Top AI Crypto Signals a Sea Change in Investor Behavior

Artificial intelligence powered crypto tokens: the next big thing in crypto?

Man discovering digital money coin in full moon mode, making investors move like zombies.
Created by Kornelija Poderskytė from DailyCoin
  • A study in the United States discloses which AI crypto garnered the most searches.
  • Artificial intelligence cryptocurrency projects have been on the rise since late 2022.
  • One artificial intelligence (AI) token scoops up 10% weekly gains in the bear market.

Artificial intelligence (AI) is becoming an ordinary part of everyday life as technology giants gradually push new AI tools to the public. At the end of November 2022, the world saw the launch of the Chat Generative Pre-trained Transformer (ChatGPT).

Meanwhile, Google dropped their highly competitive chatbot Google Bard on March 21st, 2023, which is compatible with the Google apps and native services.

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Besides sparking creativity, brainstorming ideas, and gaining knowledge, artificial intelligence has much to offer the crypto world. 2023 has already seen multiple AI-powered cryptos enter the cryptosphere with their own AI-driven projects.

Indeed, cryptocurrencies like The Graph (GRT), Oasis Network (ROSE), Fetch.ai (FET), and Render (RNDR) present AI blockchain platforms where tokens can be utilized for numerous AI activities, such as image generation and text-to-speech content conversion.

According to the latest research, The Graph (GRT) comes second to none with 2,600 estimated monthly searches. The open-source software plays a crucial role in information retrieval. In a nutshell, The Graph works similarly to Google’s search engine.

The information from various blockchains is collected, processed, and stored on The Graph’s artificial intelligence-incorporated blockchain, like Google indexes and query websites across the internet, using subgraphs for separate queries.

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At press time, The Graph trades at $0.08888 with 9.7% weekly gains, according to CoinGecko. $GRT leads the AI crypto race, but the main competitors are not far behind. $ROSE and $FET are taking up the second and third place, estimating over 2,000 monthly searches in the United States.

Oasis Network (ROSE) has generated over 2,4000 monthly searches. The public interest increased after the Layer-1 private blockchain struck partnership deals with Meta and the German car manufacturer BMW.

On the Flipside

  • Despite claiming the first two spots by popularity, The Graph (GRT) and Oasis Network (ROSE) dropped by 10% and 25% yearly, respectively.
  • The lesser searched AI cryptocurrencies like Render (RNDR) and Fetch.AI (FET) grew by 248% & 179% in the last 365 days, respectively.

Why This Matters

Artificial intelligence signifies the latest trend in the crypto market and the overall technology sector.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.