Cryptocurrencies that are focused on Artificial Intelligence (AI) have shown remarkable performance in the past day, surpassing the overall crypto market. These AI-related cryptocurrencies have been gaining attention in recent months due to their significant advancements in the industry, attracting a large number of enthusiasts and investors.
In the last 24 hours, the leading AI cryptocurrencies have experienced a notable recovery. SingularityNET and Fetch.ai (FET) tokens have both seen an increase of over 6% in value during this period.
Among the top 10 largest AI-related cryptocurrencies, Akash Network (AKT) has shown the most significant growth in the past 24 hours, with a price increase of 24.2%, reaching around US$6.00. Over the course of the week, this cryptocurrency has witnessed an impressive appreciation of 44.6%.
In addition to the broader market recovery, The Graph (GRT), Golem (GLM), and Arkham (ARKM) are also attracting attention among the major AI tokens, with price increases of more than 10% in the past day.
The current market capitalization of AI cryptocurrencies stands at $27.9 billion, experiencing a growth of over 11% in the past 24 hours. In comparison, the global cryptocurrency market is currently valued at $2.44 trillion, representing a 2.4% increase during the same period.
For investors seeking potential opportunities, cryptocurrency analysis platform Santiment has identified six promising cryptos to keep an eye on. These include Render (RNDR), AIOZ Network (AIOZ), Turbo (TURBO), Cirus (CIRUS), and Deri Protocol (DERI). Santiment emphasizes the surges in the AI and Big Data sectors, noting the rapid growth of RNDR and recommending attention to AIOZ, TURBO, CIRUS, and DERI.
It is important to note that the views and opinions expressed in this article are for informational purposes only and do not constitute financial or investment advice. Investing or trading cryptocurrencies carries inherent risks of financial loss.