The market cap of AI-related digital currency projects and tokens has increased by 79.7% over the past three weeks, demonstrating the renewed confidence of digital currency investors in this space. On August 6, the total market cap of these projects hit a yearly low of $18.21 billion, largely due to the dependence of the value of these projects on the decline in the price of Bitcoin. But by August 25 (Shahrivar 4), this figure stood at over $38 billion. The leading tokens in this space currently include Near Protocol (NEAR), Internet of Computer (ICP), Fetch AI (FET), and Bittensor (TAO).
AI Digital Currencies Market Cap Surges 80%
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August 27, 2024
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