Artificial intelligence is advancing rapidly, showing great potential for various uses in a wide range of industries, and that includes the cryptocurrency market. In recent years, a large number of Cryptographic projects using artificial intelligence have emerged functions
At this stage, many crypto projects are harnessing the power of AI to develop digital assets that offer unique features and benefits to their users. We have investigated the three best AI crypto projects based on its market capitalization to see how big the potential is for AI-powered cryptocurrencies.
The graph (GRT)
Market Cap: $1.209 billion
The Graph is a protocol for indexing and querying data from various blockchains in a similar way to how Google indexes and queries data from websites.
GRT it is one of the tokens benefiting from the rapid growth of interest in AI-related cryptocurrencies. Its goal is to improve the exchange of data between DApps and blockchains. Through AI, The Graph can organize data and make it more accessible. Also, several high-profile DApps use Graph (GRT) in the DeFi ecosystem.
In terms of market cap, The Graph is one of the highest AI-related. crypto currencies with over $1.2 billion in market capitalization. At this time of writing, GRT price is $0.13 with a 24 hour trading volume of $19.748 million.
Meanwhile, in a recent Youtube video, a BitBoy analyst claimed that The Graph protocol still looks good despite the AI โโbombshell led by Singularity AGIX. Furthermore, GRT has accumulated above pre-FTX levels, despite acquisitions by crypto whales.
SingularityNET (AGIX)
Market Cap: $408.2 million
SingularityNET is a blockchain-powered platform that allows users to easily create, share, and monetize AI services on its globally accessible AI marketplace. Also, users can browse, try and buy a variety of AI services using the platform token, AGIX. Additionally, your marketplace represents an outlet that AI developers can use to publish and sell their AI tools and easily track their performance.
SingularityNET was one of the first AI crypto projects in the blockchain space. And since SingularityNET is decentralized, it allows you to have an open source architecture that allows AI developers who are members of your community to put their own spin on AI and develop the platform further.
At the moment Agix price it is at $0.3361 with 24-hour volume of $24.57 million. Its total market capitalization is $408.2 million and remains bullish. However, let's not forget how volatile the market is.
Retrieve.ai (FET)
Market capitalization: $272.55 million
Search.ai is a platform that connects IOT devices to algorithms so they can learn together. It uses a decentralized ledger to store Fetch.ai transactions and price movements.
The team creates a marketplace and deploys new business models using open source tools. Fetch.ai is made up of a global engineering team integrating distributed ledger, multi-agent, and AI.
In recent news, Fetch.ai announced AI trading tools for decentralized crypto exchanges. The new platform will use AI agents that execute trades on behalf of users and ensure the best possible trading results and reduce the need for manual intervention. In addition, autonomous agents can also be programmed with user preferences and adjust strategies based on market conditions, while allowing users to interact across markets on a peer-to-peer basis.
At this time of writing, FET price it is $0.333 with a 24-hour trading volume of 27.49 million.
