Artificial Intelligence (AI) cryptocurrencies have been making significant strides in the last 30 days. The market intelligence platform Santiment has identified the top 10 AI coins that have shown the most development activity during this period. Leading the pack is NEAR Protocol (NEAR) with a development index of 173.5. Following closely behind are The Graph (GRT) and Oasis Network (ROSE) with ratios of 143.5 and 101.1 respectively.
Top Contenders in the AI Crypto Space
Aside from the frontrunners, other notable AI cryptocurrencies that have made waves in the development scene include Bittensor (TAO) and iExec RLC (RLC). The list also includes familiar names like Ocean Protocol (OCEAN), Worldcoin (WLD), and Fetch.ai (FET). Interestingly, some users expressed surprise that Internet Computer (ICP) did not make it into the top 10, despite being one of the largest cryptocurrencies in the cohort with a market capitalization of nearly $4 billion.
Looking back at the rankings from the previous 30 days, we see a different landscape. ROSE topped the list back then, followed by NEAR, GRT, TAO, and GLM. The dynamic nature of the AI cryptocurrency space is evident as projects strive to push boundaries and make advancements in this competitive industry.
Recent announcements, such as the formation of the “Superintelligence Alliance” comprising Fetch.ai, Ocean Protocol, and SingularityNET, have played a significant role in driving interest and activity in AI-related coins. This alliance, which garnered support from major players like Binance, signals a collaborative effort to accelerate innovation and adoption of AI technologies in the cryptocurrency space.
Additionally, the progress made by tech giant NVIDIA, briefly claiming the title of the most valuable company globally with a market cap exceeding $3.33 trillion, has brought further attention to the AI sector. Despite being surpassed by Microsoft shortly after, NVIDIA’s impact on the market cannot be understated. These developments have led to substantial rallies in AI coins like FET, AGIX, and OCEAN, with FET experiencing a notable 35% price surge on June 20th, reaching $1.75 according to CoinGecko’s data.
The AI cryptocurrency landscape continues to evolve rapidly, driven by technological advancements, strategic alliances, and market dynamics. As investors and enthusiasts keep a close eye on the top performers and emerging trends, the future of AI in the crypto space looks promising and full of potential for further growth and innovation.
Leave a Reply