Forecasting the Future Trend in AI Cryptocurrency
The future of artificial intelligence (AI) cryptocurrency is an exciting and rapidly evolving field, with numerous companies and groups working on various AI projects. These projects require funding, which is often achieved by launching their tokens on the market. This is similar to what we have seen with gaming tokens, NFT tokens, and web3.
Since Microsoft started focusing on AI, humans from all sectors have begun developing AI and incorporating it into their daily lives. With humans becoming increasingly lazy, the usage of AI has increased dramatically, with everyone wanting a personal helper who can complete tasks through voice commands. This has opened up new avenues for making money, including AI cryptocurrency.
Here are five AI cryptocurrency projects to keep an eye on:
AllianceBlock (ALBT)
ALBT Price: $0.102094
Market Cap Rank: #420
Market Cap: $46,733,199
All-Time High: $1.36
All-Time Low: $0.0362
About & Use: AllianceBlock assists the network by allowing cross-chain interoperability and providing a dashboard with data analytics and statistics. Features include liquidity mining, stacking, fundrs, DEX, bridge, and data tunnel, as well as the ability to create smart contracts without writing any code. Prominent projects such as Chainlink, Binance Lab, API, DAO maker, Elrond, and Polygon have invested in this project.
Falling from its all-time high of $1.4, this coin is currently near $0.10 and appears to be experiencing an upward trend. If it reaches its all-time high again, it could provide a return of 12x.
Fetch.ai (FET)
Fetch.ai Price: $0.279057
Market Cap Rank: #126
Market Cap: $292,813,559
All-Time High: $1.17
All-Time Low: $0.0081695
About & Use: Fetch.ai utilizes interoperable decentralized networks to enable complex tasks in AI, automation, and the digital economy. It consists of three components: agents for communication and internal interaction, a network for economic settlement, and tools for testing and fast data queries. Companies such as Coinbase, Binance, Gemini, and Bosch have invested in this project.
While this coin has experienced significant dips, it is currently near $0.27. If there is an upward trend, it may be wise to avoid it for a while and wait for a correction.
iExec RLC (RLC)
iExec RLC Price: $1.65
Market Cap Rank: #229
Market Cap: $118,691,940
All-Time High: $15.51
All-Time Low: $0.1538
About & Use: iExec offers a cloud platform for monetizing and renting computing power and data. Its four products include Web3 Marketplace, Oracle Factory, Confidential Computing, and iExec SDK. The company is focusing on the future of the internet.
RLC is a well-established coin that is known for its significant jumps whenever there is momentum. Last year, it reached a new all-time high of $16, but it has since fallen to around $1.60. Keep an eye on this coin, as a return of more than 15x is possible if it reaches its all-time high again.
Numeraire
Numeraire Price: $6.20
Market Cap Rank: #346
Market Cap: $23,907,624
All-Time High: $64.50
All-Time Low: $2.67
About & Use: Numeraire is an AI-driven platform that focuses on the creation of predictions markets, where users can make predictions on various outcomes. The platform operates on the Ethereum blockchain and uses NMR tokens as its currency. Companies such as Andreessen Horowitz, Placeholder, and Polychain have invested in this project.
Numeraire has been on a downward trend since reaching its all-time high of $64.50. Currently, it is near $6.20 and may be worth keeping an eye on. If there is an upward trend, it may be wise to invest in it for a potential return of more than 10x if it reaches its all-time high again.
In conclusion, the future trend of AI cryptocurrency looks promising, and there are many projects that are worth keeping an eye on. However, investing in any cryptocurrency is a risk, and it is important to do your own research and seek professional advice before making any decisions. With the right investment and due diligence, these AI cryptocurrency projects could potentially provide significant returns in the future.
GRT (The Graph)
GRT Price: $0.563857
Market Cap Rank: #135
Market Cap: $437,102,989
All-Time High: $2.27
All-Time Low: $0.162286
About & Use: GRT is a decentralized protocol for indexing and querying data from blockchains, enabling developers to build decentralized applications. The Graph’s token, GRT, is used to incentivize the network’s stakeholders to contribute to its growth and development.
GRT has experienced a significant drop from its all-time high of $2.27, but it remains a popular token in the decentralized finance (DeFi) community. With the DeFi market gaining more attention and traction, GRT may be a solid investment opportunity. However, it is always important to research and understand the potential risks before making any investment decisions.