Crypto markets are abuzz with the latest trend - AI tokens
See how these tokens have outperformed Bitcoin and are causing a stir in the Cryptocurrency Community.
(๐งต A Thread )
See how these tokens have outperformed Bitcoin and are causing a stir in the Cryptocurrency Community.
(๐งต A Thread )
The AI token sector is on fire with tokens such as ALI, FET, and AGIX up an average of 80% in the past week alone. Some of the tokens have even surged up to 220%. (1/5)
The recent surge in AI tokens can be traced back to the public launch of chatbot ChatGPT and image generation software Dall-E by OpenAI in mid-2022. The recent $10 billion investment from Microsoft has added to the buzz. (2/5)
AI applications range from chatbots to autonomous cities, cyborg humankind and beyond. AI tokens like Image Generation AI (IMGNAI) have more than tripled over a two-week period, attracting traders' attention to the potential of AI in the crypto space.(3/5)
The long-term viability of AI tokens is still up for debate. The usage of tokens while scaling AI software remains a hard problem to solve.
"The growth opportunity around the AI and Web3 space combines early interest, potential and hype,โ says Ravindra, founder of Frontier. (4/5)
"The growth opportunity around the AI and Web3 space combines early interest, potential and hype,โ says Ravindra, founder of Frontier. (4/5)
Market watchers remain cautious about the AI token hype. Once the market starts livening up a bit, all sorts of new trends come out of the woodwork. And they are not all as solid as they might look.
How strong is the future of AI tokens against the mainstream crypto?๐(5/5)
How strong is the future of AI tokens against the mainstream crypto?๐(5/5)
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