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After a brief dip in mid-February 2023, artificial intelligence (AI) cryptoassets have continued to see gains over the past 30 days. Currently, out of 74 listed AI-focused cryptocurrencies, the net worth of all these tokens has risen to more than $4 billion, which accounts for 0.37% of the entire crypto-economy’s value.
Artificial intelligence (AI) has been a dominant theme in 2023, resulting in a significant increase in the value of AI-focused tokens this year. Bitcoin.com News reported on the rise of these cryptocurrencies in late January, and despite a brief pullback in mid-February, AI cryptoassets have continued to see gains throughout the month.
According to data from cryptoslate.com, 74 AI-centric digital currencies are now worth $4.03 billion, accounting for 0.37% of the total crypto market and 1.19% of the smart contract token market. Moreover, the majority of the 74 listed cryptocurrencies related to artificial intelligence have experienced positive gains in the past month.
The largest of the AI-focused digital currencies is graph (GRT), with a current market cap of approximately $1.42 billion. GRT has traded up 70.57% against the US dollar in the last 30 days. Singularitynet (AGIX), the second largest AI-centric crypto-asset, is up 132.67% this month.
Fetch.ai (FET) is up 53.21% and ocean protocol (OCEAN) is up 7.26% in the 30-day period. Iexec rlc (RLC), the fifth largest AI-focused token, gained 6.29% against the US dollar last month. The top five AI digital currencies, namely graph (GRT), singularitynet (AGIX), fetch.ai (FET), ocean protocol (OCEAN) and iexec rlc (RLC), account for $2.69 billion, or 67.3 %, of AI. -The crypto economy’s $4 billion.
Other notable winners in the AI digital currency market this month include the alethea artificial liquid intelligence (ALI) token, which surged 30.28%; phoenix global (PHB), which swelled by 23.64%; xmon (XMON), which jumped 30.47%; measurable data token (MDT), which increased by 124.97%; and singularity dao (SDAO), increased by 121.48%.
At the time of writing, the 74 AI-centric digital currencies have collectively risen 3.07% against the US dollar in the last 24 hours. However, over the past seven days, the artificial intelligence digital currency sector has experienced a decrease in value of 4.14%. Trading volume for the AI currency market in the last day was approximately $444.39 million. This figure represents 0.8% of today’s global trading volume of $55.39 billion in the last 24 hours.
What are your thoughts on the continued growth of AI-focused cryptoassets? Do you think these digital currencies will continue to see significant gains in the future? Share your opinions in the comments section below.
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