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11 Best AI Crypto Coins to Invest in 2024

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Artificial intelligence (AI) is one of the top-performing crypto narratives right now. Even so, CoinMarketCap data shows that the AI crypto space is currently worth just $36 billion. This means the market is still heavily unvalued.

In this guide, I explore the best AI coins to invest in. Discover leading AI crypto projects with the most potential as we approach the 2024 bull market.

The Top 11 AI Coins to Buy Now

The best AI coins to invest in are summarized below:

  1. WienerAI – Overall best AI token to buy with high staking rewards. Raised over $588K in less than a week.
  2. eTukTuk – Emerging AI token to buy, developing EV tuk-tuks with AI navigation tools
  3. NEAR Protocol – Innovative network for decentralized applications, with scalability and governance driven by AI
  4. Render – Distributed GPU rendering network with a peer-to-peer framework, 375% gains in the past year
  5. Bittensor – Incentivization data ecosystem for knowledge-building through machine learning and AI
  6. Fetch.ai – AI solutions for consumers and businesses alike, 600% growth in the prior 12 months
  7. SingularityNET – Decentralized ecosystem for paid AI services, covering every industry and sector imaginable
  8. Ocean Protocol – Revolutionizing consumer data monetization in a decentralized and private framework
  9. Golem – Computation solutions for the AI industry, allowing anyone to monetize spare resources
  10. Aleph.im – Supporting the AI ecosystem with decentralized, interoperable, and secure cloud data storage
  11. Injective – Layer 1 blockchain built for finance, supporting AI algo trading, prediction markets, and analysis

Analyzing the Best AI Tokens to Invest in

Read on to learn more about the top artificial intelligence cryptocurrencies. Discover how each pick is revolutionizing the AI space, alongside its price potential, market capitalization, performance, and more.

1. WienerAI – Overall Best AI Token To Buy With High Staking Rewards. Raised Over $588K In Less Than A Week

WienerAI ($WAI) is currently the best AI crypto coin to buy. It is a hot new meme coin that leverages AI and offers high staking rewards to its users.

It combines the fun of meme coins with AI and wants to show a ‘gentler, kinder’ side of AI. This combination is expected to lead to many different uses for the token and keep it relevant in the future.

Early buyers can get $WAI tokens for just $0.000702 each at the time of writing. It’s worth noting that this price will soon rise in the upcoming presale stage. It raised over $588K in just a few days of launch, showing strong community support.

WienerAI Token Presale homepage

The platform has a highly rewarding staking mechanism, which offers an APY of over 1,400% at press time. However, this rate will decrease as more investors enter the staking pool.

WienerAI has set aside 20% of its total 69 billion tokens just for staking rewards. You can buy the $WAI tokens using ETH, USDT, or BNB, but using BNB doesn’t qualify for staking rewards.

Unlike other meme tokens that lose relevance quickly, the platform aims to create a strong community, AKA ‘Sausage Army,’ to ensure long-term growth.

Interested buyers can enter the WienerAI Telegram channel and follow it on X (formerly Twitter) to get the latest updates on its progress.

ICO Project Ticker Total Supply Chain ICO Payment Methods
WienerAI WAI 69 Billion Ethereum ETH, USDT, BNB, Card

Visit WienerAI Token Presale

2. eTukTuk – Emerging AI Token to Buy, Developing EV Tuk-Tuks With AI Navigation Tools

eTukTuk is one of the best AI cryptos for growth investors. Unlike the market leaders in this space, eTukTuk is a small-cap project that’s currently in presale. This means you can buy TUK tokens before they begin trading on exchanges. In a nutshell, eTukTuk is revolutionizing transportation on the Asian and African continents.

It develops and manufactures electric tuk-tuk vehicles. They’re sustainable, affordable, and compatible with existing electric charging standards. In addition, eTukTuk has implemented AI systems into its vehicle fleet. This helps eTukTuk drivers navigate transportation routes in real-time.

eTukTuk presale

The AI system – which is accessible via the eTukTuk app, ensures the most efficient and cost-effective driving routes are taken. Drivers can also use the app to accept TUK payments. This increases TUK’s use case and ensures the tokens remain relevant over time. The eTukTuk presale has sold over $3 million worth of TUK. Annual staking rewards of 87% are currently available.

