Leading cryptocurrency analysts have announced that these 10 AI coin projects “have the potential to explode” with the rise of AI projects! So, what are those artificial intelligence coin projects? Here are the details…
Cryptocurrency analysts explained: “These 10 AI coins can explode!”
With the convergence of the blockchain and artificial intelligence world, experts are focusing on artificial intelligence coin projects. Artificial intelligence coin projects, which are followed closely by the crypto money communities, have found a place in the wallets of many investors. Artificial intelligence is advancing day by day. That’s why many experts have their eyes on artificial intelligence projects. This is why experts reveal that some AI coins have the potential to explode.
The Graph (GRT)
Calling themselves a decentralized query protocol for their blockchain, The Graph allows users to easily create Dapps on Ethereum and IPFS using their GraphQL. Even before their protocol was published, it was reported that numerous projects and individuals showed interest in The Graph.
The Graph aims to improve the overall Web 3 experience by making it better than existing centralized alternatives. Moreover, this AI coin project also allows anyone to create and publish APIs called subgraphs. At the time of this writing, there are more than 3000 subgraphs in use by developers. The one-of-a-kind Query Layer enables developers to query a peer-to-peer network of indexing nodes using GraphQL and validate the results on the client. According to CoinMarketCap ranking, The Graph’s native coin GRT is not among the top 50 cryptos; but it ranks first among the best AI cryptos. Instantly, the project is trading at $0.13.
SingularityNET (AGIX)
The self-proclaimed new generation of Decentralized Artificial Intelligence, SingularityNET aims to create a decentralized, democratic, inclusive and beneficial Artificial General Intelligence (AGI). Thanks to blockchain technology, this AI crypto project allows anyone to easily create, share and monetize AI services.
Some of the technologies under its wing are Artificial Intelligence, AI Marketplace, AI Publisher, AI – Domain Specific Language (DSL), AGIX coin Tools and AGIX Staking & Bridge. However, SingularityNET’s native coin, AGIX, plays a vital role in their ecosystem. SingularityNET has identified its native AI coin, AGIX, as a utility coin used on their platform for transaction management and decentralized community governance. Moreover, similar to many digital assets, AGIX is a multichain coin project used on multiple networks such as Ethereum and Cardano. Instantly, AGIX is trading at $0.307900.
Render Token (RNDR)
The artificial intelligence coin project Render Token (RNDR), which has come to the fore recently, has caught the eye of experts with the rise it has experienced. The render network acts as a hub connecting users who want to render work with people who have idle GPUs to render it. For example, GPU owners who are also node operators will connect to Render Networks to render render jobs via OctaneRender. RNDR, an ERC-20 utility coin, is used to pay for rendering, which can be manual or automated. At an instant, RNDR has a market cap of $802 million and is currently trading at $2.21.
Fetch.ai (FET)
Fetch.ai (FET), one of the prominent artificial intelligence coin projects of 2023, has found its place in the list of experts. Ranked third in CoinMarketCap’s Best Artificial Intelligence and Big Data Tokens by Market Cap, the Fetch.ai network is a cross-chain protocol based on the Cosmos-SDK. Fetch.ai describes itself as a layer-1 network for Ethereum, acting as a cross-chain bridge to the rest of the blockchain world. Its blockchain and AI capabilities allow anyone to connect and access secure datasets using autonomous AI to complete tasks. The Fetch.ai ecosystem is also inspired by an artificial intelligence known as Multi-Agent Systems, which is suitable for multi-stakeholder environments.
Vital to its ecosystem, the native coin of the AI crypto project FET is used as the primary medium of exchange to pay for transactions on its network. The project’s native coin, FET, is instantly traded at $0.309944.
The Oasis Network (ROSE)
Featured on the list and designed for developers, the Oasis Network is entirely focused on providing a layer of privacy to Web3. This network adds privacy to existing dApps on any EVM network with its easy-to-integrate, user-friendly Oasis Privacy Layer.
At the beginning of the new year, there was a great demand for artificial intelligence. To ensure AI systems are secure and ethical, the Oasis network plans to use its privacy infrastructure to address potential AI privacy issues. The Oasis Network native coin, ROSE, can be used to transact, stake, and delegate on their Network. Instantly, Oasis Network is trading at $0.060182.
Injective (INJ)
Injective, a Layer-1 blockchain network, was primarily designed for DeFi applications. Integrating artificial intelligence into its systems, Injective claims to be the first blockchain to offer automatically executed smart contracts. The automation feature will allow users to easily launch dApps with Injective’s CosmWasm smart contract layer.
Moreover, Injective is managed by a global DAO community through its native coin INJ. Injective’s native token ranks sixth among the top AI coins according to CoinMarketCap with a market cap of $309,453,895. At the time of this writing, INJ is trading at $4.24.
Ocean Protocol (OCEAN)
Ocean Protocol (OCEAN), one of the popular artificial intelligence projects of recent times, also finds its place in the list. Ocean Protocol, an emerging AI crypto project that recognizes the importance of data, has announced that its mission is to unlock data for the public, thereby reducing the monopolistic control of organizations in the data and AI sector. Ocean Protocol can unlock the value of data by allowing transactions to occur with ERC-20 smart contract coins.
Ocean Protocol provides open access to data, ensures data governance, fosters network growth and ensures that every step is a journey towards decentralization. Ocean Protocol’s utility token, OCEAN, allows users to own, buy and sell data for curation. Moreover, this AI crypto project gives publishers a chance to earn rewards when they publish datasets on the network. It also enables consumers to get their hands on hard-to-find datasets. Instantly, OCEAN is trading at $0.359814.
Exec RLC (RLC)
With the idea of creating the next generation Internet, iExec RLC focuses on bridging the gap between resource providers and users. This AI crypto project also combines the forces of blockchain and confidential computing to create a productive environment for Developers, Providers and Claimants. In the iExec RLC environment, blockchain creates a marketplace where people earn rewards through computing power, applications, and datasets. iExec RLC allows Dapps to easily access servers, datasets and computing resources over the network. Moreover, iExec RLC promotes a Virtual Cloud Infrastructure that provides high performance computing services on demand.
Moreover, the native coin of this AI crypto project, RLC, is used as a channel for trading, allowing users to access computing assets through RLC exchange. Instantly, RLC is trading at $1.72.
Artificial Liquid Intelligence (ALI)
On the other hand, experts added the Artificial Liquid Intelligence (ALI) project to the list. Althea has also been named by Business Insider as the upcoming competitor of OpenAI as there has been a great interest in Artificial Intelligence in the community. Althea is famous for being the birthplace of Dapps like Noah’s Ark and CharacterGPT. Announcing itself as the “world’s first Intelligent Metaverse,” this AI crypto project combined the features of the AI protocol, enabling users to build intelligent NFTs (iNFTs) and develop an opportunity for innovative interaction. Momentarily, the ALI is trading at $0.02803112.
Numeraire (NMR)
Founded in 2015 by Richard Craib, Numeraire is an Ethereum-based ecosystem that allows developers and data scientists to showcase machine learning models with enhanced reliability. According to the data, this AI crypto project is referred to as the first hedge fund to launch crypto and use machine learning in its investment strategy, primarily based on data and predictions generated by participants in the Numerai Tournament.
With its unique idea, Numeraire rewards participants with NMR coins, the native coin of this AI crypto project whose model performed well during the tournament. Nurmeraire’s strategy hopes to make NMR more valuable as more people join the tournament. Another reason why Numeraire’s approach to trading stocks is unique is that they rely heavily on artificial intelligence-generated data prediction, giving them an extra edge in the market.
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