Artificial Intelligence (AI) tokens that are native tokens of AI projects are doing exceptionally well this year. ChatGPT's extreme and quick popularity has helped other AI projects gain the attention of most investors. The benefits of AI are also being recognized by the public which is increasing the demand for them. Big companies like Google and Microsoft are also pouring millions in these projects which is making the AI industry worth looking at.
Among the AI tokens that are gaining from the current trend are SingularityNET’s AGIX and Fetch.ai' FET. The coins rallied significantly since the start on 2023 and they are not showing any signs of cooling down.
SingularityNET (AGIX)
SingularityNET is a blockchain based AI marketplace where users can create, share, and monetize AI projects. The platform was first founded by Dr. Ben Goertzel, Dr. David Hanson and Simone Giacomelli and launched in 2017. SingularityNET was the first to create globally available platforms where developers can showcase there AI tools and users can test and acquire them for their desired needs.
SingularityNET has its own native token, AGIX. It has an all-time high price of $0.950230 and an all-time low price of $0.00747159. The token is ranked around #74 based on its market cap.
AGIX's price in the last 30 days
AGIX exploded in 2023 and if we see the price movement of just the last 30 days, the token increased by a whopping 885%. The price of AGIX is still expected to continue with its growth.
Fetch.ai (FET)
Fetch.ai is a Binance-based blockchain that was founded by Toby Simpson, Humayun Sheikh and Thomas Hain in 2017. The platform provides a decentralized machine learning network where developers can create and deploy their projects.
Fetch.ai has its own native token called FET. The token has an all-time high price of $1.17 and an all-time low price of $0.00816959. It is currently ranked around #87 based on its market cap.
FET's price in the last 30 days
In the last 30 days FET gained a resounding 247%. Its current price is around $0.55 and it is definitely catching the eyes of most investors.
Final Thoughts
Google's announcement to invest $400 million on the AI startup, Anthropic AI and Microsoft's huge investment on OpenAI has made AI projects very desirable among crypto investors. Prices of native tokens of good AI projects has shown substantial gains in 2023 and I think these gains will continue for few months.
So what are your thoughts?...... Let me know in the comment section.
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Disclaimer
I am not a financial advisor. The information found here are for educational purposes and cite my personal opinion.
