Tokens linked to artificial intelligence (AI) projects are experiencing significant growth, with the market cap of AI and BigData projects soaring. Assets such as BOTTO, TOKEN, and AGIX have surged impressively over the past week, with the overall market cap of the top 100 projects in this sector increasing by 7.3%. Santiment's analysis suggests a potential for further price surges, providing a compelling opportunity for investors to monitor these developments closely.
One of the major catalysts for this optimism is the merger announcement between three prominent players in the web3 and AI sectors: Fetch.AI, SingularityNET, and Ocean Protocol. The collaboration aims to merge Fetch.AI's autonomous AI agents and blockchain framework with SingularityNET's R&D efforts and Ocean Protocol's initiatives for data exchange and monetization. The founders of these platforms also seek to establish an alternative to Big Tech's control over AI development, use, and monetization.