Interest in AI-focused cryptocurrency tokens has skyrocketed, driven by significant advancements in the AI sector.
CoinMarketCap reports that trading volumes in AI digital assets have increased by around 80% in the past day.
Blockchain analytics firm Santiment suggests that this heightened interest could lead to substantial price gains for these tokens.
This surge in community interest aligns with major developments, such as Nvidia's market value briefly surpassing $3 trillion and its shares reaching record trading levels.
Additionally, decentralised AI projects like Fetch.ai (CRYPTO:FET), Ocean Protocol (CRYPTO:OCEAN), and SingularityNET (CRYPTO:AGIX) are merging to form the Artificial Superintelligence Alliance, which could create a token with an estimated market capitalisation of around $6 billion, further drawing community interest.