After a brief downturn in mid-February 2023, artificial intelligence (AI) crypto assets have continued to rise over the past 30 days. Currently, of the 74 listed AI-focused cryptocurrencies, the net value of all these tokens has risen to over $4 billion, which represents 0.37% of the overall value of the crypto economy.
The majority of listed AI cryptocurrencies have posted positive gains over the last month
Artificial intelligence (AI) is the dominant theme for 2023, and as a result, AI-focused tokens have seen significant increases in value this year; Bitcoin.com News reported a rise in these cryptocurrencies at the end of January, and although there was a brief pullback in mid-February, AI crypto assets continued to see gains throughout the month.
According todatafrom cryptoslate.com, 74 AI-centric digital currencies are currently worth $4.03 billion, representing 0.37% of the total crypto market and 1.19% of the smart contract token market. Additionally, the majority of the 74 listed cryptocurrencies related to artificial intelligence experienced positive gains in the last month.
The largest AI-focused digital currency is Graph (GRT), with a current market valuation of approximately $1.42 billion; GRT has gained 70.57% against the US dollar over the past 30 days; the second largest AI-centric crypto asset Singularitynet (AGIX) has surged 132.67% this month.
Fetch.ai (FET) is up 53.21%, ocean protocol (OCEAN) is up 7.26% in 30 days, and Iexec rlc (RLC), the fifth largest AI-focused token, rose 6.29% against the USD last month. The top five AI digital currencies – Graph (GRT), Singularity.net (AGIX), fetch.AI (FET), Ocean Protocol (OCEAN), and iexec rlc (RLC) – account for $2.69 billion (67.3%) of the $4 billion AI crypto economy.
Other notable gainers in the AI digital currency market this month include alethea artificial liquid intelligence token (ALI), which gained 30.28%; phoenix global (PHB), which swelled 23.64%; and 30.47% surge (XMON), which jumped 30.47%; measurable data token (MDT), which jumped 124.97%; and singularitydao (SDAO), which increased 121.48%.
At the time of writing, 74 AI-centric digital currencies have collectively gained 3.07% against the US dollar in the past 24 hours. However, over the past seven days, the AI digital currency sector has experienced a 4.14% drop in value; the AI digital currency market’s most recent one-day trading volume was approximately $444.39 million. This figure represents 0.8% of the current global trading volume of $55.39 billion over the past 24 hours.
What are your thoughts on the continued growth of AI-focused crypto assets? Do you think these digital currencies will continue to generate significant gains? Share your views in the comments.
