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There is no doubt that the future of AI tokens in 2024 will be dramatic because of expansion and innovation. Fueling this charge forward will be leaders like the top 10 AI tokens, NEAR and Render, in further creating streamlined technologies for decentralized applications aimed at shifting the paradigm of industries.
Token coins are physical coins used as a means of exchange. Often fabricated from metals or other hard materials, they bear a face value and are issued by either the government or private companies for the vending of machines, public transport, or playing video games in an arcade.
Coming to the AI tokens they symbolize the very best that AI is integrating into blockchain; from data privacy and decentralized finance to machine learning and AI-driven smart contracts, these tokens represent solutions on most global wish lists. The tokens will be instrumental in raising growth and potential returns that will attract investors and developers in this emerging AI sector in search of opportunities.
NEAR Protocol is among the top 10 AI tokens in 2024. It provides the strongest infrastructure for decentralized applications—dApps. Its market capitalization stands higher than that of its peers, at US$5.83 billion, at the price of US$5.25. With its scalability and friendly environment for developers, NEAR Protocol is more than it requires to be replied to with an AI project performing at high speed and low-cost transactions necessary for data processing at breakneck speeds and secure handling.
NEAR increases scalability for AI-related transactions, using sharding in consensus. Assuring data privacy by integrating secure multi-party computation and homomorphic encryption, it heads to the top list of any decentralized AI computation.
Render Token is another among the top 10 AI tokens, priced at US$7.51, has a market capitalization of US$2.93 billion, and provides decentralized rendering solutions through a network that is GPU-based. RNDR is positioning itself to become some of the most disruptive to digital creation by powering the world's GPU capacity with blockchain for secure and efficient access. RNDR has had huge swings, up 58.9 percent YTD, and recent price action shows potential growth if certain resistance levels are broken.
The Graph Token comes with a decentralized protocol in cryptocurrencies for blockchain data indexing; this is critical to the efficiency of query processing across networks such as Ethereum and Filecoin. Priced at $0.22, it has been mapped at a market capitalization of $2.1 billion, where GRT decentralizes Web3, organizes blockchain data into accessible subgraphs with AI, and has lately shown weaknesses in price. Hence it is another of the top 10 AI tokens look for in 2024.
Injective, trading at US$7.96 with a market capitalization of US$666 million, is a chain designed for decentralized finance applications that incorporates artificial intelligence for predictive trading across Ethereum and non-EVM chains. While recently trending bearish, the coin shows recovery signs as it looks to break past important resistance levels to hold a sustained bull run.
Fetch.ai deploys AI and ML to empower autonomous agents on a decentralized ledger at a price of US$1.72 against its US$1.41 billion market capitalization. FET saw some recent volatility, but it has actually been halting the drop and may recover to hit previous key resistance levels, which would trigger a continuation in upside momentum within AI-driven digital economies.
SingularityNET, trading at US$0.69 with a US$895,000,000 market capitalization, is simply a decentralized marketplace for the trading of artificial intelligence services using its digital token, AGIX. Off the bear trend, AGIX has managed to record patchy rallies so far; hence, it might get ready to pop up above the key moving averages, returning investors' interest.
Oasis Network is a fiat-enabled, open-source platform powered by ROSE. At the moment, ROSE trades at US$0.081854, with a market capitalization of US$549.53 million. On its part, Oasis Network is a layer 1 blockchain that allows the development of decentralized applications in open finance, where user privacy and data fairness are at the helm. It has a specially designed proof-of-stake consensus algorithm that separates consensus and smart contract execution, providing very low-cost, privacy-centric apps.
Since early 2023, Oasis has been working with industry leaders in AI, like Meta, on developing the framework necessary for ‘Responsible AI’ that ensures developments of AI conform to the tenets of privacy, fairness, and transparency. Hence, is considered among the top AI tokens that one can invest in.
