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There are numerous new cryptocurrencies that make use of the most recent advancements in artificial intelligence (AI) technology; however, only a select few of these AI-based cryptocurrencies are performing better in terms of their applicability and potential.
AI cryptos are currencies that enable blockchain systems for artificial intelligence. To use the platforms and reap the benefits of its integrated artificial intelligence, users must spend digital tokens.
AI and cryptocurrencies are currently two of the most fascinating technologies. As a result, an increasing number of AI-based cryptocurrencies and related projects are combining with the new technology to create creative products with practical applications.
We have examined the performance and recent developments of some of the top AI cryptos investors should monitor this February.
Top 5 AI Cryptos In The Market Today
SingularityNET (AGIX) is our top pick for today’s AI cryptos list. SingularityNET is a decentralized Artificial Intelligence (AI) platform built on the Ethereum (ETH) and Cardano (ADA) smart contract blockchains (ADA).
The value of SingularityNET (AGIX) is anticipated to climb by 2007% by the end of 2025, hitting $0.62. Data from DigitalCoinPrice indicates that all technical indicators are optimistic.
SingularityNET has gained by 276% over the past 30 days, but declined by 7.6% over the past week.
Coingecko data indicate that AGIX is trading at $0.1713 at the time of writing.
Numerai is an Ethereum-based platform that enables developers and data researchers to explore and design more reliable machine learning algorithms for stock market investments.
Numeraire (NMR) is Numerai’s native currency, permitting network-wide transactions. It is presently trading at $16.14, down from its 2019 high of $135.
Numerai, which was established in late 2015 in San Francisco, claims to be the first hedge fund to introduce a cryptocurrency to the market.
Fetch.ai’s FET token has risen 212% versus the US dollar over the past month. Despite a 24-hour decline of 6.56%, FET has gained 1.51% during the last seven days.
The Fetch.ai team said that the project develops “autonomous agent technology” for peer-to-peer applications with AI and automation features.
At the time of writing, FET is trading at $0.26, a decrease of 5.73% in the last 24 hours, per data from DigitalCoinPrice.
Ocean Protocol (OCEAN)
Ocean Protocol (OCEAN), a blockchain-based AI project, was trading at $0.3462, up 130% against the US dollar in the last 30 days.
The highest price ever reported for OCEAN was $1.93 on April 10, 2021. The current price is 82% less than the all-time high price of the token.
The World Economic Forum (WEF) has recognized Ocean Protocol as a technological pioneer for its ambitious plans to unleash data on a massive scale through the monetization of encrypted data.
Artificial Liquid Intelligence (ALI)
Rouning up our top 5 AI cryptos is the Alethea Artificial Liquid Intelligence Token. ALI is the native ERC-20 token that regulates, incentivizes, and rewards the diverse iNFT Protocol stakeholders.
ALI is trading at $1.83 at the time of writing, a decrease of 6.31% over the last seven days, according to data from Coinbase. In the previous 24 hours, ALI fell 9.35%.
ALI has a current market capitalization of 6,56 billion. A high market capitalization indicates that the market places a high premium on the asset.
Featured image from Cryptominded
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.