AI tokens are booming

AI crypto continues to captivate investors’ attention with its rising volume in the crypto scene. Driven by machine learning technologies and modern AI has made crypto AI a reliable source to bet on. Over the past week, several AI tokens have seen their trading volume reach unprecedented levels.

Top AI tokens really illustrate the rise of tokens. The performances of RENDER, Bittensor (TAO), and Worldcoin (WLD) have set them as the main players in the AI platform. RENDER weekly trading volume was $2.20 billion, thus placing itself at the top of AI cryptos. However, despite this positiveness, its price dropped by 14.2% that same week. With a market capitalization of $2.8 billion, RENDER still remains a key player but this volatility worries investors about its short-term stability.

Medium-sized AI cryptos like Artificial Superintelligence Alliance (FET) and IO also made headlines. The FET known for its decentralized machine learning saw its volume reach $1.6 billion. However, the asset price fell by 11% making its capitalization $3.5 billion. FET is also actively launching new products and is planning big ideas for the future. Meanwhile, IO, a still-unknown but rapidly developing token, saw its weekly volume settle at $370 million, despite a 14.6% loss of value. It has low capitalization compared to others which hesitates investors into buying it, but some risk-takers have been investing constantly.

The smaller cryptos such as Delysium (AGI), Masa (MASA), Akash Network (AKT), Turbo (TURBO), and TARS AI (TAI) also show huge potential in being big. Especially with TURBO going on a constant increase over the past week and continuing its momentum this week.

Anmol Khatiwada

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