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Cryptocurrency News Articles
Tech Millionaires Increasingly Flock to Cryptocurrencies Targeted at Artificial Intelligence as AI Transforms Sectors
Oct 15, 2024 at 02:26 pm
Three such projects, Near Protocol (NEAR), Bittensor (TAO), and Rexas Finance (RXS), are leading the charge in merging blockchain and artificial intelligence.
Tech millionaires are increasingly flocking to cryptocurrencies that are aimed at artificial intelligence (AI) as AI rapidly transforms sectors. Three such projects, Near Protocol (NEAR), Bittensor (TAO), and Rexas Finance (RXS), are leading the charge in merging blockchain and AI. They offer exciting creative ideas and exponential growth potential. Certain features that distinguish these coins make them top selections for forward-looking investors.
Rexas Finance (RXS) - AI-Powered Innovation Meets Real-World Asset Tokenization
A newly launched RWA project, Rexas Finance (RXS), combines real-world asset tokenization with cutting-edge artificial intelligence (AI)-powered innovations to facilitate worldwide investments through blockchain technology. Priced at $0.06 in its stage 4 presale, RXS has already generated more than $2.75 million, indicating high investor trust. As Rexas innovates and draws interest in the decentralized finance (DeFi) market, experts estimate a 5000% rise for the platform by 2025.
Rexas GenAI, Rexas’s creative AI platform, democratizes the production of non-fungible tokens (NFTs) by allowing individuals to create high-quality digital artwork with AI. It forms the core of Rexas AI tools. It will enable people without conventional artistic ability to access the NFT market, encouraging more creation and involvement. Apart from NFTs, Rexas Launchpad provides a decentralized token fundraising platform, ensuring safe admittance into DeFi. Rexas Token Builder eases the asset tokenization process by allowing users to generate tokenized assets with a single click.
To reduce security concerns in smart contracts, the Rexas AI Shield conducts thorough audits and ongoing monitoring. It gives blockchain projects credibility by including third-party validated audit reports, drawing wary investors and building platform confidence. With a growing real-world asset market estimated at over $500 trillion, these innovations make Rexas a powerhouse in the blockchain domain, set to upend the investment world.
Bittensor (TAO) - Driving the AI Token Rally
Bittensor (TAO) has had an incredible 164% rise over the past 30 days, leading the charge among AI-oriented cryptocurrencies. From its September low of $220 to a current high of $678, TAO has had a stratospheric surge—up from $637 at the time of writing and barely 13% below its April 2024 all-time high of $767.
TAO’s participation in Grayscale’s Decentralized AI Fund has been a major factor in its rally. In early October, Grayscale raised TAO’s allocation in its portfolio from 2.6% to a shocking 29.5%, outperforming Near Protocol in fund holdings. This action has solidified Bittensor as a top artificial intelligence token as investors pour into the project.
Along with a surge in trading volume—286% in the past month—which reflects rising trader interest in AI-driven blockchain projects, Bittensor is positioned for more expansion as the AI story gathers steam in the crypto industry, having jumped from $1.7 billion to $4.7 billion over the same period.
Near Protocol (NEAR) - Using AI to Shape Blockchain Future
Another notable blockchain project driven by artificial intelligence (AI) has been in the news, especially following a 45% price increase in Q3. NEAR, currently trading at $5.82, has seen a fantastic year-to-date rise of more than 380%. Driven by its innovative architecture and AI integration, market experts remain hopeful that NEAR will keep its upward trajectory even if it is currently 34% below its six-month ATH of $8.8.
The Near Protocol uses AI to improve scalability, security, and user experience at a fraction of the cost observed on other networks like Ethereum. It provides lightning-fast transaction rates, handling up to 100,000 transactions per second. Its human-readable account names also streamline blockchain contacts, increasing the platform’s accessibility to end users and developers alike.
Strategic alliances with leading artificial intelligence and blockchain companies such as Mysten Labs and Aptos have helped NEAR develop. Driven by more adoption and more AI-powered innovation, NEAR is predicted to recover entirely and maybe surpass its past ATH in the next months with its emphasis on accessibility and user experience.
Conclusion
As the AI revolution develops, projects like Rexas Finance, Bittensor, and Near Protocol are leading the integration of artificial intelligence with blockchain, providing creative ideas and great future possibilities. For forward-looking investors, Rexas Finance’s complete ecosystem, Bittensor’s outstanding market performance, and Near Protocol’s scalability and simplicity all position these tokens as top selections.
Now is the time to join Rexas Finance and explore this fascinating new frontier since artificial intelligence is predicted to
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