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AI-related tokens outperform the broader cryptocurrency market.

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Major artificial intelligence-related tokens have rallied in the past 24 hours, along with native cryptocurrencies related to SingularityNET. and Fetch.ai FETs

+5.91%
They recorded profits of more than 6% and 5%, respectively. The latter, which uses AI and machine learning to automate business tasks, has seen an increase of more than 15% over the past month.

AI token market capitalization is $27.7 billion, up more than 10% in the last 24 hours, according to CoinGecko data. In contrast, the global cryptocurrency market cap today stands at $2.45 trillion, up 2.6% in the last 24 hours.

Among the top ten tokens, only one AI-related token experienced a slight retracement. Among the top 10 AI tokens, all others rose. native token set up RNDR

+9.56%
A decentralized platform that gives artists access to computing power for rendering generative AI artwork, up more than 7% in the last 24 hours.

Participating in the daily rally of AI-related tokens is let’s go

+4.61%
. The price has risen 4% over the past day and is currently trading at $0.85. The price of AIOZ has risen 30% in the last 7 days.

4 AI tokens record double-digit rise in 24 hours

The GM 30 index, which represents the top 30 cryptocurrencies, rose 2.79% to 131.92 over the past 24 hours.

According to CoinGecko data, Bitcoin dominance is 50.6% and Ether dominance is 14.9%.


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© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Brian McGleenon is a UK markets reporter for The Block. He has worked as a financial journalist and producer for several news outlets such as Fuji Television, The Independent, Yahoo Finance, The Evening Standard and The Daily Express over the years. Brian is also a screenwriter and producer with one feature film and one in development at Northern Ireland Screen. In addition to web3 and cryptocurrency development, he is also interested in geopolitics, environmental issues, artificial intelligence, and longevity studies. Contact us via email (email protected).

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