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Top 10 Artificial Intelligence (AI) Cryptocurrencies – Forbes Advisor Australia

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Top 10 Artificial Intelligence (AI) Cryptocurrencies - Forbes Advisor Australia

AI cryptocurrencies are tokens that power AI blockchain platforms such as The Graph and SingularityNET. Users spend tokens to use the platforms and the benefits of their integrated artificial intelligence.

We looked at the top 10 AI-powered crypto projects based on their market caps, exploring how AI is implemented and the unique value it brings to each platform.

1. Rendering (RNDR)

Market capitalization: 3 billion dollars

Render Network is a decentralized platform that connects artists and creators with powerful computing resources to help them create high-quality 3D graphics and animations. The platform allows people to pool unused computing power, which can then be used by paid creators. The platform uses its own cryptocurrency, RNDR, to reward users who contribute their computing power and to facilitate transactions within the network. With applications in fields such as gaming, virtual reality, and the metaverse, Render Network makes it easier for artists to create visual content without the need for expensive hardware.

RNDR was trading at $7.92 as of April 20, 2024, down from its recent peak of $13.60 in March.

2. Bitensor (TAO)

Market capitalization: 2.9 billion dollars

Bittensor aims to create a neural internet by revolutionizing the development of machine learning platforms. The project is creating a peer-to-peer marketplace for artificial intelligence where AI models can combine their intelligence, essentially creating a “digital hive mind.” This innovative and decentralized method is designed to enable rapid expansion and sharing of knowledge between AI systems.

As of April 2024, TAO was trading at $442, down from its recent peak of $676 earlier in the month.

3. The graph (TSL)

Market capitalization: 2.46 billion dollars

The Graph is a protocol for indexing and querying data from blockchains in a similar way to how Google indexes and queries data from websites. Indexing blockchain data can be challenging, but The Graph aims to change that by organizing data into smaller “subgraphs.”

He is native, Cryptocurrency based on EthereumGRT, was trading at US$0.26 as of April 20, 2024, down from a peak of US$2.34 in February 2021.

4. Theta Network (THETA)

Market capitalization: 2 billion dollars

Theta Network is a decentralized blockchain platform that combines Theta Blockchain and Theta Edge Network to provide an infrastructure for artificial intelligence, media and entertainment applications. Theta Blockchain supports smart contracts and is compatible with Ethereum Virtual Machine (EVM), while Theta Edge Network offers distributed GPU computing power for various tasks. Theta uses a dual token system, with THETA as the governance token and TFUEL as the operational token. The platform is supported by a network of enterprise validators and partners from the technology and entertainment industries.

As of April 20, 2024, one THETA token was trading at $2.08 and the operating token of the TFUEL project was at $0.087.

5. Recover AI (FET)

Market capitalization: 1.8 billion dollars

Fetch.ai is a blockchain-based artificial intelligence and machine learning platform. Fetch.ai is focused on automating business tasks such as data processing and trading. Its native cryptocurrency, FET, is used to pay for transactions on the network. Fetch.ai recently proposed a merger with SingularityNET and Ocean Protocol, which is currently in the approval process. The three-way merger has been dubbed the “Artificial Superintelligence Alliance,” and if it goes ahead, tokens from all three projects will be merged under the single “ASI” token.

As of April 20, 2024, FET was valued at $2.16, down from a peak of $3.47 last month.

6. SingularityNET (AGIX)

Market capitalization: 1.13 billion dollars

SingularityNET is a blockchain platform that allows anyone to create, share and monetize artificial intelligence services. It features an internal marketplace where users can browse and pay for AI services in the platform’s native cryptocurrency: AGIX.

Developers can earn money from AI solutions and models without having to fully create and develop apps for end users. Likewise, developers can purchase AI solutions and models to use in their applications.

SingularityNET is part of the proposed three-way “Artificial Superintelligence Merger” merger with Fetch.ai and Ocean Protocol.

AGIX was worth $0.88 as of April 20, 2024. In January 2018, AGIX had peaked at $1.85.

