- AI-focused tokens rose with the introduction of OpenAI’s Sora.
- SingularityNET’s AGIX token saw a 117% increase in the last 7 days.
- The WLD token of Sam Altman’s founded Worldcoin project surged by 173%.
In the cryptocurrency ecosystem, projects developed in the artificial intelligence (AI) category have garnered attention recently due to their rising performance. One of the triggering factors for the surge in these cryptocurrencies is the move made by OpenAI.
Following the introduction of its new artificial intelligence, Sora, last week, OpenAI, a research company led by CEO Sam Altman, observed a surge in AI tokens’ performance. Sora, presented by OpenAI, operates on a text-to-video logic, taking text clues and transforming them into short video clips.
In the wake of OpenAI’s move, there have been upward movements in AI-focused cryptocurrency projects. In this context, here are five AI tokens that have stood out in terms of their performance in the last 7 days:
SingularityNET (AGIX)
SingularityNET allows everyone to create, share, and earn from AI services through its globally accessible AI marketplace. It is a blockchain-backed project, and its token is AGIX. The AGIX token has surged by 117% in the last 7 days, with the price at press time being $0.70. The maximum supply of AGIX is 2,000,000,000, and there are currently 1,256,577,687 AGIX in circulation.
Arkham (ARKM)
Arkham Intelligence is a blockchain analysis platform that uses AI to anonymize data on the blockchain and chain. Arkham Intelligence was founded in 2020 and completed its last funding round in November 2023. The ARKM token of the Arkham project has seen a 100% increase in the last 7 days, with the current price being $1.34. The maximum supply of ARKM is 1,000,000,000, and there are currently 150,000,000 ARKM in circulation.
iExec (RLC)
iExec is a blockchain-based decentralized computing provider that supports applications in various fields such as big data, healthcare, artificial intelligence, computing, and fintech. Founded in October 2016, the token of the iExec project is RLC. The RLC token has witnessed an 80% increase in the last 7 days, with the current price at $4.33. The maximum supply of RLC is 86,999,785, and the circulating supply is 72,382,548 RLC.
Golem (GLM)
Golem Network is an open-source, decentralized computing platform. Golem aims to provide computational power for the artificial intelligence industry with its developed Golem GPU. The token of the Golem project is GLM. The GLM token has experienced a 69% increase in the last 7 days and is currently trading at $0.37. The maximum supply of GLM is 1,000,000,000, and all are in circulation.
Fetch.ai (FET)
Fetch.ai, established in 2017 and launched through an IEO on Binance in March 2019, is an AI lab creating an open, permissionless, and decentralized machine learning network in the crypto economy. The token of the Fetch.ai project is FET. The FET token has risen by 68% in the last 7 days and is currently trading at $1.13. The total supply is 1,152,997,575 FET, and the circulating supply is 832,203,961 FET.
The introduction of Sora in the artificial intelligence ecosystem has initiated an upward movement in token prices. It is noteworthy that there is no information available on when OpenAI’s Sora will become publicly accessible.
Additionally, Worldcoin’s WLD token, founded by OpenAI CEO Sam Altman, has surged by 173% in the last 7 days, currently trading at $8.74. Worldcoin is an iris biometric cryptocurrency project that launched the WLD token in July 2023 after starting in 2019.
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