The growing popularity of the text-based AI platform ChatGPT and the renewed interest in artificial intelligence (AI) fueled the success of core technology-related AI coins and projects. These projects have been recording significant returns on investment (ROI) since January.
10 AI coins with the biggest ROI
According to the latest data shared by CryptoRank, CryptoGPT (GPT) has recorded a 17.78x return on investment since the token sale. It leads the artificial intelligence coin market with 29.37x gains at the ATH level.
Following CryptoGPT is Rejuve.AI (RJV) and SingularityNET (AGIX), launched by SingularityNET which recorded 6.53x returns and 10.16x ATH peak. CryptoGPT, Rejuve.AI and SingularityNET were the most popular AI coins that managed to grab the attention of investors throughout March.
Other artificial intelligence coin projects reaching the top 10 list
Elsewhere, fourth-ranked Fetch.ai (FET) has previously garnered attention, with 96% of its investors profiting from its price in early March. FET has been on the ‘best AI cryptos to watch’ list for months. In March, as the data shows, it increased its current ROI by 4.91x, while its gain to ATH level was 13.32x.
Other AI projects on the list include Parsiq (PRQ) with 4.13x current ROI, PodFast (FAST) 4.05x, SingularityDAO (SDAO) 3.7x, DOTMOOVS (MOOV) 1.86x, NeoCortexAI 1.42x (CORAI) and Sidus Heroes (SIDUS) with 1.08x.
The success of SingularityNET and Fetch.ai
Thanks to the announced beta launch of the platform’s Cardano (ADA) staking portal and the Rejuve initiative, SingularityNET has remained in the focus of the emerging crypto community with Tesla CEO Elon Musk rumored to be in it. Musk contacted AI researchers and shared an image talking about “Singularity.”
cryptocoin.com In this article, we have included what Musk said and the price movements of the AGIX token.
At the same time, Fetch.ai recently released a roadmap outlining some of the critical milestones the company aims to reach by the end of 2023.
How do artificial intelligence technology and Blockchain work together?
Artificial intelligence and Blockchain are technologies used for different purposes, but they can also work together. AI is a technology that helps computers learn and make decisions. Blockchain, on the other hand, includes a distributed ledger, namely ledger technology. Here, it allows data to be stored and shared securely.
Blockchain can be used as a data source for artificial intelligence applications. Data on blockchain tends to be more secure and accurate than other data sources. Therefore, artificial intelligence algorithms can produce more accurate results using data from the Blockchain.
Finally, by using artificial intelligence and Blockchain together, sensitive data such as medical data can be securely stored and shared. Blockchain ensures that data is stored securely, while artificial intelligence algorithms analyze this data to offer better diagnosis and supply.
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