Top 5 AI Cryptocurrencies to Buy in 2023

In a rapidly evolving crypto world where innovation is the core draw, projects are taking a unique route to solidify their presence in the market.

Crypto projects are adopting a unique approach to establish a strong presence in the rapidly evolving crypto market. One strategy that has gained significant traction is the integration of artificial intelligence (AI) fundamentals into their core concepts.

This merging of cutting-edge technologies has led to the emergence of AI crypto assets, a class of projects that simultaneously harness the power of machine learning algorithms and blockchain.

In this article, we delve into the top five AI cryptos that investors should keep an eye on in 2023.

Best AI Crypto To Buy – Top 5 List

Our top picks for the best AI cryptos to buy now are:

Fetch.ai (FET)

SingularityNET (AGIX)

The Graph (GRT)

Near Protocol (NEAR)

Ocean Protocol (OCEAN)

A Closer Look at the Best AI Cryptos

1. Fetch.ai (FET)

Among the best AI cryptos, Fetch.ai stands out with its highly innovative approach and vast market potential.

This project operates as an open-access machine-learning network, designed to enhance the digital economy through blockchain technology.

Without human intervention, Fetch.ai connects devices to the Internet of Things (IoT) to facilitate data exchange and cooperation.

The Fetch.ai economy thrives on connecting suppliers and consumers through the power of AI to share services. Notably, the project comprises three key elements: Autonomous Economic Agents, the Open Economic Framework, and the Fetch Smart Ledger.

These components work together, acting on behalf of organizational and individual users to carry out digital services.

The ecosystem is powered by FET, a crypto asset with a market cap exceeding $3 billion. Since its launch, FET has soared by more than 500%, offering substantial gains to early investors. Considering the relevance of its native platform, FET is poised to deliver substantial long-term value to holders.

2. SingularityNET (AGIX)

SingularityNET (AGIX) ranks second on our list of the best AI cryptos, presenting a renowned AI-powered decentralized marketplace.

Developed on the Ethereum network, this project enables users to monetize their AI models. For instance, a user can discover a suitable AI model or service in the ecosystem and make a request to the owner to use it.

The owner can decide whether to grant or reject the request. However, if granted, users must make payments in AGIX, the core currency of the platform to access the AI models.

In terms of market performance, AGIX has performed decently on the price charts, surging 197% over the past year. More so, it currently boasts a market cap of $638 million. While not as profound as FET, AGIX is gradually gaining more ground and has the potential to become one of the major drivers of the AI crypto economy.

3. The Graph (GRT)

The Graph (GRT) stands out as a decentralized platform that relies on the powers of AI to index blockchain data. The core purpose of this platform is to gather, process, and store data so that they can be used by downstream applications. Like AGIX, The Graph is also built on the Ethereum network, with the goal of making blockchain data highly accessible.

Thanks to its decentralized posture, The Graph boasts a governance mechanism, comprising a group of individuals who oversee the network.

That being said, The Graph’s native token, GRT has experienced some impressive price performances in recent months, rising through the ranks to position itself as one of the top 7 AI coins on the market.

4. Near Protocol (NEAR)

When it comes to naming some of the biggest AI crypto projects around, Near Protocol (NEAR) takes the front seat. The project boasts a market cap that exceeds $5 billion to sit comfortably at the vanguard of that bustling niche.

Central to NEAR is its native network which provides scalable and efficient blockchain services to users. Through its unique sharding approach, the blockchain network eliminates any form of network congestion, allowing developers to build high-performance apps with low transactions.

With plans to deploy its highly-anticipated Nightshade 2.0 upgrade, NEAR is reshaping the overall experience of users. According to experts, the final deployment of this upgrade may trigger a massive rally for NEAR.

5. Ocean Protocol (OCEAN)

Ocean Protocol presents itself as a decentralized protocol for building powerful AI technologies and monetizing data sharing. In essence, the project helps simplify and decentralize the exchange of data amongst users.

Through the platform, users can easily share data without sacrificing their privacy. As such its major objective is making data ownership possible.

Overall, the native token of this project, OCEAN remains one of the key AI cryptos to watch closely this year. Since its launch, the token has jumped 1600%, bringing over 10x gains to early birds.