As AI grows and becomes better and more complex, a handful of projects have emerged. Here’s an exploration of the leading AI-driven cryptocurrencies set to redefine the market in 2024.
- SingularityNET
- Ocean Protocol
Pullix (PLX): The Only Hybrid System Changing The Game
Investors are keen to secure their funds after increased regulatory pressures with the recent Binance lawsuit. Memories of MtGox and FTX aren’t helpful for investors. As they move over to DEX platforms, they cannot trade using advanced trading tools, stop losses, order books, take profits, or use other necessary tools.
These options are non-negotiable, and no one offered them on a DEX. Pullix recognized this hole and filled it. Because it allows users to use its off-chain order book, the transactions are fast and cheap like on a CEX. There are advanced trading tools, leverage, a lending platform, and stocks. However, at the same time, traders control their private keys like on a DEX.
This makes them the only option on the market that combines the best of both worlds. This makes it a wonderful rising investment.
Along with these, Pullix’s AI algorithm uses machine learning to allow users to copy trades from the most successful traders in the ecosystem. AI copies only the most successful traders, and more and more traders flock in and recognize the project. This made it reach its 2023 all-time high at $0.07. Analysts have put it on a list of top cryptocurrencies to buy in 2024, claiming it could soar up to 40x.
For more information on Pullix’s presale, see the links below:
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Fetch.ai (FET): Pioneering AI-Blockchain Fusion
Fetch.ai remains a frontrunner in merging AI and blockchain. It’s operating on a network designed for autonomous economic agents, so Fetch.ai facilitates resource allocation and predictive analysis. Its AI-driven platform creates a digital world where economic agents perform tasks efficiently and autonomously.
Fetch.ai is currently valued at $0.70, reaching a 31.11% increase during the last month, and a remarkable 602% during the last year.
Injective (INJ): Decentralized Finance Innovator
Injective (INJ) project focuses on decentralized finance (DeFi) and aims to create a fully decentralized and interoperable ecosystem for various financial markets. While Injective doesn’t specifically highlight AI integration as its core feature, it’s a significant player in the DeFi space. It emphasizes decentralized derivatives trading and decentralized exchange (DEX) functionality.
Injective grew 110% in the last 30 days as it hit $35.5. This marked an amazing 2692% growth in 2023.
Chainlink (LINK): Crucial Role in Real-World Data Integration
While not primarily an AI-focused token, Chainlink plays a crucial role in integrating real-world data into smart contracts. This is an essential aspect for AI-powered decentralized applications. Its decentralized Oracle network ensures the secure and reliable flow of external data, facilitating AI-driven smart contract executions.
Chainlink grew 11.79% this month, ending 2023 with a huge 181% growth.
Render (RNDR): Empowering Decentralized Rendering
Render (RNDR) focuses on decentralized rendering and the distribution of computer power for rendering tasks. It aims to create a decentralized network where users can rent out their unused computing power to render graphics-intensive tasks, catering primarily to the needs of industries like CGI, animation, and other graphics-related fields.
Render has grown 39.31% this month, making 2023 975% green!
The Graph (GRT): Indexing Protocol for Blockchain Data
The Graph serves as an indexing protocol for querying data from blockchains like Ethereum. It enables developers to efficiently access and retrieve blockchain data using GraphQL. This functionality is crucial for various applications, including those utilizing AI. It facilitates streamlined access to on-chain data, so it can be utilized by AI algorithms for analysis or decision-making within decentralized systems.
The graph hit $0.1954 as it grew 31% this month and it ends the year with a 242% growth.
SingularityNET (AGIX): Forging a Decentralized AI Marketplace
SingularityNET has carved a niche by establishing a decentralized AI marketplace. This platform enables diverse AIs to communicate and collaborate, allowing the development and sharing of AI algorithms. Its ecosystem empowers AI applications across industries, leveraging decentralized protocols for collective AI advancement.
SingularityNET grew had a modest 5.5% growth this month but it surged 604% this year. However, it’s still below its yearly peak of $0.58 meaning there’s still a lot of room for growth.
Ocean Protocol (OCEAN): Unleashing Data Value for AI
Ocean Protocol is a pioneer in unlocking the value of data for AI. Its decentralized data exchange protocol enables secure data sharing and monetization while preserving privacy. By facilitating the exchange of data assets, Ocean Protocol empowers AI algorithms to access varied datasets, fostering improved learning and analysis capabilities.
Ocean Protocol marks the year with a 196% yearly growth and a 19.54% growth this month.
What is the Best AI Cryptocurrency?
Pullix (PLX) seems to have gained significant attention for its innovative hybrid system. Analysts have suggested a bullish outlook for Pullix, indicating a potential surge in its value. Other than Pullix, SingularityNET (AGIX) and Fetch.ai (FET) stand out for their pioneering roles in establishing decentralized AI marketplaces and AI-blockchain integration.
What Are the AI Coins for 2023?
The list includes Pullix (PLX), Fetch.ai (FET), Injective (INJ), Chainlink (LINK), Render (RNDR), The Graph (GRT), SingularityNET (AGIX), and Ocean Protocol (OCEAN).
Will Crypto Rise Again in 2024?
With the upcoming SEC approval of Bitcoin ETF’s there’s likely going to be big crypto surges in Q1. The upcoming April halving is also a bullish sign for further growth.
Which Crypto Coin Will Rise in 2024?
As Bitcoin ETFs are approved, it’s likely the complete crypto market is going to propel itself upwards. Bitcoin, Litecoin, Ethereum, Pullix, etc., are very likely good bets.
What is the Best Future Cryptocurrency in 2025?
Assets like Ethereum, with its ongoing upgrades towards Ethereum 2.0, and Cardano, focusing on scalability and smart contracts, are among those speculated to hold strong potential in 2025.
Additionally, AI-integrated cryptocurrencies like Pullix (PLX), SingularityNET (AGIX) and Fetch.ai (FET) might continue to gain momentum if they maintain their technological advancements and market relevance.
Conclusion
In 2024, the fusion of AI and blockchain fuels a new era in cryptocurrencies. Some innovative assets like Pullix, SingularityNET, and Fetch.ai stand out. Pullix’s hybrid system, which merges DEX features with AI-driven tools, positions it as a rising star for investors seeking growth. Bitcoin ETF approval and the upcoming April halving hints at a bullish market.
Source: https://www.analyticsinsight.net/best-ai-cryptocurrencies-in-2024/