Key Reason This AI Crypto Price Soared by 700%

Tau, 'ChatGPT for programmers,' sees its core cryptocurrency rallying by almost 100% in last 24 hours as rally expands.

While the euphoria around AI cryptocurrencies shows no signs of exhaustion, the majority of so-called "AI coins" are just riding the overhyped narrative. However, some of them underpin projects that attempt to streamline tech development via AI elements.

The price of Tau (AGRS), a prominent artificial intelligence project, has set a new record today, Dec. 2, 2023. The AGRS crypto price surged above $5.05 on the largest DEX Uniswap V3. AGRS is available in pairs with Ethereum (ETH) and the U.S. Dollar Tether (USDT) stablecoin.

In the last 30 days, its price surged from circa $0.5. The aggregated market capitalization of the AI cryptocurrency jumped over $90 million, making it one of the top 25 AI cryptos by market cap, as per CoinMarketCap data. Yesterday, Dec. 1, 2023, the price of AGRS demonstrated the most impressive upsurge: Its capitalization doubled in just eight hours. In the last days, the Tau platform accomplished a number of major tech development and community building milestones. On Nov. 20, it released a pre-alpha of its native parsing instrument, Tau Parser.

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