- AI Cryptocurrencies are expected to see a massive recovery as crypto markets hit a bottom.
- AI Crypto Market Cap has gained 21% over the last month, compared with 7.49% for Bitcoin.
- Sector emerging as the most promising in crypto markets after RWA.
- The top 3 AI cryptocurrencies that have gained the most in the last month are Unif AI, Siren, and Artificial Superintelligence Network.
- Expectations are high on AI-allied cryptocurrencies such as Filecoin, Render, and Near Protocol, all of which provide critical AI infrastructure.
AI Coins Lead Crypto Market Recoveries
AI Cryptocurrencies saw a massive recovery in their prices despite a clear bearishness in broader crypto markets, including Bitcoin. The sector recovered 21% in the last 30 days, most of its growth happening in the last 7 days since March 10.
The growth stems from the advancement in AI in traditional markets. Since AI coins sit at the juncture of artifiical intelligence and cryptocurrency markets, they tend to benefit from the gains of both. AI provides technology for better operation whereas crypto markets offer better liquidity than traditional finance.
The resulting growth has outperformed even Bitcoin (7% up in last 30 days) and altcoins.
Top Performing Projects among AI Coins
Among the best performing cryptocurrencies that I saw in AI, these three dominate the markets in the current landscape.
- Near Protocol: NEAR gained 38% in the last 30 days. The platform provides tokenization to AI projects acting as a solid base level architecture for AI Crypto projects.
- Internet Computer Protocol: ICP has gained 12.3% in the last 30 days. It helps international data centers to host their data directly on blockchain, a critical infra-enabler for AI.
- Artificial Superintelligence Alliance: A coalition of Fetch AI, Singluarity AI and Ocean Protocol, ASI helps development of decentralized and democratized AI opposed to corporate-backed AI.
Disclaimer: AI Crypto Coins provides articles for informational purposes, and they should not be taken as financial advice. Please consult a financial advisor before acting on any of our information.