7. Akash Network (AKT)

Market capitalization: $902 million dollars

Akash Network is a decentralized cloud computing platform that uses blockchain technology to create a marketplace for buying and selling idle computing resources. The platform aims to provide a cheaper and more flexible alternative to traditional centralized cloud providers. Users can deploy and manage applications on the decentralized network, with transactions facilitated by the native AKT token. The token also serves to reward network participants and govern the platform.

AKT was worth $3.86 as of April 20, 2024, down from a peak of $8.08 in 2021.

8. Echelon Prime (PRIME)

Market capitalization: 699 million dollars

Echelon Prime is a gaming ecosystem that integrates blockchain technology and artificial intelligence to enhance the gaming experience. The platform supports game development studios and projects by providing the tools and infrastructure needed to incorporate AI-based features and blockchain-based token incentives into their games. One of the key games within the Echelon Prime ecosystem is “Colony,” which heavily utilizes AI agents in various aspects of the game, creating a unique and dynamic gameplay environment.

Echelon Prime’s native token, PRIME, is used for token incentives and governance voting within the ecosystem, allowing players to have a say in the development and direction of AI-powered games like “Colony.” PRIME was worth $19.54 as of April 20, 2024, down from a peak of $28.08 last month.

9. AIOZ Network (AIOZ)

Market capitalization: 189 million dollars

AIOZ Network is a blockchain created to be a complete infrastructure solution for Web3 storage, decentralized artificial intelligence and content distribution. The blockchain is interoperable with both Ethereum and Cosmos-based blockchains. The goal of the project is to create a content delivery network, which is a set of geographically dispersed servers that work together to provide Internet users with a seamless experience when accessing digital content.

AIOZ’s price was $0.17 as of January 3, 2024, down from its April 2021 all-time high of $2.17.

10. Ocean Protocol (Ocean)

Market capitalization: 300 million dollars

Ocean Protocol is an Ethereum-based platform that allows businesses and individuals to exchange and monetize data and data-driven services. This could involve making the data available to researchers and startups without the data being handed over by the data owners.

Ocean trades at $0.52 as of January 3, 2024, down from its April 2021 peak of $1.94.

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We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Donald Trump-Related Crypto Tokens Surge as Former President Survives Assassination Attempt

TokenTalk Staff

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Donald Trump-Related Crypto Tokens Surge as Former President Survives Assassination Attempt

In short

Several cryptocurrency tokens associated with the former US president who was shot earlier today have soared in value as he survived the assassination attempt.

According to more recent sources, the man has reportedly been released from a local hospital and is returning to New Jersey.

The cryptocurrency industry has its controversial moments, and the constant creation of tokens tied to global events is one of them.

The ongoing battle for absolute power in the United States between Republican candidate and former President Donald Trump and the current 46th President, Joe Biden, has allowed developers to create several tokens related to both, whose value is often influenced by the events surrounding them.

Crypto-potato reported before the notable price fluctuations of the largest-cap cryptocurrencies that followed the shooting, which led to impressive gains for BTC, SOL, and others.

However, Trump-related tokens have seen even more significant increases. This is perhaps due to the failed assassination attempt and Trump’s reaction immediately afterward, when he stood up and raised his hands in a rather spectacular manner.

As a result, MAGA (TRUMP) skyrocketed over 30% after the news broke. Despite a slight retracement since then, the token is still up 26%, its market cap has risen to $370 million, and it is currently the 167th largest crypto asset.

Another coin, (Donald Trump – TRUMP2024), created primarily for the ongoing presidential battle, has surged 40% in the same time frame. DONALD TRUMP (DONALD) is another example of developers trying to capitalize on the current craze. So far, it seems to be working, as it has surged 35% on the day.

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Top 3 Undervalued Tokens Growing 10x This Year!

TokenTalk Staff

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Top 3 Undervalued Tokens Growing 10x This Year!

The cryptocurrency market has shown increased price volatility this week, highlighting increased buying and selling pressure in the cryptocurrency space. Additionally, major tokens have successfully retested their important support levels, indicating a potential bullish price action in the near future.

