AI token prices have surged after the launch of GPT-4, a new model for ChatGPT that brings several improvements

ChatGPT continues to dominate the tech world, with OpenAI announcing that it has released GPT-4, a new model that brings many improvements. The startup says GPT-4 is more powerful than its predecessor, GPT-3.5, as it offers better reliability, creativity, and handling of subtle instructions.

OpenAI launches GPT-4

New features that the new model will offer include the ability to understand images. For example, a user can pass in an image containing multiple ingredients, and the AI ​​will respond with dishes that might use those ingredients. ChatGPT will also have a "better memory" and can handle up to 25,000 words.

Microsoft’s $10 billion investment in OpenAI is the talk of the tech world, and many rival companies have started their own AI projects. Of course, some challenges and pitfalls remain, but that hasn’t stopped millions of users from flocking to the ChatGPT app.

Teachers warn against using ChatGPT, especially because the model has proven itself to be extremely capable on several different types of exams.

Artificial intelligence has been steadily rising in importance over the years, but 2023 is shaping up to be one of the most critical years yet. The crypto industry has taken notice, with several projects also showing growth since the beginning of the year. Conor Grogan of Coinbase also tested the application, inputting a smart contract — and the application pointed out the vulnerability.

CryptoGPT usage ChatGPT Mania

ChatGPT is one of the hottest stories of 2023, and the new model will surely only increase the popularity of the application. Some crypto projects have even begun to take advantage of this phenomenon, most notably CryptoGPT.

The project describes its platform as a ZK Layer-2 that allows users to monetize their AI data and “turn every task of daily life into a revenue stream.” These daily elements include fitness, dating, gaming, and education. The token has experienced significant growth in the past few days, up 1,703% since its listing.

AI token prices surge

Not surprisingly, several AI-focused projects saw their tokens soar in value after the news broke. These tokens have been on the market for years, but the success of ChatGPT has given them a second life.

The most successful tokens include The Graph (GRT), SingularityNET (AGIX), Render Token (RNDR), Fetch.ai (FET), and Oasis Network (ROSE). Almost all of these tokens have experienced double-digit price increases, with AGIX up as much as 36% in the past 24 hours.

The growth is not limited to the last day, as they have experienced steady growth over the last week. Regardless, AI Tokens appear to be experiencing a breakout period at the moment.