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Artificial intelligence tokens have surpassed bitcoin
Editor’s note: not financial advice!
Analysts at crypto media outlet Daily Hodl note that in a bull rally, AI tokens have managed to outperform the flagship crypto asset BTC $96,703.64 Bitcoin -1.94% Market capitalization $1.91 trillion VOL. 24 hours $2.09 billion and shattered the skepticism of industry players.
Worldcoin (WLD) has undoubtedly led the AI coin rally, rising nearly 790% since its launch in September 2023. As a project of OpenAI CEO Sam Altman, Worldcoin has benefited greatly from the hype surrounding the Sora neural network. In early March 2024, the token reached ATH.
However, the token has faced serious backlash from regulators around the world. A key feature of the project is scanning users' eyeballs and providing tokens in exchange for biometric data. This has raised privacy concerns in several countries in Europe and Asia.
Another potential AI token worth watching is Render (RNDR). The crypto asset has grown by more than 800% in a year.
In recent weeks, the project has announced major developments, the latest of which was a proposal to create 3D datasets for next-generation AI applications.
SingularityNet, Fetch. ai, and Ocean Protocol may also become some of the most interesting projects in the AI field. All of these tokens individually recorded almost 100% growth since January 2024.
However, the media emphasize that it is important to note the risks of volatility inherent in the crypto market.
Just as interest in AI tokens has grown parabolically in recent months, it may decline due to regulatory decisions or other external factors. Therefore, it is always important to remain vigilant and weigh the potential risks.