AI-Based Crypto Tokens Post Strong Monthly Gains

Dow Jones
Oct 02

1157 ET - One of crypto's bigger gainers right now is also one of its smallest market sectors, says Zach Pandl of Grayscale in a note. The AI Crypto Sector, or tokens that use AI tools as part of their blockchain platforms, posted gains that outshined larger peers - led by NEAR, which rose 183% in September, says Grayscale. Other tokens in the sector that posted big gains include Bittensor, World, and Venice - gaining as much as 70% for the month. Combined, the sector is worth roughly $15 billion, allowing for a lot of room for further growth. Last month was a strong one for cryptocurrencies as a whole, following the rally in flagship cryptocurrency bitcoin.

 

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10