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As per on-chain analytics, the value of tokens associated with AI-driven blockchain initiatives has surged notably over the last three months, surpassing the performance of most other areas within the crypto market.
Binance Research indicates that the prices of six digital currencies linked to AI blockchain projects increased by an average of 185% from October 2023 to January 2024.
The analysis revealed that the returns from AI tokens exceeded those of most other segments in the crypto market. Throughout the analysis period, DeFi protocol tokens experienced an average rise of 87%, GameFi project tokens increased by 109%, and real-world asset (RWA) tokens grew by 145%. Only tokens from Ethereum Layer 2 protocols outperformed them, with a growth of 221% over three months.
It is important to mention that analysts excluded meme coins from the analysis, as their relatively small market capitalization skews the growth percentage.
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Tokens from AI projects outperformed Bitcoin and Ethereum, both of which also exhibited significant growth in the past three months. Overall, native tokens of Layer 1 protocols appreciated by 184% during the analysis period.
Furthermore, the yearly performance of AI tokens surpassed that of BTC and ETH, which saw increases of 150% and 44%, respectively. In contrast, the annual growth of coins linked to AI blockchain projects varied from 200% to 650%. Analysts at Binance Research emphasized the annual growth trends of these AI tokens:
- Fetch (FET) by 659%;
- SingularityNET (AGIX) by 616%;
- The Graph (GRT) by 222%;
- Ocean Protocol (OCEAN) by 215%;
- Bittensor (TAO) by 191%.
Analysts from Moody’s Investors Service have highlighted how the adoption of AI could revolutionize entire sectors of the economy.
Сообщение Quotes of AI Tokens Grew 185% in 3 Months появились сначала на CoinsPaid Media.
