Top 5 Artificial Intelligence (AI) Coins To Watch Out

It's hard to think of two hotter trends than artificial intelligence (AI) and cryptocurrency. So, it's no surprise that these two have come together to create AI cryptocurrencies. Let's take a look at the top 5 AI coins that could explode in the coming days.

1. Fetch.ai (FET)

Fetch.ai is a platform that uses AI and machine learning on the blockchain. It focuses on automating business tasks like data processing and trading. The platform's cryptocurrency, FET, is used to pay for transactions within the network. In the last 48 hours, the FET price has increased by almost 32%. 

Fetch.ai (FET) reached its all-time high of $3.46 on March 28, 2024, and its all-time low of $0.007972 on March 13, 2020. Since hitting its peak, the lowest price was $1.11096, while the highest price since this low was $1.73526. Currently, the sentiment around Fetch.ai is bearish, despite the Fear & Greed Index indicating a level of 63, suggesting a greedy market sentiment.

This surge is due to the rising impact of AI in both traditional and crypto markets. A key factor is Nvidia's incredible success, becoming the world's most valuable company with its stock reaching a record $136.

2. Numeraire (NMR)

Numerai is a platform on Ethereum that lets developers and data scientists build and test more reliable machine learning models. Its main aim is to decentralize data science and encourage developers to compete in making effective prediction models.

Today, the price of Numeraire (NMR) is $19.34 with a 24-hour trading volume of $11.46 million and a market cap of $132.25 million, giving it a market dominance of 0.01%. Over the past 24 hours, NMR's price has decreased by 2.45%.

Numeraire's highest price was $168.49 on June 25, 2017, and its lowest was $1.92474 on November 26, 2018. Since hitting this low, the highest price it has reached is $93.74. The current sentiment around Numeraire is bullish, with the Fear & Greed Index at 63, indicating greed.

3. iExec RLC (RLC)

iExec is a blockchain platform that lets users earn money by sharing their computing power and access cloud computing resources whenever they need them.iExec provides on-demand access to cloud computing resources, supporting applications in fields like big data, healthcare, AI, rendering, and fintech. Founded on October 16, 2016, iExec aims to reinvent cloud computing with a new, innovative approach.

Today, the price of iExec RLC is $2.18 with a 24-hour trading volume of $17.04 million and a market cap of $157.83 million, holding a market dominance of 0.01%. The RLC price has dropped by 4.65% in the last 24 hours.

iExec RLC hit its all-time high of $15.94 on May 10, 2021, and its all-time low of $0.108207 on May 19, 2020. Since its peak, the lowest price it reached was $0.566941, and the highest since then was $4.77. Currently, the sentiment for iExec RLC is bullish, and the Fear & Greed Index shows 63, indicating greed.

4. Phala Network (PHA)

Phala Network is a blockchain platform that combines AI with cloud computing, emphasizing privacy. It offers a decentralized option to traditional cloud services like Amazon AWS or Google Cloud. Phala Network serves as the Execution Layer for Web3 AI. It allows artificial intelligence (AI) to comprehend and interact with blockchains, removing barriers for billions of users to join Web3.

The network's multi-proof system addresses the challenge of executing AI. It enables the creation of tamper-proof and resilient AI Agents on Phala Network, tightly integrated with on-chain smart contracts through AI-Agent Contracts.

Today, the price of Phala Network (PHA) is $0.139117 with a 24-hour trading volume of $7.35 million. It has a market cap of $100.80 million and a market dominance of 0.00%. Over the past 24 hours, the PHA price has decreased by 1.53%.

Phala Network reached its highest price of $1.40885 on May 15, 2021, and its lowest price of $0.070454 on October 13, 2022. Since reaching its peak, the lowest price observed was $0.070454, and the highest since then was $0.476362. Currently, sentiment around Phala Network is bullish, while the Fear & Greed Index indicates a level of 63, signaling greed in the market.

5. Covalent (CQT)

Covalent is a network that gathers information from different blockchains like Ethereum, Polygon, and Avalanche. Developers use this data to create apps that tackle issues in areas like finance and retail.

Covalent uses advanced big-data technologies to analyze vast amounts of data, providing valuable insights for investors. It enables developers to focus on more impactful projects within their organizations.

Today, the price of Covalent (CQT) is $0.148259 with a 24-hour trading volume of $781,897. Covalent's market cap and market dominance information are not provided. Over the past 24 hours, the CQT price has decreased by 9.61%.

Covalent reached its highest price of $2.02 on August 14, 2021, and its lowest price of $0.059471 on September 21, 2022. Since hitting its peak, the lowest price observed was $0.059471, and the highest since then was $0.455497. Currently, sentiment towards Covalent is bearish, while the Fear & Greed Index indicates a level of 63, indicating greed in the market.