- Significant AI-related coins have increased in value during the last day, outpacing the overall cryptocurrency market.
Significant tokens tied to artificial intelligence have experienced a surge in value over the last 24 hours. The native cryptocurrencies linked to SingularityNET and Fetch.ai FET have seen increases of more than 6% and 5%, respectively.
The latter has had a gain of more than 15% throughout the last month. It automates corporate operations using AI and machine learning.
Based on data from CoinGecko, the market capitalization of AI tokens is $27.7 billion, up more than 10% in the last day. On the other hand, the market capitalization of all cryptocurrencies today is $2.45 trillion, up 2.6% over the previous day.
Out of the ten top AI-related tokens, only one has seen a minor decline. The native token of Render RNDR, a decentralized platform that let artists access computational capacity for producing generative AI artwork, has increased by over 8% in the last day, together with all other offerings within the top 10 AI tokens.
The token AIOZ has joined the daily surge of AI-related coins. Its price has increased by 4.8% over the last day to trade at $0.87. In the last seven days, AIOZ’s price has climbed by thirty percent.
In the last day, four of the top ten cryptocurrencies for AI tokens had double-digit increases.
Over the last day, Akash Network (AKT) had a 18% increase. The graph (GRT) increased by 15%. Over the same time frame, Golem (GLM) and Arkham (ARKM) both saw 9.5% gains.
The price of bitcoin cautiously surged back above $63,000, rising more than 2.8% in the previous day to trade at $63,009 at 5:22 a.m. ET.
In the last day, the GM 30 Index—which is a selection of the top 30 cryptocurrencies—rose by 2.89% to 131.92.
According to CoinGecko data, ether dominance is at 14.9% and bitcoin dominance is at 50.6%.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
