AI-related tokens outperform wider crypto market | Headlines | News | CoinMarketCap
05/10/2024 16:49
Major artificial intelligence-related tokens have rallied in the past 24 hours, with the native cryptocurrencies associated with SingularityNET…
Major artificial intelligence-related tokens have rallied in the past 24 hours, with the native cryptocurrencies associated with SingularityNET and Fetch.ai posting gains of over 6% and 5%, respectively. The latter, which utilizes AI and machine learning to automate business tasks, has seen a rally of over 15% over the past month.
According to CoinGecko data, the AI token market cap stands at $27.7 billion — an increase of over 10% in the past 24 hours. In contrast, today's global cryptocurrency market cap stands at $2.45 trillion — a 2.6% increase in the last 24 hours.
Only one AI-related token out of the top ten has experienced a slight retracement. All other offerings among the top ten AI tokens have rallied, including the native token of Render, a decentralized …