AI Crypto Tokens, A Winner in Recent Times: Report

10 months ago 3

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Artificial intelligence (AI) cryptocurrency tokens are emerging as a clear favorite for investors in recent times, according to cryptocurrency exchange Binance.

“Interest in artificial intelligence (“AI”) has experienced an upswing in the last few months, as evident by Google search trends and soaring AI-related token prices,” the report stated.

AI Crypto Tokens Driven by Online Search

In a recent report, cryptocurrency exchange Binance highlighted that search results for AI online has skyrocketed recently, suggesting that could be related to the reason for the surge in AI crypto tokens in recent times.

“Interest in artificial intelligence (“AI”) has experienced an upswing in the last few months, as evident by Google search trends and soaring AI-related token prices.”

AI Leading Crypto Narrative this Year

BeInCrypto recently reported that AI was the leading crypto narrative for the year. According to recent research from industry metrics outlet CoinGecko. Moreover, Web3 gaming was also a popular narrative for 2023.

AI was by far the most popular crypto narrative in 2023. It accounted for 11.3% of total crypto narratives interest, according to a December 28 report.

BeInCrypto reported in September 2023 that AI digital assets have fallen flat as the bear market lengthens. This year’s hype for all things AI has not extended into crypto assets based on the technology, despite the launch of Worldcoin.

According to recent trading data from Kaiko, the weekly trade volume for AI-affiliated tokens “remained subdued” in August.