Top 5 Artificial Intelligence (AI) Crypto Tokens by Market Cap: Exploring the Potential of AI-Backed Cryptocurrencies
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Want to explore the best AI Crypto tokens in the market?
The world of Artificial Intelligence (AI) has been rapidly evolving in recent years, creating a new wave of possibilities for businesses and consumers alike. AI tokens are one such development that seeks to capitalize on the potential of this exciting new technology. Artificial Intelligence tokens are digital assets that aim to simplify and facilitate the use of AI services, providing users with easier access to these powerful tools.
What are Artificial Intelligence Tokens?
Artificial Intelligence Crypto tokens are cryptocurrencies that are designed to enhance AI-related projects, apps, and services.
Top 5 Artificial Intelligence (AI) Crypto Tokens by Market Cap
- Render RNDR
- SingularityNET AGIX
- Fetch.ai FET
- Ocean Protocol OCEAN
- inSure DeFi SURE
1. RENDER RNDR
Market Cap: $808,211,791
Circulating Supply: 363,911,539
24-Hour Trading Vol: $138,974,703
Total Supply: 531,016,083
The Render Network is the leading provider of decentralized GPU-based rendering solutions founded by Jules Urbach in 2016. Render Token (RNDR) will make the process of rendering and streaming intricate virtual works easier for all users. It will allow complex GPU-based render jobs to be distributed and processed on a peer-to-peer network, making the transactional process of rendering and streaming 3D environments, models, and objects much simpler for end users. RNDR is backed by the parent company OTOY.
Render token is an ERC-20 utility token built on the Ethereum blockchain. The current value of RNDR at the time of writing is $2.22 with an increase of 3.81% in 24h.
2. SingularityNET AGIX
Market Cap: $385,097,777
Circulating Supply:1,214,421,357
24-hour Trading Vol:$43,187,715
Total Supply: 1,282,847,949
SingularityNET is the world’s leading decentralized blockchain AI marketplace. Users can earn by staking tokens and bridge allows users to transfer their tokens across supported blockchains like Ethereum and Cardano.
AGIX is a utility token to make transactions, voting and Governance. Users can browse, test and purchase a huge variety of Artificial Intelligence services using AGIX. Moreover, the AI developers can publish and sell their AI tools and track their performance.
The current price of AGIX at the time of writing is $0.3168 with an increase of 3.13% in 24h.
3. Fetch.ai FET
Market Cap: $339,718,673
Circulating Supply: 1,043,462,805
24-hour Trading Vol:$54,380,714
Total Supply: 1,152,997,575
Fetch.ai helps users to build, deploy and connect smart agents to automate web3 systems and reinvent business models. FET allows users to stake their tokens.
FET is available on centralized exchanges like Coinbase, Binance, Kucoin, Crypto.com, Kraken, and eToro. FET is also available on many decentralized exchanges.
The current price of FET at the time of writing is $0.3219 with an increase of 3.35 in the last 24 hours.
Related: Top 5 Decentralized exchanges
4. Ocean Protocol OCEAN
Market Cap: $155,452,927
Circulating Supply: 434,026,836
24-hour Trading Vol:$16,104,511
Total Supply: 613,099,141
Ocean protocol is a decentralized market that allows users to publish, discover and consume data. It helps data publishers to publish their data and monetize it and consumers can access data without any restrictions. OCEAN is a utility token that is used for governance and staking.
Tokenomics
Token Type: ERC20
Available Tokens: 32, 000,000
The circulating supply will be allotted 20% to founders, 15% to Acquirors, 5% to the fundation and 60% to keepers.
The current price of OCEAN is $0.3578 with a 24h rise of 2.35%.
5. inSure DeFi SURE
Market Cap: $154,508,254
Circulating Supply: 26,464,285,452
24-hour Trading Vol: $3,343,807
Total Supply: 88,000,000,000
Insure is a community-based crypto portfolio/ DeFi Insurance system. inSure decentralized DeFi Ecosystem aims to provide stability in the crypto Industry by protecting investors from scams, stolen funds, and drastic devaluations of crypto portfolios.
To insure their crypto portfolio, users need to purchase SURE tokens from exchanges like Pancakeswap v3, PancakeSwap v2, or Hotbit. Then they need to enable coverage from the dashboard, and Insurance will be activated after seven days of contributing SURE to the community vault.
Users can also stake SURE on DEXs by contributing to the liquidity pool.
The current price of SURE at the time of writing is $0.005591, trading with a dip of 2.76%.
Conclusion
With AI technology continuing to develop at an unprecedented rate, investing in Artificial Intelligence tokens could be a smart move that not only yields significant returns but also contributes to the advancement of this rapidly evolving field.
However, it is important to conduct thorough research and exercise caution when investing in any emerging technology. As we move towards a more automated future, AI tokens have the potential to revolutionize industries and change the way we live our lives.