On the other hand, mid-cap and small-cap altcoins have seen the highest gains, indicating growing investor interest in these crypto tokens. Are you considering investing in undervalued small-cap altcoins for the next bull rally?

Read on because in this article we have covered the top 3 altcoins that are currently trading at significant discounts to their all-time highs, but have solid long-term fundamentals.

Serial Number (MDX):

Built on the HECO chain and launched in January 2021, the Mdex project is an Automated Market Making (AMM) exchange protocol. It is decentralized and works on the concept of pooled funds. Specifically, it uses a dual chain and can also operate on the Ethereum network.

TradingView: MDX/USDT

Notably, MDX price has increased by 129.91% in a day and 132.05% in the past week. This highlights a growing bullish sentiment for the altcoin. Furthermore, with a market cap of $75.215 million, it has secured the 410th position.

The technical indicators SMA and RSI have seen a sharp increase, indicating increased buying-selling pressure in the cryptocurrency sector.

Furthermore, Mdex price is currently discounted by over 99% from the previous all-time high of $10.06 and with strong fundamentals, this altcoin could see a price surge in the near future.

Renzo (REZ):

Renzo is a Liquid Staking token and strategy manager on EigenLayer and is based on the Ethereum chain. Offering a higher yield than ETH staking, it is the interface to the EigenLayer ecosystem and AVS protection.

TradingView: REZ/USDT

With a trading price of $0.0658, a circulating supply of 1.15 billion, and a total supply of 10 billion, Renzo price has secured the 409th position with a market cap of $76,430 million.

The SMA indicator is showing a bullish convergence in the 1D time frame, indicating a strong bullish outlook in the cryptocurrency market. The MACD has been steadily rising in the green histogram with its averages showing a positive crossover. This indicates a positive outlook for the REZ price.

Horizon (ZEN):

A zero-knowledge network-enabled blockchain powered by the largest node infrastructure in the industry, the Horizen project is truly unique. Its interoperability is enabled by the Zendoo protocol. Horizon’s native token “ZEN” is a mineable PoW coin and is listed on all major exchanges.

TradingView: ZEN/USDT

ZEN price continues to trade under bullish price action adding 14.91% to its portfolio in the last day and 23.15% in the last week. Furthermore, it is up 53.62% in the last 30 days and has recorded a Year-to-Date (YTD) return of 31.52%.

With a trading price of $11.35, a circulating supply of 15,204,481 tokens, and a maximum supply of 21 million tokens, it has successfully secured the 237th position in the global cryptocurrency ranking with a market capitalization of $179.56 million.

If the market continues to trade with a bullish sentiment, Horizen price will prepare to head towards its all-time high (ATH) in the coming months. However, a bearish price action could push ZEN coin price towards its low of $7.85.

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TokenTalk Staff

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NFTs – Decrypt

Italian: https://news.google.com/./articles/CBMiVGh0dHBzOi8vZGVjcnlwdC5jby8yMzk2OTIvYml0Y29pbi1wcmljZS1jbGltYnMtdHJ1bXAtbWVtZS1jb2lucy1zdXJnZS10cnVtcC1hdHRhY2tlZ NIBWmh0dHBzOi8vZGVjcnlwdC5jby8yMzk2OTIvYml0Y29pbi1wcmljZS1jbGltYnMtdHJ1bXAtbWVtZS1jb2lucy1zdXJnZS10cnVtcC1hdHRhY2tlZD9hbXA9MQ?hl=it-IT&gl=IT&ceid=IT%3Ait

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Crypto: Bitcoin ETFs Herald a Less Febrile Token in the Long Term, Traders Say

TokenTalk Staff

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Crypto: Bitcoin ETFs Herald a Less Febrile Token in the Long Term, Traders Say

Bitcoin began the week with a slump that fueled fears of outflows from dedicated U.S. exchange-traded funds. Instead, dip buyers poured money in, a pattern that some say points to a less volatile token in the long run.

A net $737.5 million was added to the 11 ETFs in the four days through Thursday, stabilizing Bitcoin near $58,000 after a dip to $53,602 on July 5, driven by sell-offs of seized tokens and fears of divestments by creditors of the failed Mt. Gox exchange.

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