Token

Render

Worldcoin

Coin

<ul class="news-points"> 
 <li>AI-focused crypto projects experienced an outstanding increase in cumulative weekly trading activities.</li> 
 <li>Kaiko data shows that the trading volume was below $1 billion in October but has surpassed $3 billion this month.</li> 
 <li>RNDR, Worldcoin (WLD), and FET led the pack in trading activities.</li> 
</ul> 
Over the past six weeks, there has been an outstanding increase in the cumulative weekly trading activities of cryptocurrency projects that focus on artificial intelligence. In a recent tweet, Kaiko, a well-known on-chain analytics firm, <a href="https://x.com/KaikoData/status/1729481515740873060?s=20" target="_blank" rel="nofollow">disclosed</a> that the trading volume of AI-related crypto assets has been on a sustained surge since mid-October. Kaiko noted that the AI-focused projects leading the pack in trading activities were Render (RNDR), Worldcoin (WLD), and Fetch.ai (FET). 
According to the chart accompanying Kaiko’s tweet, the trading volume of AI tokens was below $1 billion in the initial weeks of October. However, the weekly trading volume experienced a remarkable increase, surpassing 200% and reaching over $3 billion this month. 
<div class="wp-block-image"> 
 <figure class="aligncenter is-resized">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/8tIpkoQVkxFRNB3tlNQVd86-YECtzu2LM8X74da2yWrmflIBLOp6na84mMkGc9w21JJB_0CiInYAWRCVlKl7K8peqHleeNAgwEQi6E13SZ2WC-3CRElwLM7lxbVVUbywpGsihh96j6e6e5-rpMetD4Q" alt="" style="width: 100%;height:auto">
 <figcaption class="wp-element-caption">
 (AI-related crypto project weekly trading volume Source: <a href="https://research.kaiko.com/insights/bitcoin-unbothered-by-binance-settlement" target="_blank" rel="nofollow">Kaiko</a>)
 </figcaption>
 </figure>
</div> 
The chart indicated that early November marked the peak of trading acti…
The post <a href="https://coinedition.com/ai-token-market-sees-200-surge-in-trading-volume-crossing-3b/">AI Token Market Sees 200% Surge in Trading Volume, Crossing $3B</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

AI Token Market Sees 200% Surge in Trading Volume, Crossing $3B

Coin Edition

Other articles published on Nov 29, 2023

Bitcoin Miner CleanSpark Might Still Be Drawing Fossil Energy

Binance to fully phase out BUSD by end of December

US sanctions Sinbad crypto mixer, but what about its copycat?

Thai billionaire backs Binance after regulatory scrutiny

Breaking: Cristiano Ronaldo Faces $1 Bln Lawsuit for Promoting Binance

Dogecoin would trade at this price if DOGE hits its all-time high market cap

Join our free newsletter for daily crypto updates!