Artificial Intelligence (AI), a rapidly growing advance in technology is invading every sphere of life and comes with enormous benefits to it's proponents. The cryptocurrency market is not left out in the spree of AI-enhanced sectors. Without a doubt the use cases for AI are effectively limitless, and a number of crypto projects are incorporating AI in some capacities.
The advances around ChapGPT had really exposed the possibilities of Artificial intelligence (AI) and this is fast-tracking the adoption of AI into many other sectors of life. Redefining and revolutionizing work processes and human interactions, AI is rapidly expanding enviably. AI adoption has swept into the cryptocurrency markets with the view to reducing investment risks.
Specific uses of AI within these blockchains are marketplace order management and trading, market predictions, portfolio management, governance operations and many other transactions within the blockchain. Some AI integrations are programmed to identify market trends, investment opportunities, security bridges, among other applications. Some of these operations are powered by Digital signatures known AI crypto tokens.
AI Cryptocurrencies
AI cryptocurrencies are assets that power AI blockchain platforms. These crypto assets leverage artificial intelligence to enhance the native blockchain user experiences, scalability, and even security of the blockchains. There is a growing number of AI Cryptocurrency tokens with varied usecases and market performances with around 5 billion market capitalization.
Let us look review some of the best performing AI crypto coins in the market today and how they seek to redefinine the future of Investment
Graph (GRT)
The Graph Token, with with ticker symbol, GRT, is an Ethereum token that powers the Graph - a decentralized protocol for indexing and querying data from blockchains. The Graph protocol leverages AI to enable dApp developers to easily access and search for blockchain data without relying on centralized intermediaries. AI is specifically used to index and query data quickly and efficiently on the Graph protocol.
GRT with infinite maximum supply has a market cap of 1.05 billion and is traded on over 50 CEXes and 6 DEXes via 158 trading pairs. At a price of 10 Cents, GRT is speculated bullish with is large community of holders.
Injective (INJ)
The injective token, with ticker symbol, INJ, is the native utility token of Injective blockchain. Injective is an open, interoperable layer-one blockchain powering next-generation DeFi applications, including decentralized spot and derivatives exchanges, lending protocols, prediction markets, etc.
INJ token basically enables users to participate in its ecosystem through a decentralized autonomous organization (DAO) structure. Injection's DAO facilitates the proposal of new market listings, protocol-level software upgrades by users among other usecases. The token is used for other purposes, including dApp value capture, PoS security
INJ presently trading at $8 has a maximum supply of 100 million tokens. Analysts have shared their sentiments that INJ has been a strong mover in the markets over the past 6 months and has a huge prospect in the anticipated bull run. There are bullish predictions about INJ that there may be a continuation in INJ’s positive trend.
Render Token (RNDR)
Render Token with ticker symbol, RNDR, is built on the Ethereum Blockchain as a distributed GPU rendering network. Render Token's major usecase is to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out.
RNDR also serves as the utility token used to pay for animation, motion graphics, and VFX rendering on the Render Network. Presently priced at $1.73, RNDR is tipped to hit $100 in 2040.
The Future of Investment with AI Cryptos
If the predictions of the bullish future of AI tokens comes true, then it would be more profitable to let AI invest for us. While many are complaining that AI is taking jobs from humans, others are improving their deliveries with AI. Artificial intelligence maximizes available information and trends for its deliverables, coupled with the speed with which it processes these information. Where future market outputs would solely depend on patterns, then investing in AI tokens could be a a highly profitable adventure.
What do think would these AI tokens would amount to?
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