With the recent US government approval of OpenAI, Google, and Anthropic for civilian AI services, there has been a renewed interest in AI-related cryptocurrencies. Here are five notable tokens with real utility.
Render (RNDR): Leading AI Crypto Coin
Render (RNDR) powers decentralized GPU rendering. With AI models needing massive GPU power, Render’s narrative has received a significant boost. The current price of RNDR hovers around $3.54, with Fibonacci targets at $3.66, $3.86, and $4.02.
Fetch.ai (FET): Decentralized AI Solutions
Fetch.ai (FET) is key to decentralized AI tools. Following recent developments, FET is attracting attention with a price around $0.647. If it clears the $0.701 level, the path opens towards $0.779 and potentially $0.886.
Ocean Protocol (OCEAN): Data Access and Monetization
Ocean Protocol (OCEAN) offers trustless data-sharing solutions which could gain traction as government-backed AI applications grow. Currently, OCEAN is priced around $0.289, with potential targets at $0.30 and $0.317.
The new initiatives from the US government pave the way for various AI cryptocurrencies. The interest in tokens like Render, Fetch.ai, and Ocean Protocol continues to rise, highlighting their real utility in the AI sector.