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Top 5 AI Cryptocurrencies Worth Investing in Today – $AGIX, $ROSE, $FET, $GRT, and $OCEAN

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Top 5 AI Cryptocurrencies Worth Investing in Today
Top 5 AI Cryptocurrencies Worth Investing in Today

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Fueled by advancements in artificial intelligence, a new wave of cryptocurrencies is gaining traction in the recovering market. These AI-powered tokens, known as AI altcoins, are experiencing a surge in popularity and value, suggesting they could be a key driver of future growth in the crypto space.

Since AI is seen by many as the future and a field that will only expand, AI altcoins are perceived to recover more quickly than other cryptocurrencies.

As a result, a growing number of investors are trying to purchase AI coins, particularly those that have already performed well.

SingularityNET (AGIX)

Over the last two months, SingularityNET (AGIX) has had a sharp increase in value; however, there has been some volatility recently. Despite this volatility, investors are seeking suggestions. AGIX found it difficult to keep its price between $0.90 and $1.47 in the middle of March.

Technical indicators, concerningly, suggested a possible decline despite the high price of about $1.31, pointing to decreasing momentum. Now AGIX’s setting its price to $1.28 has sparked talk of a double-top formation, but further evidence is required.

SingularityNET (AGIX) is showing a significant trading volume of $183 million in the last 24 hours, which is noteworthy considering its market cap of $1.6 billion. However, analysts predict a potential correction. If selling pressure intensifies, AGIX could drop 30% to around $0.90.

On the other hand, a positive shift in the overall crypto market might lead to a rebound for AGIX. If AGIX finds support at $1.47, its price could climb higher. Rumors swirl about a potential merger involving three AI-focused altcoins, including AGIX.

This potential union, coupled with the recent growth of the AI altcoin market, has fueled significant gains for all three involved projects. Consider investing in AI cryptos, some of the hottest altcoins on the market today.

Oasis Network (ROSE)

Oasis Network (ROSE) stands out as a layer 1 blockchain platform built with security, scalability, and user privacy at its core. This focus makes it an ideal platform for a wide range of applications, including DeFi, GameFi, NFTs, and the Metaverse.

Despite its status as a low-cap AI altcoin, ROSE has gained significant traction, surpassing a market capitalization of $917 million and experiencing impressive growth of over 15% in the last month.

The future of the network appears promising, with upcoming developments like bridges to other blockchains fueling optimism for further price increases.

A key differentiator for Oasis Network is its sharding technology, which significantly accelerates transaction processing by running them simultaneously across multiple parallel blockchains.

The ROSE token serves as the core of the Oasis Network ecosystem. It empowers holders to participate in network governance by voting on development decisions. Additionally, ROSE can be staked to earn rewards.

Over the past three months, ROSE has exhibited a steady and positive trajectory, climbing from $0.04 to $0.13. This trend is particularly encouraging considering the network’s market capitalization remains below $1 billion.

Furthermore, a healthy trading volume of $23 million indicates a robust level of activity within the Oasis Network. This momentum positions ROSE well for a potential revisit of its all-time high. Learn and explore our guide to the best AI cryptos.

Ocean Protocol (OCEAN)

The Ocean Protocol (OCEAN) presents a compelling investment opportunity. Its market capitalization currently sits at $740 million, while daily trading volume surpasses a staggering $67 million. This exceptional volume signifies significant investor interest in the project.

The price itself has been on a parabolic trajectory, experiencing a 23% surge in the past week. While an entry point at $1 might be missed, it’s crucial to recognize the impressive climb from $0.43 to its current price of $1.30. Notably, the market capitalization remains below $1 billion, adding another layer of potential.

What truly sets Ocean Protocol apart is its volume-to-market-cap ratio, currently at an impressive 9.15%. This exceptional trading activity, coupled with a sub-$1 billion market cap, suggests the potential for significant future gains.

Some analysts believe returns could reach 2-3x in the coming weeks, significantly outpacing competitors like The Graph, Fetch.ai, SingularityNET, and even Oasis Network.

Fetch.ai (FET)

Fetch.ai (FET), a leading player in decentralized artificial intelligence (AI), has been on a tear in the past year. The project’s token price has skyrocketed from $0.58 to $3.10, representing a staggering 700% increase and propelling its market cap to a significant $2.7 billion.

This impressive growth is further fueled by high trading volume exceeding $300 million, indicating continued strong investor interest.

While the recent surge might raise concerns about a potential correction, Fetch.ai’s consolidation period in March could be interpreted as a sign of stability before another upward move. Investors seeking short-term gains may find opportunities for 30–40% increases within a few hours, but significant price fluctuations are also a risk to consider.

Adding to the momentum, Fetch.ai recently announced a groundbreaking collaboration with two other blockchain-based AI platforms to form the Superintelligence Alliance. This powerful alliance aims to become the undisputed leader in independent AI research and development.

The exciting development will also see the creation of a new, unified token specifically for the alliance, known as the Artificial Intelligence (ASI) token. This signifies a major step forward in the world of decentralized AI and opens exciting possibilities for the future.

The Graph (GRT)

The Graph (GRT) launched during the last bull market and got hit hard, perhaps due to bad timing. However, after a period of slow price movement, The Graph is finally making a comeback, offering over a 100% return on investment year-to-date for traders.

This is significant because The Graph is a crucial component of the blockchain and decentralized application (dApp) ecosystems. It provides a powerful indexing protocol that allows querying data across different blockchains.

By using The Graph, developers can efficiently access and manipulate data for their applications, ultimately enhancing the user experience within DeFi and the broader Web3 space.

Given its importance, The Graph (GRT) presents an interesting case for investors. It boasts a substantial market cap of $3.8 billion. However, unlike some of its counterparts with high trading volumes, The Graph’s daily activity currently sits at $72 million.

This translates to only 1.97% of the total market cap being traded daily, a relatively low figure. This low trading volume suggests that The Graph might not be the best option for short-term or even medium-term gains.

While the token price has grown from $0.15 to $0.38, the lack of active trading might limit immediate returns. However, the picture isn’t all bleak. The Graph’s established market cap and its potential for future growth within the decentralized web space could make it a compelling long-term investment.

Investors seeking stable, long-term holdings with solid fundamentals might find The Graph attractive. For those seeking the top altcoin investment opportunities in 2024, explore our comprehensive guide featuring the most noteworthy choices.

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