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AI Tokens Surge Up to 35% in 24 Hours, Outperforming Broader Crypto Market

AI Tokens Surge Up to 35% in 24 Hours, Outperforming Broader Crypto Market

CointimeCointime2024/06/20 09:43
By:Cointime

Tokens related to artificial intelligence (AI) technology experienced a surge of up to 35% in the past 24 hours, outperforming the broader crypto market. This growth in AI token prices coincided with a rise in Nvidia's stock, which became the most valuable company globally, indicating a growing interest in AI-related technologies. Fetch.ai’s FET, SingularityNET’s AGIX, and Ocean Protocol’s OCEAN were among the leading tokens in the AI sector, with an average growth of 15%. While some researchers remain skeptical about the true usage of complex AI technology in blockchain projects, traders have predicted that the sector will lead gains in the next crypto market.

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