AI token market capitalization skyrocketed 540% in less than a year.

The sector of the crypto economy dedicated to artificial intelligence (AI) is expanding day by day, and in the past 34 days, as of November 29, 2023, the market capitalization of crypto assets concentrated focus on AI increased by 1.75 billion USD. The majority of the top 10 AI tokens have seen significant growth, with more than half recording double-digit growth. Notably, The Graph (GRT) is the leading AI token with an increase of 40.73% compared to the previous month.

AI cryptocurrency market capitalization increases to $7 billion

The past year marked a pivotal period for AI-driven crypto assets, and as we enter 2024, the market capitalization of the AI-focused crypto industry has reached 7 .04 billion USD. This is a significant growth from the $1.1 billion valuation on January 9, 2023. The figures reveal that, in less than a year, the AI ​​cryptocurrency market has expanded in an impressive 540%, with approximately $1.75 billion of that occurring in the past 34 days from November 29, 2023.

Leading the way in the AI-focused token space is The Graph (GRT), boasting a market valuation of $2 billion. Compared to last month, GRT increased by 25.96%, making it the highest performing token among the top 10 tokens. Fetch (FET) also saw incredible growth, up 34.29% on the month. Meanwhile, AGIX and OCEAN are up 5.85% and 4.45%, respectively, over the past 30 days.