Quotes of AI Tokens Grew 185% in 3 Months

According to on-chain analytics, the value of tokens related to AI-based blockchain projects grew significantly over the past three months, outperforming most other sectors of the crypto market.

Binance Research reports that the quotations of six digital coins of AI blockchain projects rose by an average of 185% between October 2023 and January 2024.

The study found that the returns of AI tokens outperformed most other sectors of the crypto market. During the study period, DeFi protocol tokens soared by an average of 87%, tokens of GameFi projects by 109%, and real-world asset (RWA) tokens by 145%. Only tokens of Ethereum Layer 2 protocols were more profitable, growing by 221% in three months.

It’s worth noting that analysts didn’t include meme coins in the study, as their relatively low market cap overstates the growth percentage.

AI project tokens managed to surpass the performance of Bitcoin and Ethereum, which also showed active growth over the past three months. In total, native tokens of Layer 1 protocols rose in price by 184% during the study period.

Moreover, the annual performance of AI tokens was higher than that of BTC and ETH, which increased in value by 150% and 44%, respectively. At the same time, the annual growth of coins associated with AI blockchain projects ranges from 200% to 650%. Analysts at Binance Research highlighted the dynamics of the annual growth in the value of these AI coins:

• Fetch (FET) by 659%;
• SingularityNET (AGIX) by 616%;
• The Graph (GRT) by 222%;
• Ocean Protocol (OCEAN) by 215%;
• Bittensor (TAO) by 191%.

Moody’s Investors Service analysts revealed how AI adoption could transform entire sectors of the economy.

Сообщение Quotes of AI Tokens Grew 185% in 3 Months появились сначала на CoinsPaid Media.