15 Best Artificial Intelligence (AI) Crypto Coins To Look Into Now (2024)

The hugely popular software from OpenAI with ChatGPT chatbot has dominated headlines, describing how artificial intelligence (AI) technology revolutionizes the way we digest information. Rumors are that Silicon Valley (read: Microsoft) is planning to invest over $10 billion into the project, which can only mean that AI is here to stay. 

One reason AI has garnered so much attention is its ability to help us solve complex problems in unconventional ways and eliminate mundane tasks. It can also help us make better decisions by leveraging data more effectively than humans ever could. As AI continues to evolve, it only opens up even newer possibilities for businesses and individuals to grow. 

When combining AI with blockchain technology, the potential is immense. AI analyzes patterns in blockchain data and detects suspicious activities, helping to reduce fraud and money laundering. Moreover, using AI in confidential smart contracts ensures that transactions comply with predefined rules. Finally, AI uses predictive analytics to better forecast cryptocurrency market trends and prices.

Let's explore the ways that blockchain and crypto incorporate AI. 

Key Takeaways:

• AI cryptos are unique because their utility helps facilitate decentralized networks.

• There are over 200 AI crypto coins. However, not all are worth looking into due to the lack of future planning and research. 

• The demand for AI coins is rapidly growing as technology is increasingly geared toward AI and Big Data. 

How Is AI Crypto Different From Other Crypto Coins?

AI cryptocurrency differs from other crypto coins in several ways, primarily in its utility. First and foremost, AI coins usually have a built-in AI platform that allows users to create and use AI-powered applications. Users can also develop advanced algorithms to help them make better investment decisions, manage their crypto assets more efficiently and even automate trading.

Since AI crypto coins utilize blockchain technology, they’re less susceptible to malicious attacks. In addition, AI crypto can be used on decentralized marketplaces and networks that allow users to buy and sell tokens directly on the blockchain without relying on third parties. AI crypto also features a unique system that rewards users for their contributions to the network. While AI crypto coins are relatively new to the trading world, they’re gaining traction among investors. 

Top 15 Artificial Intelligence (AI) Cryptocurrencies

Cryptocurrency investing is rapidly gaining popularity with investors. Following are the five best AI crypto coins to invest in. 

Ocean Protocol (OCEAN)

Ocean is an open-source protocol that allows individuals and businesses to exchange and monetize data. It also provides data-based services and offers a way to transact easily with both customers and vendors.

The protocol provides a secure and transparent way to create, store and manage data-based services. It also enables developers to build applications that leverage its many features.

Ocean Protocol allows users to securely access data from multiple sources, including public and private data repositories. It also provides a marketplace for data owners and buyers to securely buy, sell and trade data assets.

Furthermore, it offers tools for analyzing large datasets and creating predictive models. The protocol is designed to preserve privacy, allowing users to control who has access to their data while still allowing them to benefit from it.

Current Trading Price: $1.00

All-Time High (ATH): $1.93

All-Time Low (ATL):$0.0128

Note: The current price is as of the article's updated date. 

Fetch.ai (FET)

Fetch.ai is an open-access blockchain network that uses decentralized AI and machine learning. It enables the growth and development of the digital economy with limited human involvement.

Fetch.ai features a decentralized economy of agents, data, services and digital assets that can interact with each other to find, negotiate and execute services. The network's native token (FET) incentivizes network participants, facilitates transactions and rewards miners for validating new blocks on the blockchain.

Its platform also provides developers with tools to build autonomous agents that can interact with the network. As a result, Fetch.ai can optimize smart homes, supply chains, transportation and other sectors.

Current Trading Price: $1.78

All-Time High (ATH): $1.19

All-Time Low (ATL):$0.00827

SingularityNET (AGIX)

SingularityNET is an open-source protocol and collection of smart contracts for a decentralized network of coordinated AI services. It allows developers to monetize AI services on a distributed network, using the Ethereum blockchain and tokenized incentives to coordinate the various stakeholders involved. Its goal is to create an environment where AI services are easy to develop, share and integrate into applications.

SingularityNET enables developers to build AI applications that interact with other network applications. This synergistic environment creates an efficient marketplace where developers can easily find, buy or sell AI services.

