10 Best AI Cryptos to Buy in 2024

In today’s ever-changing digital landscape, the fusion of artificial intelligence (AI) and cryptocurrencies allures investors with an exciting investment prospect. As AI gains importance across various sectors, the integration of AI and crypto emerges as a response to the need for secure and decentralized systems.

This article will examine the seven most promising AI cryptos for investment in 2024 that will allow investors to engage in the rapidly expanding AI revolution. These digital currencies combine AI’s revolutionary potential with blockchain technology’s capabilities, aiming to revolutionize critical sectors such as finance, healthcare, and logistics.

By unveiling the immense potential of these creative digital assets in reshaping the future of the global economy, this article will delve into the realm of some of the best AI cryptos to invest in.

10 AI Coins to Watch This Year

Below is a curated compilation of the seven best AI cryptos to buy during 2024.

1. NEAR Protocol: A layer-1 blockchain network that will use AI technology to overcome issues that are faced by existing networks.
2. Bittensor: An innovative project that merges blockchain and machine learning to create a decentralized AI marketplace.
3. Internet Computer: A blockchain ecosystem that allows developers to build web applications without traditional IT infrastructure.
4. The Graph: An AI indexing tool that makes querying blockchain data more efficient.
5. Render Token: A GPU-based rendering solution that will transform digital content creation.
6. Injective: The best AI crypto that supports innovative DeFi applications
7. Artificial Super Alliance: An exciting collaboration between 3 leading AI crypto projects that offers an alternative to AI being driven by big tech.
8. Theta Network: A Layer-1 blockchain network that paves the way for user incentivisation.
9. Turbo: The first meme coin built by AI.
10. io.net: The world’s largest decentralized computing network.

What Are AI Crypto Coins?

AI crypto coins, also known as artificial intelligence tokens, are a groundbreaking type of digital asset that leverages blockchain technology to power a wide array of AI-related projects. These projects can range from decentralized AI marketplaces and AI-enhanced trading platforms to AI-driven decentralized organizations and more. By integrating AI with blockchain, these crypto coins democratize access to advanced AI technologies and services, ensuring secure and transparent transactions.

AI crypto coins provide a unique value proposition by enabling users to access and utilize AI services directly on blockchain platforms. This includes everything from machine learning algorithms to natural language processing tools. The decentralized nature of blockchain ensures that these services are not controlled by a single entity, promoting fairness and security.

As the demand for AI continues to grow, AI crypto coins are poised to play a crucial role in the future of digital assets and blockchain technology.

The Role of AI in Cryptocurrency

Artificial intelligence is revolutionizing the cryptocurrency space, bringing unprecedented advancements in how we trade and interact with digital assets. AI-powered trading robots, for instance, are transforming the trading landscape by providing real-time analysis and predictions, optimizing trading strategies, and enhancing decision-making processes. These algorithms can analyze vast amounts of data at lightning speed, identifying market trends and predicting price movements with remarkable accuracy.

Beyond trading, AI-based projects are enhancing the overall efficiency and security of the cryptocurrency market. AI can detect fraudulent activities, prevent security breaches, and improve user experience by personalizing interactions and automating processes. The integration of AI in cryptocurrency is not just about making smarter trades; it’s about creating a more secure, efficient, and user-friendly ecosystem for all participants.

A Closer Look at The Best AI Crypto to Invest In

Below, we take a closer look at the best AI cryptos to buy in 2024.

1. NEAR Protocol: The best blockchain network token with AI capabilities to buy in 2024

a layer-one blockchain that really shines when it comes to tackling the usual problems many blockchain networks face—like slow transaction speeds, scalability issues, and interoperability hiccups. Thanks to its cutting-edge Nightshade technology, which is a cool twist on sharding, NEAR can handle an impressive 100,000 transactions per second while keeping transaction fees super low. This makes it way more scalable and efficient compared to competitors like Ethereum.

One of the standout features of NEAR is how user-friendly it is. It offers human-readable wallet addresses and a simplified onboarding process for both users and developers. This focus on ease of use has really helped the platform grow quickly, making it appealing for decentralized app developers and everyday users alike. You can find innovative projects like Flux and Mintbase on its platform, which explore real-world assets and the NFT market.

