According to data from [CoinMarketCap](https://coinmarketcap.com/currencies/fetch/), the Fetch AI crypto token, FET, was showing signs of recovery in September. 

After a strong start to the year, hitting a 2023 high of $0.5441 in February, FET’s value plunged in June. Since then, it has been gradually climbing, although it remains well off its all-time high of $1.19 in September 2021. 

So, does FET have a future? 

## Fetch AI explained 

The [Fetch AI platform](https://fetch.ai/) was founded by game developer and producer Toby Simpson, Deepmind AI firm investor Humayun Sheikh, and advanced machine learning professor Thomas Hain six years ago. 

It is an open-access decentralised machine learning blockchain-based protocol created to grow the digital economy without the interference of humans. Services and devices are connected to the Internet of Things by the network, which also facilitates the involvement of other agents, including people. 

It offers an infrastructure and tools to support the development of DeFi (decentralised finance) based on AI. Fetch AI provides solutions through data sharing and intelligent machine learning, which can be easily deployed in multiple sectors, such as supply chains, smart homes, and transport. 

## How does it work? 

There are three main elements used to develop the infrastructure and tools needed to create an AI-based autonomous economy. These are the Open Economic Framework, Autonomous Economic Agents, and the Fetch Smart Ledger. These three form the network, which is powered by AI and machine learning. 

Open Economic Framework – this is where all the information and data that agents can use is stored, enabling connectivity between Autonomous Economic Agents (AEAs). This layer and its nodes are where agents source information, receiving token rewards for mediation. 

Autonomous Economic Agents – Essentially, AEAs are digital citizens in the Fetch AI ecosystem, representing individuals, organisations, services, and devices on the network, where they can leverage the predictive nature of the systems. Thanks to machine learning and AI, there is the opportunity to learn from past mistakes and create more efficient solutions. This enhances the performance of systems via artificial intelligence. 

Fetch Smart Ledger – The ledger is where all network transactions are collected and processed through sharding. It is an innovative blockchain-based structure combining distributed ledger technology and a directed acyclic graph. 

## Is Fetch AI unique? 

The combination of multiple technologies, such as DLT, DAG, AI, machine learning, and smart contracts, has led to Fetch AI being considered unique. That and the AI-enabled use cases it supports. 

The project basis is allowing users to develop a digital decentralised economy that grows with the multi-utility network. It can be applied in many sectors and industries, including supply, smart cities, travel, commodity exchanges, and, of course, DeFi. 

## Fetch AI crypto token 

The potential value of the Fetch AI project comes from its technology, use cases, and operation through the functions and tools made available. 

Central to the project is the Fetch AI token, FET. This multi-purpose native token is used to reward and enable node operators as well as giving access to operations on the network. It is, of course, the chief payment method on the network. 

Given the potential of blockchain-based [AI projects](/news/article/ai-crypto), FET has an intrinsic value, as it is the currency of the network. However, intrinsic value is not always reflected in market value. This can sometimes be the result of cryptocurrency market fluctuation, as well as sentiment. 

As anyone who watches the markets knows, FET, like other cryptocurrency tokens, has been subject to radical value changes that have seen prices spike and dip in short periods. 

As with many cryptos, there is a limited supply of the token, and scarcity can help attract greater value. 

In mid-September, the total supply of FET was 1,152,997,575, with 812,995,921 in circulation. You can calculate the market cap of the token by multiplying the tokens in circulation by the current market price. Or just visit a site like [CoinMarketCap](/news/article/coin-marketcap-analysis)! 

## FET future 

According to [AMBCrypto](https://ambcrypto.com/predictions/fetch-ai-price-prediction), the long-term prospects for the Fetch AI crypto token do not look good until the end of this decade. 

Taking into account historic price action, social sentiment, and current developments, the analysis platform predicts FET’s price will remain under the $1 level until 2030. 

It assesses that FET will slump in value next year, with a predicted highest price of $0.21. A marginal improvement in 2025 will take it to a year-long high of $0.28. 

The following year could signal the start of a recovery, with FET achieving a high of $0.39 in 2026, rising to $0.53, close to this year’s high, in 2027. As we round out the decade, the Fetch AI crypto token could see highs of $0.72 and $0.99 in 2028 and 2029 respectively. 

AMBCrypto predicts FET will see a surge as we begin the 2030s. It assesses the potential high for the Fetch AI crypto being $1.36 in 2030, and $1.85 the following year. Looking further ahead, FET could achieve highs of $2.53, $3.45, and $4.70 in 2032, 2033, and 2034 respectively. 

Of course, like all price predictions, there are no guarantees that these figures are correct. Any number of variables could impact on the future value of FET, so it is vital that you conduct your own independent research. 



Does Fetch AI Crypto Have a Future? 

Do you remember the Tom and Jerry episode featuring Robocat, a robot cat meant to replace Tom? Well, the future is now, but with robot dogs. 

James Howells, an IT systems engineer and resident of Newport, accidentally threw away a hard drive with nearly 80,000 Bitcoin ([BTC](/news/article/cz-binance-founder)), equivalent to almost £168M at the time of writing. 

The incident occurred in 2013, and for ten years, Howells has been in constant dialogue with the Newport City Council to help him retrieve his lost crypto fortune, but to no avail. The council refuses to permit him access to the landfill site. 

Howells has had enough. He plans to retrieve his BTC from the site using AI-powered mechanical arms and robot dogs for security (to drive away scheming thieves). 