Visit eTukTuk Presale 

3. NEAR Protocol – Innovative Network for dApps, with Scalability and Governance Driven by AI

NEAR Protocol is the leading AI crypto coin by market capitalization. It’s considered one of the best ways to gain exposure to the AI narrative. In simple terms, NEAR Protocol is a proprietary blockchain platform that supports decentralized applications (dApps). The unique selling point is that scalability improvements are automated via an AI protocol.

Its ‘sharding’ mechanism offers an alternative way to increase transactional throughput. This is because the network is split into micro-units, ensuring smooth and fast confirmation times. NEAR Protocol also developing an AI governance model. This means network proposals will automatically be implemented, allowing indefinite improvements when needed.

NEAR Protocol price prediction

In terms of price performance, NEAR Protocol has increased by over 270% in the past year. This translates to a valuation of over $7 billion. However, buying NEAR Protocol today will secure a 65% discount from prior all-time highs. This could be the last chance to invest in the leading AI coin at an attractive entry price.

Buy NEAR Protocol on eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. [website domain name] is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

4. Render – Distributed GPU Rendering Network With a Peer-to-Peer Framework, 375% Gains in the Past Year

Render is also one of the best AI coins to buy. It leverages AI to offer rendering services to high-performance creators, such as those involved in gaming, virtual reality, and animations. These creations demand significant graphics processing unit (GPU) space, meaning production is often slow and expensive.

Render’s solution works on a peer-to-peer framework. For example, those with suitable GPU reserves can join the Render network. This enables them to monetize their spare resources. In turn, those requiring GPU services rent what they need. Payments are made in Render’s native token, RNDR.

Render price chart

This ensures RNDR has a solid use case. Render’s investment thesis is also attractive. It has returned over 375% in the prior year. Currently, Render trades with a market capitalization of over $3 billion. Due to a recent market correction, Render is currently 37% below all-time highs. Over 70% of the total supply is already in circulation, which is healthy.

Buy Render on eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. [website domain name] is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

5. Bittensor – Incentivization Data Ecosystem for Knowledge-Building Through Machine Learning and AI

Bittensor is another top player in the ever-growing AI crypto space. It’s an open-source blockchain protocol that leverages AI and machine learning. Bittensor encourages participants to share computational resources, which supports its AI training models. Participants are rewarded in TAO based on the value they provide.

This helps AI models build unbiased and accurate knowledge over time. Put otherwise, Bittensor’s capabilities increase as more data and computational resources are provided. When it comes to performance, Bittensor has enjoyed rapid growth since launching in March 2023. CoinMarketCap shows an increase of over 350,000% since its Bittensor’s inception.

Bittensor price prediction

Bittensor recently hit an all-time high of $506.36, but has since retraced. Today, investors can buy TAO at a 40% discount. Current market prices give Bittensor a $3 billion valuation. The main drawback is Bittensor’s supply. Just 31% of TAO is currently in circulation, meaning a majority of coins are still to enter the market.

Buy Bittensor on MEXC

6. Fetch.ai – AI Solutions for Consumers and Businesses Alike, 600% Growth in the Prior 12 Months

Once the AI market leader, Fetch.ai is no longer the largest AI coin by valuation. That said, it’s still one of the best AI pure plays. What’s more, Fetch.ai continues to reward token holders by consistently outperforming the broader market. For instance, Fetch.ai has increased by almost 600% in the prior year.

New market entrants can secure an attractive price; Fetch.ai trades 35% below all-time highs. This decline was witnessed in the past month alongside the wider AI niche. In terms of utility, Fetch.ai helps consumers and businesses alike automate and streamline tasks. The use cases are endless, from booking flights and avoiding traffic to finding parking spots.

Fetch.ai price prediction

Through constant machine learning and AI development, Fetch.ai’s technology constantly improves and adapts. Its decentralized networks also enable developers to monetize their AI creations. The ecosystem token is FET, which has a valuation of just under $2 billion. A majority of FET tokens are already in the circulating supply.

