Artificial Intelligence (AI) is a rapidly growing industry that has tremendous potential. With the advent of Chat GPT and even major tech companies venturing into AI, this space is evolving at a rapid pace than ever before.
Recently, AI has garnered attention in the crypto space for its potential to enhance user experience, scalability, and security in blockchain networks. AI-based crypto coins support various AI projects such as decentralized marketplaces, market predictions, portfolio management, and even governance rights for token holders.
Below mentioned are some of the best AI crypto coins. Kindly note that this list is based on internal research and should not be taken as investment advice.
Oasis is a layer 1 blockchain which gives high priority to privacy and scalability. This blockchain separates the smart contract execution from the consensus mechanism process, thereby enabling developers to build privacy focussed applications. It provides a secure architecture which has high throughput and low fees.
The goal of this blockchain is to power various Web 3 applications by providing an infrastructure to scale applications rapidly.
The native token of the OASIS network is ROSE which is used for staking, transaction fee and governance. ROSE is currently trading at $0.06617 with a market cap of close to $378 million at the time of writing. Oasis has also announced a $ 235 million fund to support the applications built on its network.
AGIX is one of the most notable crypto tokens in the market today. It is the native token of the SingularityNET platform. This platform allows users to buy and sell AI-related products. Data models and other AI-related tools can be traded too on this platform.
AGIX is currently trading at $ 0.5305 with a market cap of close to $638 million at the time of writing. It has a maximum supply of 2 billion tokens with close to 1.2 billion tokens in circulation currently.
Fetch is an open-source decentralised platform that allows the building of a new digital economy. It allows the creation of intelligent autonomous agents which are tools that function using AI. These tools can handle complex tasks such as advanced analytics, predictive modelling, and decision-making. The bots communicate with each other and also with human interfaces to allow seamless communication.
The native token of Fetch.ai is FET. FET is currently trading at $0.4569 with a market cap of $374 million at the time of writing. The current circulating supply of FET tokens is close to 818 million.
Render is an innovative GPU network built a-top of the Ethereum blockchain. It is a high-performance blockchain that enables the functioning of Decentralised Applications (Dapps) which require high bandwidth. Its blockchain allows developers to create various dApps across domains such as healthcare, finance and gaming.
Its main innovation is the use of off-chain computing nodes which ease the load of the main blockchain. This ensures that large amounts of data can be processed quickly. It offers a flexible programming environment that enables developers to code using multiple programming languages. These features make it a promising platform for future developments of DApps.
Render is currently trading at $1.51 with a market cap of close to $382 million at the time of writing.
The Graph (GRT)
The Graph is a new decentralized, open-source protocol based on distributed ledger technology to aggregate data without involving third parties. This protocol is a global APU for indexing and organizing data that is easily accessible, and it uses the Graph QL language.
The Graph protocol indexes blockchain data the same way Google indexes data on the internet. The protocol uses the concept of “sub-graphs” to retrieve data from the blockchain easily. Subgraphs are open APIs which have the details of how data is indexed in the blockchain. This is a novel solution, as retrieving data from conventional blockchains is a difficult task.
The native token of The Graph is GRT which is an ERC-20 token that can be stored in Ethereum or Ethereum-compatible wallets.
GRT is trading at $0.158 and has a total market value of $1,395,070,490 at the time of writing.
In conclusion, the above-mentioned tokens are some of the top AI crypto coins currently trending in the market. AI is changing the way we think about technology. AI tools help ease the human effort and enable the workforce to give creative inputs and reduce manual efforts. The confluence of AI and Crypto provides a new way to scale up the development of Decentralised applications. With the growing adoption of AI technologies, the potential for these coins to revolutionize industries and markets is immense.
Each of these AI-powered projects has its unique application for solving issues in the crypto space, from cloud computing services to enabling secure data sharing. Crypto investors have to perform their research before investing in these crypto tokens.
Read more: Crypto Investing vs Crypto Trading
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