In the world of cryptocurrencies, Artificial Intelligence (AI)-related coins have been making waves with their recent development activities. The market intelligence platform Santiment has outlined the top 10 AI cryptocurrencies that have shown the most progress over the last 30 days.
NEAR Protocol Takes the Lead
At the forefront of this list is NEAR Protocol (NEAR), with an impressive development index of 173.5. Following closely behind are The Graph (GRT) and Oasis Network (ROSE) with ratios of 143.5 and 101.1, respectively. Other notable coins in the top 10 include Bittensor (TAO) and iExec RLC (RLC).
One of the key drivers of the recent rallies in AI-related coins is the formation of the “Superintelligence Alliance” between Fetch.ai, SingularityNET, and Ocean Protocol. This alliance has garnered significant attention and support, contributing to the growth of these projects.
Over the past few days, Artificial Intelligence-related cryptocurrencies have been on an upward trend, fueled by a series of developments in the industry. The involvement of major players such as Binance in supporting initiatives like the Superintelligence Alliance has added to the momentum, driving interest and investment in AI coins.
NVIDIA’s Influence
Another significant factor in the rise of AI cryptocurrencies is the progress made by tech giant NVIDIA. With a brief stint as the most valuable company globally, NVIDIA’s impact on the market has been substantial, leading to increased visibility and investment in AI projects.
Rallying of AI Coins
The market response to these developments has been evident in the significant price jumps experienced by AI coins such as Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN). FET, in particular, recorded a 35% daily price increase on June 20th, reaching $1.75 according to CoinGecko data.
The landscape for AI cryptocurrencies is evolving rapidly, with exciting partnerships, technological advancements, and market dynamics driving the growth of these innovative projects. As more investors and developers engage with AI-related coins, the potential for further advancements and opportunities in this space continues to expand.