Ocean Protocol is among the best AI tokens that is building an interoperable decentralized data exchange protocol empowering the AI ecosystem and uses the OCEAN token to function on Ethereum. OCEAN currently faces a price of US$0.512774. It is an autonomous, decentralized data exchange protocol that spotlights the ability of users to trade datasets and data-based services, for instance, in a decentralized marketplace where fair pricing will be ensured. At the same time, users would be able to get access to previously inaccessible datasets. OCEAN is the utility token for data trading, governance, and staking processes within the protocol.
Filecoin uses the token FIL to provide decentralized data storage. The price of FIL is US$4.02 with a market capitalization of US$2.29 billion. It represents a peer-to-peer marketplace for securely storing and retrieving files in the decentralized cloud. Although focused on data storing, Filecoin supports the AI economy with an open and secure platform to store AI data sets, hence democratizing AI applications.
Chainlink is an Oracle decentralized network linked with the largest token, LINK. LINK is priced at US$12.72, with a market capitalization of US$7.73 billion. Through the network, blockchains and external data sources communicate; it provides interchain operability and AI support. Chainlink's oracle system lets blockchain platforms reliably hook into AI datasets and off-chain data integral for AI-driven applications.
Bittensor is about the decentralized marketplace for AI intelligence, revolving around how machine learning can be changed with the TAO token. TAO more than triples at US$253.63 after the initial US$1.79 billion. That's a protocol that will enable peer-to-peer sharing and growth in machine intelligence and thus build a decentralized network for it. Theirs is to enjoined commoditizing machine intelligence so that becomes universally accessible and creates innovation across all use cases of AI.
Cortex, with its token CTXC, is an AI-infused blockchain platform. At the moment, the price of CTXC is US$0.168658, while the market capitalization is US$37.48 million. As designed, the platform helps in the integration of AI models in smart contracts and decentralized applications that seek to democratize AI on the blockchain. It enables developers to deploy and execute AI models directly on the blockchain itself, securing a wide gamut of possibilities for intelligent apps and further smart contract functionality.
As far ahead as 2024, there seems a potential for AI tokens to disrupt traditional industries with innovation. Their state-of-the-art technologies and decentralized frameworks really lead the way, especially regarding the AI crypto tokens—NEAR and Render. From the areas of better data privacy and allowing decentralized finance to the infusion of AI into blockchain environments, these tokens are bound to explode in value and utility. These top 10 AI tokens are something that every investor aiming to get into the space or anybody hoping for what the future has in store as far as AI-driven technologies go needs to give close attention to.
AI tokens are cryptocurrencies designed to facilitate AI-related transactions, data handling, and integration within blockchain networks.
In 2024, AI tokens are crucial as they enable decentralized AI applications, enhance data privacy, and support innovative AI-driven solutions across various industries.
The top 10 AI tokens for 2024 include NEAR, Render, Ocean Protocol, Filecoin, Chainlink, Bittensor, Cortex, and others leading in AI innovation.
To invest in AI tokens, you can purchase them on cryptocurrency exchanges where they are listed. It's essential to research each token's use case, market trends, and potential for growth.
Factors such as advancements in AI technology, increased adoption of blockchain solutions, and growing demand for decentralized applications drive the growth of AI tokens in 2024.
AI tokens offer potential benefits such as higher liquidity, transparency through blockchain technology, and opportunities to participate in emerging AI-driven markets and applications.
AI tokens can revolutionize industries by improving efficiency, enhancing data security, enabling new business models in finance, healthcare, logistics, and more, through AI-powered solutions.
Investors should consider factors such as tokenomics, team expertise, market demand, regulatory environment, and technological advancements when evaluating AI tokens for investment.
AI tokens leverage blockchain technology to facilitate decentralized AI applications and transactions, offering advantages in transparency, security, and accessibility compared to traditional AI technologies.
By 2024, the AI token market is expected to witness continued growth in adoption, innovation in AI-driven applications, regulatory developments, and strategic partnerships driving further expansion and integration of AI technologies.
