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10 Best AI Crypto Coins to Buy in 2024

Samuel Odera
Samuel Odera
Samuel is a content writer with a laser focus on Web3 and iGaming. With years of freelancing experience, he is well-versed in the nuances of both industries. When he’s not writing, Sam loves to travel and discover new music.
November 27th, 2024
Editor:
Ruby Layram
Ruby Layram
Editor:
Ruby Layram
Crypto Content Editor
Ruby is a seasoned Editor with 5 years of experience working in the cryptocurrency space. She currently works as a Crypto Content Editor for BanklessTimes with a focus on creating informative content that helps our readers navigate cryptocurrency with confidence. Ruby discovered crypto whilst working as a freelance writer at University. She has been passionate about shedding light on crypto and DeFi through valuable content ever since. Before joining the team at BanklessTimes, Ruby worked on a number of established finance sites including The Motley Fool, TradingPlatforms.com, StockApps, ICOBench, and MoneyMagpie.com.
Fact Checker:
Ruby Layram
Ruby Layram
Fact Checker:
Ruby Layram
Crypto Content Editor
Ruby is a seasoned Editor with 5 years of experience working in the cryptocurrency space. She currently works as a Crypto Content Editor for BanklessTimes with a focus on creating informative content that helps our readers navigate cryptocurrency with confidence. Ruby discovered crypto whilst working as a freelance writer at University. She has been passionate about shedding light on crypto and DeFi through valuable content ever since. Before joining the team at BanklessTimes, Ruby worked on a number of established finance sites including The Motley Fool, TradingPlatforms.com, StockApps, ICOBench, and MoneyMagpie.com.

AI crypto coins are making waves in the crypto space in 2024, as they blend artificial intelligence with blockchain technology.
These coins have impressive features, from automating complex trading strategies to creating decentralized ecosystems that are self-evolving. It’s no wonder they’re gaining so much attention.
In this expert guide, we’ll discuss the 11 best AI crypto coins to buy in 2024

Our Top Picks for The Best Artificial Intelligence Cryptocurrencies

Here are our top picks for the best AI cryptos to buy in 2024. 

  1. iDEGEN: The first AI that will be raised by degens to offer autonomous content creation abilities.
  2. NEAR Protocol: The Future of Scalable dApps and AI-Driven Innovation
  3. Internet Computer: Reinventing the Web with Blockchain
  4. Render: Revolutionizing GPU Rendering with Peer-to-Peer Power
  5. Bittensor: Redefining Knowledge Sharing with AI and Blockchain
  6. Artificial Superintelligence Protocol: A Collaborative AI-Crypto Platform 
  7. Injective: The Future of AI-Driven Financial Innovation
  8. The Graph: Simplifying Blockchain Data for Developers
  9. Theta Network: Transforming Video Streaming with Blockchain Tech
  10. Turbo: Merging Humor with Artificial Intelligence
  11. Akash Network: A Decentralized Cloud Computing Platform

What are Artificial Intelligence Cryptos?

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.

What Makes AI Crypto a Good Investment?

It’s easy to think that AI cryptos are just another flashy trend with no utility or value attached. However, they intersect two groundbreaking fields (artificial intelligence and blockchain technology). This makes them notable investments to watch out for.

Let’s quickly consider two reasons why investing in AI cryptos can be a smart financial move for you.  

Exposure to New Technology

AI cryptos leverage advanced algorithms to analyze data and predict market trends. And the best part is that they are dynamic, self-improving assets. 

Consequently, investing in them means you have exposure to a rapidly evolving ecosystem where the tech works hard to enhance itself and the network it supports. They no doubt embody the future of finance.

Growth Potential and Undervalued Investment Opportunities

The AI crypto market is undervalued, with a market capitalization of $45 billion. While there’s still room for massive growth, AI coins have become a goldmine for investors seeking long-term investment opportunities. 

Think of Bitcoin for a moment. About a decade ago, it was worth a few pennies. However, right now, it’s trading at over $90,000 each.

Similarly, AI-powered cryptos are built that way, giving you a chance to get in before the next bullish run skyrockets their values. 

