- More investors are beginning to invest in AI tokens by the day.
- GRT, FET, ALI, AGIX, and ROSE are some of the tokens that are seeing gains.
Amid massive cryptocurrency gains in the early hours of February 16, AI-backed altcoins have also experienced significant increases in the past 24 hours.
These gains have been accompanied by increased trading volume for the altcoins, indicating that more investors are beginning to invest in them. As a result, we prepared a list of 5 AI tokens that have experienced notable gains in the past 24 hours according to data from Coinmarketcap.
1. The Graph (GRT)
The graph (GRT) is an extensive data indexing protocol that allegedly goes across 26 networks. It’s just recently seen a 60% jump in query fees. These fees cycle back to indexers, delegators, and curators. More data query fees hence equal more demand for GRT. The native token for Graph is currently trading at $0.1789, a 2.39% gain in the past 24 hours. Further, GRT’s market worth has increased by 1.06% in the past day to reach $1.5 billion as of this writing.
2. Fetch.AI (FET)
According to related sources, the Fetch token is used for staking and is the only medium of exchange in their ecosystem. In addition, it is working on autonomous economy agents and artificial intelligence. Fetch.ai (FET) is up 7.12% in the last 24 hours, pushing its price to $0.466. Moreover, Fetch.ai’s (FET) market capitalization and trading volume climbed by 3.32% and declined by 24.21%, respectively, to reach $379 million and $166 million.
3. Artificial Liquid Intelligence (ALI)
Artificial Liquid Intelligence has the character GPT, a text-to-character generation feature that helps people make smart NFTs. The native token for Artificial Liquid Intelligence exchanges hands at $0.06402, an 8.03% gain in the past 24 hours. The ALI token is currently ranked 223rd with a $636 million fully diluted market cap, a fall of 4.19% over the previous day.
4. SingularityNet (AGIX)
The SingularityNet team has an ever-growing AI marketplace, and the AGIX tokens are used as rewards for making payments in the market. The SingularityNET (AGIX) price today is $0.464933, with a 24-hour trading volume of $297,858,915. SingularityNET has been up 6.65% in the last 24 hours. In addition, the market cap of (AGIX) has increased by 4.86% to $542 million at the time of writing.
5. Oasis Network (ROSE)
Oasis is a layer-one blockchain with an anticipated Oasis privacy layer. In addition, they partnered with Facebook to assess their AI products and are building AI models to put the general public first. Oasis’ native token, ROSE, is trading at $0.081383 at press time, a 2.87% surge in the past 24 hours. The market capitalization of ROSE is currently estimated at $473 million, representing a growth of 3.10% over the previous day.
Several Artificial intelligence-backed tokens have been trading in the green region in the past day, proving their potential in the broader cryptocurrency market. On the other hand, behemoth cryptos such as Bitcoin and Ethereum have skyrocketed in price, gaining by 11.28% and 8.77%, respectively, in the last 24 hours, according to Coinmarketcap.
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