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AI Crypto Coins Outperformed Most Other Sectors In Last Three Months, Binance Report Says

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AI crypto coins
AI crypto coins

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AI crypto coins performed strongly in the last three months, outperforming all sectors except Ethereum Layer 2 (L2) tokens when excluding meme coins, Binance said.

The Binance researchers used data from a Dune Analytics dashboard from @Cryptokoryo_research to reach their conclusions.The six AI coins — SingularityNET (AGIX), Cortex (CTXC), (FET), Ocean Protocol (OCEAN), Oraichain (ORAI), and Render (RNDR) — recorded an average price increase of 185% in the three months to Jan. 2.

AI crypto coins

Over a year, FET was the best in class with a 659% pump, followed by AGIX, GRT and OCEAN.

AI Crypto Coins Beaten Only By Ethereum L2 Tokens

With AI coins coming in second, L2 tokens were the best performers, recording 221% in gains.

Meme coins were excluded from the analysis because their low market capitalization put them at an advantage to record “disproportionate large percentage performance gains,” according to the report.

Launchpad XYZ is one new AI platform that’s aiming to challenge the AI sector’s leaders via its LPX token, which features among analysts’ preferred tokens among AI crypto coins.

The project has raised almost $2.5 million and is scheduled to list before the end of the month.

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