Global AI Token Market Shows Sharp Growth

user avatar

by Giorgi Kostiuk

2 years ago

The cryptocurrency market, led by artificial intelligence tokens, has seen a significant increase in market value, reaching $16.8 billion in just 24 hours.

Growth of AI Token Market Value

According to CoinMarketCap, the market value of AI tokens has reached $16.8 billion, up 22.3% from the previous day. This indicates growing interest and confidence in AI-focused blockchain projects.

Leading Tokens and Their Performance

Leading the growth is Virtuals Protocol (VIRTUAL), which saw a 22.5% increase, reaching $4.93. Its market cap stands at $4.9 billion with a trading volume of $805 million. Other notable tokens such as ai16z (A16Z) rose by 25% to $2.42, while the Artificial Superintelligence Alliance (FET) saw a 12% increase to $1.40.

Promising AI Tokens

Emerging AI tokens are also gaining attention. Cove Quant skyrocketed by 166% to $0.001913, nearing a market cap of $1.5 million. ZARA AI experienced a 153% rise to $0.0149, while Intellika AI (INTAI) surpassed the $1 million market cap with a 113.9% gain.

The AI token market is experiencing sustainable growth, reflected in increased market capitalization and trading activity, potentially indicating growing interest and trust in AI-based technologies.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Federal Reserve Pauses Interest Rate Hike for Upcoming FOMC Meeting

The Federal Reserve is not expected to raise interest rates at the upcoming FOMC meeting, as indicated by recent forecasts and comments from Fed officials.

user avatarMaria Fernandez

Citigroup Increases Price Targets for Bitcoin and Ethereum

Citigroup has raised its 12-month price targets for Bitcoin to $113,000 and for Ethereum to $3,028, citing stronger activity in crypto markets and ETF inflows.

user avatarGustavo Mendoza

TopNod Introduces Axil Pot APT for Enhanced Onchain Yield Management

TopNod has launched Axil Pot APT, a new onchain yield vault that allows users to earn an estimated 8% APY while maintaining instant liquidity.

user avatarRajesh Kumar

MEXC Expands Guardian Fund with Additional 1,000 BTC

MEXC has added another 1,000 BTC to its Guardian Fund, marking the second major allocation this year.

user avatarMiguel Rodriguez

HANetf and HSBC Launch First GBP EUR-Hedged Bitcoin Products

HANetf and HSBC have announced the launch of the first GBP EUR-hedged Bitcoin products, marking a significant development in the digital asset ecosystem.

user avatarLuis Flores

Goldman Sachs Integrates $100 Billion Treasury Fund with Crypto Institutional Frameworks

Goldman Sachs has announced the integration of its $100 billion Treasury Fund with crypto institutional frameworks, marking a significant development in the digital asset ecosystem.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.