Highest-ranked AI cryptocurrency by market cap?

Ritu13

Since the release of OpenAI's ChatGPT at the end of 2022, artificial intelligence (AI) has become a sensation, leading to astronomical valuations of AI companies and a surge in the prices of AI-related stocks. Subsequently, this frenzy extended to the cryptocurrency sector, specifically in the field of artificial intelligence.

What is the highest-ranked AI cryptocurrency by market capitalization?
The highest-ranked AI cryptocurrency by market capitalization is Bittensor (TAO), with a market value of $3.85 billion as of February 29, 2024.

Following closely is Render (RNDR) with a market value of $3.03 billion.

Fetch.ai (FET) ranks third with a market capitalization of $1.41 billion.

Bittensor unquestionably holds the top position.
Bittensor is a decentralized machine learning protocol supported by the TAO token and has maintained its status as the largest AI cryptocurrency through January and February 2024. As of February 29, 2024, its market capitalization stands at $3.85 billion, surpassing Render by $820 million (with a market value of $3.03 billion).

In the first two months of this year, the rankings of the top five AI cryptocurrencies remained unchanged. However, significant changes occurred beyond the top 5. Autonolas (OLAS), initially ranked sixth with a market value of $300 million at the beginning of 2024, dropped to ninth place by February 29, with a market value of $300 million. Although its market value increased by $4.07 million, it was surpassed by other AI coins.

Nosana (NOS) experienced the most significant ranking improvement, starting the year in ninth place and rising to seventh by the end of February. Its market value increased from $50 million to $510 million, a gain of $460 million.

Which AI cryptocurrencies experienced the highest percentage gains?
In 2024, Nosana achieved the highest percentage gain among AI cryptocurrencies, with a staggering increase of 987.9%, rising from $0.56 to $6.01 within two months.

Next is DeepFakeAI (FAKEAI), with a gain of 628.6%, increasing from $0.0008 to $0.0069.

Synesis One (SNS) takes the third spot with a 595.4% rise, going from $0.016 at the beginning of the year to $0.108 by the end of February. Overall, from January 1 to February 29, 2024, AI cryptocurrency prices averaged a 257.2% increase.

In terms of market value growth, Bittensor leads with an increase of $2.22 billion, followed by Render with an increase of $1.2 billion. SingularityNET (AGIX) ranks third, with its market value increasing by $510 million to reach $930 million.

Although Nosana experienced the highest price percentage gain, its market value only increased by $450 million, ranking fifth behind Akash Network's $510 million.

OpenAI's announcement of Sora propels AI cryptocurrency prices higher.
Following the release of OpenAI's Sora text-to-video model, the average price of AI cryptocurrencies increased by 151.0%.

DeepFakeAI emerged as the biggest beneficiary of OpenAI's latest product, reversing a decline from -31.4% on February 17 to a remarkable 628.6% by February 29.

Yamini003

I'll take a look into artificial intelligence as well.

Pooja193

I don't know much about AI coins.