What if artificial intelligence combines with cryptocurrency? The answer would perhaps be the future of everything.
AI-driven cryptocurrencies are emerging as a trend, capturing the attention of investors. These “AI coins” are digital assets that harness artificial intelligence to enhance various aspects of blockchain networks, such as user experience, scalability, and security.
Here are some of the most popular AI cryptocurrencies :
NEAR Protocol (NEAR) is the largest AI token by market cap, valued at $5.5 billion. It is designed to create an incentive for a network of computers to support a platform where developers can build and launch decentralized applications (dApps). Initially launched as a crowdsourced AI platform, NEAR Protocol (NEAR) later expanded into blockchain.
As of September 2024, the cryptocurrency is trading at $5.2.
Internet Computer (ICP) is an AI-driven crypto project that aims to expand the internet’s capabilities by offering a decentralized cloud computing platform. It allows developers to create scalable, secure, and fast dApps without using traditional servers. ICP’s blockchain network supports building various online systems and services, such as social media platforms and apps.
Its native token is ICP, which is trading at $9 as of September 2024 and has a market capitalization of $4.4 billion.
Earlier this year, blockchain networks Fetch.ai, SingularityNET, and Ocean Protocol combined their tokens into one and created an alliance for decentralized AI — or “ASI,” which stands for “artificial superintelligence.” The partnership aimed to provide an alternative to tech giants’ growing control of the AI industry.
As of September 2024, ASI is trading at $1.66 and has a market cap of $4.2 billion.
Bittensor (TAO) seeks to decentralize machine learning and artificial intelligence by creating a marketplace where AI functions as a tradable commodity. While some industry experts remain skeptical, labeling Bittensor as a “memecoin” capitalizing on the current AI hype, its recent performance suggests growing interest.
As of September 2024, the cryptocurrency is trading at $543, with a market cap of $4 billion.
Akash Network is a decentralized cloud computing platform that leverages blockchain technology to create a marketplace for buying and selling unused computing resources. It provides access to computing power, offering a more flexible and affordable alternative to traditional cloud providers.
The native token is AKT, which has a market cap of $708 million as of September 2024 and is valued at $2.8.
