|
|
Since the release of OpenAI's ChatGPT at the end of 2022, artificial intelligence (AI) has become a sensation, leading to astronomical valuations of AI companies and a surge in the prices of AI-related stocks. Subsequently, this fervor has extended to cryptocurrencies in the AI sector, causing prices to soar across the board.
What is the highest market capitalization AI cryptocurrency?
The AI cryptocurrency with the highest market capitalization is Bittensor (TAO), with a market cap of $3.85 billion as of February 29, 2024. Following closely is Render (RNDR) with a market cap of $3.03 billion, and Fetch.ai (FET) holds the third position with a market size of $1.41 billion.
Bittensor unquestionably maintains its top position.
Bittensor is a decentralized machine learning protocol supported by the TAO token and has remained the largest AI cryptocurrency during January and February 2024. As of February 29, 2024, its market capitalization is $3.85 billion, surpassing Render by $820 million ($30.3 billion). The rankings of the top five AI cryptocurrencies have seen no changes in the first two months of this year. However, significant changes have occurred beyond the top five. Autonolas (OLAS), which ranked sixth in market capitalization with $3 billion at the beginning of 2024, fell to the ninth position by February 29, with a market cap of $300 million. Despite its market cap increasing by $4.07 million, it was surpassed by other AI coins. Nosana (NOS) experienced the most significant increase in ranking, moving from ninth place at the beginning of 2024 to seventh by the end of February. Its market cap rose from $50 million to $510 million, an increase of $460 million.
Which AI cryptocurrencies have the highest price increases?
In 2024, Nosana experienced the highest price increase among AI coins, with a surge of 987.9%, rising from $0.56 to $6.01 within two months. Following closely is DeepFakeAI (FAKEAI) with a surge of 628.6%, increasing from $0.0008 to $0.0069. Synesis One (SNS) ranks third with an increase of 595.4%, rising from $0.016 at the beginning of the year to $0.108 by the end of February. However, overall, AI cryptocurrencies averaged a 257.2% increase from January 1 to February 29, 2024.
In terms of market capitalization growth, Bittensor leads with an increase of $2.22 billion, followed by Render with an increase of $1.2 billion. SingularityNET (AGIX) holds the third position, with a market cap increase of $510 million, reaching $930 million since the beginning of 2024. Although Nosana achieved the highest percentage increase in price, its market cap increased by only $450 million, ranking fifth behind Akash Network's $510 million.
OpenAI's Sora announcement boosts AI cryptocurrency prices.
After the release of OpenAI's Sora text-to-video model, the average price of AI cryptocurrencies increased by 151.0%. DeepFakeAI, as the largest beneficiary of OpenAI's latest product, successfully reversed its decline, jumping from -31.4% on February 17 to 628.6% on February 29.
Changes in the ranking of AI cryptocurrencies
Changes in the ranking of AI cryptocurrencies based on market capitalization from January 1 to February 29, 2024. |
|
Post time 15-3-2024 21:51:44