Blockchain tokens associated with artificial intelligence (AI) are expected to see gains in the three months leading up to January 2, 2024, as per insights from Binance Research.
Sources revealed that the tokens were the second-highest performing category behind Ethereum layer 2s when excluding memecoins. It is believed that when memecoins were included, AI tokens were the third-best performing category. The Binance researchers cited a Dune Analytics dashboard from @Cryptokoryo_research as the source of their data, added Cointelegraph.
The report is expected to include six coins as “AI tokens,” including SingularityNET (AGIX), Cortex (CTXC), Fetch (FET), Ocean Protocol (OCEAN), Oraichain (ORAI), and Render (RNDR).
It is believed that BTC ended the year up 150%, whereas ETH gained by 44%. In comparison to this researchers mentioned that “[t]he one-year performance of [AI tokens] varied from 200% to as high as 650%.” Furthermore, among these AI coins, the top performer in 2023 was Fetch, whose price increased by 659% for the year, concluded Cointelegraph.
(With insights from Cointelegraph)