Internetdator (ICP)
Internet Computer (ICP) has made a significant leap, rising from $3.22 in September 2023 to approximately $18. With its potential, it’s worth keeping an eye on.
ICP claims it can handle 80 times more transactions per second than Ethereum and provides seamless interoperability with blockchains such as Bitcoin, Ethereum, and Solana, all without intermediaries.
This multi-chain approach is heavily focused on DeFi transactions, which come with both high potential and some regulatory risks as MICA regulations approach. ICP’s unique “chain-key” signatures enable it to carry out transactions across different blockchains without the need for risky bridges.
Dominic Williams, whom I met at a blockchain conference, recently spoke about ICP’s role in AI development on this third-generation blockchain. For those intrigued by technology, ICP also offers the opportunity to create an AI assistant named ELNA.
Crypto trading can be done via Skilling with CFDs, both with and without leverage.
Nära (NEAR)
Illia Polosukhin, the co-founder of Near Protocol, previously worked at Google, leading a team on TensorFlow. Alongside his team, he co-authored the influential 2017 paper, “Attention is All You Need,” which has since become a pivotal work in AI.
Despite some setbacks, including the shutdown of the USN stablecoin, Near has earned recognition for being one of the fastest blockchains, thanks to its unique sharding technology known as Nightshade, supporting up to 100,000 transactions per second.
Initially limited in hardware wallet compatibility, Near is now fully functional, offering some of the lowest transaction fees in the industry. Near Tasks, a new service set to launch, aims to harness AI through human expertise.
Although it seems more like a testing service for new products, Near is marketing it as an AI platform because of its founder’s background.
You can trade Near through Gate IO, offering low spreads and a wide range of assets. Check out our independent review for more details.
Grafen (GRT)
The Graph (GRT) is both a cryptocurrency and a platform that provides access to blockchain data. Users can retrieve blockchain data without the need for personal servers, potentially saving significant costs.
Apps can use The Graph to create subgraphs and display data from various decentralized finance (DeFi) projects, NFTs, DAOs, and even games and cryptocurrencies.
Currently, over 40 different blockchains are supported, with more being added regularly. The Graph allows up to 100,000 free queries per month, and additional queries are priced at 4 USDT per 100,000 requests.
In November 2023, The Graph announced AI-assisted queries, after raising an additional $50 million in capital. For tech enthusiasts, Firehouse is a new fast technology developed by The Graph Foundation.
If you’re tired of reading, you can trade GRT on Gate IO, known for its competitive, low spreads.
Rendera (RNDR)
Render (RNDR) started on Ethereum and Polygon but is now shifting to the Solana network, which will become its primary platform. Render focuses on 3D rendering, particularly in video production. The token has gained popularity with artists and developers since 2023.
The Render Foundation offers a white paper for those interested. Founder Jules Urbach discussed “The Future of Rendering” at Nvidia’s AI conference in March 2024, covering topics such as real-time crypto tracking, AI, holographic displays, and blockchain.
If you’re interested in trading, create an account with Binance today!
Hämta AI (FET)
Fetch AI is one of the most AI-focused cryptocurrencies, designed to build, develop, and monetize AI applications, integrations, and services.
The company behind Fetch AI claims it can transform in-house systems into AI-ready platforms without modifying existing APIs. Some of the services offered include the AI Engine, which helps find relevant AI agents, along with search, analysis, and hosting services.
Fetch AI is available for trading on Binance and several other crypto exchanges.
Aioz Network (AIOZ)
Aioz Network (AIOZ) offers fast, secure, and decentralized computing, storage, and streaming. It can be used to train AI models, store datasets, build apps, and contribute to the future of AI development.
While the Aioz blockchain has low transaction fees, trading volumes are still low, with 10 million USD traded just yesterday. The network’s nodes are primarily based in Europe and North America, with some in Asia, while South America and other regions have minimal representation.
Aioz aims to make AI collaboration more accessible and open. Since its launch, Aioz coin has risen from 0.012 USD in October 2023 to 0.78 USD at the time of writing.
To trade AIOZ, try Gate IO today.
Humans AI (HEART)
Humans AI (HEART) is a utility token focused on AI, running on Ethereum and Osmosis blockchains. While not using its own blockchain, Humans AI operates within the “Humans ecosystem.”
The token is designed to support AI integration across 50 blockchains. The company promotes the idea that “every AI decision has a human behind it” and “proof of human” (TM) as part of their ethos.
Currently, experiments with AI NFTs are underway, and soon, it will be possible to create digital art with AI using HEART.
You can trade Humans AI on Gate IO with low spreads, and it’s also available on Kucoin, although we recommend avoiding Kucoin due to legal issues at the moment.
Other Noteworthy AI Cryptocurrencies
In addition to the coins mentioned, here are some of the biggest losers this week: Arkham (ARKM) -22%, RSS3 (RSS3) -30%, Delysium (AGI) -27%, TokenFI (TOKEN) -27%, Commune AI (AOMAI) -25%, EnqAI (ENQAI) -37%, Vectorspace AI (VXV) -20%, and Bad Idea AI (BAD) -31%.
On the other hand, here are some of the top winners: Spectre AI (SPECTRE) +136%, LimeWire (LMWR) +76%, GNY (GNY) +24%, ArkiTech (ARKI) +19%, Optimuse AI (OPTI) +8%, and Bittensor (TAO) +7.5%. Always remember to do your research and analysis before entering any cryptocurrency. Smaller coins tend to be more volatile than larger ones.
Is “AI” Enough in the Name?
Some coins simply add “AI” to their name in an attempt to attract investors, even without much real use case, such as Pepe AI and Gym AI. Only time will tell how these coins evolve.
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