Top 5 AI cryptocurrencies to buy in November 2024.💰🚀
1. NEAR Protocol (NEAR)
Market capitalization: $4.68 billion (as of August 2024).
What is NEAR Protocol?
NEAR Protocol is a layer 1 blockchain designed to address the scalability issues commonly faced by popular networks like Ethereum. Launched in 2020, NEAR uses a unique sharding technology called Nightshade, allowing the network to process thousands of transactions per second by distributing workloads among multiple validating nodes.
2. Internet Computer (ICP)
Market capitalization: $3.64 billion (as of August 2024).
What is Internet Computer?
The Internet Computer Protocol, developed by the DFINITY Foundation, is a blockchain project aimed at expanding the functionality of the Internet by allowing the creation of all types of DApps and Web3 services.
3. Artificial Super Intelligence Alliance (FET)
Market capitalization: $2.80 billion (as of August 2024).
What is the Artificial Super Intelligence Alliance?
The Artificial Super Intelligence Alliance (ASI), formed by Fetch.ai, SingularityNET, and Ocean Protocol, is a strategic collaboration aimed at promoting decentralized general intelligence (AGI) and ultimately achieving Artificial Super Intelligence (ASI).
4. Render (RNDR)
Market capitalization: $2.04 billion (as of August 2024).
What is Render?
Render is a decentralized GPU rendering platform that connects digital artists and studios with those who own surplus computational power GPUs. The platform allows users to render high-quality graphics and animations using distributed GPU resources, making it more cost-effective and accessible for creators.
5. Bittensor (TAO)
Market capitalization: $2.03 billion (as of August 2024).
What is Bittensor?
Bittensor (TAO) is a decentralized, blockchain-based protocol that enables the creation of an open-source AI neural network. It creates a global, distributed AI network where contributors are rewarded with the cryptocurrency TAO for their participation.
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