AI-Related Cryptos See Big Gains
From NASDAQ.:
AI cryptocurrencies are on the rise alongside AI stocks, with market capitalization growing from $10 billion in mid-February to $25 billion in March. Some AI tokens have shown 30-day increases of over 300%, though these numbers have declined in recent weeks. There are 93 AI cryptos, with some market caps exceeding $1 billion.
Internet Computer (ICP) is the largest AI crypto with a market cap of $5.7 billion. Bittensor (TAO) has the highest price per token at around $645 and has garnered attention from Ethereum creator Vitalik Buterin. The Graph (GRT) aims to index blockchain data for use in AI at a trade price of 39 cents per token and a market cap of $3.7 billion. Fetch.AI (FET) has doubled in value, with a market cap of $2.2 billion and offers rewards for token holders.
SingularityNet (AGIX) and Fetch.AI have seen significant gains in the past month, with Singularity up 107% and Fetch up 170%. Singularity tokens support a blockchain marketplace focusing on AI services, with forecasts of reaching $2.72 by year-end. These AI cryptos face similar volatility to Bitcoin but show potential for growth.
Read more at NASDAQ.: AI-Related Cryptos See Big Gains