Artificial Intelligence

Monero

Rise

According to data from CoinGecko, the AI-related token industry has experienced a significant rise, with a 15% increase in the last 24 hours.
<h2 id="as-nvidia-becomes-the-world-s-most-valuable-company-artificial-intelligence-tokens-increase-led-by-fet-and-agix">As Nvidia Becomes the World's Most Valuable Company, Artificial Intelligence Tokens Increase Led by FET and AGIX</h2>
This increase is largely due to significant gains in tokens from projects using artificial intelligence (AI) technology.
<blockquote>
 Fetch.ai's FET, SingularityNET's AGIX, and Ocean Protocol's OCEAN are leading the growth in the AI token sector with gains of up to 35%.
</blockquote>
The rise in AI tokens reflects the recent performance of Nvidia (NVIDIA) shares, which are up 5% since Monday.
This growth made Nvidia the most valuable company in the world, surpassing Microsoft. While Nvidia is not directly affiliated with any crypto company, its stock performance tends to influence AI-related tokens.
Artificial intelligence, which refers to the simulation of human intelligence in machines programmed to think and act like humans, has been a hot sector in both traditional markets and the crypto space.
Related News: <a href="https://en.bitcoinsistemi.com/privacy-focused-project-monero-xmr-reverses-the-decline-following-delist-news-heres-why-the-rise/" target="_blank" rel="noopener noreferrer nofollow">Privacy-Focused Project Monero (XMR) Reverses the Decline Following Delist News! Here's Why the Rise</a>
Investors have predicted since early 2023 that the AI sector would lead gains in the next crypto market cycle, and these predictions have proven accurate so far.
“AI as a sector is hot in both traditional markets and crypto, so it should come as no surprise that AI tokens are on the rise after Nvidia became the world's most valuable company,” Edward Wilson, an analyst at Nansen.ai, said in a statement.
Wilson emphasized that tokens such as NEAR and RNDR increased by approximately 300% last year, while ETH increased by just over 100% in the same period, indicating high market interest in the artificial intelligence sector.
But some researchers have expressed concerns about the actual use of complex AI technology in blockchain projects, suggesting that excitement around it may be outpacing practical application.
Despite these concerns, the current market enthusiasm for AI-related tokens shows no signs of slowing down.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/artificial-intelligence-projects-are-on-the-rise-as-nvidia-becomes-the-worlds-most-valuable-company-here-are-the-rising-projects/" rel="noopener noreferrer nofollow">Artificial Intelligence Projects Are on the Rise as Nvidia Becomes the World's Most Valuable Company! Here are the Rising Projects!</a>

Artificial Intelligence Projects Are on the Rise as Nvidia Becomes the World's Most Valuable Company! Here are the Rising Projects!

Table of Contents

Bitcoin Sistemi EN

Other articles published on Jun 20, 2024

AI token market cap hits $30.25 billion, driven by Nvidia’s gains

Expert Names 3 AI Cryptocurrencies Ready to 10X in July as Ethereum Moves Toward ETF Trading

Analyst Says XRP Price Is Long Overdue For Bullish Wave, Here’s The Target

2024: A Historical Leap For the Cryptocurrency Market - Staying Ahead Of Market Trend With Social...

GURU Token to Be Listed on BitMart Exchange, Kickstarting a Series of Exciting Developments

JUST IN: Binance Announces It Will List a New Altcoin!

Join our free newsletter for daily crypto updates!