Providing access to a vast array of AI algorithms and data sources makes it easier for developers to create powerful applications that leverage the full potential of machine learning.

SingularityNET enables organizations to coordinate the development of complex multi-agent systems in a secure and trusted way.

Current Trading Price: $0.89

All-Time High (ATH): $1.86

All-Time Low (ATL): $0.007497

Numeraire (NMR)

Numeraire is software that resembles a hedge fund portfolio management and trading platform. A blockchain-based token called Numeraire (NMR) powers it, which allows users to pay for services directly on the platform. It also incentivizes people to participate in its activities.

The NMR token is built on the Ethereum blockchain and is used to reward traders for correctly predicting market movements. Numeraire makes it easier for hedge funds and other financial institutions to access sophisticated trading strategies without investing in expensive infrastructure or hiring specialized personnel.

Numeraire provides two applications for its traders:

• Numeraire Tournaments: These weekly competitions allow anyone to submit prediction algorithms. Those who correctly predict market movements get paid in NMR tokens.

• Signal Competition: As with its tournaments, Numerai rewards participants with NMR tokens if they can successfully predict market movements by utilizing fundamental or technical indicators.

Current Trading Price: $35.36

All-Time High (ATH): $168.49

All-Time Low (ATL):$1.93

Oasis Network (ROSE)

Oasis stands at the forefront of Layer 1 networks as a privacy-focused and scalable blockchain. It offers a perfect blend of high transaction speed, minimal gas charges and secured infrastructure, laying the groundwork for web3's next phase, which will be the driving force behind DeFi, GameFi, NFTs, the metaverse, data tokenization and data DAOs.

Oasis is more than just a platform: it's a catalyst for web3's growth and transition to a fully developed ecosystem. With the backing of industry heavyweights, Oasis recently unveiled the $235 million Oasis Ecosystem Fund, aimed at nurturing projects built on its network. Oasis Labs, the technical contributor in the ecosystem, joined hands with major entities like Meta and BMW Group Genetica, among others, to create platforms and products that prioritize individual privacy, data governance and ethical data usage.

The process of consensus and execution is divided into two distinct levels: the consensus layer and the ParaTime layer. This separation aims to enhance scalability and diversify functionality. By separating consensus and execution, various ParaTimes can simultaneously process transactions, ensuring that intricate tasks carried out on one ParaTime don't hinder the speed of simpler, quicker transactions on another.

Current Trading Price: $0.155

All-Time High (ATH):$0.59

All-Time Low (ATL): $0.033

The Graph (GRT)

Graph was founded by a group of engineers and developers to make blockchain data indexing and organizing more scalable and accessible. Blockchain promotes transparency and fairness due to its immutability. However, it is not designed for easy data retrieval. Graph aims to streamline data access to be more user-friendly and potentially boost the development and adoption of decentralized applications (dApps) built on blockchains. 

Similar to how search engines index webpages, Graph organizes data from blockchains into subgraphs, which, in layman's terms, are open APIs. It enables users to query these subgraphs using a specific language (GraphQL) to retrieve relevant data from the blockchain in an optimized turnaround time.    

Even though Graph doesn't use AI in its core functionality, the project facilitates the development of AI-powered applications that leverage their technology. 

Current Trading Price: $0.303

All-Time High (ATH):$2.88

All-Time Low (ATL): $0.093

Near Protocol (NEAR)

NEAR is another strong contender in the AI field, even though AI is not directly integrated within the protocol. The core goal of this protocol is to empower the continuous development of decentralized applications (dApps) on its blockchain platform that is scalable yet user-friendly. 

The key highlight of Near Protocol is its sharding ability using the Nightshade technology, allowing validators to process transactions across multiple sharded chains in parallel, which helped scale the processing power to 100,000 transactions per second and achieve near-instant transaction finality.

Again, AI is not integrated directly within Near Protocol's core functionality. However, the protocol is interested in exploring the intersection of AI and blockchain technology by showing the potential applications like decentralized training of large language models and fostering discussions on responsible AI development within the web3 ecosystem. At the same time, the NEAR Tasks is built on the platform to facilitate decentralized AI training by connecting businesses with individuals who label data for AI models. This can improve data quality and potentially empower fairer compensation for data labeling tasks.

