TL;DR
NEAR Protocol, The Graph, and Oasis Network lead the top 10 AI cryptocurrencies with the most development activity over the past 30 days. Recent developments, such as the “Superintelligence Alliance” between Fetch.ai, SingularityNET, and Ocean Protocol, have led to significant concentrations in some AI-related coins. Here are the leaders
Market intelligence platform Santiment outlined the top 10 Artificial Intelligence (AI) cryptocurrencies involved in the most development activity over the past 30 days. NEAR Protocol (NEAR) leads with an index of 173.5, while The Graph (GRT) and Oasis Network (ROSE) follow with ratios of 143.5 and 101.1, respectively.
Bittensor (TAO) and iExec RLC (RLC) round out the top 5, while other well-known coins making the list are Ocean Protocol (OCEAN), Worldcoin (WLD), and Fetch.ai (FET).
Some of the users commenting below the X post were surprised that Internet Computer (ICP) was not in the top 10 club. The cryptocurrency is currently the third largest of its cohort, with a market cap of nearly $4 billion.
The ranking for the previous 30 days (ending May 20) was slightly different. At the time, the AI cryptocurrency with the most development activity was ROSE, while NEAR, GRT, TAO and GLM followed next.
AI coins in the spotlight
Cryptocurrencies related to artificial intelligence have been trending more and more in recent days thanks to numerous developments. A key element is the announced “Superintelligence Alliance” between Fetch.ai, Ocean Protocol and SingularityNET. The initiative was supported by the world’s largest crypto exchange – Binance.
Another factor is NVIDIA’s progress. As reported by CryptoPotato, the tech giant briefly became the most valuable company in the world, reaching a market capitalization of over $3.33 trillion. Soon after, however, Microsoft regained the top spot.
The developments mentioned above were followed by a large rally in some AI coins, such as FET, AGIX, and OCEAN. FET experienced a 35% price increase on June 20, reaching $1.75 (according to CoinGecko data). However, it rallied the next day in line with the broader crypto market decline.
Price DONE, Source: CoinGecko
In the meantime, we recently compiled a guide to the best AI cryptocurrencies to watch this year, so be sure to check it out.
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