Top 10 AI Cryptocurrencies and price prediction for 2024-2025
Artificial intelligence (AI) is rapidly changing the world, and it is no surprise that it is also changing the way we make money. In recent years, we have seen a surge in the number of AI-related businesses and products, and this trend is only going to continue.
Several AI-related cryptocurrencies have emerged in recent years, and they offer a variety of potential benefits. Getting early on the trend especially before the next bull market if played correctly can be life-changing.
So buckle up as we dive deeper into the many opportunities available. We will be listing the coin, a quick summary of what it does, its current market cap and price, and its prior all-time high.
Before going in It's important to note that the crypto market is highly volatile and investing in any specific project carries risks.
Note: ATH means All time high
Here is our top 10 AI cryptocurrency selection for 2024:
1) INJECTIVE PROTOCOL ($INJ)
Injective Protocol is a decentralized exchange that allows users to trade a variety of assets, including cryptocurrencies, stocks, and commodities. INJ is the native cryptocurrency of Injective Protocol, used to pay for fees on the platform.
Injective natively uses IBC and is highly interoperable with multiple layer 1s, including, but not limited to, Polygon and Solana (through an upcoming Wormhole integration). It is also uniquely built to be interoperable with Ethereum, through its own decentralized ERC-20 token bridge, making Injective the first network within the Cosmos ecosystem to support Ethereum assets natively.
Current Market Cap: $545,836,598 Current Price: $6.8 ATH: $9.3
Source: https://coinmarketcap.com/currencies/injective/
You can learn more about the Injective Protocol on their official website https://injective.com/
Price prediction: disclaimer(This is not financial advice! We can't predict the future; you can lose your investment!)
INJ can easily be an amazing performer in the next bull cycle with many experts and analysts seeing it going to a 30 billion market cap an approximate 60 multiplier from where it is today. With the intrinsic value provided by a service like the INJ protocol specially in the DEFI world on top of its great tokenomics, we can see INJ at $180 or maybe even more depending on market conditions.
2) Fetch Network ($FET)
Fetch.ai is a decentralized blockchain-based platform that combines artificial intelligence (AI) and machine learning with decentralized finance (DeFi) and multi-agent systems to create a smart economic framework called "Autonomous Economic Agents" (AEAs).
The Fetch.ai platform aims to create a decentralized digital ecosystem where autonomous agents can perform tasks, negotiate with each other, and exchange value without the need for intermediaries. These autonomous agents are designed to represent individuals, businesses, or even IoT devices, and they can interact and collaborate with each other in a peer-to-peer manner.
Current Market Cap: $186,316,151 Current Price:$0.22 ATH:$0.94
Source: https://coinmarketcap.com/currencies/fetch/
You can learn more about Fetch AI on their official website https://fetch-ai.network/
Price prediction: disclaimer(This is not financial advice! We can't predict the future; you can lose your investment!)
Fetch has been the leading AI crypto in the blockchain space, in the past Bull market it went to $0.94 past performance doesn't represent future returns but we know that such a price is possible which is like a 4.5 multiplier from the current price. If fetch goes to a market cap of 8 billion dollars following coins that performed well last cycle under the metaverse narrative we are looking at a 32 multiplier with the fully diluted market cap taking FET to around $7 but this scenario requires very good market conditions.
3) Akash Network ($AKT)
Akash Network is a decentralized cloud computing platform built on blockchain technology. It aims to provide a secure, efficient, and cost-effective solution for deploying and running applications in a decentralized manner. The network utilizes a decentralized marketplace where users can buy and sell computing resources, creating a peer-to-peer ecosystem for cloud computing.
At its core, Akash Network leverages blockchain and smart contract technology to enable a decentralized marketplace for computing resources. It operates on the principle of "decentralized cloud computing," allowing individuals or organizations to rent out their idle computing resources, such as CPU, GPU, or storage, and earn cryptocurrency in exchange.
Akash Network operates on a native utility token called AKT, which serves as the means of exchange for accessing and utilizing the platform's services. Participants can stake AKT tokens to secure the network, participate in governance decisions, and potentially earn rewards.
Current Market Cap:$234,260,354 Current Price:$0.6 ATH:$7.1
Source: https://coinmarketcap.com/currencies/akash-network/
You can learn more about the Akash Network and their Token ATK on their official website https://akash.network/
Price prediction: disclaimer(This is not financial advice! We can't predict the future; you can lose your investment!)
