Artificial Intelligence (AI) and cryptocurrencies are two advanced technologies that have been revolutionizing different industries in the last few days. In the crypto world, core developers leverage Al to improve security, optimize trading strategies, and enhance blockchain scalability. With the high hopes that come with this year, here are the top 10 Al crypto coins to watch in 2024 if you are looking to explore AI cryptos.
What is an Al crypto?
In simple terms, AI crypto coins are tokens that leverage AI to function in certain ways. Artificial Intelligence helps these tokens to improve scalability, security, user experiences, trading strategies, and much more.
Al crypto coins can power Al-based apps and projects, including DEXs. It can also power text and image-generating features, investment protocols, and many more. So in essence, AI crypto coins can give its users unrestricted access to Al technology and the services powered by it.
What are the Top 10 AI Crypto Coins to Watch in 2024
Here is a list of the top 10 AI crypto coins that you can watch in 2024 due to their immense potential:
1. SingularityNET (AGI)
- Token: AGIX
- Category: Al Services Marketplace
- Market Cap (February 2024):
Basically, SingularityNET is a decentralized Al marketplace that seeks to democratize Al by allowing developers to create, share, and even monetize Al services. With a focus on Al interoperability and collaboration, SingularityNET has the potential to disrupt the Al industry and drive innovation in the crypto space.
2. The Graph
- Token: GRT
- Category: Data Indexing and Querying
- Market Cap (February 2024): $2,255,486,604
The Graph is one of the world’s leading blockchain indexing and data querying protocols that uses Al technology to enhance data accessibility across different decentralized networks.
It is an extremely valuable project that is proficient in blockchain data indexing. However, it aims to modify the difficulty of it by categorizing data into subgraphs. These are much smaller units which are simpler to work with. The Graph’s whole ecosystem is powered by its native cryptocurrency called GRT.
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3. Fetch.ai (FET)
- Token: FET
- Category: Autonomous Agents and DeFi
- Market Cap (February 2024): $775,564,081 USD
Fetch.ai is a decentralized Al platform. This platform allows the development of autonomous agents for diverse applications, such as supply chain optimization, decentralized finance (DeFi), and smart cities. With a strong emphasis on Al-driven solutions, Fetch.ai is set for growth in 2024.
4. Ocean Protocol (OCEAN)
- Token: OCEAN
- Category: Data Exchange and Monetization
- Market Cap (February 2024): $393,934,477
Ocean Protocol is a notable decentralized data exchange protocol that allows users to share and monetize data while maintaining security and privacy. By integrating Al capabilities, this network enables data scientists and Al developers to create and deploy Al models on decentralized data sets.
5. Numerai (NMR)
- Token: NMR
- Category: Predict the movement of the stock market
- Market Cap (February 2024): $202,030,027 USD
Numerai is simply a crowd-sourced hedge fund that makes use of Al and machine learning to generate predictive models for financial markets. Basically, due to its unique approach to staking mechanisms and data science competitions, Numerai has definitely gained attention as a leading Al crypto project.
6. Cortex (CTXC)
- Token: CTXC
- Category: Machine Learning
- Market Cap (February 2024): $130,660,996
Cortex is a decentralized Al platform that allows Al models to get deployed on the blockchain, thereby creating a solid marketplace for Al services and applications. By combining Al and blockchain technology, Cortex seeks to revolutionize the way Al models are trained, validated, and even deployed.
7. DeepBrain Chain (DBC)
- Token: DBC
- Category: Machine Learning
- Market Cap (February 2024): $20,045,162 USD
DeepBrain Chain is a decentralized Al computing platform that offers Al training and inference services on the blockchain. By using distributed computing resources, this network offers cost-effective Al solutions and also promotes collaboration among Al developers.
8. Matrix Al Network (MAN)
- Token: MAN
- Category: Solutions for Decentralized Apps
- Market Cap (February 2024): $15,868,196 USD
Matrix Al Network is a blockchain platform that incorporates Al algorithms to improve scalability, security, as well as efficiency. With a strong emphasis on Al-driven consensus mechanisms and smart contracts, this network provides innovative solutions for decentralized applications.
9. Filecoin (FIL)
- Token: FIL
- Category: Decentralized Data Storage
- Market Cap (February 2024): $3,730,653,601 USD
Filecoin is a simply decentralized open data storage marketplace. This simple peer-to-peer ecosystem allows users to safely store files in a decentralized cloud, thereby offering them a marketplace for storage capacity as well as data retrieval.
Although Filecoin doesn’t concentrate specifically on Al, it still offers a very transparent and secure environment to keep Al datasets and helps to democratize the Al economy.
10. GNY (GNY)
- Token: GNY
- Category: Building AI Apps
- Market Cap (February 2024): $5,601,653 USD
GNY is a decentralized machine learning platform that allows developers to create and deploy Al models on the blockchain. With a primary focus on data privacy and Al transparency, this network offers users tools and services for building Al applications in a very secure and decentralized environment.
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Which Al crypto is best?
No particular Al crypto can be defined as the “best” because they all have their unique characteristics and approaches to decoding specific problems. Multiple strategies could be also effective even if they want to accomplish the same goal.
What are the top Al tokens?
Some of the top Al tokens include The Graph, Fetch.ai, Ocean Protocol, SingularityNET, FileCoin, and many others. Many more of these AI projects will also be launched in the future.
As Al keeps transforming the crypto industry, these are the top 10 AI crypto coins to watch in 2024. Their innovative technologies, use cases, as well potential impact on the blockchain ecosystem are commendable. By leveraging the power of Al and blockchain technology, these crypto projects are moving forward with the convergence of two edge-cutting technologies. They are also gradually shaping the future of decentralized applications, data exchange, as well as other Al-driven services.
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