4.19% over the past 24 hours.
- SingularityNet (AGIX)
Singularity Net has become a full-grown AI marketplace for altcoins, the AGIX tokens are being awarded as rewards for trading digital tokens using Singularity Net.
As of today, the price of (AGIX) is $0.464933, its 24-hours trading volume has been measured at around $297,858,915.
Over the past 24 hours, its trade volume has increased by over 6%. The market cap of the token also increased by 4.86%, and now stands at $542.
- Oasis Network (ROSE)
The Oasis blockchain is classified as a layer-one blockchain, and it is expected to incorporate an additional privacy layer.
Furthermore, they have formed a collaboration with Facebook (NASDAQ: META) to evaluate their AI offerings.
Both Oasis network and Facebook are developing AI models that prioritize the needs of the general public.
Today, at press time the price of “ROSE,” the native token for Oasis Network was $0.081383. This marks a 2.87% gain in its price.
The token’s market cap has also risen by 3.10% over the past 24 hours and is now estimated at $473 million.
It can be argued that due to its agreement with Facebook ROSE is the most credible AI token in this list.
Lately, AI-powered altcoins have made headlines due to their increased adoption across the crypto space.
Experts do believe that in the coming days, the popularity of AI tokens in the digital economy will increase.
As of now, most AI-based altcoins are cheaply available. Investors need to invest in these tokens as these tokens hold the potential for good returns.
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