Akash is a very useful service providing computing power through the internet, being also in the INJ ecosystem. With the development of AI, more demand will emerge for GPU and other computing power therefore higher demand for their services. The current fully diluted market cap of AKT is around $230 million. Considering cloud computation power is a huge growing market and looking at the prior market cap of good performers in the last cycle we can expect great performance from AKT probably going for a 6 billion market or maybe even more like 10 billion. At the current price, it represents a 34 multiplier.
4) Numeraire ($NMR)
Numeraire (NMR) is a cryptocurrency and decentralized platform that aims to enhance the field of quantitative finance through the use of machine learning and crowdsourced data analysis. It was created by Numerai, a hedge fund that focuses on predictive modeling and algorithmic trading strategies.
Numeraire functions as both a utility token and a means of incentivization. The platform encourages data scientists and machine learning experts to develop predictive models by hosting weekly tournaments. Participants can stake their Numeraire tokens and submit predictions, and if their models perform well, they can earn additional NMR as rewards.
One unique aspect of Numeraire is its focus on privacy and data security. Participants' predictions are submitted in an encrypted format, protecting the proprietary nature of their models while still allowing for accurate evaluation. Numeraire operates on the Ethereum blockchain, utilizing smart contracts to manage the staking, rewards, and governance aspects of the platform. Holders of NMR tokens can participate in decision-making processes through on-chain voting, allowing the community to have a say in the platform's development and future direction.
Current Market Cap: $82344000 Current Price:$13.14 ATH:$77
Source:https://coinmarketcap.com/currencies/numeraire/
You can learn more about the Numeraire project and their token NMR on their official website https://numer.ai/
Price prediction: disclaimer(This is not financial advice! We can't predict the future; you can lose your investment!)
Numeraire is very interesting, not only it was one of the first AI and machine learning projects to be implemented on blockchain but also has an amazing team of engineers, mathematicians, and business people behind it. We saw that in 2021 it reached a price of $77 when no one was talking about AI. It can very possibly reach those prices again and maybe even more following the price action of coins of the same size in prior trends. Around $210 would be our target for the next bull run. Which at the current prices represents a 16 multiplier.
5) Dkargo ($DKA)
Kargo is a blockchain-based logistics project that aims to revolutionize the global logistics industry by leveraging the power of blockchain technology, smart contracts, and decentralized networks. It seeks to address common challenges faced in traditional logistics, such as inefficiencies, lack of transparency, and high costs.
The DKargo platform provides a decentralized marketplace where participants, including shippers, carriers, freight forwarders, and other logistics service providers, can connect and transact directly with each other. By eliminating intermediaries and reducing bureaucratic processes, DKargo aims to streamline operations and improve efficiency in the logistics value chain.
The project's native token, DKargo Coin (DKA), serves as the medium of exchange within the platform, enabling participants to pay for services and incentivizing their active involvement in the ecosystem. Additionally, DKargo aims to expand its capabilities by integrating emerging technologies like artificial intelligence (AI) and the Internet of Things (IoT) to further enhance the efficiency and automation of logistics operations.
Current Market Cap: $87,163,853 Current Price:$0.02911 ATH:$0.41
Source:https://coinmarketcap.com/currencies/dkargo/
You can learn more about Dkargo and their token DKA on their official website https://dkargo.io/en
Price prediction: disclaimer(This is not financial advice! We can't predict the future; you can lose your investment!)
The global logistics industry as of 2022 was worth around $9.96 trillion (source: https://www.expertmarketresearch.com/reports/logistics-market) with that said Dkargo is positioning itself to be one of the companies taking the most advantage of this gigantic market. Obviously, logistics is one of the hardest markets to compete in also since most of the utility of their token comes from the use of it as a medium of exchange there would be little impact on its price other than the demand that the company would be able to generate. Overall in current market conditions, it is now sitting at around -95% for its highs it will potentially have its time to shine with a cool 10 to 20 multiplier if the company proves itself worthy of market share competition and efficiency.
6) Alethea ($ALI)
Alethea AI is a blockchain-based platform that focuses on synthetic media, particularly AI-generated deep fake technology. The project aims to provide a decentralized and transparent infrastructure for creating, distributing, and monetizing synthetic media content.
