Here are the top 10 AI cryptocurrencies by development activity

TL;DR

Santiment ranked Oasis Network (ROSE) as the top AI cryptocurrency in development activity. Despite its 80% price increase over the past month, Artificial Superintelligence Alliance (FET) did not make the list.

The classification table

Artificial Intelligence (AI) cryptocurrencies have been quite the trend lately due to the rising prices of many of the tokens that encompass this niche. Crypto analytics platform Santiment recently ranked the top 10 assets of its kind in terms of monthly development activity, and in the following lines, we will present the results.

Oasis Network (ROSE) took first place with a score of 85.07. Near Protocol (NEAR), the largest AI-related cryptocurrency by market capitalization, took second place. It is worth noting that the coin topped the previous ranking.

The chart follows in third place, while Oraichain (ORAI) and Bittensor (TAO) are fourth and fifth, respectively.

Other AI cryptocurrencies in the lineup include Ocean Protocol (OCEAN), Golem (GLM), Aleph.im (ALEPH), Masa (MASA), and iExec RLC (RLC).

To conduct its research, Santiment taps into numerous factors, including monitoring GitHub commits and code activity to gain insight into development, tracking data on-chain, and observing social media trends to gauge community and market perceptions.

what is missing

It is interesting to note that one of the largest AI cryptocurrencies, with a market capitalization of over $4 billion, did not make the list. This is the Artificial Superintelligence Alliance (FET), which was formed by the merger of three major AI-related blockchain platforms: Fetch.ai, SingularityNET, and Ocean Protocol.

The price of the asset has increased recently, registering an increase of 80% on a monthly basis. It is currently trading around $1.60 (according to CoinGecko data), with some analysts predicting much more substantial gains in the future.

Price DONE, Source: CoinGecko

Crypto Rover (a popular X user with over 800,000 followers), for example, predicted that FET could be “a big play in this cycle” as its price rose to $10 in the coming months. Captain Faibik also contributed, setting a mid-term target of $3.90.

$DONE Finally, the rupture of the downward expansion wedge is confirmed… ✅

Mid-term target: $3.90#Crypto #DONE #FETUSDT pic.twitter.com/QF4xkcVSWk

— Captain Faibik (@CryptoFaibik) September 20, 2024

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