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9 Best AI Crypto Coins to Invest in 2024

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Kane Pepi

Last updated on: 29 November 2024

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When you’re looking for the best AI crypto coins to invest in, it’s crucial to do some due diligence beforehand. That’s exactly what you’ll find in this article today, together with precious information about these exciting potential money-making opportunities. 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 between $23 and 24 billion. This means the market is still heavily undervalued, and there are plenty of opportunities to find some top AI cryptocurrencies before they explode.

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

Best AI Crypto Coins to Invest in December 2024

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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.

#	Name	Price	Changes 24H	Market Cap	Volume 24H	Available Supply	Price Graph (7D)

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

NEAR Protocol is the leading AI crypto coin by market capitalization and is widely considered the best AI crypto project. 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. Its current valuation is that of over $5 billion. However, buying NEAR Protocol today will secure an 80% discount from prior all-time highs. It’s a great oportunity to invest in the leading AI coin at an attractive entry price.

Pros

Market leadership in AI and dApps
Scalability through sharding
AI-driven scalability
Strong price performance
Robust ecosystem for dApps

Cons

Fierce competition in dApp and AI space
Volatility in token value
High entry barriers for developers

Buy NEAR Protocol on eToro

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US customers can only invest in Ethereum, Bitcoin, and Bitcoin Cash.

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

Render is also one of the top AI coins as 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 was one of the top performers in the crypto AI niche and when we look at performance, Render was among the best AI crypto projects.

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 reasonably attractive, as it has returned over 200% in the previous year. Currently, Render trades with a market capitalization just under $3 billion. Due to a recent market correction, Render is currently down by 60-64%% from its all-time high. Over 70% of the total supply is already in circulation.

Pros

Peer-to-peer GPU rendering network
Strong use case for RNDR Token
Massive price gains
Attractive entry point
Proven use in high-performance industries

Cons

Limited appeal to general users
Dependent on blockchain and crypto market sentiment
Price gains could slow down

Buy Render on eToro

US customers can only invest in Ethereum, Bitcoin, and Bitcoin Cash.

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

Bittensor is another top ai crypto project 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 just under 500,000% since 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 $6 billion valuation. However, Bittensor’s supply could be better, as around 35% of TAO is currently in circulation. This means that a majority of coins are still to enter the market.

Pros

Incentivized AI and machine learning
Rapid growth since launch
Unbiased and decentralized AI
AI model improvement over time
Solid market valuation

Cons

Low circulating supply
Complexity of the network

Buy Bittensor on MEXC

4. 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 between $2.7 and 3.3 billion. A majority of FET tokens are already in the circulating supply.

Pros

Significant market growth
Wide range of use cases
Decentralized monetization for developers
Majority of tokens in circulation
Cross-industry applications

Cons

Decline in market leadership
Limited network effect

Buy Fetch.ai on eToro

US customers can only invest in Ethereum, Bitcoin, and Bitcoin Cash.

5. 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 226% in the past year.

Pros

AGIX token utility
Rapid growth and market interest
Cross-industry partnerships
Scalable and adaptive
Wide developer appeal

Cons

Regulatory uncertainty
Potential dilution from new AI projects

Buy SingularityNET on MEXC

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

Launched in 2019, Ocean Protocol is one of the most established top 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 just over $800 million. However, only 40% of the supply has been issued. Ocean Protocol is up 81% in the past year.

Pros

Data privacy and anonymity
Equitable data ecosystem
Established market presence
Strong market growth
Secure blockchain framework

Cons

High dependency on data market growth
Adoption barriers
Technological scaling

Buy Ocean Protocol on eToro

US customers can only invest in Ethereum, Bitcoin, and Bitcoin Cash.

7. 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 under $300 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 over 1,700%. 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.

Pros

Established project with proven track record
Solid discount for new investors
Steady growth despite underperformance
Fully diluted market capitalization
Monetization of idle resources

Cons

Smaller market capitalization
Potential for network scaling issues

Buy Golem on Binance

8. 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, with a smaller than average market capitalization of just $82 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 about 130% in the previous year.

Pros

Decentralized cloud storage for dApps
Interoperability across leading blockchains
Focus on security and privacy
Integration with multiple blockchains
Small market capitalization with upside potential

Cons

Limited awareness and market reach
Questionable long-term viability in a rapidly evolving market

Buy Aleph.im on MEXC

9. 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 $1.9 billion. This crypto coin has generated 12-month returns of 95%, but it’s currently trading for 60-64% lower than its all-time high.

We’re always on the lookout for the latest crypto finds. If you’re interested in discovering some other great coins and tokens that are worth investing in, check out this source of the best new crypto.

Pros

Layer 1 blockchain for financial application
High transaction throughput
Strong backing and investment
Decentralized lending services
AI-powered financial tools

Cons

High market valuation
Relatively new in AI space

Buy Injective on eToro

US customers can only invest in Ethereum, Bitcoin, and Bitcoin Cash.

Looking To Outperform These AI Coins in 2025?

Pepe Unchained ($PEPU) is an innovative meme coin project that has caught our attention. Leveraging Layer-2 blockchain operations, this token also capitalizes on the buzz surrounding meme coins to produce an efficient ecosystem based on the character Pepe the Frog. Focused on Ethereum, holders of this coin can look forward to robust security and EVM compatibility. It’s also great for buyers because its Layer-2 scaling solution translates into swifter, more price-friendly transactions. What’s more, PEPU also comes with generous staking rewards. Although these stand at 88% per annum at present, this amount will level over time.

This token has already registered a fair amount of investor interest, having made more than $28 million soon after its launch. The presale accepts payments in ETH, BNB, USDT, and credit cards. Its smaller market cap and meme coin hype bodes well for this project, making it likely to do better than our chosen list of AI coins during the bull market. Find out more about Pepe Unchained and similar projects in our guide to the best crypto presales.

Hurry! The Pepe Unchained presale ends on December 13.

Visit Pepe Unchained

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, AI Trading Bots, 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.

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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 artificial intelligence cryptocurrency 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 285% and 240% respectively in the past 12 months. Similarly, SingularityNET and Ocean Protocol are up 226% and 82%.

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 registered an increase of over 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 an 80% discount from all-time highs. Similarly, Bittensor and Golem are available at discounts of 63% 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 $23.5 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.

Which Crypto AI Projects Have the Most Potential?

We are big fans of NEAR protocol, Render, Fetch.ai, and SingularityNET, among the other mentioned on this list are solid choices. 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.
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. If you are interested in other projects with high potential, be sure to check out our article on the Best Crypto ICOs in 2024!

See Also:

FAQs

What are AI crypto coins?

Which crypto projects use AI?

What is the best AI cryptocurrency?

What is the AI crypto that will explode?

How do I invest in AI coins?

What are the best AI coins on Coinbase?

References

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

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Affiliate Disclosure: 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. However, all our recommendations are unbiased and follow a thorough review process.

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Kane Pepi

Kane Pepi is an established financial and crypto content writer who has an impressive portfolio of over 2k articles, guides, and market insights. With his market knowledge in specialized areas such as asset valuation and analysis, portfolio management, and financial... Read More

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