3 AI Cryptocurrencies With the Biggest Gains in 2024
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3 AI Cryptocurrencies With the Biggest Gains in 2024
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The Artificial Intelligence (AI) sector in the cryptocurrency market has stood out in 2024, with some protocols registering significant gains since the beginning of the year.
According to data from BlockWorks, AI-related cryptocurrencies are among the best-performing crypto asset classes in 2024, attracting the attention of investors seeking high-yield opportunities.
In this article, we highlight the three AI cryptocurrencies that have stood out with the biggest gains year-to-date: AIOZ Network (AIOZ), Arweave (AR), and Fetch (FET).
AIOZ Network (AIOZ) – up 214.95%
AIOZ Network is a Decentralized Content Delivery Network (dCDN) protocol that powers AI computing, data storage, and streaming for decentralized applications (dApps) within its ecosystem. In 2024, the AIOZ token emerged as the best-performing AI asset, recording an impressive 214.95% year-to-date gain.
One reason for AIOZ’s success is its collaboration with the University of Arkansas on an AI project aimed at advancing medical imaging, announced on August 15. Additionally, AIOZ has attracted popularity among traders for offering low transaction fees, instant finality to speed up live streaming, and the ability to earn tokens through staking.
Arweave (AR) – up 142.61%
Arweave is described as the “open library of the internet,” offering temporary and permanent data storage on the blockchain. In 2024, the AR token saw a significant growth of 142.61%, standing out as one of the top AI assets of the year.
Arweave’s success is tied to its ability to provide an innovative solution for developers and users looking for utility in both temporary and permanent storage. AR has remained flat in August, but it remains a promising asset with the potential for a new rally in the near term.
Fetch (FET) – up 33.81%
Fetch (FET) is an AI-powered blockchain that helps users create a decentralized digital economy within a single ledger. In 2024, FET recorded a cumulative gain of 33.81%, solidifying itself as one of the top AI tokens in the market.
Despite a price correction in July and August, FET still has the potential for further gains. The token is recovering from oversold conditions and could reach the psychological $1 level, an important milestone for the asset.
3 AI Cryptocurrencies With the Biggest Gains in 2024
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3 AI Cryptocurrencies With the Biggest Gains in 2024
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3 AI Cryptocurrencies With the Biggest Gains in 2024
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