On the AI front, the NEAR.AI R&D Lab is working on an “AI Developer” that will help create end-to-end Web3 applications from user intents. This tool is designed to empower users to build their own Web3 applications, which could really boost the adoption of Web3 technology.

NEAR also has a strong community backing it—the NEAR Collective—that continuously works to update the protocol and enhance its security and performance. Recently, they launched a non-custodial mobile wallet called Sender, which has already gained over 300,000 downloads, making it even more accessible to users. Plus, with partnerships and investments from heavyweights like Binance Labs and Metaweb Ventures, NEAR is showing solid institutional support.

With its winning combination of scalability, a user-friendly experience, and a growing ecosystem, NEAR is shaping up to be a promising investment for anyone looking for a blockchain that can efficiently scale and support a variety of decentralized applications.

2. Bittensor (TAO)

Bittensor is a protocol that blends blockchain technology with machine learning to create a decentralized marketplace for AI. Instead of developing and training AI models in isolation, Bittensor fosters collaboration, speeding up innovation and making AI accessible to everyone around the globe.

Contributors are rewarded with the native token, TAO, based on the value of the information they provide to the network.

One of Bittensor’s standout features is its decentralized structure. By removing a central authority, the platform operates in a transparent, trustless environment. This encourages anyone with computing power or AI models to participate. Thanks to this decentralized governance, both the development and use of AI become democratized, allowing people from all walks of life to access and contribute to advancements in machine learning.

Bittensor also introduces an incentive-driven framework that rewards participants based on the value they add to the community. This ensures a steady stream of high-quality contributions, leading to rapid improvements in AI models. With TAO, users can not only tap into the network’s extensive repository of intelligence but also customize the outputs to fit their specific needs.

By marrying blockchain with AI, Bittensor offers a fresh way to scale and distribute AI technologies in an open, permissionless setting.

3. Internet Computer (ICP)

The Internet Computer is a fully decentralized ecosystem that can scale to support just about any online system. The system lets developers create decentralized applications, web services, and social media platforms without having to rely on traditional IT infrastructure, like cloud services.

ICP os the network’s native token. It has three main uses: it serves as a store of value, powers network operations through something called “cycles,” and plays a role in governance via the Network Nervous System (NNS). The NNS is a decentralized autonomous organization that controls the network, and it lets ICP token holders participate in governance. This gives ICP a solid grounding in decentralized decision-making.

One of the most innovative features of the Internet Computer is its ability to interact securely with other blockchains. For example, you can send and receive Bitcoin directly without needing third-party bridge services. This opens up a whole world of possibilities in DeFi and cross-chain applications.

With its unique tech foundation, ambitious goals, and innovative governance model, ICP is shaping up to be a promising AI-related cryptocurrency. It has the potential to disrupt various sectors, from cloud computing to decentralized finance, making it an attractive option for investors looking for long-term innovations in the blockchain space.

4. The Graph (GRT)

The Graph is an indexing protocol that makes it easy to query blockchain data. By indexing information from networks like Ethereum and IPFS, The Graph helps support decentralized applications. Why is this important? Well, for AI systems that need fast and reliable access to large datasets, having efficiently organized blockchain data is crucial.

Developers can create and deploy subgraphs, which are essentially open APIs that applications can query using GraphQL to pull specific blockchain data. This setup allows The Graph to power a range of popular decentralized platforms, including Uniswap, AAVE, and Decentraland.

Plus, users of The Graph can earn rewards through the Graph Token (GRT). This token plays a big role in securing the network and ensuring data integrity. It’s a neat system that incentivizes active participation, which in turn boosts the network’s efficiency and reliability.

For investors, GRT’s vital role in decentralized infrastructure and its increasing adoption across various blockchain ecosystems position it as a promising AI cryptocurrency with significant potential for long-term growth.

5. Render Token (RENDER)

Render offers a decentralized GPU-based rendering solution that’s pretty innovative. It connects artists and developers with node operators who have idle GPU compute power. What does this mean for you? It means that 3D rendering, machine learning, and generative AI applications can scale efficiently. This decentralized network not only cuts costs but also speeds up rendering processes and enhances scalability—definitely a win for anyone involved in the digital economy!

For people who are looking to buy into an innovative AI solution, Render is a game-changer. Its ability to tap into GPU compute power on a large scale positions it as a key player in AI-driven projects and the visual effects industry. The platform isn’t just about rendering for creative projects; it also supports complex machine learning models.