## Robot dogs and AI: what is Howells' plan? 

While the [Sony Aibo](https://us.aibo.com/) is as cute a rendition of a puppy as it gets, Howells does not intend his robot dogs to be cute and fluffy. Think of the robot dogs he intends on employing to retrieve his Bitcoin to look and behave more like the robotic guard dogs featured in the Metalhead episode of Black Mirror - fierce. 

It all started in 2013 when Howells placed the hardware from an old laptop, containing a whopping 80,000 BTC, in a black trash bag in his hallway. He was doing a "clear-out" of his "office" and "put a lot of items" into the black trash bag. 

His ex-partner, bless her soul, took the bags to the landfill site the next morning. Howells refuses to blame his ex-partner and says she was doing him "a favour". Better communication could have gone a long way in avoiding this mishap. 

Over the past decade, the Newport City Council has refused Howells access to the landfill site. In a last roll of the dice, he has employed a legal team who recently wrote to the local authority seeking legal access to the site. 

If this ploy bears fruit, Howells will utilise an AI-operated mechanical arm to sort the enormous piles of rubbish. The rubbish will then be sifted through by hand to retrieve the lost hard drive. He also plans on using robot dogs as a security measure to drive away opportunistic thieves. 

Howells has already employed a team of data recovery and environmental health experts to lead the charge. He will cover all costs related to the search and, if successful in recovering his lost Bitcoin (provided he is legally allowed to access the landfill site in the first place), has a noble cause in mind. 

## Newport: UK’s first crypto hub? 

A quarter of the areas in Newport, a city in Wales, are among the most deprived 10% in the country. If successful in his recovery mission, Howells intends to give 160,000 Newport residents £50 each in Bitcoin. 

While this will not solve the underlying problem of deprivation, “the idea is then people will have to learn how to use” the cryptocurrency, and this education will “help them” in the long run. 

Howells will also set up a blockchain education centre where anyone can come to have a face-to-face chat with an expert to learn about crypto. He feels learning about new technology, such as [blockchain](/news/article/bitcoin-bank) on your phone or laptop, can be daunting, and having somebody to teach you the basics in real life is ideal. 

Finally, Howells will also install crypto point-of-sales devices at strategic locations. This will enable the local community to use c[rypto on a day-to-day basis](/news/article/how-to-invest-in-bitcoin-uk). 

According to him, this will "get a crypto economy going in South Wales". For a single man to drive such change in the crypto world is unheard of. 

It is to be seen whether Howells will be granted his wish. Legal action was Howells' last resort, and if the judge on duty refuses his request, his dream will be all but over. 

Howells' cause is noble. Let us hope for the best! 

Robot dogs and AI to recoup £168M BTC from landfill? 

Vectorspace AI ([VXV](https://coinmarketcap.com/currencies/vectorspace-ai/)) is the native asset of Vector Space Biosciences, a project that aims to detect the hidden relationships in data to power and speed up novel discoveries, hypotheses, interpretations, and new insights in space to benefit humanity.  

Launched in 2018, the company comprises a network of bioscience and computational laboratories in addition to advisors from the extensive scientific field, including capital markets, general life sciences, and space biosciences. These experts share a common interest in the growing Machine Learning (ML) and AI sectors. 

VXV is the cryptocurrency that reflects the image of the company in the decentralized finance (DeFi) space. Over the past two years, the digital currency has not fared well compared to other [crypto ](/news/article/is-crypto-dead)assets, and it is not in good standing compared to other AI-powered tokens. 

Let us examine the possibilities of the asset and whether new partnerships can reflect positively on its value.  

## Is Vectorspace AI benefitting from partnerships? 

Yes, the digital currency has been benefitting from partnerships in 2023, although the gains have been short term. 

VXV has been on a downward spiral since it reached an all-time high (ATH) price of [$35.93](https://coinmarketcap.com/currencies/vectorspace-ai/historical-data/) during the peak of the markets in November 2021. 

VXV followed the rebounding of AI tokens in February after it rose to a yearly peak of $1.2627 on 7 February. At the time, the token had risen by 338% from its opening day price of $0.2884 on 1 January. 

Unfortunately, the digital asset is down by more than 70% from the year's high and up by 6% year-to-date (YTD). 

The decline in value YTD has come despite partnerships with some mainstream corporations.  

On 23 May 2023, Vector Space Biosciences announced that it has [partnered ](https://www.businesswire.com/news/home/20230523005963/en/Vector-Space-Biosciences-Oracle-Develop-Language-Models-to-Advance-Human-Spaceflight#:~:text=Vector%20Space%20Biosciences%2C%20along%20with,leverage%20advanced%20language%20modeling%20techniques%20%E2%80%93)with Oracle, a computer technology company that specializes in cloud applications and cloud platform services, to develop what it called a large language modeling and visualization application as part of its mission of advancing space biosciences.  

VXV opened the day at $0.3522, reached an intraday high price of $0.3652, tested an intraday low price of $0.3521, and closed the day at $0.3646.  

The [crypto token](/news/article/is-crypto-regulated-across-the-globe) closed the fifth month of the year with a relatively higher price of $0.4149. Overall, VXV went up by 10% in May.  

## Vectorspace AI: What is the latest?  

On 16 August, 2023, its parent company [announced](https://www.businesswire.com/news/home/20230816037245/en/Vector-Space-Biosciences-Files-for-Registration-for-Space-Launch-of-Biological-CubeSats) that it had begun a filing process for licensing and registering biological CubeStats. 

