Cryptocurrency investors have experienced mixed price action today, with the top 10 cryptos by market capitalization dropping. However, three cryptocurrencies with ties to artificial intelligence (AI) have seen notable increases. Internet Computer, Fetch. ai, and Chainlink are up 14. 7%, 7. 1%, and 2. 9% respectively. The rise in these AI cryptos reflects bullish investor sentiment towards the recent AI rally in risk assets.
The market is focusing on the integration of AI smart contracts into the Internet Computer network, the democratization of AI technology through Fetch. ai's permissionless structure, and Chainlink's integration with the Australia and New Zealand Banking Group (ANZ). These AI-related projects show great potential for future blockchain-based AI solutions, and if progress continues to be made, investors could capture significant value from owning their utility tokens. However, further growth in terms of users and key metrics will be necessary for the rally to continue. Overall, investors are closely following these projects due to partnerships, collaborations, and technology improvements.
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