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Cryptocurrency analysts name the most popular AI tokens in November
Editor’s note: not financial advice!
Analysts of the cryptocurrency sector have drawn attention to the growing popularity of digital assets developed on the basis of artificial intelligence. In November, the total capitalization of AI cryptocurrencies was estimated at $ 3.93 billion. The total trading volume is $ 478.36 million per day.
Render (RNDR) became the leader of the AI coin market this month. In the first ten days of November, the asset’s capitalization increased by 8% to $ 866.2 million. The daily trading activity is estimated at $ 88.2 million. At the time of writing, the digital asset is trading for $ 2.32.
Render is a proprietary cryptocurrency of a rendering network built on the Ethereum blockchain. The tokens are used to pay for the leased capacity of GPUs and reward those who provide this resource. RNDR supports most major cryptocurrency exchanges, including Binance, MEXC, and Coinbase.
The second largest cryptocurrency by capitalization is Fetch.ai (FET). Over the 2 weeks of November, the token managed to grow by 18.7%, currently trading at $ 0.414. FET’s market capitalization is $ 433 million, with a daily trading volume of $ 92.4 million.
The project developers are creating a new digital economy with autonomous agents based on artificial intelligence. The FET token is a medium of exchange in the ecosystem. The asset can be bought and sold on all major exchanges(Binance, Gate. io, Kraken, and others).
SingularityNET (AGIX) is the third largest artificial intelligence coin on the list. The current market capitalization of the asset is $ 309.9 million, with a daily trading activity of $ 56 million. In 14 days, AGIX has managed to grow by 11.9%, currently trading at $ 0.249.
AGIX is a decentralized platform token that allows users to create and monetize services based on artificial intelligence. The project is backed by well-known AI and robotics companies (Hanson Robotics, Ocean Protocol), as well as leading crypto exchanges (Bitget, Kucoin, and others).