Best AI Crypto Coins: Artificial Intelligence (AI) is rapidly advancing, poised to revolutionize our interactions and work processes. One of the remarkable advancements in this field is ChatGPT, developed by OpenAI, which generates text resembling human language and performs tasks such as answering queries and processing information. Additionally, AI holds immense potential to disrupt the crypto space.
AI coins represent crypto assets that leverage artificial intelligence to enhance user experiences, scalability, and security within blockchain networks. These crypto AI coins actively support AI-driven projects, including decentralized marketplaces, market predictions, and portfolio management. Moreover, AI-powered tokens can confer governance rights to their holders, facilitating transactions within the ecosystem. AI can be trained to identify illicit activities, analyze market trends, identify investment opportunities, and serve various other applications.
In this article, we will explore some of the best AI crypto coins available in the market today.
The 5 Best AI Crypto Coins in 2023
1. Graph GRT
2. AGIX
3. Oasis
4. Render
5. Fetch.ai
The Best AI Crypto Coins
As AI continues to advance, it is transforming various industries, and the blockchain industry is no exception. AI-powered crypto projects have emerged, offering secure and streamlined approaches to harnessing AI within blockchain protocols. These projects address challenges in the crypto realm, ranging from cloud computing services to secure data sharing. In this article, we will delve into the details of the best AI crypto coins that are making waves in the market.
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Graph GRT:
The Graph is a decentralized, open-source protocol that utilizes distributed ledger technology to gather data independently, eliminating the need for intermediaries. This protocol functions as a worldwide Application Programming Interface (API) designed to index and organize data efficiently. It leverages the GraphQL language to enable easy accessibility and processing.
Similar to how Google indexes the web, The Graph protocol indexes blockchain data. However, indexing blockchain data poses challenges due to the presence of numerous smart contracts storing data, which can hinder swift query responses by decentralized applications (DApps). To address this, The Graph protocol employs subgraphs to effortlessly retrieve data from the blockchain. Subgraphs serve as open APIs that specify the data to be indexed and its storage method.
The native token of The Graph network is called GRT. GRT is utilized to allocate resources within the network. It is an ERC-20 crypto token that can be stored in Ethereum (ETH) and other ERC-20 compatible wallets.
With a maximum supply of 10 billion coins, the circulating supply of GRT tokens currently stands at 8.7 billion. As of now, the price of GRT is $0.1002, resulting in a market cap of $902 million.
AGIX:
AGIX is currently one of the most sought-after AI coins available in the market. As the native token of the SingularityNET platform, AGIX plays a crucial role in facilitating transactions within this decentralized and open-source blockchain platform. Users can conveniently engage in buying or selling various AI products through this platform. It serves as a dynamic marketplace for trading data, models, and other essential tools that contribute to the advancement of AI through effective training processes.
The maximum supply cap for AGIX tokens stands at two billion, with a circulating supply of 1.2 billion AGIX coins. Presently, AGIX boasts a market cap of $249 million, while its price is $0.2038 as per the latest available data.
Oasis:
Oasis presents itself as a layer 1 decentralized blockchain network meticulously crafted to prioritize scalability, versatility, and privacy. With a robust and secure architecture, this blockchain network enables high throughput while keeping gas fees at a minimum. Its unique architecture distinguishes it as a potential powerhouse for various Web 3.0 applications, thanks to the separation of the consensus mechanism and smart contract execution. As a result, developers can effortlessly deploy privacy-focused applications at a reduced cost.
Excitingly, Oasis recently unveiled a substantial ecosystem fund amounting to $235 million. This fund plays a vital role in providing support to projects built on the Oasis network, fostering growth and innovation within the ecosystem. ROSE, its native token, is currently trading at $0.044, contributing to a market capitalization of $251 million as of the time of writing.
Render:
Render is an Ethereum blockchain-based distributed GPU network that functions as an essential platform for animation, VFX rendering, and motion graphics. Its native token, Render (RNDR), serves as a utility token specifically designed for utilization within the Render network. The network comprises two primary stakeholders: creators and node operators. Through the Render network, creators gain access to the immense GPU power available on the network, enabling them to generate high-quality images and visually captivating content at exceptional speeds and reduced costs. On the other hand, node operators lease out their GPU processing power to these creators and, in return, receive render tokens as rewards.
At present, the trading value of Render (RNDR) stands at $1.95, contributing to an impressive market capitalization of $715 million as of the time of writing.
Fetch.ai:
Fetch.ai is an open-source, decentralized platform with the objective of establishing a robust infrastructure for the development of a digital economy. Leveraging the power of artificial intelligence (AI), this platform empowers users to create autonomous economic agents. These agents possess the ability to engage in interactions with one another, undertaking tasks such as decision-making, data analysis, and predictive functions.
The native token of the Fetch.ai platform is known as FET. This token serves as the foundation for constructing an economic ecosystem designed specifically for autonomous AI agents, which has the potential to disrupt various industries, including finance, transportation, and energy.
At present, FET boasts a circulating supply of approximately 746 million coins, with a maximum supply cap set at 3,409,064,989 coins. In terms of market capitalization, FET stands at $155 million, with its price recorded at $0.1185 as of the time of writing.
Conclusion:
The combination of blockchain and AI has given rise to numerous AI crypto projects, which strive to offer a secure and streamlined approach to harnessing AI within blockchain protocols. Each of these AI-powered projects possesses distinct applications, addressing various challenges in the crypto realm. These applications range from facilitating cloud computing services to enabling secure data sharing. However, it is crucial for crypto investors to conduct thorough research before making investments in these crypto tokens to ensure informed decision-making.
FAQs:
1. How do AI crypto coins leverage artificial intelligence?
AI crypto coins utilize artificial intelligence to enhance user experiences, scalability, and security within blockchain networks. These coins actively support AI-driven projects and enable governance rights for token holders.
2. What is the maximum supply of GRT tokens?
The maximum supply of GRT tokens is 10 billion.
3. What is the purpose of AGIX in the SingularityNET platform?
AGIX plays a crucial role in facilitating transactions within the SingularityNET platform, which serves as a marketplace for trading AI products.
4. What is the trading value of Render (RNDR) tokens?
The trading value of Render (RNDR) tokens is $1.95.
5. How do Fetch.ai tokens empower the development of a digital economy?
Fetch.ai tokens serve as the foundation for creating an economic ecosystem for autonomous AI agents, enabling interactions and tasks such as decision-making and data analysis.