Artificial intelligence is no longer just a buzzword in the crypto market.
A recent report from CoinLedger reveals that AI-focused cryptos have dominated purchases this year, outpacing meme coins and other popular sectors.
In this article, we’ll take a closer look at CoinLedger’s report and highlight five AI tokens that could lead the pack in the coming months.
AI Crypto Fever Continues Growing in 2024
CoinLedger’s latest report confirms that crypto investors are excited about AI technology.
Their analysis of over 500,000 crypto investors reveals a clear trend: AI-focused tokens are leading the way in 2024.
Render (RNDR) and Fetch.ai (FET) have emerged as the top dogs, with gains of 46% and 120%, respectively.
This AI crypto craze isn’t happening in a vacuum.
It’s on the back of the broader AI boom that’s been dominating headlines this year.
With OpenAI making massive announcements left and right, and Nvidia’s stock soaring on AI chip demand, investors are scrambling for exposure.
And CoinLedger’s report shows this trend doesn’t look like slowing down.
So, as more developers attempt to combine AI capabilities with blockchain tech, we’re likely to see a flood of new projects hit the market in the second half of 2024.
What Are the Best AI Coins to Buy Now?
With AI tokens dominating the market, smart investors are on the lookout for the next big winner.
Here’s a rundown of five AI-focused cryptos that could potentially rally in the coming months:
1. WienerAI (WAI)
Kicking off our list is WienerAI (WAI).
This new project combines the viral appeal of meme coins with advanced AI technology.
Currently in presale, WienerAI has raised $7.5 million so far – yet investors now have less than two weeks before the early access ends.
So, what’s got people so excited about WienerAI?
The main reason is its AI-powered trading bot, dubbed the “ChatGPT of crypto trading.”
This bot can identify potential winning trades, explain its logic, and even execute buy/sell orders – all through a user-friendly chat interface.
There’s even a built-in staking protocol for WAI holders.
Right now, estimated annual yields are quoted at 150% and over 6.8 billion WAI tokens have already been locked up.
All in all, WienerAI’s combo of hilarious branding and real AI utility could be a recipe for explosive growth in the second half of the year.
2. Bittensor (TAO)
Bittensor (TAO) is another AI coin to consider investing in.
Picture this: A decentralized network where machine learning models can collaborate, compete, and evolve.
That’s Bittensor in a nutshell.
Its unique Proof-of-Intelligence (PoI) consensus mechanism sets it apart, rewarding nodes not just for crunching numbers but for being smart.
The platform’s native token, TAO, is at the heart of this AI ecosystem.
Contributors earn TAO for bringing valuable ML models and data to the table, creating a cycle of innovation.
With TAO up 14% in the past week, investors are starting to take notice – making it one to watch in the near term.
3. Arkham (ARKM)
Arkham (ARKM) is shaking up crypto intelligence with its AI-powered blockchain analysis platform.
Think of it like a crypto detective using AI to analyze blockchain transactions and entities.
Arkham also has an “Ultra AI Engine” – a proprietary algorithm that can sniff out patterns and connections across different blockchain networks.
But Arkham’s not just about passive analysis.
Its Intel Exchange allows users to trade insights, entity labels, and even hacker-tracing data.
All of this is fueled by the native ARKM token.
So, as the demand for crypto transparency grows, Arkham’s AI-powered approach could make it an essential tool – which is excellent news for ARKM’s price.
4. Golem (GLM)
Golem (GLM) aims to turn the traditional computing model on its head.
Imagine a world where, instead of tech giants hoarding all the computing power, anyone with a decent GPU can contribute to AI projects.
That’s Golem’s vision.
Put simply, Golem is creating a decentralized supercomputer powered by its GLM token.
Through this approach, small startups and indie developers can access the kind of processing power that was once exclusive to Silicon Valley heavyweights.
With more brains (and GPUs) working on complex problems, we could see breakthroughs coming from unexpected places.
For that reason, GLM could be an AI crypto to buy and hold for the long run.
5. Delysium (AGI)
Rounding off our list of the best AI tokens to buy now is Delysium (AGI).
Delysium is pushing the boundaries of AI and blockchain integration with its ambitious AI Agent Network.
The creators aim to build a sophisticated ecosystem where AI agents can interact, transact, and evolve on their own.
Lucy, Delysium’s AI-powered Web3 operating system, is the star of the show.
With over 1.4 million alpha wallets and 2.6 million transactions recorded, Lucy is already gaining traction.
Powering this system is Delysium’s native AGI token.
So, for those interested in both blockchain tech and artificial intelligence, investing in AGI could be a wise move.
