- AI crypto market completes an 8% weekly run to a $28.69B market cap.
- Blockchain intelligence platform presents 5 top performing AI assets.
- Token unlock schedule paints a different picture for Fetch.AI & WLD.
Artificial Intelligence (AI)-powered tokens are rising this year despite the niche AI crypto market not meeting the expectations of leading altcoin rallies. Meanwhile, the flagship crypto Bitcoin (BTC) seems to have broken the bearish ETF curse. Positive net flows started to pour in, bumping up BTC’s price above $68,000.
Hereโs Which AI Crypto Took the Reigns
SpotOnChain maintains that as the top digital asset regains strength, AI cryptos are expected to be prominent contributors to the next altcoin cycle. The blockchain data research platform named the five best-performing AI coins over the past month, emphasizing the AI crypto supply dynamics, including upcoming token unlocks.
Sponsored
Bittensor (TAO) is a blockchain-centered around creating a peer-to-peer machine-learning market. It is decentralizing machine learning efforts to create โan unstoppable library of knowledge.โ This AI coin takes heed from Bitcoin, operating on Proof of Work (PoW).
TAO has a supply capped at 21 million, identical to Bitcoin. Currently priced at $569.23, TAO erupted by 104% in a month, making it the best-performing crypto in the AI asset class. On the other hand, SpotOnChain warns that incoming TAO token unlocks will be worth 37% of all supply over the next year.
Fetch.AI Crypto & WorldCoin Make the List
The iris-scanning digital identity project WorldCoin (WLD) clinches second with a 58.4% monthly growth rate, outpacing the bronze medal-winning Fetch.ai (FET) AI crypto. In comparison, Fetch.AI rebranded as Artificial Superintelligence Alliance inked 12.6% gains in an identical time frame.
Capped at 2.7 billion FET tokens, the coin behind the self-proclaimed โopen marketplace for AI agentsโ is priced at $1.40, according to CoinGecko. Interestingly, token unlock schedules reveal that 92.6% of all FET crypto tokens were unlocked and are already in circulation.
However, thatโs not the case with WLD. Limited to 10 billion tokens, the high-profile AI projectโs native crypto currently has 54.5% of tokens in circulation. Priced at $2.22, the remainder is set to be unlocked in the next three to five years, with an estimated end date of July 2028.
On the Flipside
- In addition to ex-Microsoft computer virtuoso Sam Altman, WorldCoin is backed by two bankrupt crypto firms, Alameda Research and Three Arrows Capital (3AC).
Why This Matters
Artificial Intelligence tokens are growing in utility and trading demand, as AI influence becomes perceivable in everyday life.
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