6. Injective (INJ)

If you’re looking for an AI-friendly cryptocurrency with a focus on finance, Injective is a solid option to consider. Built as a layer-one blockchain specifically designed for decentralized finance, Injective offers a platform that supports next-gen financial applications like decentralized exchanges, lending protocols, and even prediction markets.

What really makes Injective stand out is its interoperability—it can connect with Ethereum, Cosmos, Solana, and other blockchains. So, if you’re into cross-chain trading or want to tap into assets from multiple blockchains, Injective has you covered. Plus, it boasts lightning-fast transaction speeds (over 25,000 TPS!) while keeping fees low or even zero, thanks to its Proof-of-Stake consensus.

Injective also offers a decentralized on-chain order book that’s resistant to miner extractable value (MEV), making it a go-to for traders and developers alike. Whether you’re building DeFi apps, engaging in yield farming, or simply exploring decentralized exchanges like Helix, Injective’s ecosystem has everything you need.

Backed by top-tier investors like Binance and Mark Cuban, this platform is a powerhouse for financial innovation, making it a strong contender in the blockchain space!

7. Artificial SuperIntelligence Alliance (ASI)

Artificial Superintelligence Alliance collaboration between Fetch.ai, SingularityNET, and Ocean Protocol, all merging their expertise to create the universal AI token $ASI. This partnership aims to accelerate the development of Artificial General Intelligence (AGI) and, eventually, Artificial Superintelligence (ASI)—a level of AI far beyond today’s capabilities.

Fetch.ai, one of the key players, is focused on building a decentralized, permissionless AI network that gives anyone access to powerful AI tools. Their work covers everything from optimizing DeFi trading to transforming transportation networks and smart energy grids. They believe AI should be accessible to all, not just big corporations.

SingularityNET, founded by AI visionary Dr. Ben Goertzel, shares this vision of creating a decentralized and democratic AI ecosystem. Meanwhile, Ocean Protocol enables the seamless trading of tokenized data, empowering individuals and businesses to share valuable data securely.

Together, these projects represent a major shift away from AI being dominated by big tech, promoting transparency, inclusivity, and innovation. The $ASI token is set to play a big role in this decentralized AI future.

8. Theta Network (THETA)

At its core, Theta is a Layer 1 blockchain that operates as a decentralized infrastructure, bringing a lot to the table with its unique dual network setup.

Theta consists of two main parts: the Theta Blockchain and the Theta Edge Network. The Theta Blockchain takes care of payments, rewards, staking, and smart contracts. Think of it as the backbone of the network. On the other hand, the Edge Network handles all the heavy lifting, like compute, storage, and delivering video streams, AI tasks, and even scientific modeling. This division helps them optimize efficiency in video delivery and other applications.

Theta has two native tokens: THETA, which is used for staking and governance, and TFUEL, which acts like gas for transactions and interactions on the network. This dual-token system helps ensure that everything runs smoothly and efficiently.

Theta’s infrastructure empowers media companies to create new revenue streams and engage users in innovative ways through Web3 business models. With tools like the Theta Video API and Theta Web3 Theater, developers can access decentralized video solutions at a fraction of traditional costs.

Theta is also making waves in the NFT space with its ThetaDrop marketplace, partnering with big names like Katy Perry, Samsung, and Sony to redefine digital collectibles. This opens up new avenues for artists and brands to connect with their audiences.

With a strong governance council featuring industry giants like Google and Binance, Theta is positioned to maintain a secure and efficient network. Plus, they’re looking to the future with the upcoming launch of Theta EdgeCloud, a hybrid cloud computing platform that aims to decentralize cloud services, making them more scalable and eco-friendly.

Theta Network is not just about streaming video; it’s about creating a more efficient, decentralized digital ecosystem that benefits creators, consumers, and companies alike. The project is pretty exciting for anyone involved in media, entertainment, or blockchain.

9. Turbo (TURBO)

Turbo is the first-ever memecoin created by artificial intelligence. This project kicked off as a fun experiment in the world of cryptocurrency, with the founder tapping into the power of GPT-4 to tackle a unique challenge. The project developers had a tight budget of $69 and have managed to stretch this budget into one of the leading meme coins.