This will play a valuable role in enabling pharmaceutical, biological, and advanced materials companies to contribute to the advancement of the space industry.  

While the token did not respond strongly to the announcement, disclosure of the company obtaining the full license could lead to a spike in its price.  

VXV, unlike AGIX, Fetch.ai (FET), and other tokens under AI, has not seen the same levels of investor interest ([trading](/news/article/trading-212-guide) volume).  

The token saw a daily trading volume between $20,000 and $165,000 in August. This cannot be compared to the millions of dollars its direct competitors have seen on cryptocurrency exchanges. 

Can New Partnerships Drive Vectorspace AI Price? 

AI tokens have been trending over the past eight months due to the impact artificial intelligence products have had on global markets. 

While AI has been with us for years, 2023 has seen it penetrate all spheres of the global economy, with many countries, like [India](https://indiaai.gov.in/news/meet-soundarya-south-india-s-first-ai-news-presenter-by-power-tv) and [China](https://www.cnbc.com/video/2018/11/09/worlds-first-ai-news-anchor-debuts-in-china.html#:~:text=China's%20state-run%20news%20agency,desk%2024-hours%20a%20day.), introducing AI-powered anchors and newscasters. 

While AI has been well-received by many companies in the entertainment industry, many actors and screenwriters have expressed dissatisfaction, culminating in [strikes](https://apnews.com/article/artificial-intelligence-hollywood-strikes-explained-writers-actors-e872bd63ab52c3ea9f7d6e825240a202) in July.  

Despite the threat AI poses, it has many advantages that can simplify the nature of work. The [crypto](/news/article/is-crypto-dead) market has been trading far below the all-time lows of 2021, but the addition of assets powered by AI companies has led to a significant rebound. 

Let us examine what they are and the impact they continue to have on the DeFi (decentralized finance) sector. 

## What are AI tokens? 

Derived from a combination of cryptocurrency and AI, they play an integral role in driving user experience, scalability, security, and many factors in the growing artificial intelligence sector. 

Due to being housed in blockchain, the possibilities of this technology enable people to use virtual assets to pay for AI-related services.  

Some of these services include payment for the use of image generation or text generation tools, exchanges, or decentralized marketplaces.  

Some of them also play an invaluable role in the creation of several virtual platforms where people can buy and sell AI algorithms.      

## What is the market size for AI tokens?  

The market size for the AI industry was estimated to be worth around $137 billion in 2022. It was forecast to grow at a CAGR (compound annual growth rate) of 37.3% over the next seven years (2023 to 2030), according to [Grand View Research](https://www.grandviewresearch.com/industry-analysis/artificial-intelligence-ai-market).  

Areas expected to contribute significantly to achieving this valuation include but are not limited to manufacturing, agriculture, advertising and media, retail, law, healthcare, and automotive & transportation. 

Some companies named in the research included AMD (Advanced Micro Devices), Baidu Inc., Google LLC, IBM (International Business Machine Corporation), Intel Corporation, NVIDIA Corporation, Microsoft, Zebra Medical Vision Inc., and Sensely Inc. 

Germany, the UK, China, Japan, India, the US, Canada, and Mexico were the countries named to lead this revolution. 

AI tokens are typically assessed with big data cryptocurrencies due to the similar roles they continue to play in the Web3 revolution. 

As of 14 August, there are more than 1.6 million cryptocurrencies on the market. The overall total market capitalization of the digital currency sector stood at approximately [$1.2 trillion](https://www.tradingview.com/chart/1okY2Hep/?symbol=CRYPTOCAP%3ATOTAL).  

Out of this, around $4.9 billion belongs to the big data and AI market. This represents around 0.4% of the entire [crypto economy](https://coinmarketcap.com/view/ai-big-data/).  

This shows the amount of work the aforementioned companies must do to be able to compete squarely with other asset classes such as memecoins which has been soaring with price spikes in Dogecoin (DOGE), Pepe Token (PEPE), Shiba Inu ([SHIB](/news/article/shiba-crypto-project)), and Floki Inu (FLOKI).  

They need massive investment to be able to catch up with popular digital assets such as Solana (SOL), Ripple ([XRP](/news/article/ripple-xrp-news-2023)), Ethereum ([ETH](/news/article/polygon-matic-news)), Bitcoin (BTC), and Litecoin ([LTC](/news/article/litecoin-predictions)).   

## What AI tokens can you consider? 

While AI has faced ire from regulators across the globe, its assets remain some of the most in demand. 

As with crypto, regulatory bodies in the world's most powerful economies are trying to come up with AI compliance measures so that the privacy and security of their residents would not be compromised. 

While the market remains highly competitive with Google, OpenAI, and a few others dominating, the lack of awareness and education on the part of traders may see millions make severe losses within a short period. 

SingularityNET (AGIX), Fetch.ai (FET), Akash Network (AKT), Image Generation (IMGNAI), Kambria (KAT), and CryptoGPT (GPT) are among some of the cryptocurrencies under the AI banner you can consider for your portfolio.  

One of the advantages of owning AI tokens is that more than 90% of them are changing hands below $1. 

This means you do not need to fork out a lot of money before you can get your hands on millions of crypto tokens. With $1,000, you could have millions of GPT, KAT, IMGNAI, FET, AKT, and AGIX tokens in your investment portfolio. 

Many analysts continue to preach diversification and mixing AI tokens with [Metaverse](/news/article/metaverse-companies-to-watch) tokens, memecoins, and coins with sizable prices could be the way to go under the current crypto climate.  

