Categories: Analysis

These AI cryptos could benefit from the AI ​​market boom

The crypto market can react quickly to events and announcements. NVIDIA’s (NASDAQ:NVDA) conference is scheduled for March 18th, and this news was enough to send many AI cryptos soaring. They grew by more than 25% weekly and could continue this trend. However, to make a strategic investment, it makes sense to pay attention to AI coins that benefit users the most.

GraphLinq Chain (GLQ-USD)

Source: Have a nice day, Photo/Shutterstock

The blockchain industry is a business for developers. They have spent years refining their knowledge and practice to provide the best possible service. However, they may even be affected by the revolution of artificial intelligence and the development of Graphlinq (GLQ-USD). This project simplifies the creation of blockchain-dependent applications to the point where almost anyone can handle it.

Two main components of the platform’s ecosystem are GraphLinq Chain and GraphLinq Protocol, the latter of which automates process management. With its help, users without programming knowledge can implement and manage various types of automation. At the same time, GraphLinq IDE (Integrated Development Environment) visualizes processes. Even complex systems become clear thanks to this tool.

GraphLinq Chain is one of these top AI cryptocurrencies because of the GraphLinq Intent AI. Users can enter their queries in text format and save time creating charts and sequences. Since GraphLinq launched in 2021, the integration of intent-based AI is perhaps the most significant event in the project’s history.

GLQ is the fuel of the GraphLinq mechanism. It participates in the automation workflows and payment of execution costs in the GraphLinq ecosystem. The token’s deflationary nature has attracted users and investors before, but it wasn’t until 2024 that the coin showed its true potential. At the end of 2023, the crypto community’s vigilance was put to the test. At this point, GLQ was steadily rising from $0.004 to $0.013. And in January-March this year, the token reached $0.15.

The following year could bring further dizzying growth for the platform. As user interaction becomes easier and blockchain technologies become more popular, the demand for Graphlinq Chain coins will increase. The prospects of decentralized, no-code automation can survive and thrive during times of changing market sentiment and even the transition to a bearish season.

Fetch.ai (FET-USD)

Source: Shutterstock.com/Maurice NORBERT

Fetch.ai (FET USD) closes the first quarter of 2024 with a well-received announcement. On March 5, the Fetch.ai Foundation introduced “Fetch Compute.” 100 billion dollars Investing in the development of the artificial intelligence economy. This strategic initiative can provide developers and users with computing power to build advanced AI models and solutions. The company will buy Nvidia H200, H100 and A100 GPUs. The project’s ecosystem will be able to meet the shortage of GPUs and set a new standard for AI development.

The company is not entering the AI ​​race alone, but has already won the support of Bosch and Deutsche Telekom. Together they promote the most advanced AI and Web3 technologies on the Fetch.ai network. The aim of the cooperation is to explore the possibilities of artificial intelligence for companies and to improve existing networks. Thanks to this initiative, financial, supply chain and mobility technologies could change in the coming years or months. The project’s token responded to this with a rapid increase $3.08 in a few days.

Last month, FET managed to grow faster than the market. From the level of With a price of $0.66 in mid-February, this representative of AI cryptos has more than quadrupled in price and exceeded the $2 mark for the first time. With a market capitalization of $2.2 billion, Fetch.ai is one of the 100 largest cryptocurrencies. The company’s strong market position combined with its innovation gives analysts confidence. They assume that this coin can rise $5 already before Bitcoin (BTC USD) Halving.

Ocean Protocol (OCEAN-USD)

Source: Shutterstock.com/WindAwake

The decentralized data exchange network Ocean Protocol (OCEAN USD) is a data monetization platform focused on serving startups and researchers. Users can publish, exchange and sell their data. The market for information assets is created through constant transactions on the platform.

The demand for the services of the OCEAN project and the token is growing due to two main advantages. First of all, users feel protected when using the Ocean Protocol. The blockchain solution is in contrast to traditional open source data exchange. The user remains confidential and the exchange is transparent. The Compute-to-Data framework ensures that raw data does not leave its storage location and allows algorithms to work on encrypted data in a secure environment. Second, the Ocean Protocol opens up monetization opportunities in the new data economy. Data NFTs (non-fungible tokens) and data tokens unleash the hands of data traders who can buy, sell or exchange them like regular cryptocurrencies.

The demand for creative solutions reinforced the optimistic mood in the crypto market. This led to this doubling the value of the OCEAN token in less than a month. On March 10, the token reached a local high but has still not broken the 2021 record. At that time the price was over 1.7 US dollars.

It is noticeable that the coin does not only grow in good times for the crypto market, which is a nice difference from several AI cryptos. Already at the beginning of 2023, it managed to triple its value due to the active development of the ecosystem. Regardless of crypto investor sentiment in 2025, OCEAN can continue to grow thanks to the ongoing wave of demand.

At the time of publication, Julia Magas did not hold, directly or indirectly, any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to those of InvestorPlace.com Publishing Guidelines.

Julia Magas is a writer who covers the latest trends in finance and technology. Her work is published in a number of financial media outlets such as Nasdaq, Cointelegraph, Investing, SeekingAlpha, FXEmpire and Beincrypto. She primarily covers cryptocurrencies and blockchain technology with a focus on market performance, innovations and trends.

David Brooks

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