Showcasing a surprising development in the last day, Artificial Intelligence (AI) cryptocurrencies are outperforming the broader crypto market. In recent months, AI-related cryptocurrencies have been standing out in the market due to their growing development within this industry, attracting many enthusiasts and investors.

With this, leading AI cryptocurrencies are experiencing a notable recovery in the last 24 hours. Showing good profits in this period, the SingularityNET and (FET) tokens rose more than 6% each.

In the top 10 largest AI-related cryptocurrencies, the token with the biggest growth in the last 24 hours is Akash Network (AKT), which showed an increase in its price of 24.2%, trading at around US$6.00. In its weekly development, the cryptocurrency has seen an impressive 44.6% appreciation in the last seven days.

Furthermore, amid the recent recovery of the broader market, among the main AI tokens, The Graph (GRT), Golem (GLM), Arkham (ARKM) are attracting attention, with a price increase of more than 10% in the last day.

The market cap of AI cryptocurrencies currently stands at $27.9 billion, experiencing growth of over 11% in the last 24 hours. In comparison, the current value of the global cryptocurrency market is $2.44 trillion, which equates to a 2.4% increase over the same period.

Promising cryptocurrencies to keep an eye on in the market

What are the promising cryptocurrencies to keep an eye on in the market today? Cryptocurrency analysis platform Santiment shared a survey on May 7 that highlighted six cryptos that attentive investors looking for opportunities should keep an eye on amid potential high appreciation soon.

The analysis highlighted the outbreaks in the market with cryptocurrencies related to Artificial Intelligence (AI) given the growing development of this industry. In this sense, Santiment highlighted the cryptocurrencies Render (RNDR), AIOZ Network (AIOZ), Turbo (TURBO), Cirus (CIRUS), Deri Protocol (DERI).

“The surges in AI and Big Data continue as crypto projects related to the booming industry continue to flourish. $RNDR (+11%) is seeing rapidly growing talk as the top trending asset currently. Keep an eye on $AIOZ, $TURBO, $CIRUS and $DERI as well.”


The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing in or trading cryptocurrencies carries a risk of financial loss.


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