Top 5 AI Cryptos Worth Buying In February 2023

LAGOS (CoinChapter.com) — The influence of Artificial intelligence (AI) cryptocurrencies is steadily growing and now might be the best time to invest in the nascent industry.

To begin you might be wondering what Are AI Crypto? In simple terms, they are digital tokens that power artificial intelligence-based blockchain projects. Due to the flexibility of artificial intelligence, AI crypto projects come in different shapes and sizes. This ranges from gaming, web3, decentralized marketplaces, tracking, among others.

In fact, some of the best altcoins in the present crypto market use AI technology in one way or another. Regardless of the type of project, AI integration allows crypto platforms to be more efficient and adaptive – paving the way for a new generation of digital tokens that can revolutionize how we interact with technology.

Notably, each AI crypto project is unique in its own way. This is because each crypto project is built with a different set of objectives, and AI is only a means to achieve these goals. As a result of their increasing growth, Coinchapter takes a look at the current top five AI Cryptos worth buying in this February.

1. Fetch.ai (FET)

Fetch.ai is an AI and machine learning platform based on the blockchain. It is focused on automating business tasks such as data processing and trading. Its native cryptocurrency, FET, is used to pay for transactions on the network.

Currently, Fetch.ai is the top AI crypto by market cap with over $280.5 million, according to data from Coingecko. FET price has skyrocketed by more than 190% over the past month. Additionally, at the time of publication, FET was trading at $0.27, a decrease of 0.5% in the last 24 hours.

2. SingularityNET (AGIX)

Second on the list is SingularityNET an open-source protocol and smart contract collection for a decentralized network of coordinated AI services. It enables developers to monetize AI services on a distributed network by leveraging the Ethereum network and tokenized incentives to unite the various stakeholders involved.

SingularityNET currently has a market cap of $208.2 million which is anticipated to climb by over 2000% before 2025. SingularityNET token AGIX has rallied by almost 290% over the past 30 days, trading at $0.174. Furthermore, data from Coingecko indicate that AGIX at press time has a 24-hour trading volume of $17.9 million and a circulating supply of 1.2 billion AGIX.

3. Numeraire (NMR)

Numerai is an AI blockchain network that acts as a hedge fund, using artificial intelligence and machine learning to make investments in stock markets globally. Numerai also offers two unique applications: The Numerai Signals application and the Numerai Tournament application.

Notably, since the beginning of 2023, the price of Numeraire’s token (NMR) has jumped from around $12 to $17 – translating to an impressive gain of over 30%. Although the AI crypto is far from its all-time high of $93.15 attained in May 2021, the new resurgence shows it is worth buying.

4. Artificial Liquid Intelligence (ALI)

Artificial Liquid Intelligence (ALI) is a decentralized protocol powering a growing metaverse (tagged Noah’s Ark) of Intelligent and Interactive NFTs (iNFT). The aim of Noah’s Ark is to be used to preserve, and even evolve, the collective intelligence of humanity.

The project’s native token is ALI and is accessible via Uniswap. ALI is used for various work transactions, including leveling up and training iNFTs. The AI crypto price has skyrocketed almost 280% over the last 30 days. However, at press time ALI was trading at $0.033, down around 6% in 24 hours.

5. Ocean Protocol (OCEAN)

Ocean Protocol is an Ethereum-blockchain-based platform that allows businesses and individuals to exchange and monetize data and data-based services. This might involve making data available to researchers and startups without the data being relinquished by the data holders.

Notably, Ocean Protocol’s recent update (Ocean ONDA V4) has created buying pressure on its coin. At press time OCEAN was trading at $0.3662, down 3.93% in 24 hours. However, the AI crypto has recorded a 6.97% growth over the past week with an impressive monthly gain of about 120%.