The buzz around AI started with the emergence of OpenAI’s ChatGPT platform. Its ability to simulate human intelligence in creating humanlike conversational dialogues led to widespread adoption.
The hype around Chat GPT led to the emergence of more AI projects, even in the blockchain landscape. Those came to be commonly known as AI coins or AI coins. In 2023, dozens of AI coins emerged, spanning memecoins, DeFI, and general coins.
But the big question is, what are the top AI coins in 2024?
What Are AI Coins?
In the simplest of terms, AI crypto coins are a class of crypto assets designed to provide a merger between blockchain technology and artificial intelligence.
But what is Artificial Intelligence?
This concept was born during the age of technology, suggesting that computing devices have the general capacity to perform tasks usually done through human intelligence. This means that computers enjoy problem-solving capabilities akin to humans.
Now, back to AI coins.
AI coins are now fashioned to secure and power AI-focused projects built on blockchain networks. Their most fundamental role at conception is bolstering AI tech to improve general users’ usability, security and scalability.
Moreover, AI-driven crypto tokens afford holders governance rights, allowing them to participate in decision-making and enhance transactions.
The marriage between AI and blockchains births a new realm where both technologies thrive and reach their peaks independently while enjoying security, transparency and decentralization.
But how does AI operate?
Developers create and deploy AI algorithms on top of a blockchain network. These algorithms complete a crucial task of analyzing and learning from tokenized data. The fundamental idea behind launching AI coins is to bolster these blockchain records’ efficiency, trustworthiness, and auditability.
Why Are AI Crypto Coins a Good Investment?
Investment in AI projects affords users a wide array of advantages. It is almost impossible to fathom the peaks a merger of AI and blockchain can attain because of the vast applications and speedy growth associated with the technologies.
However, it is possible to foresee the benefits that AI crypto tokens will bring as an investment and technology.
- Investing in a few AI coins in your portfolio aids in diversification. You take advantage of emerging markets and enjoy the benefits.
- Secondly, most AI coins come with the extra advantage of decentralization. In essence, token holders can participate in governance votes.
- The Potential ROI associated with AI Coins is immense as these new technologies continue gaining adoption across various industries. Their impact on growth and innovation contributes to their rapid expansion.
Here are the Top AI Coins!
Injective $INJ
Top on our list in INJ. As the native coin of the Injective Ecosystem, INJ thrives among the most standout AI coins of 2024.
Injective has been a top player in the Cosmos Ecosystem, shredding records and setting new price targets in 2023 and 2024. The network is primarily a DeFI home. However, Injective is unlike Solana and Ethereum. It brings a new twist to DeFI – Interoperability.
Through Cosmos SDK’s power, Injective allows Dapps to interact with other assets in other chains. Moreover, its use of the Tendermint Consensus algorithm allows injective to offer near-instant transactions and top scalability, supporting many Dapps.
When writing this report, INJ, the native token of Injective, was trading at $41.3. Analysts predict the coin could surpass $200 by the end of 2025.
Fetch.ai FET
FET, the native coin of Fetch.ai, takes the second spot among the best AI coins to watch in 2024.
Fetch.Ai blends AI technology with the benefits of the blockchain universe in a mission to create a new digital economy. It brings the capability of creating autonomous agents (bots) representing services and devices that can make independent decisions.
Encoded at Fetch.AI’s DNA are bots capable of unique features, including personalized services like decision-making, problem-solving, streamlining data sharing, transactions, advanced analytics and even predictive modelling.
The most vital part of Fetch.AI is the native token FET. Positioned at 51 based on market cap rankings, FET has a price of $2.8. The coin surged since the end of 2023, moving from a low of $0.17 to the prevailing prices. However, there’s still a long way to go for this asset. As such, it’s a good investment asset for 2024.
The Graph
As a leading blockchain data querying and indexing network, Graph merges AI tech with the power of blockchain to bolster data accessibility. It simplifies the access to general data by organizing it into smaller subsets called subgraphs.
Operating on top of the Ethereum network, the Graph network launched its native GRT token, designed to deal with general service delivery.