## Conclusion  

The laws of cryptocurrency trading apply to all tokens, including those related to AI. 

Without strong fundamental and technical analysis, you could end up like many traders who felt they had found the next golden goose, only to lose substantial sums in a short period. 

Know that digital asset investment is risky, so invest what you can afford to lose. 

What are AI tokens and should you buy some? 

AI coins have taken over the crypto market in 2023 due to the extensive patronage of artificial intelligence tools. 

The launch of OpenAI's ChatGPT in November 2022 and the use of AI in many aspects of our lives have cast a positive aura around cryptocurrencies backed by AI products.  

Google parent company Alphabet Inc., Meta Platforms Inc., the holding company of Facebook, and others, such as NVIDIA, have benefitted massively from the patronage of AI-related services. This has led to a substantial rise in their respective stock prices.  

While [memecoins](/news/article/memecoins-whats-popular), metaverse tokens, and big data tokens have also profited from the rebounding of the market this year, AI tokens have brought above-average returns for millions of traders.  

Below, we look at some of the top AI coins crypto markets offer and their potential in the saturated [cryptocurrency ](/news/article/is-crypto-dead)space. 

## AI coins crypto: What are the top assets? 

You may have come across the total market capitalization for AI tokens. Unfortunately, all the major crypto tracking portals, like [CoinMarketCap](/news/article/what-is-market-cap-in-crypto), CoinGecko, and others, have combined AI coins with big data tokens. 

As of 12:00 UTC on 16 August, 2023, the combined market capitalization for [AI and big data tokens](https://coinmarketcap.com/view/ai-big-data/) was approximately $4.6 billion.  

While you will come across names such as The Graph (GRT), Render (RNDR), Injective (INJ), and Ocean Protocol (OCEAN), they are big data tokens. Some of them even qualify as Metaverse tokens. 

With this clarity in mind, you should know that examples of tokens powered by artificial intelligence include SingularityNET (AGIX), Fetch.ai (FET), AiDoge (AI), Image Generation AI (IMGNAI), Akash Network (AKASH), and Artificial Liquid Intelligence (ALI).  

## SingularityNET (AGIX) is the top-ranked coin  

According to CoinMarketCap, [SingularityNET](https://singularitynet.io/) is a platform powered by blockchain technology that allows people across the globe to share, create, and make money out of services related to the growing artificial intelligence sector. 

Its native asset AGIX plays an essential role in overseeing activities in the project’s ecosystem.  

SingularityNET is not one of the projects that solely relies on positive market sentiment to rise in price.  

Its price drivers come from partnerships, most recently with [Charles Hoskinson’s Cardano](https://twitter.com/SingularityNET/status/1622883083329458176), which led to a spike in the price of AGIX. 

As a low-cap digital asset by market cap, [AGIX](https://coinmarketcap.com/currencies/singularitynet/) was exchanging hands for $0.2024, continued to see at least $10 million as a daily trading volume in August, and had a fully diluted market capitalization of approximately $248 million.  

According to analysts at Digital Coin Price, a platform that combines fundamental with technical analysis, AGIX could have a trading price of $0.44 by the end of 2023 and retest the $1 mark in the long term. 

## Fetch.ai (FET) is among the tokens to keep an eye on  

Fetch.ai is the project behind FET. Fetch.ai tagged itself as an artificial lab when it joined the sector, and the protocol is used to build a decentralized machine-learning network that is permissionless and open. It continues to play a strong role in the crypto economy.  

Like SingularityNET's AGIX, FET's price is bolstered by major activities in its ecosystem, such as the new partnership with [Ocean Protocol](https://twitter.com/oceanprotocol/status/1689618001165750273), where Fetch.ai's technology will be sourced to help form a secure and privacy-preserving data exchange on the Ocean marketplace. 

As of writing, FET had a price of $0.2023, had seen a 24-hour trading volume of $33 million, and had a fully diluted market capitalization of $233 million.  

Many experts believe that an expansion of the project’s ecosystem could lead to an exponential rise in the price of this crypto asset.  

According to [David Cox](https://www.cryptonewsz.com/forecast/fetch-ai-price-prediction/) at CryptoNewsZ, FET could reach the maximum price of $0.59 by the close of 2023, $0.79 by the year’s end of 2025, and surpass its all-time high (ATH) price of $1.19 in September 2021.  

## AI coins crypto: The other tokens 

Largely ignored by millions of traders, Akash Network is one of the few AI-powered tokens that have been able to cross $1.  

In May, the development team behind [the protocol added](https://twitter.com/akashnet_/status/1658884912437678080) chatbot applications such as TerminalGPT, BabyAGI, and Auto-GPT.  

The launch of more applications with a great user base could result positively in the fortunes of the [digital asset](/news/article/uk-digital-assets-breaches).  

As of 12:00 UTC on 16 August, [AKT](https://coinmarketcap.com/currencies/akash-network/), the native asset behind the project, was exchanging hands for $1.17, had a 24-hour trading volume of $2.6 million, and had a fully diluted market capitalization of approximately $455 million. 

AKT is forecast to reach the maximum price of $2.57 by the close of 2023, $4.20 (2025), and $12.27 by the end of 2030. 

While these virtual currencies show great potential in the AI coins crypto market, you should embark on thorough research before investing your hard-earned money in them. 