Buy Fetch.ai on eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. [website domain name] is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

7. SingularityNET – Decentralized Ecosystem for Paid AI Services, Covering Every Industry and Sector Imaginable

Next on this list of AI cryptocurrencies is SingularityNET. This innovative project has developed a decentralized ecosystem for AI service providers. In simple terms, developers can use SingularityNET to monetize their AI and machine learning creations. Anyone wishing to use the respective service needs AGIX tokens, which are native to the project.

The use cases are unlimited, with SingularityNET suitable for every industry and sector imaginable. Especially those with high throughput requirements. One example is Rejuve.Bio, an AI biotechnology firm currently using the SingularityNET platform. It enables stakeholders to research and analyze data related to human aging.

SingularityNET price chart

Another popular application is Cognito. This brings institutional-grade investment products to the blockchain ecosystem. Other fields leveraging SingularityNET include distributed computing power, multisensory virtual experiences, autonomous working agents, and NFT-based gaming. SingularityNET is valued at just over $1 billion and is up 174% in the past year.

Buy SingularityNET on MEXC

8. Ocean Protocol – Revolutionizing Consumer Data Monetization on a Decentralized and Private Framework 

Launched in 2019, Ocean Protocol is one of the most established AI crypto coins. It has created a decentralized hub that revolutionizes data monetization. In its current form, consumer data is reluctantly shared with social media platforms and other third parties. In turn, the data is monetized on the user’s behalf.

Ocean Protocol solves this issue through an equitable and open data ecosystem. Participants can freely share their data with the Ocean Protocol network while retaining their anonymity. Data is secured on the blockchain ledger, ensuring breaches and hacks are avoided. Crucially, those providing data are incentivized with OCEAN tokens.

Ocean Protocol price

This means monetization is earned by the data owner and not third-party entities. Ocean Protocol also leverages AI systems for high-end data analysis. This enables end users to discover insights and trends. Ocean Protocol has a market capitalization of almost $545 million. However, only 40% of the supply has been issued. Ocean Protocol is up 165% in the past year.

Buy Ocean Protocol on eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. [website domain name] is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

9. Golem – Computation Solutions for the AI Industry, Allowing Anyone to Monetize Spare Resources 

Golem is also one of the best AI coins to consider – especially if you’re after smaller-cap plays. After all, Golem has a market capitalization of just $387 million. This valuation is fully diluted, as 100% of the GLM supply is already in circulation. What’s more, Golem is an established AI project – it launched in January 2017.

Since then, Golem has increased by almost 2,500%. That said, while Golem’s value has risen by 70% in the prior year, this underperforms the broader AI market. Nonetheless, new investors can secure a 70% discount based on prior all-time highs. This offers a solid entry point for the next AI bull run.

Golem price today

In terms of utility, Golem has developed a peer-to-peer network for computational resources. Companies with AI products and services can rent resources from Golem users. This is particularly attractive for building scalable AI solutions, such as machine learning training and CGI rendering.  Those providing computational capacity are rewarded in GLM tokens.

Buy Golem on Binance

10. Aleph.im – Supporting the AI Ecosystem With Decentralized, Interoperable, and Secure Cloud Data Storage   

One of the riskier options on this AI crypto tokens list is Aleph.im. It has a small market capitalization of just $68 million. While this offers huge upside potential, Aleph.im is a lot more volatile than other AI tokens. In addition, just over 50% of the token supply has been issued, which increases the risk spectrum.

That said, Aleph.im has developed an innovative product that serves the broader AI ecosystem. It enables projects to store data on the cloud without compromising on security. This is particularly useful for dApps with a high transactional throughput. Allocating data to the Aleph.im cloud ensures that dApps avoid network overload.

Aleph.im review

Another unique selling point is that Aleph.im has been developed with interoperability in mind. It’s compatible with the leading blockchain standards, including Ethereum, Solana, Cosmos, BNB Chain, and Polkadot. This means the target market is huge. Price performance is also promising; Aleph.im has increased by nearly 290% in the prior year.