The best bit about these coins is that they’ve been tried and tested in past bear cycles. Despite each receiving massive drawdowns from their all-time high prices, they’ve recovered quickly and delivered significant gains. 

This instils confidence in investors to purchase these tokens at a discount price and reap incredible returns. 

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. iDEGEN: The first AI crypto project that will be raised by degens

iDEGEN is a first-of-its-kind AI experiment that merges artificial intelligence with the vibrant, chaotic world of crypto culture, setting it apart from other AI crypto projects. 

idegen

Unlike traditional AI models trained on curated data, iDEGEN evolves by learning directly from the crypto community, absorbing memes, tags, and social sentiment in real time. This innovative approach creates a decentralized AI entity that mirrors the unfiltered energy of its users, making it highly engaging and unpredictable. 

This groundbreaking concept is set to attract significant attention from investors seeking projects with viral potential and community-driven momentum. By combining cutting-edge technology with the powerful dynamics of meme culture, iDEGEN has the potential to become a standout investment opportunity in 2024.

You can invest early by purchasing IDGN through the ongoing market sale. The presale puts the price of tokens entirely in the hands of investors, making it one of the most transparent crypto presales to buy in 2024. 

Exchange listings are set for the 1st of January so there are only a few weeks left to get involved. You can buy iDEGEN with SOL or USDT.

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

near protocol

NEAR protocol is 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.

NEAR leverages AI to automate improvements in scalability and is developing an AI governance model. This prospective feature will enable the network to evolve easily and implement upgrades without human intervention.

Additionally, NEAR protocol offers an investment opportunity for traders interested in its value proposition. It’s currently trading at around $6.50, a -70% from its All-Time High ($20.42), making it an excellent time to jump in. If its innovation excites you, NEAR is worth keeping in your crypto wallet.

3. Internet Computer (ICP)

internet computer logo

Internet Computer is a revolutionary AI crypto designed to run at web speed and scale limitlessly. Its goal is to transform the internet into a global, decentralized computing platform where developers can build powerful apps directly on the blockchain without needing traditional servers.

Since its launch in May 2021, this project has opened its doors to creating web services and software that operate wholly on the blockchain. It’s like remaking the internet, only that it’s smarter, faster, and community-owned.

Internet Computer’s native token, ICP, runs the platform’s operations. It supports governance, fuels transaction fees, and incentivizes users as they contribute their resources to reinforce the platform’s security.  This project continues to deliver amazing gains, given its impressive 140+% returns since the start of 2024.

With more gains expected, given its -98.5% dip from its all-time high price ($750), this AI crypto is evolving into a decentralized space driven by innovation and community participation.

4. Render Token (RENDER)

render token logo

Render is another noteworthy AI coin shaking up the graphics card sector by turning unused GPUs (Graphic Processing Units) into goldmines for creators.

If you’re fascinated by the stunning gaming visuals, virtual reality or animation, you’re likely aware they require intense graphic processing. 

So, where does Render fit into all these? It offers a decentralized network that connects those with extra GPU power to creators in need. This no doubt cuts costs and boosts efficiency.

Here’s how it works: Let’s say you have a powerful GPU machine just sitting idle. With Render, you can monetize that unused capacity. Creators needing that power can rent it and pay for services via the project’s native coin, RNDR.

Beyond its cool concept, RNDR has been a top performer in the AI crypto market, having delivered an impressive gain of over 190x since its 2020 launch, with a market cap approaching $4 billion. While it’s trading at a discount of -45% from its all-time high ($13.60), Render is primed for steady growth. Endeavor to check it out.

5. Bittensor (TAO)

bittensor logo

Bittensor is another game-changing project in the AI crypto space, leveraging machine learning to build a smarter and more collaborative decentralized feature.

At its core, this project creates an incentivized data ecosystem, where users share computational resources to train AI models. As the network becomes intelligent, contributors earn rewards in TAO, the project’s native token based on the value they provide.

Thus, the more data and computing power you bring to this network, the better it becomes. Over time, these collaborative efforts will build accurate and unbiased AI models. Bittensor’s performance in the market has been stellar since its launch into a bearish market in March 2023.

