Tokens backed by AI are emerging so strongly, hitting the crypto market with several pegs and concepts along with surging price action. It seems its growth pace is outperforming that of Btc, I dare to say.
Looking at CoinGecko's data the value of AI coins market combined, has grown over $26.4 Billion from about 2.7 billion in few months. And I'm wondering what makes AI token work differently from traditional cryptocurrencies to attract the kind of attention it's gathering.
In recent search for promising tokens I've come across some AI tokens with interesting concepts like Nosana AI project planning to have a GPU grid for renting computing power for other AI projects. eTukTuk project looks great with the idea of electric vehicle. I found Artificial Liquid intelligence also, the project looking to empower AI owners in their ecosystem. Then Delysium, an AI- powered open-world framework.
As expected the list can't be complete without meme on the list, right? I found Scotty the AI. To add also, while surfing X Today, I came across ChatAI token trending across social media for their listing announcement on different CEX today.
What makes these tokens attractive to investors that everyone seem to be showing interest in them? It this all about the good price movement and how profitable they can be?