Although the cryptocurrency market started the year on a high and then entered the consolidation phase in February, some of its holdings are posting double-digit daily gains. Artificial intelligence coins come to the fore in these advances. We took a look at 11 AI coins that are up strongly.
AI coins taking flight
The Graph (GRT)
The Graph offers a new approach to organizing and accessing Blockchain data. Its protocol’s native token, GRT, is used for staking, payments within the network, and earning fees for investing it in a binding curve and authorizing indexers. It set a new record with the highest number of dApps querying the protocol’s network in the last two months. This contributed to the progression of GRT up to 31.25% in the last 24 hours and up to 97.29% in the previous seven days.
SingularityNET (AGIX)
As for SingularityNET’s native token, AGIX, it has seen an impressive 900% growth since the start of 2023, where the ecosystem team has been working day and night to build an AGI, or artificial general intelligence, whose launch is fast approaching. More recently, the team has contributed to the asset’s steady rise towards the current $0.56 by announcing the launch of the future-oriented Mindplex Magazine and a partnership with COTI. This represents a 28.95% increase on the day and an impressive 227.87% weekly gain.
Fetch.ai (FET)
cryptocoin.comAs you follow, Fetch.ai (FET) gained 20% in a single day on January 13. When the community became aware of the platform’s use as a tool, Cosmos (ATOM) stood out as one of the daily top earners in inter-blockchain communications (IBC) networks. Fetch.ai has recorded more than five million transactions on the main-net. Yet one of his whales continued to buy FETs at low prices. It then saw its value soar to $0.5438, up 24.57% over the course of the day. In this process, it recorded an increase of 100.66% during the week.
Numerai (NMR)
A San Francisco-based hedge fund called Numerai is backed by Numeraire, an original AI cryptocurrency. Instead of hiring paid stock analysts, Numerai uses predictions about the stock market from NMR token holders. At press time, NMR was trading at $23.97, up 6.29% on a daily basis. Altcoin has increased by 45.76% in the past week.
Ocean Protocol (OCEAN)
An open-source protocol called Ocean Protocol provides secure and open data exchange and monetization for both individuals and organizations. It allows programmers to design applications that take advantage of its many features, including securely accessing data from a variety of sources, including both public and private repositories. OCEAN was trading at $0.5327 at press time, up 16% on a daily basis. Altcoin has gained more than 50% in the past week.
Cortex (CTXC)
A new cryptocurrency startup called Cortex, based on Ethereum, promises to give smart contracts AI functionality. Users can purchase AI models and add them to smart contracts using Cortex. This provides much more functionality than is currently available with Ethereum’s smart contracts. At press time, CTXC was trading at $0.3447, up 14% on a daily basis. Altcoin has gained 24% in the past week.
Velas (VLX)
A successful cryptocurrency called Velas was created using a fork of Solana Blockchain. The way Velas uses artificial intelligence to verify Blockchain transactions sets it apart from other solutions. At press time, VLX was trading at $0.02867, up 2.4% on a daily basis. The altcoin has seen a 2.72% drop in the past week.
PARSIQ (PRQ)
You only need this cutting-edge platform for monitoring and intelligence. This is because PARSIQ is renowned for providing Blockchain analytics tools for a wide variety of industries. It is important to remember that the PARSIQ contract was launched on Ethereum. It enables developers to direct resources towards corporate goals with better social value. At press time, PRQ was trading at $0.2042, up 25% on a daily basis. Altcoin has gained 88.8% in the past week.
iExec RLC (RLC)
iExec is an AI Blockchain platform that enables users to leverage on-demand cloud computing resources and monetize their processing capacity. The iExec platform accepts RLC as payment for services, the company’s native cryptocurrency. At press time, RLC was trading at $2.27, up 12% on a daily basis. Altcoin has gained 31.82% in the past week.
Covalent (CQT)
For no other reason than its capacity to combine data from dozens of sources such as nodes, blockchains, and data streams, Covalent has been in the news lately. At press time, CQT was trading at $0.2165, up 22% on a daily basis. Altcoin has increased by 72.11% in the past week.
Phala Network (PHA)
Among AI coins, Phala Network is another Blockchain platform with AI enhancements for cloud computing, although it places more emphasis on privacy. It is advertised as a distributed replacement of established cloud computing providers such as Amazon AWS or Google Cloud. At press time, PHA was trading at $0.2086, up 4.74% on a daily basis. Altcoin has gained 36% in the past week.
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