Fri. Feb 23rd, 2024

Artificial Intelligence (AI) Cryptocurrencies Have Soared More Than 500% This Year

Crypto AI

✍️ 3 January, 2024 – 17:29 👤 Editor: Jakub Motyka

The crypto sector dedicated to artificial intelligence (AI) has experienced explosive growth this year, with an expansion of 540% in 2023, reaching a market capitalization of 7 billion dollars.

Considering that the market value of artificial intelligence (AI) cryptocurrencies was only 1.1 billion dollars on 9 January 2023, this increase is notable. In the last month alone, since November 29, 2023, the market capitalization of AI-focused crypto assets increased by $1.75 billion​​.

The AI Crypto Market Does Not Stop Growing: Fetch.ai (FET), Leading In Market Capitalization

Among the leading tokens in the AI space, The Graph (GRT) stands out with a market valuation of $2 billion, experiencing an increase of 40% in the last month. Other tokens such as Fetch.ai (FET), SingularityNET (AGIX) and Ocean Protocol (OCEAN) also recorded significant growth.

According to the list of Top cryptocurrencies on AI from CoinMarketCap, right now by market capitalization the ranking is like this:

  1. Fetch.ai (FET), with around 600 million dollars.
  2. SingularityNET (AGIX), with around 415 million dollars.
  3. Numeraire (NMR), with around 130 million dollars.
  4. DeepBrain Chain (DBC), with around 7 million dollars.
  5. DxChain Token (DX), with around 5 million dollars.

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Fundador at Criptokio.com
Jakub Motyka is an editor and cryptocurrency expert with an outstanding professional profile in the field of digital finance and blockchain technology. His career includes extensive experience writing and editing content related to the world of cryptocurrencies, covering a wide range of topics from technical and market analysis to technological developments and emerging trends in the industry.
Jakub Motyka
Follow me
Jakub Motyka

By Jakub Motyka

Jakub Motyka is an editor and cryptocurrency expert with an outstanding professional profile in the field of digital finance and blockchain technology. His career includes extensive experience writing and editing content related to the world of cryptocurrencies, covering a wide range of topics from technical and market analysis to technological developments and emerging trends in the industry.

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