There is consensus that AI cryptos will be a game-changer in the next 10 years. These artificial intelligence digital currencies have the potential to transform the way the world operates, fast-track the development of new technology, and pave the way for new forms of social and financial networks.
AI is noteworthy due to its immediate utility and rapid adoption. As a result, more and more individuals are implementing the technology into their daily lives to assist with work and other activities.
In this article, we highlight the top 5 AI cryptos with the most potential for gains in the first week of March.
Top 5 AI Cryptos Poised To Rally This Month
SingularityNET is a decentralized AI services platform that enables developers to design, distribute, and monetize AI algorithms. On the platform, the AGIX token is used as a medium of exchange.
AGIX has maintained its positive trend since the beginning of 2023. In recent weeks, the popularity of AI-related initiatives has led to a surge in interest in the cryptocurrency.
AGIX is the top gainer among the top 100 cryptocurrencies ranked by Coingecko as of the time of writing, trading at $0.5546 and up 32.3% in the last week.
Fetch.ai is a blockchain-based artificial intelligence platform that facilitates autonomous machine-to-machine transactions and communication. The FET token is utilized for both governance and payment of AI services.
The price of Fetch.ai’s native token FET soared in response to the announcement that one of the leading AI-based cryptocurrency projects has partnered with electronics giant Bosch.
At the time of writing, FET was trading at $0.4803, up 10.4% in the last seven days. In the last 24 hours, the crypto soared nearly 9%, according to Coingecko.
Like with other AI-focused cryptocurrencies, the cryptocurrency has been on a roll this year. FET ushered in 2023 at $0.09 per coin, and its current price of $0.48 reflects an astounding 433% rise.
Numerai is a decentralized hedge fund that employs artificial intelligence to execute trades based on the predictions of tens of thousands of data scientists worldwide. The NMR token is used to incentivize and govern data scientists.
It offers machine-learning contests and incentivizes the participation of prominent data scientists by awarding NMR tokens to those with the most correct models. Numerai has paid data scientists $53 million in NMR to date.
NMR was trading at $21.54 at the time this article was written, an increase of 5.4% in the past week, according to the most recent data.
DigitalCoinPrice forecasts that the price of NMR will climb by 211% by the end of 2025, hitting $77.98. DCP reported that all technical indicators imply that the current sentiment is Neutral.
Cortex is a decentralized platform for AI that enables developers to construct and deploy AI applications on the blockchain. On the platform, the CTXC token is utilized for payments and as a medium of exchange.
At time of writing, CTXC was trading at $0.2793, up 4.3% in the last seven days. CTXS rallied nearly 4% in the last 24 hours, latest data shows.
As the price of the CTXC token increases, more developers are incentivized to join Cortex and develop a wider variety of AI models for decentralized applications.
Crypto total market cap at $1 trillion on the weekend chart | Chart: TradingView.com
Ocean Protocol (OCEAN)
Ocean Protocol is a decentralized platform for data exchange that facilitates the sharing and monetization of data without compromising privacy. The OCEAN token is utilized as a medium of trade and for platform governance.
The OCEAN price has showed excellent bullish technicals as March begins. Traders should keep a close check on the blockchain token, as the increase in volatility portends favorable positions.
OCEAN is one of the top AI-based cryptocurrencies since it can also be staked, creating liquidity for certain datasets on the market.
According to the most recent statistics, OCEAN was trading at $0.4172 at the time of writing, up over 6% in the previous 24 hours.
-Featured image by Influencive