Turbo Token embodies the spirit of a memecoin made by AI for the people. The project has evolved into a fully decentralized, community-driven adventure. The whole idea is rooted in bringing a bit of fun and creativity to the crypto space, and it’s definitely caught the attention of those looking for something fresh.

With Turbo, you’re joining a lively community that thrives on collaboration and engagement. It’s a great example of how technology and creativity can merge to produce something unique in the ever-evolving world of cryptocurrency.

10. io.net

io.net is the world’s largest decentralized AI computing network and a game-changer for machine learning engineers, providing access to scalable distributed clusters at a fraction of the cost compared to traditional centralized services.

io.net is able to create clusters of tens of thousands of GPUs. Whether these GPUs are co-located or spread across the globe, io.net maintains low latency for deployers. This is a big deal for applications that need substantial computational power, like large-scale data analysis and complex simulations.

The network also allows you to access decentralized GPU clusters on demand. This means you’re not locked into long-term commitments or forced to invest heavily in expensive hardware. It’s an incredibly flexible solution, especially for startups and small businesses that might not have the capital to set up their own infrastructure.

Plus, io.net simplifies things with a one-stop interface for setting up CPU and GPU workers. This makes it super accessible, whether you’re a tech whiz or someone just getting their feet wet in cloud computing.

Another key aspect of io.net is its integration with decentralized physical infrastructure networks (DePINs) like Render (for image rendering) and Filecoin (for storage). These networks can supply their compute capacity to io.net, allowing them to monetize their resources by providing computing power to AI and machine learning companies.

Ultimately, io.net is all about democratizing access to high-performance computing resources, which opens up a world of possibilities for AI and ML innovators. By reducing costs and increasing accessibility, it’s paving the way for new advancements and innovations in artificial intelligence.

How We Chose The Best AI Crypto Coins

Determining the most promising AI cryptocurrencies for investment in 2024 required a thorough evaluation of several key factors. This section will outline the criteria and the rationale behind selecting the seven cryptocurrencies mentioned in the article.

1. Availability

When assessing the potential of AI cryptocurrencies, availability plays a crucial role. Only cryptocurrencies readily accessible to investors through established exchanges and platforms were included. Widely available cryptocurrencies allow for more accessible investment and liquidity, enhancing the overall investment experience.

2. Long-term utility

The long-term utility of AI cryptocurrencies was evaluated by considering each platform’s potential to address real-world challenges and disrupt existing industries. Cryptocurrencies that offered tangible solutions and use cases within finance, healthcare, logistics, and other sectors were prioritized. Projects with solid partnerships and real-world applications are more likely to achieve long-term success and deliver value to investors.

Considering these criteria, the seven most promising AI cryptocurrencies for investment in 2024 were chosen. It is important to note that investing in cryptocurrencies carries risks, and investors should conduct their research, assess their risk tolerance, and seek professional advice before making any investment decisions.

What to consider when investing in cryptocurrency: Key factors to evaluate

When considering investing in cryptocurrencies, it is essential to consider several factors to make informed investment decisions. This section will discuss additional points to consider when investing in AI or other cryptocurrencies.

1. Budget

Before investing in cryptocurrencies, assessing your budget and determining how much you are willing to invest is crucial. Cryptocurrency investments can be highly volatile, and investors should only allocate funds they are comfortable potentially losing.

2. Risk tolerance

Cryptocurrency investments carry inherent risks due to their volatility and the unpredictable nature of the market. Understanding and aligning one’s risk tolerance with the allure of the cryptocurrency market is vital for a balanced investment strategy.

3. Coin use cases

When evaluating cryptocurrencies, it is crucial to understand their use cases and the problems they aim to solve. You should assess whether cryptocurrency has a clear and practical purpose within its ecosystem. Look for projects with a solid foundation, real-world applications, and partnerships supporting the cryptocurrency’s adoption and growth.

Final Thoughts

The best artificial intelligence cryptos to buy in 2024 are NEAR Protocol, Bittensor and Internet Computer. Each of these projects are paving the way for blockchain-based AI and will play a big role in the future of the industry.

Investing in AI coins is a good way to diversify your portfolio with tokens that support the future of crypto. These projects have solid growth potential and are positioned to do well as the demand for AI technology continues to rise.

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