AI cryptocurrencies have recorded gains over the last week. TAO led the charge as the collective market cap and volume shot up significantly. Top weekly gains in the AI sector include INSP, AGENT, and ONDOAI, to mention a few. VIRTUAL and RENDER have also been able to attract attention with their respective weekly upswings.
Weekly Gains for AI Cryptocurrencies
AI cryptocurrencies have recorded an uptick of 5.70% in terms of the market cap over the last week. The figure now stands at $14.32 billion, supported by a 12.54% surge in the trading volume, which is now $2.88 billion – as per a report by CoinMarketCap. The acquisition of AI.com by Crypto.com CEO remained under the spotlight along with the launch of Agentic Wallets by Coinbase.
The top five gainers are INSP, AGENT, ONDOAI, XRT, and PIKZ, up by 901.01%, 759.31%, 700.64%, 602.50%, and 492.53%, respectively. A bull run across the AI crypto segment reinstates confidence, considering a report about Trezor and Ledger users targeted by fraudulent physical mail scams has sent shockwaves across the crypto community.
Bittensor TAO at the Top
Bittensor TAO has recorded a gain of 24.06% in the last 7 days and 0.68% over the last 24 hours, at the time of writing this article. The AI token is now trading at $194.31 with a market cap of over $2.07 billion. What has possibly worked for TAO is its major Upbit listing against select trading pairs, namely BTC, KRW, and USDT.
TAO price was seen jumping by approximately 7.7% around the time of the announcement. This is attributed to the Bittensor token gaining access to a larger market and seeing the potential for a high demand among traders. Two more factors that have possibly made additional contributions are ecosystem development activities and enhanced transparency.
Other Top Gainers Right Now
RENDER and VIRTUAL are other top AI cryptocurrencies that have gained significant values over the last 7 days from the time of drafting this article. RENDER, listed at $1.45, is up by 10.89%, and Virtual Protocol’s VIRTUAL has added 17.19% to its value, which is now $0.6488.
ORAI and KIN have gained 81.72% and 41.06%, applicable in the same order; however, their gains have come in the last 24 hours. Nevertheless, it reflects a continuity for upticks in the AI crypto sector at a time when the overall market is seen struggling adding values.
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