Tuesday, October 8, 2024

Top 5 AI Tokens to Grab On Before It Makes 10x Surge

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The post Top 5 AI Tokens to Grab On Before It Makes 10x Surge appeared first on Coinpedia Fintech News

The cryptocurrency world is rapidly evolving, and AI-driven cryptocurrencies are leading this transformation. Among the many digital assets gaining attention, five tokens stand out for their potential to revolutionize AI integration with blockchain technology. 

These tokens have the potential to experience a 10x surge in value over time, reflecting their growing importance in this space.

Top 5 AI Token To Hands-On

Internet Computer (ICP)

Internet Computer (ICP) has been one of the best-performing cryptocurrencies this week, with its price jumping by 20% and now sitting around $10.63. A major reason for ICP’s recent price increase is its new deflationary model. 

Similar to Ethereum’s move to reduce its supply, ICP has started cutting down its circulating tokens through token burns. With this deflationary effort, led by projects like Bobdotfun (BOB), investors are becoming more confident in ICP’s potential as an AI-focused blockchain.

Fetch.AI (FET)

Fetch.AI (FET) is focused on digital intelligence, aiming to lead the way in developing emerging technologies like blockchain and AI. FET, the platform’s native cryptocurrency, has risen by 25% in the past few months, and analysts predict it could gain over 100% by year’s end. 

As demand for AI integration in decentralized systems grows, FET is well-positioned for future growth.

NEAR Protocol (NEAR)

NEAR Protocol is attracting AI investors due to its solid infrastructure for supporting decentralized applications in the AI space. NEAR, the platform’s native token is primarily used for staking by validators. 

Currently trading at $4.09, NEAR has seen a 3.3% rise, with a market cap of $4.62 billion.

The Graph (GRT)

The Graph (GRT) is a blockchain-indexing protocol that uses AI to make data more accessible. Its native token, GRT, has a market cap of over $1.35 billion. After a long neutral price period, GRT recently saw a 5% rise, with a trading volume of $23.95 million.

Render Network (RENDER)

Render Network (RENDER) is another strong platform that connects creators in need of extra GPU with providers who earn RNDR tokens in exchange. Currently, RENDER is trading at $4.80, reflecting a 2.13% drop and a market cap of $2.48 billion. 

However, analysts believe that as the Render Network grows, its price could soon reach its previous all-time high of $13.6.

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