- The AI cryptocurrency sector is worth a massive $40.22 billion.
- NEAR stands at the top of the sector with a market cap of $7.9 billion.
- TAO and AKT turned bullish in the past day, surging 4.51% and 3.54% respectively.
Access to AI platforms like ChatGPT fueled a surge in AI-related cryptocurrencies as well and this demand has shown no signs of slowing down. AI tokens now represent a significant portion of the crypto market with their total market capitalization exceeding $40.22 billion, and the 24-hour trading volume upward of $6.1 billion.
As per the data provided by CoinMarketCap, the largest AI token is Near Protocol (NEAR), which has a market cap of $7.9 billion and trades at $6.50. NEAR dropped 9.19% yesterday and trades at $6.50, up 9.95% last week. Last month, the altcoin rose 53.40% but is still down 68.05% from its all-time high of $20.42.
Other AI Tokens to Watch
On the other hand, TAO and AR trade at $547.72 and $20.81, with AR crashing 5.80% yesterday. However, TAO surged 4.51% yesterday and 7.73% last month, while AR rose 29.62% last month. TAO is the 31st largest digital asset by market cap, while AR has a market cap of $1.36 billion, putting it 72nd on CoinMarketCap.
Read also: Avalanche vs. TRON: Market Cap Battle, AVAX Wins
AKT trades at $3.92, up 3.54% yesterday but down 4.76% last week. Yet, last month, the altcoin surged 73.99%, showing significant upside potential. AKT is down 51.42% from its all-time high of $8.08, but a 20% surge in trading volume suggests growing confidence from investors.
Meanwhile Similarly, FET trades at $1.45, down 2.74% yesterday. The cryptocurrency is down 58.16% from its all-time high of $3.47. Last week, FET rose 10.61% and 16.89% last month.
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