AI events in May:
1⃣️On May 14, OpenAI released a new multimodal AI model
2⃣️On May 15, Google will showcase new AI tools at Google I/O
3⃣️On May 21, Microsoft Build Conference focused on AI
As AI becomes a hot topic in 2024, OpenAI's Sora model in February has triggered a rise in AI coins, and a series of activities in May may once again drive the price of related cryptocurrencies.
Taking this topic, I would like to introduce 10 AI concept altcoins that may be underestimated:
$AI (Sleepless AI)
Sleepless AI is an AI-based virtual companion game that uses AIGC and LLM to create rich story-based gameplay and organic interactions with characters. The project is currently developing three games, the first of which is HIM, a virtual boyfriend Otome game that has now been officially approved for listing on the Appstore in more than 150 countries around the world.
Market value: $153 million
PALM (PaLM AI)
PALM AI is a multi-platform second-generation AI solution based on Google AI tools and self-developed algorithms. It focuses on developing blockchain integration tools and real-world AI applications, and provides customized AI robot services to meet different needs. PALM token holders can participate in the platform revenue sharing.
Market value: $73 million
GLQ (GraphLinq Chain)
GraphLinq is a code-free blockchain automation platform consisting of GraphLinq chain and GraphLinq protocol. Through integrated IDE, App, engine and market, it allows users to deploy and manage automation processes without programming, and also supports AI to build dApps. Financing was completed on March 15, and DWF Labs participated in the investment. GLQ is the platform token used to pay gas fees.
Market value: $31 million
VMINT (VoluMint)
VoluMint is an A-driven automated market maker that is seamlessly compatible with centralized and decentralized exchanges and provides customized services. It includes easy-to-use market making robots and AI trading systems, and adopts decentralized trading strategies. VMINT token holders can receive dividends and participate in governance.
Market value: $14 million
NAVI (Atlas Navi)
Atlas Navi is a navigation application that uses AI and mobile phone cameras to identify road conditions, accidents, lane flow, etc., and plan the best route for users. The application also has a Drive to Earn mechanism, and users can earn NAVI tokens by navigating.In 2019, Atlas Navi received a $1.2 million grant from the European Union to advance technology development.
Market Cap: $11 million
CGPT (ChainGPT)
ChainGPT is a developer of AI solutions in the Web3 field. It has built various tools for users by integrating large language models (LLM) with blockchain. Including AI chatbots, AI NFT generators, AI news aggregation, AI trading assistants, automated smart contract generation and auditing, etc. CGPT is ChainGPT is a utility token, and holders have the rights to participate in DAO voting, staking, free access to AI tools, airdrops, etc.
Market Cap: $110 million
GPU (Node AI)
Node AI is a decentralized platform that provides GPU and AI resource rental. Users can pledge GPUs to obtain revenue sharing, and also provide AI node leasing, GPU computing power lending and other services.
Market Cap: $121 million
ENQAI (enqAI)
enqAI is a decentralized AI model network that is fully powered by a decentralized GPU node network. In this way, enqAI can make its model free of political and cultural bias and censorship-resistant. ENQAI is the token reward issued by enqAI for nodes that provide support.
Market value: $48.6 million
EMC (Edge Matrix Computing)
EMC is a decentralized AI computing power application network and a Depin+AI concept project. EMC directly connects GPU computing power assets with AI applications and provides them to ordinary developers and users in a low-cost and convenient way. EMC has completed two rounds of financing, led by Faculty Group and Flow Ventures, with an undisclosed amount.
Market value: $30 million
AQTIS (AQTIS)
AQTIS is an intelligent liquidity protocol powered by Quant-Tech and AI. Liquidity is provided by dApps built on AQTIS, which is committed to allowing ordinary users to use institutional-level investment strategies to achieve stable returns and advanced transactions.
Market capitalization: $12.6 million
According to historical trends in the crypto industry, the bull market usually lasts about 1.5 years after the Bitcoin halving, while the altcoin season tends to start shortly after the halving.
As a hot topic in the technology field, AI is a hype point worthy of attention. It is recommended to plan and layout in advance in combination with industry dynamics.
