- CoinGecko analysis exhibits that AI-based cash have seen a powerful 257% improve in two months.
- Bittensor (TAO) leads the market with a valuation exceeding $4.4 billion.
- Nosana was the largest gainer, rising 987.9% from $0.56 to $6.01.
CoinGecko, a distinguished crypto market monitoring platform, has delved into the latest surge in curiosity in synthetic intelligence (AI)-based cryptocurrency tokens. CoinGecko highlights that AI-based cash have seen a powerful 257% improve for the reason that begin of 2024.
Main the rise is Bittensor ( TAO ), which boasts the very best market cap within the sector at $3.85 billion as of February 29. Nevertheless, latest knowledge means that Bittensor’s market capitalization has exceeded $4.4 billion.
CoinGecko famous that Bittensor remained the main AI cryptocurrency between January and February 2024. Behind Bittensor is Render (RNDR), with a market cap of $3.03 billion as of the top of February. CoinGecko additional highlighted that the highest 5 AI cryptocurrencies have maintained their place unchanged from January and February.
Nevertheless, vital adjustments occurred outdoors the highest 5. Autonolas (OLAS), which began 2024 in sixth place with a market cap of $0.30 billion, fell to ninth place by February 29 with the identical market cap of $0.30 billion.
Based on CoinGecko, Nosana noticed essentially the most vital value improve amongst AI cryptocurrency cash in 2024. The asset elevated by 987.9% in two months from $0.56 to $6.01.
Shut behind, DeepFakeAI (FAKEAI) noticed a outstanding improve of 628.6%, from $0.0008 to $0.0069. Synesis One (SNS) secured the third place, posting a 595.4% improve from $0.016 firstly of the yr to $0.108 by the top of February.
Considerably, CoinGecko researchers noticed that the thrill surrounding AI tokens gained momentum following the launch of ChatGPT OpenAI in late 2022. They highlighted that synthetic intelligence continues to draw vital consideration, resulting in hovering market valuations.
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