Best AI crypto coins unveiled: A complete guide
Before turning to our list of the best AI crypto coins, let's understand what artificial intelligence is.
AI continues to take the world by storm. Contrary to what many people say (and what the news suggests), AI is not here to 'replace' people.
While AI will end up replacing millions of human jobs in 2023 alone (low-wage jobs in particular), it will force people to upskill and keep up with the latest technological trends, eventually doing much more good than harm - stagnation kills.
An AI revolution is brewing, and the cryptosphere is no exception to its wrath (overdramatic much?).
AI coins, in particular, are the talk of the town. These crypto assets use artificial intelligence to enhance security, scalability, and user experiences within blockchain networks. AI can be trained to identify investment opportunities, analyse market trends, detect illicit activities, and much more.
Hence, AI crypto coins find application in AI-driven projects based on portfolio management, market predictions, decentralised marketplaces, etc. It is safe to say that the potential for AI in the cryptosphere is sky-high. Read on to learn about the best AI crypto coins on the market today.
Best AI crypto coins
Here are the five best AI crypto coins in no particular order:
- SingularityNET (AGIX).
- Render (RNDR).
- Oasis Network (ROSE).
- The Graph (GRT).
- Injective (INJ).
## SingularityNET (AGIX)
AGIX is, without a shadow of a doubt, one of the most in-demand AI crypto coins on the market today. AGIX is the native token of SingularityNET, an ecosystem based on AI and Artificial General Intelligence (AGI).
The ecosystem’s goal is to create a beneficial, inclusive, democratic, and decentralised AGI. AGIX plays an instrumental role in facilitating ecosystem transactions.
According to CoinMarketCap data, AGIX is trading at $0.1776 at the time of writing (to remain consistent through this article). The AI cryptocurrency has a market cap of over $200M, a 24-hour trading volume of nearly $40M, a total supply of just over 1.30B, and a maximum supply of 2B.
You can purchase AGIX on popular crypto exchanges such as Binance, KuCoin, and Uniswap.
RNDR is the native asset of Render Network, an Ethereum-based GPU network that revolves around motion graphics, VFX rendering, and animation. The cryptocurrency serves as a utility token within Render Network.
The distributed GPU rendering platform was launched in 2017 and enables artists to scale next-gen rendering work efficiently and cheaply.
RNDR is currently trading at $1.43. The crypto asset's market cap is more than $500M, with a 24-hour trading volume of nearly $50M, a circulating supply of almost 372M, a total supply of approximately 531M, and a maximum supply of close to 537M.
Oasis Network (ROSE)
Oasis Network is a Layer 1 (L1) blockchain prioritising privacy, security, and versatility. The L1 promises "smart privacy" - according to its website, to build better decentralised applications (DApps), smarter privacy is the need of the hour.
The L1 is built keeping developers in mind, enabling them to craft confidential DApps with ease. The network's modular architecture allows superior security, low gas fees, and high throughput.
Recently, Oasis Network announced an ecosystem fund amounting to a whopping $235M. This fund will help support like-minded projects on the L1, fostering innovation and growth within the ecosystem. Exciting times!
ROSE, the native crypto of Oasis Network, fuels the ecosystem.
ROSE is currently worth $0.04133. The cryptocurrency’s market cap is a solid $236M, with a 24-hour trading volume of over $26M, a circulating supply of more than 5.72B, a total supply of 10B, and a matching maximum supply of 10B.
You can easily purchase ROSE at Binance, KuCoin, and Coinbase.
The Graph (GRT)
The Graph is an open-source, decentralised protocol that leverages distributed ledger technology (DLT) to collect data, thereby eliminating intermediaries.
This protocol is designed to organise and index data efficiently. Simply put, The Graph indexes and organises blockchain data like Google indexes the worldwide web.
To tackle the challenges of indexing blockchain data, The Graph utilises Subgraphs (Open APIs on The Graph) to retrieve blockchain data efficiently. The protocol's native crypto asset, GRT, is utilised for resource allocation within the network.
GRT is available for purchase at $0.08947. The AI crypto coin's market cap is nearly $820M, with a 24-hour trading volume of almost $63.50M, a circulating supply of approximately 9.15B, and a total supply of more than 10.72B. The token's maximum supply is infinite!
Buy GRT at Binance, Coinbase, and KuCoin.
Injective is a “blockchain built for finance”. The L1 enables developers to build top-notch financial applications, with revolutionising smart contracts, pioneering interoperability, customised decentralised finance (DeFi) solutions, and formidable security.
Backed by the likes of Binance and Mark Cuban, keep an eye on Injective and, in particular, the L1's native asset, INJ, which is one of the few cryptocurrencies experiencing a green wave at the time of writing!
INJ is currently trading at $7.64 and can be bought on Binance, KuCoin, and Coinbase.
Author: Surajdeep Singh
Surajdeep Singh has been working in the tech sphere as a marketing guru and journalist for over 6 years, with his speciality laying in blockchain and Web3. He has donned several hats in marketing and journalism over the years and worked with many reputable brands. Feel free to reach out to him on LinkedIn!