With Alethea AI, users can generate highly realistic and sophisticated AI-generated media, including images, videos, and audio. This synthetic media is created using advanced machine learning algorithms and deep neural networks. The platform enables users to customize and control various aspects of the generated media, allowing for creative applications such as virtual influencers, personalized avatars, and interactive storytelling experiences.
The decentralized nature of Alethea AI ensures that the ownership and control of synthetic media are returned to the individual creators and users.o
The native digital currency of the Alethea AI project, known as ALI, plays a vital role within the ecosystem. It serves as a means of payment for accessing AI models, services, and tools available on the platform. Additionally, ALI can be utilized for purchasing AI-generated content and crypto tokens.
Current Market Cap: $213,100,546 Current price:$0.021 ATH:$0.14
Source:https://coinmarketcap.com/currencies/alethea-artificial-liquid-intelligence-token/
For more information on the Alethea Ai protocol and its token $ALI you check their official website https://www.alethea.ai/
Price prediction: disclaimer(This is not financial advice! We can't predict the future; you can lose your investment!)
You probably have already seen deep fakes videos going viral on social media. These kinds of products related to content creation are very good at growth and exposure because they market themselves for free by other people posting them on social media. Probably if this service go viral we could see a huge demand for those kind of videos similar to the NFT hype in the last bull market. This indeed could drive the price of the token up. The prior All time high being at a 7 multiplier at a time when this technology wasn't as advanced as it is now can give us a lot of hope for the future potential this project could have in the next bull run.
7) The Graph Protocol ($GRT)
The Graph Protocol is an open-source decentralized indexing and query protocol for blockchain data. It provides a way to efficiently access and query data from various blockchains, enabling developers to build decentralized applications (dApps) that require fast and reliable data retrieval.
By leveraging The Graph's indexed data, developers can apply AI techniques for tasks such as data analysis, predictive modeling, natural language processing, image recognition, or sentiment analysis. AI algorithms can be utilized to extract insights, perform advanced analytics, or enhance user experiences within dApps.
The decentralized nature of The Graph Protocol ensures that data indexing and querying are performed in a trustless and censorship-resistant manner. It leverages the principles of decentralization by allowing multiple "Indexers" to store and index subgraph data, and "Curators" to curate and verify the quality and accuracy of the subgraphs. The protocol's native token, called Graph (GRT), is used for governance, staking, and incentivization within the ecosystem GRT
Current Market Cap:$1,164,615,200 Current Price:$0.10 ATH:$2.3
Source:https://coinmarketcap.com/currencies/the-graph/
if you would like to learn more about the graph protocol and its token GRT you check their official website https://thegraph.com/
Price prediction: disclaimer(This is not financial advice! We can't predict the future; you can lose your investment!)
The graph is the biggest crypto project by market cap related to AI and Big Data. In the 2021 bull market, it was also one of the most notable projects reaching a peak market cap of 5.9 Billion dollars. But in the past year, a lot of tokens have been added to circulation meaning that if it went back to its previous market cap it will be sitting at around $0.5 which is still a 5 multiplier, but much lower than the previous cycle. Nonetheless despite being diluted as a token the project itself is still going strong. Who knows maybe with the AI trend and favorable market conditions we can see it break through the prior 5.9 billion high, going for a 10 or 12 billion valuation.
8) The SingularityNet ($AGIX)
The SingularityNET protocol is a decentralized network and platform that aims to facilitate the development, deployment, and interaction of artificial intelligence (AI) services. It provides a framework for AI agents to communicate, cooperate, and transact with each other in a decentralized manner.
At its core, SingularityNET combines blockchain technology, smart contracts, and AI to create a marketplace for AI services. It allows AI developers and researchers to deploy their algorithms and models as services on the network, making them accessible to other users and AI agents.
The protocol utilizes a native utility token called AGIX (Artificial General Intelligence) as the means of exchange within the network. AGIX tokens are used for accessing AI services, incentivizing service providers, and facilitating transactions between different AI agents and users.
Current Market Cap: $477,270,871 Current Price:$0.23 ATH:$1.48
Source:https://coinmarketcap.com/currencies/singularitynet/
If you like to learn more about the SingularityNet protocol and its coin AGIX you can check out their official website https://singularitynet.io/
Price prediction: disclaimer(This is not financial advice! We can't predict the future; you can lose your investment!)