AI coins: Crypto assets to watch out for 

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](https://www.msn.com/en-in/news/other/ai-will-replace-millions-of-human-jobs-by-2023-but-these-4-jobs-to-be-at-most-risk-reveals-study/ar-AA1eCrRm) 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](https://singularitynet.io/), 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. 

![SingularityNET](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_04_bcf32504a3.png)

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](/news/article/coinberry-exchange-review) such as Binance, KuCoin, and Uniswap. 

## Render (RNDR) 

RNDR is the native asset of [Render Network,](https://rendernetwork.com/) 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. 

![Render token screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_12_e4f1f1aa55.png)

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. 

You can buy RNDR at cryptocurrency[ exchanges](/news/article/coinswitch-exchange) such as Binance, KuCoin, Coinbase, and [Kraken](/news/article/kraken-crypto-exchange-plans-bank-launch). 

## Oasis Network (ROSE) 

[Oasis Network](https://oasisprotocol.org/) 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. 

![Oasis Network coin statistics](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_21_56974e05d1.png)

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 ](https://thegraph.com/)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. 

![The Graph coin stats from coinmarketcap](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_30_82482da480.png)

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 (INJ) 

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! 

![Injective token coinmarketcap stats](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_39_78bb1c754d.png)

INJ is currently trading at $7.64 and can be bought on Binance, KuCoin, and Coinbase. 

Best AI crypto coins unveiled: A complete guide

Fetch isn't just your regular blockchain or crypto project; it's much more than that. 

The concept combines blockchain, artificial intelligence (AI), and the Internet of Things (IoT) to create a network of autonomous economic agents that can perform different user tasks. This article explains how Fetch crypto works. 

## What is Fetch crypto (FET)? 

Fetch coin ([FET](https://docs.fetch.ai/)) is an Ethereum-based digital current native to Fetch.AI, a decentralized application that integrates the power of blockchain, machine learning, and artificial intelligence. 

The aim is to power applications associated with gig economy work, asset trading, and energy grid optimization. 

FET is the utility [token](/news/article/token-vs-coin) that unlocks the Fetch ecosystem, where users find, create, deploy, and train autonomous economic agents to facilitate smart contract transactions needed for the conceived digital economy. The Fetch project was launched in 2019 on the Binance Launchpad during the dawn of the fourth industrial revolution.    

## The Fetch.AI project's objective 

Fetch.AI proposes eliminating centralized ways of accomplishing different tasks, from data delivery to hotel bookings, and replacing them with decentralized ones to leverage a machine-based economy better. 

The aim is to use software-based "agents" to make autonomous digital transactions. Fetch.AI proposes establishing an Open Economic Framework as a platform through which the digital agents interact with digital data to deliver high-priority performances at a minimal cost. 

According to the plan, the digital agents will eventually represent different devices, data, and services as they become experts that would improve the delivery of various services. 

Fetch.AI and the Fetch crypto (FET) are designed to minimize the need for corporate and human third parties that currently control access to the vast knowledge hub the digital data banks created. 

The available data will become the foundation of the emerging AI-based economy by linking blockchain technology with machine learning. Once meddling third parties are eliminated, the data and devices on the Fetch.AI platform can market themselves independently, powered by the Fetch crypto (FET). The tokens will act as a digital currency for all network operations, communication, and transactions.    

## How does Fetch.AI work? 

Fetch.AI's vision is to enable everyone to benefit from the abundant benefits of artificial intelligence and machine learning without centralized third parties, whether or not they have technical expertise. 

By leveraging blockchain technology, users can build, launch and train their "digital agents" to perform designated tasks and services across various industries and domains. The "digital agents will be able to interact with data sources and other agents to form a collective intelligence that will boost the desired outcomes and generate value. 

Among the targeted use cases for this AI-based technology include:      

Decentralized finance (DeFi): Users can find the perfect trade opportunities, provide liquidity, and execute trades and hedge risks across diverse DeFi platforms and protocols.  

Transportation: You’ll be able to optimize travel and mobility using the best modes of transport and routes and identify parking spaces or desirable vacation destinations using a combination of your preferences and real-time data.  

Energy: Fetch.AI will make it possible to minimize energy consumption costs by opting for affordable or environmentally friendly energy sources via grid balancing or peer-to-peer energy trade. 

Travel: The project will facilitate travel planning by locating the best deals on car rentals, hotel bookings, flights, and related activities based on a user's budget and preferences. 

According to the Fetch.AI roadmap, there are many other potential aspects the project can introduce. Among the most notable ones include the Fetch wallet and Fetch Station Explorer, besides the launch of numerous other external protocol integrations and a new features ecosystem. 

Moreover, Fetch has plans to launch Axim, a high-tech collaborative learning platform, a wallet that supports non-fungible tokens (NFTs), a faucet support within the wallet, and an entire suite of other new products and features.  

## How Fetch crypto is secured 

Fetch crypto is secured via a Proof of Stake (PoS)-based consensus mechanism that integrates AI. The network uses a differential privacy setup that protects users' privacy while ensuring the platform remains transparent and decentralized. 

The system uses cryptography and game theory consensus mechanisms that are censorship-free. By combining the PoS protocol and other technologies, Fetch.AI guarantees a high level of security within the network as the nodes validate transactions on the ledger. 

## How to buy Fetch crypto 

You can begin investing in the Fetch crypto by buying it from a cryptocurrency exchange that supports it. 

