10.3 C
Manchester
April 21, 2024
BTC Hunts
Image default
Altcoin

Exploring 10 AI-based Crypto Projects with Potential for Massive Profits

The post Exploring 10 AI-based Crypto Projects with Potential for Massive Profits appeared first on Coinpedia Fintech News

The rise of artificial intelligence (AI) cryptocurrency projects has attracted massive investments from institutional and retail traders. According to market data from Coingecko, the artificial intelligence (AI) market cap, today stands around $2 billion, up 7.7 percent in the past 24 hours. With a 24-hour trading volume of about $596,947,169, the artificial intelligence (AI) tokens are expected to take center stage in the altcoin bull run.

The Rise Of AI

Moreover, the launch of OpenAI’s ChatGPT and Google AI has significantly accelerated the demand and attention to artificial intelligence technology. The use of AI technology in collaboration with the human brain is expected to increase work output in most tech-based organizations significantly. As a result, AI-powered digital assets have gained significant traction despite the multi-month bear market.

Top 10 AI Crypto Projects by ROI

According to aggregate market data from the CryptoRank platform, the CryptoGPT AI project has recorded the highest return on investment at current prices. Reportedly, CryptoGPT has a current return on investment since the token sale of about 17.78X. Worth noting, this project has an ATH ROI of about 29.37X.

The SungularityNET (AGIX) has attracted the most crypto traders’ attention, with its trading volume up 79 percent in the past 24 hours to approximately $314 million. Trading around $0.504 on Thursday, AGIX has a reported ATH ROI of approximately 18.59X. However, the token is currently up approximately 4.91X at today’s prices.

Notably, SingularityNET is an upcoming blockchain-powered platform that allows anybody to easily create, share, and monetize AI services through its globally-accessible AI marketplace.

The Fetchai (FET) protocol, an artificial intelligence (AI) lab building an open, permissionless, decentralized machine learning network with a crypto economy, has gained massive traction since its launch in 2017.  According to Cryptorank, FET has a current ROI of 4.52X and an ATH ROI of 13.32X.

Related posts

Crypto Market Analysis: What’s In Store For Bitcoin and Altcoins in September

Leslie Kim

Shiba Inu Death Cross On Horizon – SHIB Price Might Hit Low Levels in Coming Weeks

Leslie Kim

XRP Price Prediction: Analyst Predicts $10 in 3-4 Months – Here’s Why

Leslie Kim