With the success of ChatGPT, the narrative of Artificial Intelligence (AI) is gaining momentum, and the impact is also being felt in the cryptocurrency market. Let’s discover together the top 5 cryptocurrencies in the field of Artificial Intelligence and their recent performance in 2023.
Artificial Intelligence (AI) in trend
While the cryptocurrency market experienced a surprising and meteoric rise at the start of 2023, certain digital assets particularly stood out. This is particularly the case in the field of Artificial Intelligence (AI)well helped by the craze around ChatGPT.
In this article, we suggest that you study together the top 5 most capitalized cryptocurrencies in the field of Artificial Intelligence, their projects and their recent performances. Here is the list of affected assets:
The ranking of the most capitalized cryptos in the field of Artificial Intelligence
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Cash (NMR)
With $119.6 million capitalization, Numeraire’s NMR ranks 256th among the most capitalized cryptocurrencies. Within 30 days, the asset was up around 30%.
Founded in 2015 in San Francisco, Numer.ai is a project combining the fields of Artificial Intelligence and blockchain to serve the world of finance. It is a new type of hedge fund aimed at predicting stock market movements.
To do this, developers and data scientists offer models of machine learning reinforced by the history of the thousands of actions available on the Internet. Afterwards, they can be used by the community for trading.
Ocean Protocol (OCEAN)
With $188 million capitalization, Ocean Protocol (OCEAN) is in 192nd place in the cryptocurrency ranking with the largest capitalization. Over the last month, OCEAN printed a performance of more than 85%.
In a nutshell, Ocean is an open-source protocol enabling companies and individuals to offer, exchange and monetize data. It uses “datatokens” to access data, and it is these tokens that are used by users to access information.
Although it is labeled as an Artificial Intelligence token, Ocean Protocol does not really fit into this category.
The OCEAN crypto is available on Binance
-10% on your fees 🔥
Artificial Liquid Intelligence (ALI)
With $235 million capitalization, Artificial Liquid Intelligence (ALI) is currently ranked 163rd among cryptocurrencies the most capitalized on the market. In 30 days, the ALI asset experienced a rather exceptional increase of 182%.
The protocol Artificial Liquid Intelligence offers AI tools usable through various decentralized applications (dApps). In addition, the team behind this project, called Alethea AI, also develops products that can be used by the community.
The first of these is called CharacterGPT and allows you to generate realistic 3D avatars corresponding to the characteristics given by the user. The project is supported by behemoths in our ecosystem, including Polygon, Binance or Crypto.com.
ALI crypto is available on Binance
-10% on your fees 🔥
Fetch.ai (FET)
Ranked 101st by market capitalization, Fetch.ai’s FET has also seen remarkable growth since the start of the year. The price of FET appreciated by 128.5% over this period.
FET is the utility token that powers the Fetch.AI ecosystem. Concretely, it is a decentralized platform whose ambition is to provide the tools and infrastructure needed to build an AI-based digital economy.
Finally, Fetch’s ambition is to build an ecosystem that can function without human intervention, in particular thanks to autonomous agents trained to carry out tasks and evolving thanks to the machine learning and at reinforcement learning.
FET crypto is available on Binance
-10% on your fees 🔥
SingularityNET (AGIX)
With $548 million capitalization, SingularityNET (AGIX) is currently ranked 82nd among cryptocurrencies the most capitalized on the market. In 30 days, the AGIX printed 395% increase, a performance equivalent to a x5.
The AGIX is the native token of SingularityNET, a marketplace to create and sell artificial intelligence algorithms.
Furthermore, it should be noted that the protocol is based on both Ethereum (ETH) and Cardano (ADA) and wants to work on interoperability between these two blockchains. In 2022, SingularityNET has even developed a bridge and plans to launch a dedicated Cardano staking platform.
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