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Top AI Crypto Coins to Invest In: Best AI Tokens and Cryptocurrencies for 2024
The top 11 AI-driven crypto coins to invest in for 2024, offering innovative solutions in AI, blockchain, and decentralized platforms.
Author by
Victor Muriki
As the world of cryptocurrency continues to evolve, a new opportunity is emerging in the realm of AI-based crypto coins.
Despite a temporary dip in Bitcoin’s price to $49,000, which caused concerns across various financial markets, the AI crypto sector remains a promising area for investors seeking long-term growth.
This dip, caused by macroeconomic uncertainties, large-scale transactions by major trading firms, and the looming U.S. Presidential election, has led to a moment of volatility in the cryptocurrency market.
However, experts suggest that these events could pave the way for a recovery, particularly in niche sectors like AI-based cryptocurrencies. Here are 11 AI-driven crypto coins to watch in 2024.
1. EarthMeta ($EMT): AI Metaverse Platform
EarthMeta stands out as a leading AI crypto project, primarily due to its unique offering in the metaverse space. Unlike other platforms that allow users to own small parcels of virtual land, EarthMeta enables users to own and manage entire virtual cities.
The platform integrates blockchain and AI, allowing users to create immersive experiences, govern cities, and engage in virtual real estate management. Recently launched in a presale with incentives for early adopters, such as bonuses and high staking rewards, EarthMeta has generated significant interest in the crypto community.
The project’s vision and technological foundation suggest substantial growth potential, making it a key player in the AI crypto market.
2. Fetch.ai ($FET): Autonomous Agent Economy
Fetch.ai is a decentralized platform that creates an autonomous “agent” economy powered by AI. These agents are designed to perform various tasks, such as data exchange and energy grid management.
A notable development for Fetch.ai in 2024 is its merger with SingularityNET and Ocean Protocol to form the Artificial Superintelligence (ASI) Alliance. This strategic alliance will combine their respective strengths, accelerating the development of decentralized AI services.
The FET token, along with AGIX and OCEAN, will merge into a new ASI token, positioning the alliance among the top 20 cryptocurrencies by market capitalization.
3. SingularityNET ($AGIX): Decentralized AI Services
SingularityNET offers a decentralized marketplace for AI services, allowing developers to share and monetize AI algorithms. Founded by AI expert Dr. Ben Goertzel, the platform recently secured a $53 million investment to enhance its artificial general intelligence (AGI) capabilities.
This funding will be used to build high-performance computing (HPC) data centers and develop a modular supercomputer, improving the platform’s ability to train deep neural networks and AI models. SingularityNET’s AGIX token serves as the medium for transactions on the platform, incentivizing participation and collaboration in the AI ecosystem.
4. Ocean Protocol ($OCEAN): Decentralized Data Economy
Ocean Protocol enables secure and transparent data sharing between providers and consumers, using blockchain technology to ensure that data providers retain control over their assets.
To make its predictions, anyone can sign up for Data Farming (DF) Round 101, which Ocean Protocol recently released to share OCEAN tokens with participants who give correct predictions on its AI trading floor. This initiative demonstrates how the platform plans to promote the data economy to enable the sharing of data, social and financial value and return on contribution.
Frequent changes into the pricing structure of token do not appear to have threatened Ocean Protocol’s trading volumes and new business prospects.
5. Cortex ($CTXC): AI-Integrated Blockchain Platform
Cortex is a blockchain platform that integrates AI models with smart contracts, enabling decentralized AI execution. Its Layer-2 roll-up solution, ZkMatrix, uses zkRollup technology to improve scalability and reduce transaction costs.
This innovation enhances Cortex’s ability to support decentralized applications (dApps) and AI models. Cortex’s unique combination of AI and blockchain technology has positioned it as a key player in the decentralized AI market, with applications spanning multiple industries, including threat detection and automation.
6. The Graph ($GRT): Decentralized Data Indexing
The Graph is a decentralized protocol designed to index and query blockchain data, making it easier for developers to build decentralized applications (dApps). In 2024, The Graph secured $50 million in funding through a strategic sale of GRT tokens.
This funding will support the protocol’s development and efforts to decentralize Web3 infrastructure. The project’s focus on verifiable data indexing and querying is expected to increase its utility within the blockchain ecosystem.
7. Render Token ($RENDER): Distributed GPU Network
Render Token (RENDER) is a decentralized network that leverages unused GPU power to perform complex rendering tasks. The platform facilitates high-performance computing for industries such as visual effects and augmented reality.
Recently, the platform completed a token swap from RNDR to RENDER on Binance, simplifying its market presence. This move aligns with Render’s broader goal of democratizing access to GPU computing resources for a wide range of applications.
8. Bittensor ($TAO): Decentralized AI Marketplace
Bittensor is an open-source network designed to create a global marketplace for AI. The platform’s decentralized model allows specialized neural networks to collaborate and solve complex problems, such as predictive modeling for stock markets.
Bittensor’s TAO token recently experienced a price surge, reflecting growing interest in its approach to decentralized AI development. The platform’s resilience was tested in July 2024 when a security breach occurred, but it quickly recovered, demonstrating its commitment to security.
9. Theta Network ($THETA): Decentralized Video Delivery
Theta Network implements decentralized peer-to-peer technology infrastructure for improving the quality of the video stream and cutting expenses. Theta also provides a better solution to deliver video since it share users bandwidth and resources among them.
The platform is also growing its features organically through efforts like Theta EdgeCloud, which is an edge and cloud computing hybrid designed for superior video and artificial intelligence use. These development are expected to bring more users and businesses to the network and hence expand the market , of the network.
10. Arkham ($ARKM): Blockchain Intelligence
Arkham provides AI-powered blockchain intelligence and data analytics. The platform aggregates data from multiple blockchains to offer insights into crypto activities, making it useful for investors, regulators, and institutions.
Despite concerns about privacy, Arkham emphasizes its commitment to transparency by ensuring that all data is sourced from verifiable blockchain information. The platform’s unique approach to on-chain analytics continues to draw attention from both private and public sectors.
11. Aethir ($ATH): Decentralized Cloud Infrastructure
What Aethir provides is decentralized cloud computing for Machine Learning and Gaming using GPUs extending the computational resources as a network. However, the comfort of having the decentralized mainnet and staking services gives the users an opportunity to earn the rewards for supporting the platform’s network.
Similarly, Aethir’s has the EcoDrop program, which involve airdrops to encourage adoption of its products within the decentralized infrastructure sector.
In conclusion, we can specify that AI based cryptocurrencies are a developing opportunity in the sphere of blockchain and artificial intelligence. The details give each of these 11 coins small differences and some opportunity to grow, making them crucial players to consider in 2024.
Based on these projects, future investors who focus on exploring the relationship between artificial intelligence and cryptocurrency can find these new projects more attractive as they gradually develop and become more incorporated into the current digital environment.
Victor Muriki is an esteemed writer focused on cryptocurrency and finance, holding a Bachelor's in Actuarial Science. Known for his sharp analysis and insightful content, he has a strong command of English and is skilled at conducting in-depth research and ensuring timely delivery.
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