Growing Interest in AI Cryptos: US Leads Global Trend in 2024
CoinGecko report shows which countries are seeing a surge in interest in AI cryptocurrencies
The cryptocurrency market is witnessing the rise in popularity of a relatively new coin sector: tokens based on artificial intelligence. With the introduction of tools such as ChatGPT and many others similar to it, as well as the rise of tech giants such as Nvidia, interest in AI-based cryptocurrencies is also growing in 2024.
The latest report from cryptocurrency tracker CoinGecko showed global interest in the AI token sector. The list of 15 leading countries in this sector was headed by the United States with a share of 18.9%. The second place was taken by the UK with 9.1%, and the top three was rounded off by Turkey with 6.5%.
Last year, the US and the UK also topped the memecoin popularity ranking, indicating their importance to the cryptocurrency market. Other countries that led the memecoin sector last year and AI tokens this year also include India, Australia, Canada, and the Philippines. CoinGecko highlights how keenly these regions are responding to the cryptocurrency narrative.
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The region that showed a particularly strong interest in crypto-coins with artificial intelligence was Southeast Asia: 4 countries were included in the rating. Among them are the Philippines, Singapore, Indonesia, and Vietnam.
Meanwhile, among European countries, the Netherlands (5.6%), Poland (3.2%), Germany (3.2%) and France (2.1%) are the most enthusiastic about AI cryptocurrencies.
In addition, the report also identified the most popular AI tokens. Bittensor (TAO), Render (RNDR), and Fetch.ai (FET) are the most popular ones in 2024 due to their large market capitalization and strong price momentum. Others on the list also include Akash Network (AKT), PAAL AI (PAAL), SingularityNET (AGIX), Ocean Protocol (OCEAN), AIOZ Network (AIOZ), Nosana (NOS), and Arkham (ARKM).
10 out of 25 AI-based coins have the ticker "AI" in their name, which, according to CoinGecko, is a speculative attribute, as market participants most often give such tokens their preference.
At the time of writing, the following coins were the growth leaders over the last 24 hours in the AI token sector: iMe Lab (LIME) — 40%, Streamr (DATA) — 27%, Vectorspace AI (VXV) — 24%, Botto (BOTTO) — 23% and Phala Network (PHA) — 23%.
