The Artificial Intelligence market is buzzing with optimism as NEAR Protocol (NEAR), Fetch.AI (FET), Render (RNDR), and Bittensor (TAO) show strong potential for significant gains in 2024. Despite a slight pullback in the past 24 hours, these cryptocurrencies are leading the charge with innovative technologies and growing adoption. They are poised to transform a modest surge into millionaire status by December.

1. NEAR Protocol (NEAR)

NEAR Protocol (NEAR) has been gaining attention as a decentralized cloud computing platform. It addresses traditional blockchain issues such as slow transactions, limited throughput, and weak interoperability. NEAR currently ranks 19th on CoinMarketCap, with a market capitalization of $8 million.

NEAR Protocol price chart

In the past 24 hours, the NEAR Protocol price has experienced a slight 7% decrease in value. However, the price has surged by more than 20% over the past month. This represents a significant upward trend, marking a 357% rise over the past year. NEAR is now seen as one of the best artificial intelligence cryptocurrencies that could achieve millionaire status by December.

2. Fetch.AI (FET)

Fetch.AI (FET), an innovative AI research facility, is developing a decentralized, open-access machine learning network powered by blockchain technology. This project aims to decentralize and streamline online transactions, boosting efficiency and improving the overall user experience.

In the last 24 hours, the Fetch.AI price has dipped slightly by 1.5%, with its trading price reaching $2.25. The currency’s market capitalization currently stands at $1.9 billion, placing it at the 57th in global market cap rankings.

Over the past year, Fetch.AI has seen a remarkable 710% increase and a 15% monthly surge. It is also considered one of the best artificial intelligence cryptocurrencies that could achieve millionaire status by December.

3. Render (RNDR) 

Render (RNDR) is pioneering the transformation of digital content creation with its decentralized, GPU-powered rendering platform. Connecting those needing rendering services with GPU owners who have idle resources leverages OctaneRender for efficiency. This innovative approach maximizes underutilized computing power, creating a new income stream for GPU owners.

Render currently holds the 27th position on CoinMarketCap, with a market valuation nearing $3.99 billion. This significant figure underscores the increasing influence and adoption of decentralized solutions within the creative industry.

Today, RNDR’s value decreased slightly by 0.78%, followed by a minor pullback. The current price of RNDR is approximately $10.26. This fluctuation is part of a broader trend in which AI-centric cryptocurrencies attract heightened interest, driven by the expanding potential of artificial intelligence in various fields.

4. Bittensor (TAO)

Bittensor (TAO) is at the forefront of merging blockchain with artificial intelligence to revolutionize machine learning. This groundbreaking initiative aims to make machine learning development and application more accessible and collaborative, fostering a shared AI ecosystem.

Bittensor price chart

Recently, TAO has shown a robust increase of over 0.2%, reflecting strong investor confidence. The price of Bittensor is currently $412, with its market capitalization reaching $2.82 billion, highlighting its growing influence in the sector. Over the past year, TAO has surged by 519%, with an 11% increase in the past month. This impressive growth positions Bittensor as a top AI cryptocurrency to achieve millionaire status by December.

Bottom Line

With their innovative technologies and growing adoption, NEAR Protocol, Fetch.AI, Render, and Bittensor are well-positioned for significant gains. As the AI market rises, these digital assets could help investors achieve millionaire status by December.

The post 4 Best Buy Artificial Intelligence Cryptocurrencies For $1 Million By December appeared first on CoinGape.

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Filed under: News - @ May 30, 2024 4:29 pm