ARTIFICIAL INTELLIGENCE (AI) TOKENS ON THE RISE
Today, the total market capitalization of AI cryptocurrencies reached $15.8 billion after an 8% increase in the last 24 hours. The AI crypto space has once again become the fastest growing segment of the Web3 world. For example, the Cardano-linked SingularityNET project has seen its AGIX token surge by 80% in the last seven days. Meanwhile, the total market capitalization of the entire cryptocurrency market increased by just 0.2% in the last 24 hours.
The optimism in the AI cryptocurrency segment is attributed to the success of OpenAI's Sora, a new text-to-video AI-powered content creator. Sora is able to create videos of incredible quality using nothing but simple text prompts. Previously, AI crypto excitement was fueled by the launch of OpenAI's ChatGPT AI-powered bot.
Apart from btc, eth and stablecoins, AI + gaming alt coins that people enjoy are becoming incredibly popular