- Create an account and follow the identity verification process to completion. 
- Click on the deposit button to up the desired amount of cash or crypto based on your preferred payment method. 
- Proceed to the market and search for FET 
- Click on “BUY” and infill the amount you require  
- Voila! You now have access to the Fetch crypto. 

## Conclusion 

Fetch.AI offers far-reaching proposals on the potential of an open-access blockchain ecosystem to revolutionize a wide range of sectors and industries by integrating blockchain, machine learning, and artificial intelligence. 

As the technology behind the projects continues to advance, we can only expect more innovations in different industries and disruption of many other sectors. 

Learn the features and tokenomics of Fetch crypto 

Interest in AI crypto has gained pace due to the extensive use of artificial intelligence chatbots such as ChatGPT. 

Launched in November 2022, the extensive use of ChatGPT, a tool developed by OpenAI, has contributed to a spotlight being shone on AI-backed cryptocurrencies. 

In the markets, AI crypto has now joined established coins, Metaverse tokens, memecoins, and all the other digital assets. 

It is difficult to navigate crypto price tracking portals such as Coinranking, TradingView, CoinMarketCap, and CoinGecko without coming across AI tokens. 

While the cryptocurrency market [has struggled ](/news/article/is-crypto-dead)for much of the past year, the potential of AI, expected to reach into sectors including information technology, healthcare, marketing, finance, transport, customer service, and entertainment, has seen tokens supported by companies under the AI umbrella perform above expectations. 

Let us examine AI [crypto](/news/article/is-crypto-regulated-across-the-globe) and its potential impact on the investment portfolios of millions of traders across the globe. 

## AI crypto: What is it? 

AI crypto comprises both coins and tokens. You may have come across these terms on crypto portals and seen them being used interchangeably. In fact, [coins and tokens](/news/article/token-vs-coin) refer to two different things.  

Coins are native to a single blockchain. This means that aside from performing utility services on that chain, it cannot function on any other chain due to a lack of interoperability. 

Tokens are deployed on existing blockchains and rely primarily on the possibilities of smart contract chains to function. 

AI crypto involves both coins and tokens developed by groups of people to fuel AI-based services, applications, and projects such as AI-driven DAOs (decentralized autonomous organizations), AI-powered trading algorithms, and decentralized AI marketplaces. 

AI coins normally play the basic role of a transactional currency, where they are used as payments, while AI tokens do this as well as conferring governance rights to the virtual asset's holders. 

## The impact of AI cryptos in the market  

As of 14:00 UTC on 9 August, 2023, cryptocurrencies under the artificial intelligence banner commanded a market capitalization of approximately $4.7 billion.  

While many of the mainstream digital currencies such as Cardano (ADA), Litecoin (LTC), Solana (SOL), Polygon (MATIC), and others have failed to bring multiple percentage gains to traders in the first eight months of the year, many AI coins and tokens have performed extremely well.  

Among them is AGIX, the novel token of SingularityNET, a platform powered by blockchain technology that allows people to not only create and share but also monetize services related to the booming AI industry. 

AGIX has brought more than 300% gains year-to-date (YTD). It was among the best-performing coins in the first two months of the year (January to February), when it soared by 1,357% in 39 days.  

AGIX opened on 1 January at $0.04556 and reached a year high of [$0.6637](https://twitter.com/SingularityNET/status/1622883083329458176) on 8 February on the back of a partnership with Cardano that enhanced applications for developers on the protocol.     

Another is FET, the token behind Fetch.ai, a platform that functions as an AI laboratory building permissionless, decentralized, and open machine learning networks within the decentralized finance economy. 

FET has spiked by 120% YTD and token holders from the opening day ($0.09166) of the year to 8 February saw a 555% increment in their investment capital when it reached a peak of [$0.6004](https://coinmarketcap.com/currencies/fetch/).

One of the less-popular but top-performing tokens so far has been KAT, the cryptocurrency behind Kambria, an open platform for augmented reality (AR), the Internet of Things (IoT), virtual reality (VR), blockchain, robotics, and artificial intelligence. 

[KAT](https://coinmarketcap.com/currencies/kambria/) investors who bought and sold the token around February, during the AI token rally, came away with almost 2,000% gains in less than two months. 

Other digital assets that have made substantial contributions to the category’s impressive market capitalization include but are not limited to, Akash Network (AKASH), Image Generator Token (IMGNAI), CryptoGPT (GPT), and VAIOT with double-percentage gains in 2023.   

## Should you invest in any AI crypto?  

Yes, AI cryptos are assets you should consider adding to your investment portfolios.  

While AI has been trending on social media platforms over the past eight months due to its positive and negative sides, the foray of companies such as IBM and Slack into using it to improve their services gives credence to the technology. 

The launch of AI tools has improved the stock prices of companies such as Meta Platforms Inc. (META), Apple (AAPL), and Microsoft (MSFT).  

In the same way, the launch of AI products by companies under DeFi support will reflect positively on the values of AI coins and tokens. 

Is AI crypto the new millionaire maker? 

FET crypto has brought multiple percentage gains to many decentralized finance (DeFi) stakeholders. 

The digital asset has achieved this feat due to growing interest in artificial intelligence ([AI](https://zapier.com/blog/best-ai-chatbot/)) chatbots such as ChatGPT, Google Bard, HuggingChat, Zapier, Perplexity, ChatSonic, ChatSpot, and Poe. 

While these AI chatbots continue to simplify the work of individuals and businesses, the primary beneficiaries of the boom have been traders smart enough to recognize the potential of cryptocurrencies supported by AI companies.  

