Artificial intelligence coins have stepped up with Bitcoin (BTC)!

Artificial intelligence coins have accelerated their upward momentum with #Bitcoin ($BTC ) exceeding $92,000.

Artificial intelligence (AI) coins have increased by 131.4 percent since the bottom level in market value seen on June 8. According to market data, the total market value of coins operating in the field of artificial intelligence increased to $42.1 billion on November 19, led by Near Protocol ($NEAR ), Internet Computer ($ICP ) and #Render (RENDER).

Contrary to the current upward trend, AI coins experienced a sharp decline in the first half of 2024. The market value of AI coins, which broke a record of $45 billion on March 15, fell by $18.2 billion on June 8. However, in the next six months, the AI ​​coin market made a comeback to regain a market value of $42.1 billion.

In addition to the projects mentioned above, AI coins with a market value of over $1 million include Bittensor, Artificial Superintelligence Alliance, Injective, The Graph, Theta Network, and Akash Network. The trend may become even stronger with the sharp rise of cryptocurrencies in this area. The performance of many trends, especially memecoins, will be important in this process.

For example, the gradual decrease in the memecoin craze may increase the money flow into AI coins. However, if other trends come to the fore, there may be declines in AI-based coins. Crypto investors should consider these factors.

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