- AI altcoins are gaining traction, promising investment for growth amidst evolving technology and projected industry surges.
- SingularityNET (AGIX) and LimeWire (LMWR) prevail as top contenders in the race of AI Altcoins for 2024.
- Bittensor’s (TAO) and AIT Protocol stand out, following SingularityNET (AGIX) and LimeWire (LMWR).
AI altcoins are emerging as promising contenders for investors seeking growth opportunities. The latest developments in AI technology combined with projections of exponential industry growth, have set the stage for a surge in interest and investment.
In a recent video, the YouTube channel ‘Altcoin Daily’ dives into a comprehensive list of the top five AI crypto altcoins for 2024, based on recent insights.
Starting off the list is SingularityNET (AGIX) which is allegedly a pioneer in the decentralized AI platform space since its birth in 2017. With a vision to democratize AI services, SingularityNET offers a marketplace running on blockchain technology, enabling creators to share and monetize AI solutions at scale. Based on its price prediction, AGIX could be affected by Bitcoin halving and could trade beyond the price of $1.1 by the end of 2024.
Next is LimeWire, once infamous for its role in music piracy, is now rebranded as an AI-powered content creation platform. Leveraging blockchain technology, Lime Wire empowers artists to maintain control and monetization rights over their content while tapping into AI for streamlined creation processes.
DeFi platform Consola.finance collaborated with LimeWire (LMWR) among other organizations to develop its resilient platform. The platform recently announced the launch of its end-to-end finance and accounting platform specifically designed for web3 firms.
Bittensor (TAO), touted as the highest-cap AI crypto coin is standing out with its peer-to-peer decentralized protocol facilitating machine learning collaboration. Using technologies like mixtures of experts and distillation, Bit Tensor aims to create a collective intelligence network for AI models to learn from each other.
AIT Protocol follows as the world’s first AI data infrastructure and this is bridging the gap between AI and big data industries. With a decentralized approach to data collection and annotation, AIT Protocol seeks to revolutionize the $300 billion big data industry while creating millions of job opportunities through its “train to earn” model.
Rounding off the list is The Graph (GRT), a web3 protocol revolutionizing blockchain data access and organization. Positioned as the decentralized alternative to Google’s data indexing, The Graph shows impressive metrics, including exponential growth in query volume and an increase in adoption across various projects.
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