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Binance Report: AI Cryptocurrency Performs Strongly Compared to Other Sectors Over Past Quarter

Binance Report: AI Cryptocurrency Performs Strongly Compared to Other Sectors Over Past Quarter

AI Crypto Coins Surpass Expectations

Crypto coins leveraging AI have shown strong performance in the last three months, outpacing all sectors except Ethereum Layer 2 (L2) tokens. Binance’s recent report revealed that six AI coins including SingularityNET (AGIX), Cortex (CTXC), Fetch.ai (FET), and others recorded an average price increase of 185%.

Top Performer: Fetch.ai

In the duration of a year, Fetch.ai (FET) saw the highest gains with a 659% increase, surpassing its peers such as AGIX, GRT and OCEAN.

AI Coins Take Second Place

While AI coins have shown exceptional growth, L2 tokens emerged as the best performers with a 221% increase in gains. Meme coins, however, were excluded from the analysis due to their relatively low market capitalization.

What’s Next in AI Crypto?

Launchpad XYZ is a new AI platform that’s set to challenge the sector’s leaders in the near future. The project has generated nearly $2.5 million and plans to list before the end of the month, gaining attention as one of the preferred tokens in the AI crypto space.

Hot Take

Crypto industry experts attribute the strong performance of AI crypto coins to their innovative technology and practical applications. As the AI sector continues to develop, these coins could be a promising investment opportunity for those looking for high-risk, high-reward assets.

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Binance Report: AI Cryptocurrency Performs Strongly Compared to Other Sectors Over Past Quarter