The growing popularity of text-based artificial intelligence (AI) platform ChatGPT aroused public interest in the underlying technologygiving rise to AI-driven technologies cryptocurrenciessome of which are worth watching in the third month of 2023.
With that in mind, Fineball analyzed recent performance and developments surrounding some of the most promising AI-related digital assets to arrive at the list of those that crypto traders And investors should consider paying attention in March, in no particular order.
Ocean Protocol (OCEAN)
An open source block chainbased on the Ocean Protocol data exchange (OCEAN) caught the public’s attention, promising to increase the value of the project through its unique approach to processing and sharing hard-to-access data, which enables developers to create more immersive applications.
Although the price of its data token has suffered in recent days, the sentiment around OCEAN remains bullishas it has seen steady increases since the turn of the year and over the past month, at press time, trading at $0.44, up 20.49% over the previous month and 168% since January 1.
Covalent (CQT)
Web3 Covalent Data Provider (CQT) recently announcement expanding its work with blockchain infrastructure provider NodeReal through the release of the Premium Balance API, a paid service for developers leveraging NodeReal’s infrastructure and Covalent’s data pool.
Since the end of the year, Covalent has recorded a price increase of 33.21%, gaining 34.48% in the previous 30 days, while continuing to rise in the last 24 hours, as it was trading at a price of $0.1433, up 12.88%. the day, as shown in the graphs.
SingularityNET (AGIX)
Racing 153% over the past month and a whopping 820% on its year-to-date (YTD) chart after a period of (in)sideways activity, SingularityNET (AGIX) that allows anyone to easily “create, share, and monetize” AI services has proven to still have a lot of potential.
In the meantime, positive developments, such as the beta test launch from the project’s Cardano staking portal scheduled for March, have fueled AGIX’s continued growth in recent times, with the token gaining 4.02% on the day and 5.62% in the past week, currently changing hands priced at $0.42.
The graph (GRT)
Boasting a market capitalization of $1.44 billion, The Graph (GRT) remains the ultimate leader of its kind, attracting a lot of market attention after a recent Messer report which revealed that query fee revenue on its network grew 66% in the last quarter of 2022.
Offering a new approach to indexing and querying data on the blockchain and potentially solving the problem of developer access to data with GRT incentives, the token has advanced 190% since the start of 2023, in addition to having risen to 80.85% in the past month, is currently trading at $0.16.
Fetch.ai (FET)
Meanwhile, Fetch.ai’s tokens (FETs), which combines blockchain and AI to create an Autonomy of Things (AoT) application network, registered growing interest crypto whaleswhich were seen trading FETs at a higher rate earlier this month.
As it stands, the current price of FET is $0.47, up 5.41% on the day and 12.17% on the week, as it continues to add to the gains of 75.94% on its monthly chart, as well as 410% since the start of the year. start, according to data retrieved on February 24.
Conclusion
Although the price of any crypto, AI assets included, may vary depending on the stage of evolution of the project, related chatter in crypto social circles, as well as factors outside the broader crypto scale. and the macro landscape, these AI-focused cryptos will continue to garner attention (and potentially value) in March.
Disclaimer: The content of this site should not be considered investment advice. The investment is speculative. When you invest, your capital is at risk.