Actually, the market cap of AGIX is on the high side being only 30% down from ATH. But the big difference in the current token size and its all-time high comes from the huge dilution that happened in the past year, very much like the graph protocol. Despite that, AGIX is actually one of the few projects that were able to grow their market cap during this bear market which potentially means a lot of money is flowing into the project at those prices expecting a good performance. AGIX can be a very big player in the AI world and will be able to raise capital easily if its business model is proven to be efficient. we can see it going to a 4 or 8 billion valuation. Meaning that it can potentially have a 12 multiplier return.
9)iExec ($RLC)
Exec RLC (RLC) is a cryptocurrency and decentralized cloud computing platform built on blockchain technology. The project aims to create a marketplace for decentralized computing resources, allowing users to securely and efficiently rent computing power from others. The iExec platform utilizes smart contracts on the Ethereum blockchain to facilitate the exchange of computing resources. Users who have spare computational power can offer it for rent, while those in need of computing resources can access them through the iExec marketplace.
The native token of the iExec ecosystem is called RLC. RLC tokens serve as the primary medium of exchange within the platform. Users can use RLC tokens to pay for the computing resources they consume, and providers earn RLC tokens for renting out their unused computing power.
Current Market Cap:$120,397,061 Current Price:$1.39 ATH:$11.4
Source:https://coinmarketcap.com/currencies/rlc/
If you would like to learn more about the iExec protocol and their token $RLC you can check out their official website https://iex.ec/
Price prediction: disclaimer(This is not financial advice! We can't predict the future; you can lose your investment!)
In the last days of the 2021 bull market iExec market cap skyrocketed to over a 915 million dollar valuation. It's true that previous performance doesn't mean anything about future returns, but this short-lived expansion was done in a late-stage bull market where nearly no one was talking about AI. With the current narrative and the useful nature of the project, we can probably see it go back to a high valuation. Maybe even something around 1.5 or 3 billion in good market conditions. This potentially represents a 14 multiplier.
10) Covalent ($CQT)
Covalent is a crypto project that provides a unified API (Application Programming Interface) to access and analyze blockchain data. It aims to simplify and enhance the way developers interact with blockchain data by offering comprehensive and reliable data infrastructure.
Covalent aggregates data from multiple blockchains, including Ethereum, Binance Smart Chain, Polygon, and others, into a single API. This allows developers to access a wide range of blockchain data, such as transactions, addresses, historical prices, token balances, and more, through a standardized interface. By providing a unified view of blockchain data, Covalent simplifies the development process and reduces the need for developers to manage complex data integrations across different blockchains.
The project's API is designed to be fast, scalable, and cost-effective, enabling developers to efficiently retrieve and analyze blockchain data. Covalent's data infrastructure also supports custom queries, allowing developers to filter and extract specific data subsets based on their requirements. This allow covalent to be used by industry leaders as their data provider, it can also be used for taxation purposes and other data retrievemnt tasks.
Covalent's native token is called CQT (Covalent Query Token), which is used for accessing premium features and services within the Covalent ecosystem. Token holders can stake CQT to access additional API functionalities or participate in the network's governance through voting on proposals and protocol upgrades.
Current Market Cap:$121,717,116 Current Price:$0.12 ATH:$1.74
Source:https://coinmarketcap.com/currencies/covalent/
If you like to learn more about the Covalent Protocol and it's token CQT you can check their website https://www.covalenthq.com/
Price prediction: disclaimer(This is not financial advice! We can't predict the future; you can lose your investment!)
Covalent is actually a very niche and very highly regarded service provided. Even if it won't be used by the average person, it is bringing tremendous value to many big players in the industry, and that's where the money is. It reached its top market cap of around 200 million dollars. Meaning there is still room to grow, but as mentioned since it is a very niche it is really hard to predict its growth. API have been out there for many years now, if they are able to provide extra value we can see it going to an 800 million market cap with an 8 multiplier from current prices, but this is only given that their product proves to be superior and get users.
Thanks for reading our article!
We genuinely appreciate your time and support. As passionate contributors, we work hard to bring you valuable content.
If you enjoyed what you read, we'd love for you to subscribe to our platform. By subscribing, you become part of our community, stay updated on the latest articles, and help us continue creating quality content.
Your feedback is essential to us. If you have any suggestions or topics you'd like us to cover, feel free to reach out. We value your input!
Legal Disclaimer:
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Always do your own research.
INVESTMENT RISKS:
There are risks associated with investing in securities. Investing in stocks, bonds, crypto, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high-risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. A securities or a firm’s past investment performance is not a guarantee or predictor of future investment performance.