One of the newest players in the cryptocurrency world artificial intelligence and big data tokens have performed very strongly in the last 24 hours. The total capitalization of the assets in question increased by 14.85% in just 24 hours, reaching 18,594,821,423 dollars.
The five largest AI tokens by market cap have surged over the past trading day. Internet Computer (ICP), Injective (INJ), Render (RNDR), The Graph (GRT) and Theta Network (THETA) recorded impressive 24-hour gains.
ICP and INJ have been the most impressive performers over the last 24 hours of trading. CoinMarketCap data showed that ICP changed hands at $6.49 after its price increased by more than 14%. Meanwhile, INJ’s price is trading at $30.44 after registering a 31.73% increase in price.
The recent surge in prices of these AI altcoins has also pushed their respective weekly performances deep into the green zone. Then, ICP increased by 30.49% in the last 7 days. However, INJ’s dominance was also evident on longer time frames as its weekly gain was more than 80%.
The next biggest gainer in the list of top 5 AI altcoins is RNDR. Over the past trading day, its price managed to rise by 13.64%. Similar to INJ and ICP, its 24-hour gain also boosted the coin’s weekly performance. As a result, RNDR is up 21.27% in the weekly timeframe.
GRT and THETA achieved daily gains of 10.08% and 6.11% respectively. Both altcoins were in the red zone on the weekly timeframes, but their recent positive 24-hour performance was enough to move them out of the red zone on the longer timeframe. Then, GRT recorded an increase of 5.05% in the last 7 days, while THETA’s performance in the same period was 1.77%.