Buy Aleph.im on MEXC

11. Injective – Layer 1 Blockchain Built for AI Finance, Including Algo Trading, Prediction Markets, and Analysis   

Injective is one of the best artificial intelligence coins from the finance sector. It has developed a proprietary layer 1 blockchain for financial applications, including derivative trading and decentralized exchanges. The network offers lightning-fast performance; it’s capable of scaling over 10,000 transactions per second.

It also comes with bridge aggregator tools, including support for the Ethereum and Solana networks. In addition, Injective is ideal for AI-based financial tools. This includes everything from algorithmic trading and prediction markets to data analysis. It also supports decentralized lending services, which is another high-growth market to explore.

Injective price prediction

Injective received financial backing from notable investors, including Binance and Mark Cuban. It’s also one of the largest AI coins by market capitalization; Injective is currently valued at almost $2.5 billion. Although Injective has generated 12-month returns of 275%, it’s currently trading at a huge discount of 50%.

Buy Injective on eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. [website domain name] is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

How is AI Used in Cryptocurrency?

The AI cryptocurrency industry can be split into two core markets.

  • First, there are infrastructure ecosystems. These are platforms that support individual AI projects. For instance, by providing a decentralized network for AI services or by supporting data storage.
  • Second, there are individual AI projects, which cover a range of use cases and innovations. This includes everything from cybersecurity solutions and derivative trading platforms to machine learning tools for healthcare analysis.

Let’s take a closer look at how AI is used in the cryptocurrency space.

AI Infrastructure

The most valuable AI crypto coins back infrastructure networks. These platforms support individual AI projects and help the wider AI ecosystem grow.

For example, the Injective network provides a home for finance-based dApps. AI solutions include algorithmic trading and AI predictive models. SingularityNET is also an AI infrastructure investment. It has developed a decentralized marketplace for developers to monetize their AI products and services.

Ocean Protocol is another example. It provides infrastructure for secure data monetization. This means consumers are incentivized to provide data while retaining their privacy. Businesses use Ocean Protocol to gain AI-backed consumer insights.

AI Projects

Beneath infrastructure networks are individual AI projects. These are often Web 3 innovators with products or services aimed at end users.

  • For example, consider an up-and-coming platform offering AI-backed trading signals.
  • The platform enables consumers to automate their trading positions through AI and machine learning.
  • In this regard, the project would need to be built on top of an existing infrastructure network.

AI projects typically operate as dApps and have a native token. They’re often smaller-cap projects with a greater upside than infrastructure networks.

eTukTuk presale

However, they’re also riskier, as you’re not directly investing in proprietary technology. From an investment perspective, it’s wise to hold a mixture of the two core markets.

Are AI Coins a Good Investment?

The best AI coins continue to outperform the broader market. The AI narrative has enjoyed unprecedented returns – especially in the prior year. That said, like all trending narratives, AI coins have recently witnessed a market correction.

This offers the chance to build a portfolio of AI coins at more attractive prices. However, there’s no guarantee that the AI trajectory will return, so ensure you consider the risks.

Let’s take a closer look at the AI investment thesis.

Strong Price Momentum 

The AI crypto space has reached new heights in the prior year. Some of the top AI coins have witnessed huge growth. For example, NEAR Protocol and Render have increased by 270% and 375% in the past 12 months, respectively. Similarly, SingularityNET and Ocean Protocol are up 174% and 165%.

The Fetch.ai price has performed even stronger; it’s up almost 600% in the past year of trading. These returns are considerably higher than the market average. For example, CoinMarketCap data shows that over the same period, the wider markets increased from $1.15 billion to $2.3 billion. This represents growth of 100%.

Market Correction

Although AI coins have outperformed the broader cryptocurrency industry, there’s been a huge market correction in recent weeks. This downfall has been much sharper when compared to Bitcoin, Ethereum, and other leading coins. Nonetheless, this represents an excellent time to begin entering positions.

After all, this could be the last opportunity to buy AI coins at current valuations. For example, NEAR Protocol is currently trading at a 65% discount from all-time highs. Similarly, Bittensor and Golem are available at discounts of 40% and 70% respectively. There are many other examples, so consider taking advantage.

