As a seasoned crypto investor with a strong background in tech and a keen interest in artificial intelligence (AI), I’ve been closely monitoring the market trends of AI-focused cryptocurrencies. The recent surge in the prices of tokens like FET, RNDR, TAO, AGIX, and AIOZ has caught my attention, with gains ranging from 4% to 7% in just 24 hours (as per CoinGecko data).
Cryptocurrencies centered around artificial intelligence (AI) witnessed significant growth, surpassing the expansion of the wider digital currency market. Notable coins like FET, RNDR, TAO, AGIX, and AIOZ recorded gains ranging from 4% to 7%, based on information provided by CoinGecko over the last 24 hours.
Nvidia’s upcoming earnings report and the inclusion of AIOZ Network’s DePIN project in the Nvidia Accelerated Applications Catalog have fueled market enthusiasm. AIOZ Network operates a vast network of over 160,000 human-powered nodes around the world, which are utilized to power storage and streaming applications.
In the first quarter of 2024, the rollout of AIOZ Node V3 enables users to put their unused GPU and CPU resources to work passively, thereby boosting the overall functionality of the network.
In 2024, AIOZ Network is set to debut W3AI, enabling AI developers to utilize its decentralized framework for creating web3 applications. This initiative aligns with AIOZ Network’s goal of constructing an open, global ecosystem for computing, data storage, and streaming in web3, catering to developers and tech companies around the world.
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2024-05-23 02:45