Several digital asset projects powered by artificial intelligence (AI) have seen significant growth in the current crypto market cycle. Among the most prominent are Near Protocol (NEAR), Render (RENDER), Filecoin (FIL), Livepeer (LPT), and Bittensor (TAO).
NEAR is a top performer among AI tokens. The altcoin has a market cap of $6.5 billion and ranks 17th among cryptocurrencies by valuation. In the past 24 hours, NEAR gained 1.07%, trading at $5.43, with a 3.56% increase in the past seven days. The digital asset has surged 36.48% in the last 30 days.
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TAO is another strong performer, jumping 121.37% in the past 30 days, 11.54% in the past week, and 1.87% in the past 24 hours. TAO currently trades at $608.97, just 20.67% lower than its all-time high of $767.68 set in April.
On the other hand, RENDER is down 2.39% in the past 24 hours, priced at $6.59, with a market cap of $3.41 billion, ranking as the 29th-largest cryptocurrency. It’s up 7.82% in the past week and 31.96% in the last 30 days. The altcoin has surged 316.80% since September 2023.
FIL and LPT Also Show Bullish Potential
FIL and LPT are down 2.94% and 3.36%, trading at $3.91 and $14.20, respectively, but both have strong potential. Filecoin is a decentralized storage project that addresses the high storage costs faced by many AI projects.
As the AI sector grows, FIL is expected to follow. FIL is up 4.40% in the past week and 12.13% in the past month. LPT introduced Livepeer AI, which aims to transform “the Future of AI Video” by making it more trustworthy, efficient, and scalable. LPT is up 17.75% in the past 30 days and 155.52% since September 2023.
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