Artificial intelligence (AI) has taken the world by storm over the past few years. AI tokens play an important role in the cryptocurrency industry as they focus on improving scalability and security within blockchain networks.
These tokens are on their way to helping AI-based projects and reshaping the world of decentralized financial systems. AI projects can be trained to detect specific problems, and native tokens offer several benefits to users. These features demonstrate the potential for immunity to artificial intelligence (AI) tokens in the future.
Fetch.ai(FET):
Because it uses cryptocurrency and game theory as a consensus mechanism, it is currently one of the most efficient machine learning platforms for a variety of applications related to finance, energy, and economics.
It primarily focuses on reducing the time it takes users to get results. It also helps Uniswap users automate trading according to their preferred terms.
Fetch.ai tokens are currently trading at approximately a 50% discount to their previous ATH. However, increasing adoption in the AI world could push the value of this token to new highs in the future as this project has high valuation and strong fundamentals, making it a potential selection in this list.
The FET token is currently trading at $0.6123 with a circulating supply of 831,554,441 FET and a market capitalization of approximately $510 million. Additionally, if FET price regains momentum, the price will only fall 2x from the new all-time high (ATH).
Singularity (AGIX):
Singularity is an Ethereum-based token that primarily allows users to pay for AI-based services and products on the marketplace. AGIX is considered one of the most prominent AI tokens in the cryptocurrency industry today, as it plays a key role in facilitating transactions within the DeFi ecosystem.
The Singularity project has seen significant growth over the past few years and is expected to grow further in the future. Users can buy or sell several AI products with the help of this platform. It also plays an important role in contributing to development through the AI training process.
The AGIX token is currently trading at $0.2972 and has a circulating supply of 1,252,810,208 AGIX, with a market capitalization of $372.601 Million. Due to its potential growth, the Singularity (AGIX) token is expected to record up to 5x possible returns during the upcoming bull market.
Graph (GRT):
The Graph is an Ethereum-based token that helps index and query data on the decentralized protocol’s blockchain. It primarily indexes data from Ethereum and Filecoin. Data is grouped into subgroups that anyone can later query.
With the help of a proof-of-stake mechanism, GRT operates as an open-source protocol that collects and uses data independently, reducing the need for intermediaries. The native token GRT, which is an ERC-20 based token, can be stored in Ethereum or other ERC-20 compatible storage wallets.
GRT price is currently trading at $0.1691, with a circulating supply of 9,391,751,499 GRT and a market capitalization of approximately $1.588 billion.
Last year, Injective and Render tokens were among the year’s top-rising tokens, with returns of 27x and 13x, respectively, highlighting the potential of the AI industry and its tokens in the future.
conclusion:
The AI industry is still considered to be in its infancy, highlighting the enormous potential for this field in the future. AI has become an essential part of our lives, and its integration can now be seen in every field.
The next generation of AI tokens aims to create value by leveraging the power of the entire blockchain and solving complex and specific problems in the digital world.