In 2024, the United States emerged as the frontrunner in increased interest in artificial intelligence tokens, capturing nearly a 19% share of the total global interest. According to a report by CoinGecko titled "15 Countries Leading the AI Cryptocurrency Narrative in 2024," the United Kingdom ranked second with a 9% share, followed by Turkey with 6.5%. It is also noteworthy that these countries already dominated the popularity of meme coins in 2023.
Countries like India, Australia, Canada, and the Philippines maintained their prominent position in the cryptocurrency narrative, reflecting their stance from the meme coin trend and indicating their adaptability to market dynamics.
Southeast Asia witnessed a significant surge in interest in AI tokens, with four countries ranking in the top fifteen. The Philippines accounted for almost 3% of global interest, while Singapore and Indonesia held 2.2% each, and Vietnam contributed 1.2%.
European Union countries are also not lagging behind, with the Netherlands leading with a 5.6% share. Poland and Germany each have 3.2%, followed by France with 2.1%. In total, the top 15 countries in AI cryptocurrencies hold a 74.4% share of market interest.
Among the most sought-after AI cryptocurrencies are Bittensor (TAO), Render (RNDR), and Fetch.ai (FET), with the report emphasizing their market capitalization and recent price surges. Other popular AI coins in the top two hundred by market capitalization include Akash Network (AKT), PAAL AI (PAAL), SingularityNET (AGIX), Ocean Protocol (OCEAN), AIOZ Network (AIOZ), Nosana (NOS), and Arkham (ARKM).
Even smaller AI cryptocurrencies are becoming increasingly popular. PaLM AI (PALM) experienced significant interest growth due to its association with Google's AI technology. Other coins such as 0x0.ai (0X0), TokenFi (TOKEN), GameSwift (GSWIFT), and Zignaly (ZIG) are gaining attention due to AI integration.
It is worth noting that 10 out of the top 25 AI cryptocurrencies have "AI" or related abbreviations in their tickers, signaling a trend influenced by speculative interest in AI narratives. Regarding Solidus AI Tech (AITECH), DeepFakeAI (FAKEAI), and ChainGPT (CGPT), they capitalized on this trend, although not all coins with AI in their names enjoyed the same popularity.
The list of popular but smaller AI cryptocurrencies includes Autonolas (OLAS), Oraichain (ORAI), and Clore.ai (CLORE), each carving out their position in the market.
Increased interest in AI-related tokens is driving price growth. As noted by Crypto Briefing, CoinGecko's report from March 5 highlighted that cryptocurrencies in this category saw an average growth of 257% between January 1 and March 4.
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