The cryptocurrency market is undergoing a notable shift, with AI-based altcoins becoming pivotal. Investors are currently recalibrating their portfolios for potential 100-fold gains, focusing on eight standout AI altcoins. 

These include Bittensor (TAO), Render (RNDR), Fetch.AI (FET), Ocean Protocol (OCEAN), SingularityNET (AGIX), The Graph (GRT), Arkham (ARKM), and 0x0.ai. Each coin integrates groundbreaking AI technologies with blockchain, preparing for substantial market impact.

1. Bittensor (TAO)

Bittensor (TAO), a leader in decentralized AI learning, rewards participants with TAO tokens to improve machine-learning models collectively. The Bittensor price has decreased by 2.73% and is currently $455. 

Bittensor price chart

Over the last year, Bittensor has seen its value skyrocket by 693%. This increase has boosted its market capitalization to $3 billion. As a result, it stands out as one of the top AI-focused altcoins, especially for investors looking to diversify their portfolios with high-potential assets.

2. Render( RNDR)

Render Network is at the forefront of transforming digital content production with its decentralized GPU-based rendering solutions. By connecting people needing rendering services with GPU owners who have spare capacity using OctaneRender, Render opens up new earning potentials for GPU owners.

Recently, RNDR has decreased by 16% over the last week, now valued at $7.59. Despite this dip, its market cap is close to $2.9 billion, ranking 36th on CoinMarketCap. Render’s growth underscores the significant impact and widening scope of decentralized solutions in the creative industry, marking it as a prime AI-based altcoin for portfolio rebalancing aimed at massive returns.

3. Fetch.AI (FET)

Fetch.AI (FET) is revolutionizing how machine learning integrates with blockchain technology. This initiative is crafting a decentralized network that aims to democratize digital transactions. 

Currently, Fetch.AI price stands at $1.90, a slight 5% decline from the previous day. It holds the 54th position on CoinMarketCap, with its market value reaching $1.61 billion.

4. Ocean Protocol (OCEAN)

Ocean Protocol (OCEAN) is making significant strides in the evolution of data sharing. Leveraging blockchain’s power ensures secure and private exchanges of data. The current price of Ocean is $0.8105, positioning it at rank 136 on CoinMarketCap, and its market capitalization is $462 million.

5. SingularityNET (AGIX)

SingularityNET is setting new standards for decentralized AI services, creating an ecosystem that democratizes access to AI technologies. This platform, rooted in open-source development, utilizes smart contracts to establish an AI marketplace aimed at the public good. 

SingularityNET price chart

With a remarkable year-over-year increase of 86% in its AGIX token, SingularityNET is witnessing a minor setback of 3.76% in the last 24 hours, marking its price at $0.7877. This movement is connected to heightened activities on the blockchain involving the token.

6. The Graph (GRT)

The Graph (GRT) serves as a pivotal indexing mechanism for querying data across blockchains like Ethereum and IPFS, essential for DeFi and the broader Web3 applications. It facilitates the development and release of open APIs called subgraphs, which permit applications to query blockchain data efficiently using GraphQL. 

Currently, The Graph price stands at $0.2408, marking a 2% reduction over the last day. Positioned 44th on CoinMarketCap, it maintains a market cap of $2.27 billion. Despite recent fluctuations, GRT’s value has increased by 42% over the past year, indicative of its resilient performance amid volatile market conditions.

7. Arkham (ARKM)

Arkham (ARKM) introduces a groundbreaking platform that enhances visibility into pivotal cryptocurrency market trends. It meticulously analyzes crypto transactions and trades by sorting them based on value, token type, timing, and participant identities.

Following a recent price drop of 2% to $1.47, Arkham trading volume is recorded at $60 million, with a market cap of $301 million. This ranks it as a prime AI-driven alternative coin with significant growth potential, especially for investors looking at options for high returns.

8. 0x0.ai (0x0)

0x0.ai is at the forefront of integrating privacy and advanced AI-driven safety tools within the DeFi space through a distinctive revenue-sharing model. Employing state-of-the-art zero-knowledge proofs and AI technology, 0x0.ai prioritizes user privacy and offers a secure transaction environment.

0x0.ai 0x0 price chart

The price of 0x0.ai is currently $0.257, after a 7.94% drop in the last 24 hours. Its ranking on CoinMarketCap is 243, and its market cap stands at $223 million, marking it as a notable AI-based altcoin for portfolio rebalancing aimed at substantial returns.

Bottom Line

As the market pivots towards AI-driven technologies, selling these eight altcoins could position investors for high returns. Their combined AI and blockchain innovations offer a solid basis for potential market breakthroughs and significant financial rewards.

The post 8 AI-Based Altcoins To Sell As Investors Rebalance Portfolios For 100X Potential appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am