As of 14 August, there are more than one million digital currencies on the market, and several thousand are AI tokens.  

With thousands of cryptos searching for the same number of investors, let us examine if FET crypto is among the best AI tokens currently available on the market. 

## What is FET crypto? 

FET is the native asset of [Fetch.ai](https://coinmarketcap.com/currencies/fetch/), a project that tags itself as a laboratory operating under the AI banner used to build decentralized machine networks that are permissionless and open within the [crypto ](/news/article/is-crypto-dead) economy. 

Launched on Binance in March 2019, the project was founded in 2017. Fetch.ai makes it possible for anyone to access and connect datasets by employing autonomous AI in the execution of tasks by leveraging the protocol’s global data network.  

## What projects does Fetch.ai support? 

Due to its extensive role in the transition to the modern iteration of the internet in Web3, many programs have allied with the project.  

Among them is [Atomix](https://twitter.com/atomix_defi/status/1503671345250549761), a stablecoin yield-generating protocol that allows LPs (liquidity providers) to supply stablecoin and earn above-average periodical yields.  

There is also Mettalex, the DEX (decentralized exchange) that doubles as a derivatives platform for crypto commodities. 

Decentralized exchange [Starfleit](https://starfleit.io/) and decentralized social network [Resonate](https://resonate.social/) are also using the possibilities of the protocol.  

Moreover, [Axim](https://www.axim.ai/), an AI-powered tool that provides data security and analyses siloed data, and [Catena-X Automotive Network](https://catena-x.net/en/), a cloud-based network playing an active role in the automotive value chain, have also partnered with Fetch.ai. 

Lastly, [Co-Learn](https://finance.yahoo.com/news/fetch-ai-launches-first-nft-160408544.html?guccounter=1&guce_referrer=aHR0cHM6Ly91a2Mtd29yZC1lZGl0Lm9mZmljZWFwcHMubGl2ZS5jb20v&guce_referrer_sig=AQAAAHBJ5Jsvid7sg3tMlESTavfGjqARsclxDz9QvhMtZs1skVUFspwZ2kE96rjDaYCUyLqw3Vpr1CFdY0Bl_m7eLEKUNDzGhsAzYKvZBl4cRgPEVQ0i3kGtwvDGsPJ-M58-iNBeTKJafeMuIJwBsoFYyuOCnZIRg2GMdio36mwlOC7Y) is an open collective learning system that makes it easy for users to build a shared MLM (machine-learning model). 

In August 2021, the Colearn Paint Platform was launched. It enabled designers and collectives access to a tool that helps them mint AI-related NFTs (non-fungible tokens). 

## Is FET crypto a good investment? 

From the numerous partnerships made by its parent company which cuts across every sphere of the internet, FET crypto is one of the cryptocurrencies you can assess for your investment portfolio.  

The digital asset has over-performed despite several pullbacks over the past months after it peaked in February. 

On 8 February, the asset reached a yearly high price of $0.6004 after opening the year at [$0.09166](https://coinmarketcap.com/currencies/fetch/historical-data/).  

Holders who bought FET and let go of the token on the day of its peak walked away with 555% gains.  

Investors who continue to hold onto their tokens are still in profit, as the asset remains in the green with more than 100% returns year-to-date (YTD). 

One of the main areas you should consider in choosing a coin is liquidity. Liquidity is expressed in daily trading volume. While trading volume is not talked about much, it plays an integral role in fundamental and technical analysis.  

FET saw at least $10 million in daily trading volume in August. While this is relatively smaller compared to volumes from giants such as Ethereum (ETH) and Bitcoin (BTC), which are in the billions, it is quite impressive, considering millions of coins and tokens are fading away daily. 

The other area is accessibility. You would not want a situation where you buy a cryptocurrency and millions of people do not have the same level of accessibility to include the asset in their portfolios.  

As of 11:00 UTC on 14 August, FET was supported by more than [30](https://coinranking.com/coin/AWma-WzFHmKVQ+fetchai-fet/markets) centralized exchanges such as Binance, [Coinbase](/news/article/coinbase-card) Pro, Kraken, Huobi Global, MEXC Global, and Mandala.  

It was available in more than 60 markets where it is traded against fiat currencies (USD, EUR), [stablecoins](/news/article/stablecoin-issuer-circle-apple-pay) (BUSD, USDT), and other cryptocurrencies such as BTC, Binance Coin (BNB), and Osmosis (OSMO), among others. 

Despite the positives, the virtual asset continues to fall off the rank of the largest big data and AI tokens by market capitalization.  

At one point, FET trailed only The Graph (GRT) and SingularityNET (AGIX). Unfortunately, others in the big data and AI token sector, such as Injective (INJ), Render Token (RNDR), Akash Network (AKT), Oasis Network (ROSE), and Ocean Protocol (OCEAN), have leapfrogged the token in recent months. 

![coin data](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_08_29_at_15_01_33_512386c3f1.png)

This is due to the infinite competition that continues to grip all aspects of the market. As a result, you should do extensive research about the products supporting the cryptocurrency. 

While FET is a good token, it is not the best but among the must-have digital assets for your portfolio, for now. 

Is FET crypto the best AI token on the market? 

Many AI crypto projects have tantalised investors, but are they any good? 

Here we take a look at the top five, as defined by [market capitalisation](/news/article/what-is-market-cap-cryptocurrency). 

From newcomers to established names, these are projects that harness the potential of artificial intelligence in the cryptocurrency world, enhancing financial transactions, optimising supply chains, and reshaping how we interact with technology. 

