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The crypto market sees an influx of AI-based coins stirring significant interest among investors. DeepSeek has been an influential player, although its introduction led to a drastic market crash. Scam tokens linked to AI applications, such as fake gold coins promoted through AI-generated videos, have also seen a spike. However, the market is gradually shifting from such gimmicks to more reliable AI projects, such as Lightchain AI.
Among meme coins, AI companions have also made big waves. The OpenAI's new release has created ripples, leading to predictions of meme coins shooting up by 100x. However, a Binance Research suggests that by 2025, AI crypto could outpace meme coins.
Projects like Google's $75 Billion investment in AI cryptocurrency and the unveiling of 0G foundation's $88.8M ecosystem for decentralized AI applications signal an upward trend. The Lightchain AI Testnet, currently in the pre-sale phase, is garnering attention and performing beyond investor expectations. Its promising future is drawing investors away from volatile coins like the Trump Coin.
On top of that, factual coins like the Venice AI token - giving private access to DeepSeek, and others are expected to gain momentum. AI coins implementing their use-cases such as revolutionizing agriculture and enhancing the efficiency of crypto mining are likely to see significant growth in the coming years.
AI Coin News Analytics from Fri, 25 Oct 2024 07:00:00 GMT to Wed, 05 Feb 2025 22:59:05 GMT - Rating 7 - Innovation 9 - Information 8 - Rumor 1