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CryptoRankNewsHere’s Why A...

Here’s Why AI Crypto Tokens Rocket Shocking 257% Gains


Mar, 06, 2024
< 1 min read
by CoinEdition
  • CoinGecko research shows AI-based coins have experienced an impressive 257% increase in two months.
  • Bittensor (TAO) leads the market with a valuation exceeding $4.4 billion.
  • Nosana experienced the most significant gain, growing 987.9% from $0.56 to $6.01.

CoinGecko, a prominent crypto market tracking platform, has delved into the recent surge of interest in artificial intelligence (AI)–based cryptocurrency tokens. CoinGecko highlights that AI-based coins have experienced an impressive 257% increase since the beginning of 2024.

At the forefront of this surge is Bittensor (TAO), boasting the highest market capitalization in this sector at $3.85 billion as of February 29. However, recent data indicates that Bittensor’s market cap has surpassed $4.4 billion.

CoinGecko observed that Bittensor remained the leading AI cryptocurrency coin between January and February 2024. Behind Bittensor is Render (RNDR), with a market cap of $3.03 billion as of the end of February. Furthermore, CoinGecko highlighted that the top five AI crypto coins have retained their rankings unchanged since January and February. 

However, notable changes occurred outside of the top five. …

The post Here’s Why AI Crypto Tokens Rocket Shocking 257% Gains appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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CryptoRankNewsHere’s Why A...

Here’s Why AI Crypto Tokens Rocket Shocking 257% Gains


Mar, 06, 2024
< 1 min read
by CoinEdition
  • CoinGecko research shows AI-based coins have experienced an impressive 257% increase in two months.
  • Bittensor (TAO) leads the market with a valuation exceeding $4.4 billion.
  • Nosana experienced the most significant gain, growing 987.9% from $0.56 to $6.01.

CoinGecko, a prominent crypto market tracking platform, has delved into the recent surge of interest in artificial intelligence (AI)–based cryptocurrency tokens. CoinGecko highlights that AI-based coins have experienced an impressive 257% increase since the beginning of 2024.

At the forefront of this surge is Bittensor (TAO), boasting the highest market capitalization in this sector at $3.85 billion as of February 29. However, recent data indicates that Bittensor’s market cap has surpassed $4.4 billion.

CoinGecko observed that Bittensor remained the leading AI cryptocurrency coin between January and February 2024. Behind Bittensor is Render (RNDR), with a market cap of $3.03 billion as of the end of February. Furthermore, CoinGecko highlighted that the top five AI crypto coins have retained their rankings unchanged since January and February. 

However, notable changes occurred outside of the top five. …

The post Here’s Why AI Crypto Tokens Rocket Shocking 257% Gains appeared first on Coin Edition.

Read the article at CoinEdition

Read More

“Bitcoin is Money You Can’t Afford to Lose,” Saylor Reassures Amid $56K Retest

“Bitcoin is Money You Can’t Afford to Lose,” Saylor Reassures Amid $56K Retest

While crypto investors shoulder substantial losses over the past day amid the market ...
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< 1 min read
by CoinEdition
ETH Founder Vitalik Reveals 90% of His Crypto Held in Multi-Sig Service

ETH Founder Vitalik Reveals 90% of His Crypto Held in Multi-Sig Service

Ethereum founder Vitalik Buterin has explained why as much as 90% of his personal cry...
May, 01, 2024
< 1 min read
by CoinEdition