Ranked top 50 on Coinmarketcap, GRT trades at $0.3 and maintains a reasonable market cap of $3.2 billion. It is among the AI coins to consider in 2024.
Render RNDR
Render is another network that has made significant headlines in the crypto space in 2024. The primary idea behind the Render network launch is to help meet the surging demand for GPU computing powers in different realms, including VR, AI, and media.
Primarily, Render provides a GPU marketplace where creators needing GPU can access more GPU resources from others with excess GPU. At the heart of Render is the native token RNDR, which essentially facilitates purchasing and selling these GPU resources.
Paal Ai
Paal AI is an advanced chatbot that uses artificial intelligence and machine learning technologies. The primary function of Paal AI is to allow developers to purchase and exchange AI models and related data sets more securely.
Encoded deep within the PaalAi network is the native token PAAL. Based on Ethereum, the crypto token PAAL has been a robust market player. It is one with the potential of 10x gains in the coming future.
Numerai
The stock market realm also enjoys the power of blockchain and AI.
Numerai is a project launched as a hedge fund based in San Francisco. The network leverages AI and ML technologies to predict stock market trends reasonably, influencing investment decision-making.
At the heart of the Numerai network is a native token called Numeraire (NMR), an ERC-20 token hosted on Ethereum. With a market cap of $293M and a unit price of $46, NMR will easily be a 10x token in the coming years.
Alethea.ai
Alethea AI is a blockchain network designed specifically for creators. It is capable of generating interactive AI characters and revolutionizing the realm of content creation.
Using this new platform, users can trade AI-generated content on blockchain networks.
As part of Alethea’s service offering is a native token called ALI, which essentially powers service delivery in the platform. It is primarily a governance token in the network.
ChainGPT
As a platform designed in 2023, ChainGPT integrated multiple AI tools into the blockchain universe. ChainGPT revolutionizes multiple sectors like NFT creation, smart contract development, and general market analysis.
CGPT is the native token of the ecosystem, and it aids in completing transactions, governance, staking and even exchanges.
Ocean Protocol
Ocean Protocol helps democratize data access, sharing and monetization. At the heart of this platform is a token called OCEAN, which helps power the network.
Worldcoin (WLD)
Perhaps the one crypto-focused AI token that will trend vastly in late 2023 and early 2024 is Worldcoin, WLD. Founded in 2019, the brainchild of Sam Altman, Alex Blania and Max Novendstern has been gaining vast attention in recent months.
Worldcoin leverages the iris biometric system to enable a more decentralized global ID system. The idea is to create a clear difference between humans and bots in the online realm.
WLD, the native token of this ecosystem, gained immense usage in 2023, soon after its launch. WLD traded at $9.8 when writing the report, and traders had high hopes for the coin.
Other AI Coins
The abovementioned coins are merely a drop in the vast sea of AI coins. Here are other AI coins to watch in 2024:
- SIngularityNet (AGIX)
- Orachain
- COvalent
- Internet Computer
- VAIOT (VAI)
- Oasis Network (Rose)
- Xai (XAI)
- GT Protocol (GTAI)
What Makes AI Coins Popular?
2023 saw a massive boom in the number of AI-focused crypto projects. With ChatGPT seemingly at its peak, many projects introduced AI solutions but now leverage blockchain tech. But what contributed to the actual popularity of these coins? Here are a few key considerations;
- They enjoy enhanced security through the combination of blockchain tech and AI
- AI coins can also be applied in many industries, including healthcare and finance.
- Cost reduction — through the automation of processes, the time and costs involved in transactions become relatively lower
- Data management — AI coins can enjoy secure storage systems through blockchain tech.
Final Word
The guide explored the realm of AI coins, which has recently gained buzz in the crypto sphere. These tokens are a simulation of human genius and blockchain technology. They aim to bolster innovation and efficiency in the blockchain realm.
Due to the genius of their making, AI coins are seen to have immense potential in the predicted 2024-25 bull run. A 10x, maybe 100x, is possible for some major AI coins.