Current Trading Price: $4.18

All-Time High (ATH):$20.42

All-Time Low (ATL): $0.53

iExec RLC (RLC)

iExec is one of the pioneers of decentralized computing in employing blockchain technology. It creates a marketplace where individuals can capitalize on their computing prowess, their applications and even their datasets. This is achieved by facilitating instant access to cloud computing capabilities. 

iExec is equipped to bolster applications in myriad sectors such as big data, healthcare, artificial intelligence, rendering and fintech. Established on Oct. 16, 2016, iExec's mission is to revolutionize cloud computing by introducing an innovative computing model.

The network consists of various providers offering computing resources, referred to as iExec Worker pools. If individuals wish to participate, they can link their machines and be compensated with RLC tokens for lending their resources to the network.

Providers of applications can generate revenue from their algorithms, while data providers possessing valuable datasets can avail them for use via the iExec platform. There's also a consensus protocol known as PoCo (or Proof-of-Contribution), which ensures consensus over off-chain computing. This form of consensus allows external resource providers to certify the usage of their resources directly on the blockchain.

iExec further offers distributed applications (DApps) that run on the blockchain. These provide scalable, secure and convenient access to servers, datasets and computing resources. Since all of this operates on the Ethereum network, it facilitates a virtual cloud infrastructure capable of delivering high-performance computing services as needed.

As a result, iExec is instrumental in supporting the burgeoning category of blockchain-based distributed applications. It also promotes cost-effective and high-performance computing through a decentralized cloud infrastructure.

Current Trading Price: $3.43

All-Time High (ATH): $16.26

All-Time Low (ATL):$0.15

Artificial Liquid Intelligence (ALI)

The AI Protocol operates through the deployment of the Artificial Liquid Intelligence (ALI) Utility Token. ALI is an indigenous ERC-20 utility token and forms the core of the AI Protocol and its associated decentralized applications. It plays a crucial role in regulating, incentivizing and acknowledging the contributions of various participants within the AI Protocol. 

The AI Protocol essentially serves as the foundational rights infrastructure of the emerging Generative AI economy. Its functionality extends to fostering the development, interoperability and administration of AI Characters and Assets, the fundamental elements shaping the intelligent world of tomorrow. 

This protocol operates through a robust set of persistent and decentralized smart contracts, which autonomously enforce the stipulations laid out by ALI token holders. Consequently, developers can create AI DApps and assets that are mutually compatible. It also establishes a secure and trustless platform for trading tokenized AI assets. Among the multitude of DApps designed on the AI Protocol are noahsark.ai and mycharacter.ai.

Current Trading Price: $0.04

All-Time High (ATH): $0.198

All-Time Low (ATL):$0.00575

DeepBrain Chain (DBC)

DeepBrain Chain is a high-performance computing network that can scale infinitely. It employs a distributed AI computing platform built on a blockchain, which allows for the secure, private and cost-effective use of AI capabilities.

The platform enables AI developers to rent out computing power from other users on the network and pay for it with DBC tokens. This model significantly reduces the cost of running AI applications, making it more affordable for businesses.

Large corporations have used DeepBrain Chain to develop cloud-based games, semiconductor simulations and pharmaceuticals.

DeepBrain Chain also provides a privacy layer to ensure that no one can share sensitive data without permission.

Current Trading Price: $0.0036

All-Time High (ATH): $0.66

All-Time Low (ATL):$0.0003536

Hera Finance (HERA)

Hera Finance is an AI-powered multichain DEX aggregator that uses AI to connect to different automated market makers (AMMs) to find the best route discovery between token pairs with the highest liquidity and lowest gas fees. Hera can make over 252,000 calculation attempts on each query. It finds all liquidity pools and creates routes without overdraft scenarios, compiles all these routes and approves them in a single transaction.

The network also uses trade-splitting and multi-hop features to find the best route at which the paths found are divided according to the amount of input. Paths create individual routes that cater to one another, thereby making the maximum output amount. In other words, maximum income is obtained and a balance is created in the pools.

