While OpenAI’s text-based tool ‘ChatGPT’ has enjoyed widespread success, Artificial Intelligence (AI) has become an increasingly popular topic of discussion in recent months, with AI-driven blockchains and digital assets gaining attention and demand. With this in mind, analysts shared a list of 6 Artificial Intelligence Coins that crypto traders and investors should watch out for in 2023, and analyzed their performance.
The first artificial intelligence coin The Graph (GRT)
A market value leader among AI-related cryptos, The Graph (GRT) offers a new approach to indexing and querying data on the blockchain, allowing each developer to create subgraphs and define how to retrieve, index, and serve data on-chain. . Thus, it potentially solves the problem of developers accessing Blockchain data with GRT incentives. The native token, which can be used to earn staking, payments within the network, and fees for depositing it into a bond curve and handing it over to indexers, is currently trading at $0.089, down 6.56% on the day and 1.02% on a weekly basis. However, it is still in the green zone of 59.37% on the monthly chart.
Ocean Protocol (OCEAN) is also on the list.
Another Artificial Intelligence Coin that is on the AI popularity wave is Ocean Protocol (OCEAN). The project allows developers to create more immersive apps for specific communities. Ocean Protocol provides an open-source Blockchain-based data exchange that has recently passed through a large Ocean ONDA V4. Adding more security, flexibility and ROI potential to the system and integrating data into Non-Fungible Tokens (NFT), the update has put buying pressure on cryptocurrencies. At the time of writing, the token was trading at $0.3662, down 3.93% in the last 24 hours. However, it increased 6.97% on a weekly basis. It also recorded an impressive 123.22% monthly gain.
Third AI coin Fetch.ai (FET)
Combining Blockchain and artificial intelligence technology to create a network of autonomous software agents for AI-powered peer-to-peer applications, Fetch.ai (FET) further enhances the crypto community’s utility as a cross-chain bridge and its work on Autonomy of Objects (AoT). He got off to an impressive start to the year. Although FET has seen a 6.56% loss in the last 24 hours, which is in line with the general sentiment in the crypto market, it is up 1.51% in a seven-day period. It also posted a strong gain of 188.28% in the last 30 days.
Great performance from SingularityNET (AGIX)
The native SingularityNET (AGIX) token, created by the SingularityNet.io project, got off to a great start thanks to the growing demand for artificial intelligence and the recent announcement by Mindplex Magazine in collaboration with the decentralized multimedia content platform Mindplex. Despite falling 7.14% in the last 24 hours and 2.19% in the week, AGIX has seen phenomenal growth of 272.74% in the last 30 days. The AI coin is currently changing hands at $0.1717.
Artificial Liquid Intelligence (ALI)
The goal of Artificial Liquid Intelligence (ALI), a decentralized protocol created by Alethea AI and powered by serial crypto investor and billionaire Mark Cuban, is the ‘intelligent NFT’ (iNFT) standard. The platform recently released its CharacterGPT dApp (MATIC) with Polygon. It also allowed anyone to quickly create, train, and trade AI characters as NFTs in Polygon, pushing the ALI price up by 3.86% per week and 285.09% per month. However, the token price has dropped 11% in the last day.
Polygon has a new artificial intelligence project
cryptocoin.comAs you follow, ChatGPT in late 2022 caused a sensation with its innovative use of artificial intelligence (AI). Simply by entering a short text prompt, you can ask this AI Chatbot to type almost anything and it can do it in a matter of seconds. The breakthrough technology is so powerful that Microsoft is now investing billions of dollars in it.
With so many people trying to figure out how to harness the power of ChatGPT, is it surprising that innovators in the crypto industry are also experimenting with ChatGPT? There could be many more examples in the coming months. But one example that’s caught the eye of the Motley Fool right now is Polygon (MATIC) and its experiments with AI technology for the NFT market. This project from Polygon is very interesting because this crypto has partnered with a number of highly creative brands, including Starbucks and Nike, both of which can probably think of many interesting applications.
Imagine what Disney could do with this kind of AI technology, what immersive experiences it could create for families and new digital experiences for people around the world, said Walt Disney, another Polygon partner. Moreover, the company behind CharacterGPT (Alethea AI) has the backing of billionaire investor Mark Cuban. In the past, Mark Cuban has invested in Polygon, and he’s the kind of person who could build popular support for AI-powered NFTs.
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