Whether you are an established [crypto trader ](/news/article/crypto-trader-2022)or an inquisitive newcomer, this list is a starting point for your exploration of AI crypto projects. But be warned, there are no guarantees of successful investing in cryptocurrencies, so do your own research before risking your money, and only invest what you can afford to lose. 

## AI crypto project marketcap 

Our list features the leading AI crypto projects according to marketcap, as reported by [CoinMarketCap](https://coinmarketcap.com/view/ai-big-data/). 

Marketcap doesn’t mean much on its own. There are other critical factors to consider, including: 

- Understanding the core technology underpinning the AI crypto project, appraising the distinctiveness and practicability of the harnessed AI algorithms, and real-world application. 
- Examination of the project's personnel, focusing on researchers and developers with a track record in AI and blockchain expertise. 
- A critical analysis of the problem targeted by the AI crypto project. This involves gauging the possible scope and demand for the proposed solutions in the marketplace. 
- Assessment of the intrinsic utility and operational facets of the token within the ecosystem of the initiative. The token design should seamlessly align with the project's aspirations and confer added value to its user base. 
- Exploring the initiative's community and its resonance in the broader user spectrum. Robustly engaged communities often function as a magnet, drawing in support and augmenting user participation. 
- Prioritising projects subjected to external security audits, a hallmark of the integrity of smart contracts and codebase, bolstering resilience against vulnerabilities. 
- An understanding of the regulatory framework within which the AI crypto venture operates. Adherence to statutory stipulations is pivotal for sustainable success. 
- Sufficient trading volume and liquidity are essential requisites to facilitate seamless transactions, counteract price manipulation, and cultivate a thriving marketplace. 
- Identification of competitors, juxtaposed against the initiative's distinctive value proposition, as well as a keen eye for strategic alliances and affiliations that propel growth. 

## Top AI crypto projects 

### The Graph ([GRT](https://thegraph.com/))
Envisioned as a decentralised protocol for indexing and querying blockchain data, The Graph furnishes developers with a platform to craft and disseminate open APIs termed 'subgraphs,' thereby enabling universal access to blockchain data. It is relatively new, but has already been embraced by distinguished blockchain ventures like Ethereum, NEAR, and Solana. As blockchain assimilation continues its ascendancy, The Graph stands poised to develop as a formidable force within the decentralised data infrastructure sphere. The native cryptocurrency, GRT, assumes the role of incentivising node operators to index and facilitate data retrieval. 

### Injective (INJ)
Distinctly calibrated to serve as a foundation for DeFi (Decentralised Finance) applications, Injective Protocol has a plethora of features that equip it for this purpose, boasting interoperability, scalability, and security. INJ functions as the native token of the [Injective Protocol](https://injective.com/), a blockchain tailored for DeFi applications, rendering them open and interoperable. Spanning exchanges such as Binance, Huobi, and OKEx, the INJ token secures its standing in the crypto sphere. 

Key Takeaways: 

- Encompasses a diverse array of DeFi applications, spanning decentralised exchanges, margin trading platforms, and lending interfaces. 
- Presents a cost-efficient fee structure, bolstering accessibility to DeFi applications.
- Imbued with the robustness of the Tendermint PoS consensus mechanism, a testament to its security. 

If you are interested in using DeFi applications, then the Injective Protocol is a good option. It is a secure, scalable, and interoperable platform that offers a wide range of DeFi applications.


### Render Token (RNDR)

At present anchored on the Polygon blockchain, the Render Token may be subject to a network migration to Solana, an undertaking poised to enhance the efficiency of the [Render Network.](https://rendernetwork.com/) 

This platform nurtures the production of animation, motion graphics, and visual effects through a collaborative GPU rendering infrastructure, which channels idle GPU resources into rendering tasks. 

Functioning as an ERC-20 token, RNDR occupies the role of utility token, servicing payment obligations for rendering services on the Render Network. The engagement with RNDR tokens for task remuneration furnishes a mechanism wherein users stipulate their willingness to expend RNDR tokens for a given task, matched with a provider amenable to undertaking the task at the specified cost. 

### SingularityNET (AGIX)
A decentralised platform and global AI marketplace that enables anyone to effortlessly “build, share, and monetise” AI services. 

Native token AGIX token is used to pay for AI services and AI products on this marketplace, as well as to participate in the governance of the platform. The AGIX token is a valuable asset for anyone who is interested in the future of AI. It is a token that has the potential to appreciate in value as the [SingularityNET](https://singularitynet.io/) platform grows and develops. 

### Oasis Network (ROSE)
A blockchain platform built for DeFi, NFTs, and confidential computing which intends to preserve privacy. Its native token is ROSE. 


Key features include: 

- Uses a variety of privacy-preserving technologies, such as zk-SNARKs, to allow users to transact and interact with DApps without revealing their personal data. 
- Designed to be scalable, with the ability to process thousands of transactions per second. This makes it suitable for DeFi applications that require high throughput. 
- Designed to be efficient, with low gas fees. This makes it affordable for users to participate in DeFi applications. 
- Secured by a Proof-of-Stake consensus mechanism. This assists in making it resistant to attack and ensures that the network is fair and decentralised. 

The [Oasis Network](https://oasisprotocol.org/) is still under development, but it has the potential to be a major player in the DeFi space. Its privacy-preserving features make it ideal for applications that require sensitive data, such as healthcare and financial services. 

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