Many crypto community members are expecting active growth of crypto project tokens focused on developments in the field of artificial intelligence (AI). Investments by large companies in the AI sector fuel the interest of cryptocurrency users in such coins.
We tell you which AI cryptocurrencies the crypto community is betting on and why these particular coins, in the opinion of investors, can bring good profits to their buyers.
1. Ondo (ONDO)
Ondo (ONDO) is the token of the Ondo Foundation, a non-profit organization that aims to make financial products accessible using blockchain technology. The foundation focuses on promoting tokenized assets, managing the treasury to grow the ecosystem, and deploying smart contracts. ONDO token holders participate in the governance of the DAO and can influence protocols such as Flux Finance.
The Ondo ecosystem is backed by many large institutions, including Wall Street giant BlackRock, which launched the most successful spot Bitcoin ETF. According to Arkham, the company has invested millions of dollars in ONDO. Such giants rarely make mistakes, which means that repeating their investment moves can bring profits.
BlackRock Investments in ONDO
2. Artificial Superintelligence Alliance (FET)
Artificial Superintelligence Alliance (FET) is a cryptocurrency of the Fetch.AI project, which was launched in 2019. Its team is creating a decentralized network for autonomous AI agents. The goal is to give programmers the ability to quickly develop, deploy, and coordinate multitasking systems based on artificial intelligence on an open platform. The project's developments can be used in various fields: from DeFi trading to the creation of smart energy grids and other systems with large amounts of data.
Fetch.AI's tools are used by many large corporations, including the developer of the ChatGPT chatbot OpenAI and Meta, which is recognized as an extremist organization in the Russian Federation. Since the projects' coins often work like shares in the context of the crypto market, interest in the company from such giants can ensure the growth of FET.
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Some of the companies that have integrated Fetch.AI tools into their systems. Source: official website of the project
3. The Graph (GRT)
The Graph (GRT) is a decentralized protocol cryptocurrency for indexing and querying data from blockchain systems such as Ethereum. Any developer can use the project's tools to create and publish open APIs, so-called subgraphs. They are needed so that applications can receive the data they need to work.
The Graph simplifies access to blockchain data and creates a resilient decentralized infrastructure for Web3 applications such as Uniswap, Aave, and Decentraland. The project already supports more than 50 networks. Since its launch, the platform has processed more than 1.26 trillion requests.
The Graph tools are already used by over 75,000 projects and their number, judging by the trend, will continue to grow. The GRT token is required for calculations in the project system. Therefore, the growth of The Graph ecosystem may provoke an increase in the price of the coin.
Statistics from The Graph. Source: official website of the project
4. Render Network (RNDR)
Render Network (RNDR) is a decentralized GPU rendering platform cryptocurrency that allows artists and developers to use the power of idle graphics cards for large-scale 3D rendering. The network connects node operators who can monetize computing resources with users who need fast and cost-effective rendering.
Render Network speeds up and reduces the cost of the process through distributed computing. Therefore, the platform is suitable for creating applications and services in the digital economy. The project is supported by the non-profit organization Render Network Foundation, which is developing the protocol and community.
RNDR coins are needed to pay for services in the system. Demand for the project's tools helped the cryptocurrency enter the top 30 by capitalization. Interest in Render Network suggests that the coin of the project, which has already proven its effectiveness and taken one of the leading positions in the market, has growth potential.
RNDR Info. Source: CoinMarketCap
5. 0x0.ai (0x0)
0x0.ai is a decentralized platform that combines advanced privacy technologies, artificial intelligence, and DeFi. The project uses zero-knowledge proofs protocol to ensure user privacy and secure transactions. 100% of the platform's income is distributed among 0x0 token holders, which creates a sustainable passive income model.
As regulators dig deeper into the crypto industry, there is a growing demand among crypto community members for tools to maintain anonymity. 0x0.ai offers just such solutions. Therefore, there is a chance for significant growth for 0x0, which is the basis of the project’s ecosystem.
Screenshot of the site 0x0.ai
Let us recall that earlier the BeInCrypto editorial team told about the 10 most promising memecoins that could greatly increase in price.