It has skyrocketed by over 4,000x, reaching an all-time high of $747.68. However, there’s a 34% discount, which can be a tempting entry point for investors. With a market valuation of $3.76 billion, this project is a major player in the AI crypto space. It’s innovation, community, and opportunity merged into one network.

6. Artificial SuperIntelligence Alliance (ASI)

artificial superintelligence alliance

Artificial Superintelligence protocol is an AI-powered blockchain project born out of the collaboration of Fetch.ai, Ocean Protocol, and SingularityNET. This partnership aims to speed up the development of Artificial Intelligence beyond today’s capabilities and possibilities.

How so? One of the key players, Fetch.ai, focuses on building decentralized and permissionless AI networks where everyone has access to AI-powered tools. These include resources for optimizing Decentralized Finance (DeFi) trading, transforming transportation networks, and creating smart energy grids.

SingularityNet, another key partner, shares Fetch.ai’s vision of creating a democratic AI ecosystem where ASI can scale faster without needing intervention. Finally, Ocean Protocol allows for seamless trading of tokenized data, which empowers users to share valuable information securely.

It’s no surprise that the native token, ASI, continues to deliver impressive gains since its entry into the market. Despite trading -57% from its all-time high ($3.4), the coin continues to attract investors as it’s set to play a significant role in the decentralized AI future.

7. Injective (INJ)

Injective is a layer 1 blockchain built for financial applications. It blends speed, scalability, and, most especially, AI-powered tools. 

Here’s how it works: Injective offers ultra-fast performance, handling over 10,000 transactions per second (tps). This makes it perfect for traders and developers to leverage AI-powered financial solutions on this network, including algorithmic trading and in-depth data analysis.

In addition, this project enables decentralized lending and bridges with other layer 1 networks like Ethereum and Solana for a seamless multi-chain ecosystem. With a market cap of nearly $2.7 billion, Injective stands tall among its contemporaries.

Over the past year, it delivered an impressive return of 73%. The native coin, INJ, is currently trading at -49% below its all-time high price ($52.75), offering investors a good entry point for investment.

8. The Graph (GRT)

the graph token

The Graph is another fantastic AI crypto that makes it easy for developers to find and use blockchain data. Through open APIs called subgraphs, the project allows decentralized applications (dApps) to efficiently retrieve and organize data from networks like Ethereum.

So, rather than manually search through blockchain records, The Graph’s decentralized network of nodes (Indexers) does the heavy lifting of collecting, processing, and storing data. This approach boosts efficiency and transparency for all.

The network runs on its native token, GRT, which rewards participants for contributing to keeping operations running smoothly. The Graph is a game-changer for developers as it saves time and effort when building dApps.

9. Theta Network (THETA)

theta network

Theta Network is another revolutionary AI crypto that transforms how we stream videos on the internet. By leveraging blockchain tech, this platform creates a platform where users share their extra computing power to make online video faster, cheaper and more efficient.

A great standout about Theta is how it solves real-world problems, especially in the traditional streaming sector, where many individuals can’t access the internet due to high prices and accessibility issues. The project’s user-powered approach enables it to deliver high-quality streaming at a fraction of the cost.

In addition, Theta has partnered with big brands like Samsung and Google, thereby adding credibility to its innovative vision. Users can also stake THETA (the native token) to earn additional rewards. With growing utilities and partnerships, this project is poised for widespread adoption and gains soon.

10. Turbo (TURBO)

turbo ai meme coin

What happens when you combine meme coins with artificial intelligence? Well, you have a quirky project like Turbo, which kicked off as a fun experiment in the AI-crypto space. 

The founder used GPT-4 to run a wild experiment: how to create an AI-meme crypto with a tight budget of $69. This simple question birthed Turbo. 

Turbo has evolved into a decentralized community-driven token with a mission of bringing some fun and creativity to the crypto space. Surprisingly, it has caught the attention of crypto investors and whales, as it delivered 1,000+% gains when it was listed on exchanges.

Given the impending bull run and Turbo’s combination of AI and memes, this project can provide massive returns to anyone eager to invest right now.

11. Akash Network (AKT)

Wrapping up our list is Akash Network, which is transforming the cloud computing world at an incredible pace. Rather than rely on centralized giants, this AI crypto introduces a decentralized marketplace where you can rent out unused computing power. This creates a cost-effective and efficient alternative to traditional cloud services.

