By Enoch Mutembei
The cryptocurrency space has witnessed a remarkable surge in the performance of AI-focused tokens, fueled in part by the recent unveiling of OpenAI’s cutting-edge artificial intelligence, Sora. OpenAI, under the leadership of CEO Sam Altman, introduced Sora last week, a revolutionary AI operating on a text-to-video logic, translating textual cues into concise video clips. This move has had a profound impact on the AI tokens market, propelling several projects to noteworthy gains in the past 7 days.
Here are five standout AI tokens that have demonstrated exceptional performance:
- Arkham (ARKM)
Arkham Intelligence, a blockchain analysis platform utilizing AI for data anonymization on the blockchain, has experienced a remarkable 100% surge in the past week. The current value of the ARKM token is $1.34, with a circulating supply of 150,000,000 out of a maximum supply of 1,000,000,000.
- iExec (RLC)
iExec, a decentralized computing provider supporting applications across diverse sectors like big data, healthcare, AI, computing, and fintech, has seen an 80% increase in its RLC token over the last 7 days, now priced at $4.33. The circulating supply is 72,382,548 out of a maximum supply of 86,999,785.
- Golem (GLM)
Golem Network, an open-source decentralized computing platform catering to the AI industry with its Golem GPU, has observed a 69% surge in its GLM token, currently trading at $0.37. The total supply of GLM is 1,000,000,000, with all tokens already in circulation.
- SingularityNET (AGIX)
SingularityNET, a blockchain-backed project enabling the creation, sharing, and earning from AI services through a global marketplace, has seen an impressive 117% surge in the AGIX token, now valued at $0.70. The circulating supply is 1,256,577,687 out of a maximum supply of 2,000,000,000.
- Fetch.ai (FET)
Fetch.ai, an AI lab established in 2017 and known for creating a decentralized machine learning network, has witnessed a 68% increase in the FET token, currently priced at $1.13. The supply in circulation is 832,203,961 out of a total supply of 1,152,997,575.
Why the Surge in AI Tokens?
The introduction of Sora by OpenAI has undoubtedly catalyzed this upward trend in AI token prices. It’s important to note that information regarding the public accessibility of OpenAI’s Sora is currently unavailable.
Furthermore, Worldcoin’s WLD token, associated with OpenAI CEO Sam Altman, has experienced a substantial 173% surge in the last 7 days, reaching a current trading value of $8.74.