As OpenAIās text-based tool āChatGPTā is recording widespreadĀ success, artificial intelligence (AI) has become an increasingly popular topic of discussion in recent months, with AI-focused blockchains and digital assets garnering interest and demand.
With this in mind,Ā FinboldĀ has analyzed the performance and recent developments surrounding the top AI-relatedĀ cryptocurrenciesĀ to arrive at the list of those thatĀ crypto tradersĀ andĀ investorsĀ should keep an eye out for in 2023.
The Graph (GRT)
A market cap leader among AI-related cryptos, The Graph (GRT) offers a new approach to indexing and querying data on theĀ blockchain, allowing every developer to create subgraphs and define how to ingest, index, and serve on-chain data in a verifiable way, potentially solving the problem of developersā access to blockchain data with GRT incentives.
Its native token, which can be used forĀ staking, payments within the network, and earning fees for depositing it into a bonding curve and delegating to indexers, is currently trading at the price of $0.089, down 6.56% on the day and 1.02% across the week, but still up 59.37% on the monthly chart.
Ocean Protocol (OCEAN)
Another digital asset that has been riding on the AI popularity wave is Ocean Protocol (OCEAN), an open-source blockchain-based data exchange that enables developers to build more immersive applications for specific communities and which has recently gone through a major Ocean ONDA V4 update.
The update, which added more security, flexibility, and return-on-investment (ROI) potential to the system and integrated Data non-fungible tokens (NFTs), has created buying pressure on the coin, which at press time traded at $0.3662, down 3.93% in 24 hours, but growing 6.97% over the week, and recording an impressive monthly gain of 123.22%.
Fetch.ai (FET)
Combining blockchain and AIĀ technologyĀ to create a network of autonomous software agents for AI-powered peer-to-peer applications, Fetch.ai (FET) has had an impressive start to the year, as the crypto community became more aware of its utility as an interchain bridge and its work on Autonomy of Things (AoT).
Despite recording a 6.56% loss over the previous 24 hours, in line with the general sentiment on theĀ crypto market, FET has advanced 1.51% compared to seven days before, as well as registering aĀ strongĀ 188.28% gain over the previous 30 days.
SingularityNET (AGIX)
Created by the project SingularityNet.io, its native SingularityNET (AGIX) token had also had a great start thanks to the increased demand for AI and the recent announcement of theĀ Mindplex MagazineĀ in cooperation with the decentralized multimedia content platform Mindplex.
Although AGIX is down 7.14% over the past 24 hours and 2.19% over the week, it is nonetheless demonstrating extraordinary growth of 272.74% in the previous 30 days, currently changing hands at the price of $0.1717.
Artificial Liquid Intelligence (ALI)
A decentralized protocol built by Alethea AI and backed by serial crypto investor and billionaire Mark Cuban, the aim of Artificial Liquid Intelligence (ALI) is to create an intelligentĀ metaverseĀ filled with interactive and intelligent non-fungible tokens (NFTs) with the āintelligent NFTā (iNFT) standard.
The platform has recentlyĀ launchedĀ its CharacterGPT dApp with Polygon (MATIC), allowing āanyone to rapidly create, train, and trade AI characters as NFTs onĀ Polygon, pushing the price of ALI to gain 3.86% on the week and 285.09% over the month, despite losing 11% in the last day.
The price of the cryptos can vary depending on the projectsā development, popularity, and outside factors like the overall sentiment on the crypto market and the macroeconomic landscape. However, the aforementioned AI-focused digital assets are worthy of investorsā attention as 2023 unfolds.
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