These are the top 10 AI cryptocurrencies by development activity
Santiment has ranked Oasis Network (ROSE) as the top AI cryptocurrency by development activity.
Despite an 80% price increase last month, the Artificial Superintelligence Alliance (FET) did not make the list.
The leaderboard
Artificial Intelligence (AI) cryptocurrencies have been quite the rage lately due to the rising prices of many of the tokens that encompass this niche. Crypto analytics platform Santiment recently ranked the top 10 assets in terms of monthly development activity, and below we present the results.
Oasis Network (ROSE) ranked first with a score of 85.07. Near Protocol (NEAR), the largest AI-related cryptocurrency by market cap, took second place. It is worth mentioning that the coin topped the previous ranking.
The Graph comes in third, while Oraichain (ORAI) and Bittensor (TAO) are fourth and fifth, respectively.
The rest of the AI ââcryptocurrencies in the lineup include Ocean Protocol (OCEAN), Golem (GLM), Aleph.im (ALEPH), Masa (MASA), and iExec RLC (RLC).
To conduct its research, Santiment looks at several factors, such as tracking GitHub commits and code activity to gain development insights, monitoring on-chain data, and observing social media trends to gauge community and market perceptions.
Which one is missing?
Interestingly, one of the largest AI cryptocurrencies, with a market cap of over $4 billion, did not make it onto the list. This is the Artificial Superintelligence Alliance (FET), which was formed by the merger of three major AI-related blockchain platforms: Fetch.ai, SingularityNET, and Ocean Protocol.
The assetâs price has been on a tear lately, recording an 80% increase on a monthly scale. It currently trades around $1.60 (according to data from CoinGecko), with some analysts predicting much more substantial gains in the future.
FET Price, Source: CoinGecko
Crypto Rover (a popular X user with over 800,000 followers), for example, predicted that FET could be âa great play this cycle,â seeing its price explode to as high as $10 in the coming months. Captain Faibik also weighed in, setting a medium-term target of $3.90.
The upward breakout of the descending broadening wedge of $FET has finally been confirmed. đđđČ$FET
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