Undervalued Industry 

AI is one of the fastest-growing markets globally. According to Grand View Research, the AI industry will generate annual revenues of over $1.8 trillion by 2030. Based on current valuations, this translates to a compound annual growth rate of 37.3%.

Crucially, the market size today is considerably smaller than the projected potential, especially when investing in AI crypto coins.

This offers a huge first-mover advantage, even when buying large-cap projects like Render and Bittensor. For example, I mentioned earlier that the total value of all AI coins is currently just $36 billion. This is based on more than 200 AI coins, meaning the vast majority have small valuations.

AI coins by market capitalization

Put otherwise, just nine AI coins are worth over $1 billion. Most market commentators believe the industry will be worth many multiples more than it currently is. This is especially the case with Bitcoin’s recent halving, which can propel the AI crypto market to new levels.

How to Pick Which AI Coins to Buy

Unlike choosing the best meme coins to buy, the AI crypto industry is easier to navigate. This is because there are considerably fewer projects in the market. However, not all AI coins will benefit from the ongoing revolution. Some will fail to deliver, so choosing the right projects is crucial.

Here’s what to consider when selecting the best AI coins to invest in:

  • Leading Infrastructure Projects: The most risk-averse strategy is to focus on established AI infrastructure projects. These are the market leaders with the highest valuations, most resources, and largest communities. They typically already have working products and strong partnerships. Examples in this category include Render, Fetch.ai, NEAR Protocol, and Bittensor.
  • Up-and-Coming Small Caps: It’s also worth allocating a small percentage of your AI portfolio to up-and-coming projects. These offer a much higher upside potential but are also much riskier. For example, eTukTuk is implementing AI into its electric tuk-tuk vehicles. It’s currently in presale, having already raised over $3 million. This small valuation will appeal to growth investors looking for the next 1000x crypto.
  • Understand the Technology: Choosing the best AI coins to buy requires in-depth research. Unlike meme coins, you’re not investing in hype and speculation. On the contrary, the leading AI projects will succeed based on their innovative products and services. Therefore, be prepared to read whitepapers to understand what each project offers. Pay particular attention to the roadmap objectives and whether they’re being met.
  • Circulating Supply: You’ll notice that many AI projects – including the market leaders, have a large percentage of tokens that are yet to be issued. This is often because the tokens are locked in vesting schedules, meaning they’re owned by early project investors. In turn, when vesting periods are unlocked, this often results in increased selling pressure. Make sure you’re aware of the circulating supply and when new tokens are likely to enter the market.

Once you’ve selected some AI projects to invest in, you’ll need to use an exchange to complete the purchase. The best Bitcoin exchanges, including eToro, MEXC, and Binance, list most of the AI coins on this page.

Conclusion

AI crypto coins are expected to perform well during the next bull market. Some of the leading AI projects to watch include NEAR Protocol, Render, and Bittensor. However, these projects already have a large market capitalization, so the upside will be limited when compared to smaller-cap alternatives.

In this regard, we like WienerAI, a brand-new meme project that integrates with AI. It currently offers its native $WAI tokens for just $0.000702 to early buyers. This price will rise in the upcoming presale stages and during the expected exchange listings.

Visit WienerAI Token Presale

FAQs

Which crypto projects use AI?

There are more than 200 AI projects listed on CoinMarketCap. Some of the leading AI coins are NEAR Protocol, Render, Bittensor, Fetch.ai, and SingularityNET. Investors might also consider a small-cap AI project like WienerAI.

What are the best AI coins to invest in?

The best AI crypto coins are NEAR Protocol and Render, as these are infrastructure projects with solid use cases. Other notable options include WienerAI, eTukTuk, Bittensor, and Fetch.ai.

How do I invest in AI coins?

First, you’ll need to know which crypto exchanges list your chosen AI coins. After that, open an account with the exchange, make a deposit, and complete the investment.

References

  1. Top AI & Big Data Tokens by Market Capitalization (CoinMarketCap)
  2. AI fever takes over Davos pushing crypto aside as the new cool kid on the block (CNBC)
  3. Cryptoverse: AI tokens outpace record-breaking bitcoin (Reuters)
  4. Artificial Intelligence Market Size & Trends (Grand View Research)

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