HERA Guard, a built-in feature, helps users to ensure there's 0% slippage while swapping coins. Still, users can choose to customize their slippage tolerance. However, some transactions may not get processed, due to the high volatility. 

Current Trading Price: $4.11

All-Time High (ATH): $10.76

All-Time Low (ATL):$0.15

Akash Network (AKT)

Akash Network functions as a decentralized, open-source platform for the exchange of cloud computing capabilities. Its aim is to present a viable alternative to the conventional cloud services sector, utilizing blockchain technology to deliver a more economic, efficient solution. 

Its platform helps to facilitate the secure trade of computing resources, thus forming a "Supercloud" envisaged to be governed and maintained by its user community, with the source code being accessible to all. It operates on a unique reverse auction mechanism, whereby a customer sets their preferred price and providers engage in competition for the contract, often leading to more competitive rates than other cloud systems.

Akash Network employs a distributed marketplace framework, facilitating the exchange of computational assets among users. It utilizes an innovative approach in which clients suggest their preferred pricing, fostering competition among providers. This scheme is driven by an easy-to-use language based on YAML, known as SDL, which enables users to orchestrate sophisticated deployments across various regions and providers. 

The network is also built on Kubernetes, a system for container orchestration, providing a dependable platform for application hosting. Additionally, it provides an extensive storage solution and an option to lease a dedicated IP address for applications.

Current Trading Price: $4.28

All-Time High (ATH): $8.08

All-Time Low (ATL):$0.17

Phala Network (PHA)

Phala Network is a platform designed to offer cloud computing services with a strong focus on preserving privacy. Its goal is to provide computational capabilities comparable to existing cloud computing services, all while ensuring the confidentiality of the programs it manages. This service operates under a TEE-Blockchain Hybrid Architecture, enabling developers to initiate confidential smart contracts that execute within the TEE enclaves in the CPU. Phala Network is built on top of Substrate, and is intended to operate as a parachain within Polkadot's ecosystem.

PHA, the native utility token of the network, serves multiple purposes, such as procuring trusted computing resources, rewarding data exchanges, staking for security guarantees and facilitating participation in community governance.

Phala Network operates by resolving the trust problem prevalent in the computational cloud. It's an untrusting computational platform designed to allow extensive cloud processing without jeopardizing data privacy. 

The network is established on TEE-based privacy technology, incorporated into modern processors and facilitating a flexible and secure distributed computing cloud. By distinguishing the consensus mechanism from computation, Phala Network strives to guarantee highly scalable processing capacity. As an integral part of the Polkadot cross-chain ecosystem, Phala Network intends to supply computational power to other blockchain applications, all the while safeguarding the data layer.

Current Trading Price: $0.16

All-Time High (ATH): $1.41

All-Time Low (ATL):$0.07

Covalent (CQT)

Covalent (CQT) is a public-source network that compiles data from premier blockchains such as Avalanche, Binance Chain, Ethereum, Polygon and more. The ambition of the Covalent network is to evolve into a comprehensive resource for blockchain data, providing developers with an all-encompassing, precise and current snapshot of the blockchain environment. The platform empowers developers to create multichain applications, such as digital wallets, NFT showcases and user dashboard tools by harnessing data from other blockchains.

As stated in the CQT white paper, current blockchains open up a novel horizon for burgeoning businesses, software developers and users. However, their decentralized structure brings about challenges in various sectors, including finance, retail, personal identity and cryptocurrency. In light of these challenges, the Covalent network aspires to offer a consolidated application programming interface (API) software. 

Current Trading Price: $0.34

All-Time High (ATH): $2.10

All-Time Low (ATL):$0.05

Injective (INJ)

Injective is a blockchain tailor-made for the financial sector. It stands as a transparent, interoperable Layer 1 blockchain, designed to drive upcoming DeFi applications such as decentralized spot and derivatives trading platforms, prediction markets and lending protocols.

Its core objective is to deliver fundamental financial infrastructure components that can be used by DeFi applications. This includes a fully decentralized on-chain order book, resistant to MEV (miner extractable value). Moreover, all forms of financial markets(such as spot, perpetual, futures and options) are wholly on-chain. The decentralized cross-chain bridge infrastructure is designed to be compatible with Ethereum, IBC-enabled blockchains and non-EVM chains such as Solana.

