The artificial intelligence (AI) sector is booming, especially with the success of ChatGPT, and AI-focused cryptocurrencies are riding this wave and could be good investment choices, according to some analysts.
When asked about the leading AI cryptocurrencies in the market, ChatGPT listed: SingularityNET (AGI), Fetch.ai (FET), Cortex (CTXC), Numerai (NMR), and DeepBrain Chain (DBC).
However, the AI tool warned that the cryptocurrency market is highly volatile and constantly evolving. Therefore, before investing in any cryptocurrency, “it is advised to conduct in-depth research on the project, its team, actual adoption, and future prospects.”
SingularityNET (AGI)
First, ChatGPT cited SingularityNET (AGI), a decentralized blockchain-based platform that aims to create a global artificial intelligence network. AGI Token is used to facilitate transactions and interactions within the platform.
According to CoinGecko data, the price of AGI token at the time of writing is R$1.39. In the past week, the price has increased by more than 17%.
Fetch.ai (FET)
The second cited ChatGPT AI cryptocurrency is Fetch.ai (FET). It is a decentralized autonomous economy platform that combines artificial intelligence, machine learning, and blockchain.
FET, the original token, is being used to boost the economy and encourage sharing on the platform. At the time of writing, the FET token is priced at R$1.26, up 4.4% from last week, according to CoinGecko.
Cortex (CTXC)
Third, ChatGPT cited Cortex (CTXC), a decentralized AI platform that enables the development and execution of AI-based smart contracts. The platform’s native token is CTXC, which is used to pay for services on the platform and encourage collaboration and sharing of AI models. The cost of CTXC is currently R$0.85, after rising about 13% in the past week.
Numbers (NMR)
Numerai (NMR) was another AI encryption project that ChatGPT included. The platform focuses on crowdsourcing AI models to analyze financial data. Users submit AI models and are rewarded with NMR cryptocurrency based on the performance of their models. Currently, the NMR token costs R$70.78 and its value has risen by more than 7% in the past week, according to Queen Gekko.
DeepBrain Series (DBC)
Finally, the AI botnet platform has included DeepBrain Chain (DBC), a distributed blockchain-based computing platform for training and running AI models. The DBC cryptocurrency, which is used to pay for computing services on the network, is worth R$0.011, after rising by 10% in the past week.
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