At the heart of Akash Network is its native coin (AKT), which powers the marketplace. Users utilize the token to pay for computing resources, and providers earn it as they share their spare capacity. This project particularly excites developers because it lowers the cost of deploying dApps, AI services, and other innovative projects.

is AI-crypto has impressed early investors with its 7x gains in the past year and with a market cap of $920 million, investors can expect more gains in the next bull cycle.

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.

How to Buy AI Cryptocurrencies in 2024

You’ll agree that our best picks deliver amazing features and present awesome investment opportunities. But how do you purchase these AI cryptos? Here are five easy steps to follow:

Step 1: Research The Market

Your first step is to learn about AI cryptos. Which coins are popular, and what makes them valuable? 

Take the time to consider their use cases, the team behind them, recent collaborations, and roadmap. Doing this will enable you to pick the coins with the strongest potential for good returns.

Step 2: Create a Crypto Wallet

Found your best picks? Good job! Now, you need a crypto wallet to store them securely. You can opt for software versions like MetaMask or Trust Wallet, as they store your coins and are heavily secured. Remember to always keep your private key safe and don’t share it with anyone.

Step 3: Fund Your Wallet

The next step here is to add funds to your wallet by purchasing crypto like Bitcoin (BTC), Ethereum (ETH), or Tether (USDT). You can use your bank cards to make this purchase from verified crypto exchanges like Binance or Coinbase.

Step 4: Connect Your Wallet to an Exchange

After funding, connect your wallet to the exchange that lists your preferred AI coins. Be sure the platform is reliable and verified by other users.

Step 5: Swap Coins for AI Cryptos

Once you connect your wallet, swap your BTC, ETH, or USDT for your preferred AI crypto coin. Follow the exchange’s prompt, and the tokens will appear in your wallet.

What Does The Future Look Like for AI Cryptos?

The buzz around AI continues to grow in 2024, thanks to the continuous adoption of advanced bots like ChatGPT in many applications today. In fact, according to Goldman Sachs, the AI sector could reach a $2 trillion valuation by 2030, which shows its limitless potential.

Now, what does this mean for the future of AI cryptos? Let’s examine two aspects that can give us credible answers.

Current Market Trends

Currently, AI cryptos are riding a wave of enthusiasm thanks to the explosive growth of AI and blockchain technologies. While we’ve witnessed significant price surges, experts believe that this merger still has more in store for traders and enthusiasts.

Artificial Intelligence enhances everything from automating smart contracts to predictive analytics, thereby improving how traders access market insights. This is evident in projects like Render (RNDR), which continues to gain traction in the 3D rendering sector

This AI-crypto trend has increased investors’ confidence, further evidenced by their impressive gains. For instance, RNDR has surged by over 200x since its initial launch. This further suggests that the role of Artificial Intelligence in crypto goes beyond the market and is integrating into mainstream applications. 

AI Crypto Use Cases

AI cryptos are transforming the market with revolutionary use cases and features. They drive decentralized AI marketplaces, governance, predictive analytics, and resource-sharing compatibility.

Interestingly, their versatility extends to finance, supply chain management, entertainment, and health care. This showcases their potential to solve real-world problems while exposing investors to revolutionary innovations.

Final Thoughts

The best artificial intelligence cryptos to buy in 2024 are iDEGEN, 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.

FAQs

What is the best AI crypto to buy now?

After reviewing several projects, the best AI crypto to buy in 2024 appears to be iDEGEN. This exciting new project is the first AI to be raised by degens. The platform will offer autonomous content creation capabilities that give the AI huge viral potential.

Will AI crypto boom?

AI cryptocurrency projects have strong use cases and good growth potential. The market could experience a ‘boom’ if demand for the technology increases.

How is AI used in crypto?

AI can be used to analyze large and complex data sets efficiently which makes it a useful tool for analysis. AI crypto trading tools assist traders with understanding the market and making informed decisions.

Contributors

Samuel Odera
Samuel is a content writer with a laser focus on Web3 and iGaming. With years of freelancing experience, he is well-versed in the nuances of both industries. When he’s not writing, Sam loves to travel and discover new music.