The Future of Finance: Best AI Cryptos to Watch in 2024
Explore our guide to know about the most promising AI-based cryptocurrencies standing to take the lead in 2024
Cryptocurrencies have grown in popularity in recent years , with a rising number of people investing in digital currencies such as Bitcoin and ethereum.
But what about cryptocurrencies powered by Artificial intelligence ?
As AI technology evolves and matures, it is transforming the way businesses invest money, develop new products, and improve consumer experiences-particularly when it comes to bitcoin investments.
Hivelance is a premier AI based Crypto development company, offers AI crypto solutions based on several blockchain networks which grows your business to get the revenue hype.
Lets see more about AI based Crypto in this blog
How do AI crypto work?
AI cryptocurrency projects often operate by adding AI technology into their blockchain networks in some manner. These projects can leverage AI in a variety of methods, such as generative AI, consensus algorithms, smart contract execution, and data analysis.
- To put it simply, developers can merge AI with blockchain technology to perform almost anything from recognising investment possibilities to automating operations with trained data.
- This creates a new and revolutionary platform for developers to construct applications and services which could lead to a more transparent and effective system.
AI crypto currencies are digital assets designed for sustaining AI applications. These AI cryptocurrency could be used to expedite network transactions or to grant holders governance privileges.
Advantages of using AI in crypto trading
The following are the key advantages of using AI in crypto trading:
- Massive volumes of data that need to be sifted
- Insights into cryptocurrency monetization
- Learning potential
- Identifying the ideal business partners
- Sentiment analysis of the bitcoin market
Top AI Crypto To Invest In 2024
#1 The Graph (GRT)
A cryptocurrency initiative called the graph seeks to develop a decentralized framework for indexing and searching data from blockchain networks. The graph aims to remove the need for centralized middlemen by letting developers quickly access and search blockchain data. And the platform accomplishes this using AI to enhance the precision of search results and optimize the indexing process.
Though, the wider crypto bear market since then has been detrimental to the digital asset. However , the price of GRT tokens has climbed about 200% since the start of 2024, and at the time of writing. The graph tokens are trading at about $0.15
#2 Injective protocol (INJ)
Injective is a blockchain created exclusively for the financial industry. The next generation of DeFi services, including decentralized spot and derivatives exchanges, prediction markets, lending protocols, and others, are powered by the open and interoperable layer-one blockchain.
All financial markets, including spot, perpetual, futures, and options, operate wholly on the blockchain. The non-EVM chains Solana, IBC-capable blockchains, and ethereum are all compatible with the decentralized cross-chain bridging architecture.
An open and permissionless network called Fetch.ai(FET) leverages AI to create a decentralized machine-learning system to handle blockchain related jobs. Fetch.ai is a blockchain based AI network. It is an interchain protocol that provides a free, open, and decentralized foundation for automating peer to peer applications without the need of human interaction.
By incorporating cutting-edge technologies like DAG(direct acyclic graph) and smart contracts, Fetch.ai aims to create a unique value proposition for a variety of stakeholders.
#4 Ocean Protocol (OCEAN)
A protocol called Ocean protocol is open-source and claims to make data sharing and monetization easier for businesses and individuals. By transforming data into “datatokens” and storing them on the blockchain, the protocol provides a dataset tokenization service. The ethereum network is used by the protocol.
Datasets can now be bought, sold, or traded on Ocean’s data marketplace due to the process of data tokenization. Each and every piece of data is secure due to the use of blockchain technology. OCEAN tokens are now being sold for about $0.35 each.
#5 iExec RLC (RLC)
iExec RLC is an innovative, decentralized initiative that aims to create a distributed cloud computing infrastructure powered by blockchain technology. This AI cryptocurrency initiative seeks to give users access to a straightforward and secure marketplace where they can lease or share computer resources, such as processing power and storage.
Through the use of a decentralized architecture, iExec RLC facilitates access to cloud computing services, fostering increased innovation and effectiveness in the industry.
#6 SingularityNET (AGIX)
Programmers can trade AI algorithms and services through a decentralized network called SingularityNET. It aspires to grow into a market for services related to AI. SinguarityNET has made it simple for developers, researchers, and companies to utilize AI services.
It also enables AI developers to collaborate and share expertise to create more complex and advanced AI applications. Payment for AI services is made using the platform's native cryptocurrency, known as AGI. Developers are urged to offer their algorithms and services in exchange for the AGI coin.
#7 Render (RNDR)
In order to revolutionize the process of creating digital content, Render Token is an AI cryptocurrency project that has built a network to deliver decentralized GPU-based rendering solutions. Thus, it makes an effort to make use of blockchain technology to give digital artists access to powerful computers and processing units in a quick and secure manner so they can complete challenging rendering tasks.
A decentralized cryptocurrency project called Cortex (CTXC) aims to build an advanced artificial intelligence (AI) platform on the blockchain.The fundamental goal of the project is to employ blockchain technology to improve accessibility of AI and promote international collaboration among AI researchers, developers, and consumers.
The Cortex project stands out for its innovative integration of blockchain and artificial intelligence. Cortex assures that AI models and AI algorithms may be openly viewed and validated, fostering trust and collaboration among participants by providing a decentralized and transparent platform for AI development.
The above are the top AI cryptos to invest in the market which shows a hype on your project and business to target the huge number of audience.
Familiar blockchain network to build AI-based Crypto
Popular blockchain networks to build AI based cryptos are
- Injective protocol
- Ocean protocol
Why choose Hivelance ?
Hivelance is a pioneer in developing AI based cryptos, offering AI based crypto blockchain solutions. By the time we get to the finish, it will be clear that many of the leading AI-blockchain ventures are still in the planning stages. There are, however, a ton of more examples showing how blockchain may be used for AI across different industries.
We are the best choice to showcase your idea and secure the project if you want to develop AI crypto solutions. You should start by investigating blockchain.