AI Crypto Tokens, A Winner in Recent Times: Report

Artificial intelligence (AI) cryptocurrency tokens are emerging as a clear favorite for investors in recent times, according to cryptocurrency exchange Binance.

“Interest in artificial intelligence (“AI”) has experienced an upswing in the last few months, as evident by Google search trends and soaring AI-related token prices,” the report stated.

AI Crypto Tokens Driven by Online Search

In a recent report, cryptocurrency exchange Binance highlighted that search results for AI online has skyrocketed recently, suggesting that could be related to the reason for the surge in AI crypto tokens in recent times.

“Interest in artificial intelligence (“AI”) has experienced an upswing in the last few months, as evident by Google search trends and soaring AI-related token prices.”

To emphasise the interest in AI, Binance used a graph to show how quickly AI chatbot ChatGPT grew to 100 million users. However, the graph compared ChatGPT with other social media and media networks.

ChatGPT is one of the fastest-growing applications. Source: Binance

Read more: The 6 Hottest Artificial Intelligence (AI) Jobs in 2023

AI Leading Crypto Narrative this Year

Meanwhile, BeInCrypto recently reported that AI was the leading crypto narrative for the year. According to recent research from industry metrics outlet CoinGecko, AI was by far the most popular crypto narrative in 2023.

It was noted that it accounted for 11.3% of total crypto narratives interest, according to a December 28 report.

However, it wasn’t that long before that AI crypto tokens were not the flavor of the month.

BeInCrypto reported in September 2023 that AI digital assets have fallen flat as the bear market lengthens. This year’s hype for all things AI has not extended into crypto assets based on the technology, despite the launch of Worldcoin.

According to recent trading data from Kaiko, the weekly trade volume for AI-affiliated tokens “remained subdued” in August.

Read more: ChatGPT vs. Bing Chat: Which Is the Better AI Chatbot?

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