Today, bulls started to show strength in the cryptocurrency market. Most altcoins, especially the leading cryptocurrency Bitcoin, have gained upward momentum. In this environment, some artificial intelligence coin projects stand out with their double-digit earnings. Veteran cryptocurrency Injective (INJ), labeled as the ‘Largest Artificial Intelligence and Big Data Token’ by CoinMarketCap, has experienced incredible growth.
Injective (INJ) has stood out in its segment and is running!
The overhyped segment of AI coin projects is underperforming amid rising market optimism. However, some of the largest cryptocurrencies are posting solid gains. The majority of these are low-cap, but a senior cryptocurrency in this space is also in the green today. Artificial intelligence crypto giant Injective (INJ) becomes the fastest-growing large-cap coin in its segment
INJ, the core native cryptocurrency of Injective, a high-performance programmable L1 Blockchain, gained over 18% in just 24 hours. Today, the AI coin price rose above $10.55 on major spot exchanges. Thus, the token jumped to a new peak. The last time the price of Injective (INJ) was higher was in December 2021, shortly after Bitcoin (BTC) recorded an ATH above $69,000. Therefore, the altcoin is racing towards setting a two-year high amid a bearish market.
Artificial intelligence coin project continues to improve itself
cryptokoin.comAs you follow from , Blockchain has achieved a number of successes in terms of the growth of the DeFi ecosystem in recent days. In other words, the protocol incorporated the first option infrastructure protocol. Additionally, it added the Non-Fungible Token (NFT) aggregator and liquidity bootstrapping tool. Additionally, the Kava (KAVA) team has proposed introducing large incentives to increase Tether (USDT) usage on Injective. Finally, trading for .inj domains has begun. Blockchain is also hosting a joint hackathon program with Google Cloud.
A new record: Injective (INJ) exceeded $400 million
Additionally, according to the announcement made by the AI coin team, Blockchain has passed a significant milestone. Currently over $400 million of INJ is locked in staking pools. Overall, tokens labeled as “Top Artificial Intelligence and Big DataTokens” by the CoinMarketCap crypto price tracker are underperforming. While the net capitalization of cryptocurrency markets increased by 2.7%, AI crypto prices increased by only 2.4%.
These low-volume artificial intelligence coin projects are also popular!
Low-cap altcoins Trustverse (TVT) and GNY (GNY) were the best performing cryptos in the AI crypto rankings, with gains of 35% and 30% respectively.
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