Injective also aims to provide a highly interoperable next-gen smart contract platform powered by CosmWasm, with sophisticated interchain functionalities. Constructed with the Cosmos SDK and utilizing a Tendermint-based PoS consensus mechanism, it offers immediate transaction finality and quick performance (over 10,000 TPS).

Current Trading Price: $40.52

All-Time High (ATH): $46.37

All-Time Low (ATL):$0.66

Are There Any AI Bots for Crypto Trading?

Automation and insights play a vital role in AI crypto trading. As with AI trading, investors use trading bots to buy and sell positions in order to capitalize on market fluctuations, which humans tend to miss.

AI trading bots can be a good option for beginners if used correctly. You don't have to spend countless hours studying charts. Instead, they allow you to utilize profitable strategies without analyzing every nuance of the markets.

For this reason, AI cryptocurrency trading bots have become popular in recent years.

Here are a few examples of the leading ones.

Bybit Aurora AI

Bybit Aurora AI uses advanced AI technology that streamlines and enhances your strategies, lowering the barrier to entry for bot trading and making it accessible to all. Whether you're a novice making your first trade or a seasoned pro looking to optimize, Bybit Aurora AI adapts to your needs.

Bybit Aurora AI leverages AI to analyze historical market data, and through the data analysis, it helps to automate the best settings for your trading strategy, considering factors like potential returns, trading frequency, and risk. The AI creates strategies ranging from High Yield, Stable returns, and High-Frequency trading, each catering to different risk appetites and trading goals. High Yield focuses on maximizing returns, Stable prioritizes minimizing losses, and High Frequency emphasizes frequent trades.

Mizar

For traders who don't have time to sit at the computer for endless hours, there's Mizar. It offers a crypto trading platform that automates, optimizes and manages trades with the click of a mouse.

Mizar uses AI-based algorithms to analyze the markets and generate trading signals. It also has built-in tools for risk management to customize your stop-loss and trailing stop-loss orders.

The platform is suitable for both beginning and advanced traders, as it has both manual and automated trading capabilities.

Bitsgap

Bitsgap is another excellent choice. It allows traders to place algorithmic orders and offers free portfolio management. There's also a free demo mode to test various strategies before committing to the bot.

Bitsgap supports multiple crypto exchanges, and you can set up your trading strategies or use premade ones. You can also customize the parameters for each system and create your own custom trading bot.

The platform offers a marketplace to buy and sell bots, and has other features, such as portfolio tracking and analytics.

HaasOnline

HaasOnline features a comprehensive platform for automated cryptocurrency trading, offering features like backtesting, paper trading, portfolio management and risk management capabilities.

The platform is also integrated with several popular exchanges and provides access to over 100 different cryptocurrencies.

HaasOnline features an intuitive user interface and powerful analytics tools to help traders make informed decisions about their trades. Its platform is ideal for traders looking for an easy way to trade digital assets.

Cryptohopper

Cryptohopper is one of the best AI cryptocurrency trading bots available. It works with various exchanges, including popular ones such as Bybit, Binance, KuCoin and Coinbase Pro.

Its bot allows you to customize your trading strategies and create your own trading signals, allowing you to trade on your terms. Additionally, it has an intuitive dashboard that makes it easy for users to keep track of trades and monitor portfolio performance.

Cryptohopper also has an active community of traders who share tips and strategies for maximizing use of the bot.

Is AI Crypto a Good Investment?

The answer to this question depends upon your financial goals and risk tolerance. AI cryptocurrency is relatively new, so there’s potential for significant growth in its value. Still, as with any investment, there’s also the possibility for losses.

For one thing, implementing cryptocurrencies into your portfolio requires specialized skills and a great deal of patience. Trading models are also often more complex than with stock investing.

That said, AI algorithms, big data processing and machine learning make AI crypto investing easier, especially for beginners. The tech-driven tools now available can level the playing field for the small retail trader. Additionally, using AI and blockchain technology can keep you safe from hackers.

However, before investing in any AI crypto projects or cryptocurrency, it’s crucial to do your own research and consider all the risks associated with investing.

#Bybit #TheCryptoArk