Sora drives AI-based crypto assets to rise

Author: Mia, ChainCatcher

With the end of the Spring Festival holiday, the global AI field has ushered in a technological revolution. The video generation model Sora released by Open AI not only achieves leap-forward development in AI video generation capabilities, but also pushes the industry ceiling to new heights. At the same time, Google was not to be outdone and launched the Gemini 1.5 Pro large model based on the MoE architecture. It not only inherited the advantages of the previous generation model, but also achieved significant optimization in algorithm efficiency and cost control, further promoting the field of AI. of vigorous development. Driven by this series of technological innovations, the field of AI encrypted assets has also ushered in unprecedented prosperity.

As artificial intelligence technology continues to advance and innovate, investors’ confidence in AI-related crypto assets continues to grow, which has driven the rapid rise in the prices of these assets. Driven by the AI ​​craze, AI-related crypto assets have also ushered in a new era of surge.

Among them, AI tokens led by WLD, AGIX and RNDR have performed particularly eye-catchingly, and have become the hottest investment focus in the current market.

WLD

As a popular product in the AI ​​sector, Worldcoin was developed by OpenAI founder Sam Altman and aims to become the largest and most inclusive cryptocurrency network in the world. Currently, the Worldcoin Protocol, World ID, WLD Token, and World App are now available globally (where permitted by law).

Since February 15th, the price of WLD currency has started to rise explosively. It has rapidly grown from around 3 U to break through the 6 U mark, and after approaching the high of 8 USDT yesterday evening, as of this writing At the time of writing, the current price was stable around 7.3 USDT, with an increase of 18.48% in 24 hours and 181% in 7 days.

According to the latest news, worldcoin is preparing to launch its business in Singapore. Worldcoin CEO Alex Blania and Product Director Tiago Sada have also previously stated that they regard the Asian market as a strategic location for Worldcoin’s development. Currently, the latest World App update will add Chinese (Simplified), Hindi, Japanese and Korean as available languages, and support currency display such as Indian rupee, Japanese yen, Korean won and Singapore dollar to adapt to the needs of the Asian market. According to the latest official data, the number of daily active users of its first wallet World App has exceeded 1 million.

AGIX

Also as the leader in the AI ​​sector, the performance of AGIX tokens is not to be outdone. SingularityNET is a decentralized AI platform and marketplace whose main goal is to build a protocol that connects artificial intelligence and machine learning tools to create efficient applications. This platform, officially launched on the Cardano network in May 2021, is not only playing an important role in building the foundation of AGI, but also driving the establishment of an organizational ecosystem. This ecosystem aims to provide various AI services while creating a wide range of application scenarios for AGIX tokens.

After AGIX hit a high of 0.58 USDT yesterday afternoon, as of the time of writing, the current price was around 0.51 USDT, with a 24-hour increase of 6.96% and a 7-day increase of 71.19%.

Currently, SingularityNET is developing multiple vertical markets to further expand its products and services. These markets include decentralized finance (DeFi), robotics, biotech and longevity, games and media, arts and entertainment (music), and enterprise-level AI. Through the development of these derivative products, SingularityNET is working hard to promote its AI platform to a wider range of application fields and provide users in various industries with more diversified and efficient solutions.

RNDR

The RNDR token has also become the star of this AI boom. Render Network ($RNDR) is a decentralized GPU rendering network that aims to promote the next generation of rendering and AI technology. Artists can extend GPU rendering work to high-performance GPU nodes around the world on demand. It is currently working with Stable Diffusion, Netflix, etc. Cooperate with well-known companies. The total supply of RNDR token RNDR is 530 million, the circulating supply is 374 million, and the market value is approximately US$1.5 billion.

RNDR reached a maximum of 6.4 USDT. As of writing, the current price is stable around 6.2 USDT, with a 24-hour increase of 3.96% and a 7-day increase of 32.15%. It is worth noting that RNDR has successfully broken through the long-term resistance level of $5 and broke through the key level of $6.

Currently, RNDR is not only involved in the field of AI, but also has in-depth layout in multiple tracks such as the Solana ecosystem. In addition, as Apple’s VR partner, RNDR undoubtedly has huge market potential. Regarding the dynamics of Apple’s subsequent VR devices, The market will also have a momentum reaction.

Fetch.ai

Fetch.AI is a project launched in the second phase of Binance Launchpad. It is a peer-to-peer, AI-driven protocol. Through this protocol, data, hardware, services, infrastructure and other components within the network can all perform artificial intelligence data analysis and processing. Users can also receive corresponding value feedback during the process of participating in data interaction.

FET reached a maximum of 1.03 USDT. As of writing, the current price is stable at 0.98 USDT, with a 24-hour increase of 7.08% and a 7-day increase of 52.22%.

As the core transaction medium in the Fetch.AI ecosystem, FET is not only a tool to pay for protocol services, users can also participate in network operations by staking FET. The total supply of FETs is 1.15 billion, while the current supply in circulation is 1.04 billion.

According to its block explorer, the protocol currently has 70 active verification nodes, and 296 million FETs have been pledged, accounting for 26.71% of the total supply.

Summary

With the advent of top models such as Sora, AI multi-modal applications are gradually shaping a new paradigm of digital content production and interaction. From the visual industry to the content consumption market, the widespread application of AI technology is bringing disruptive changes to all walks of life, and at the same time, it is creating unprecedented growth opportunities. At the same time, the strong performance of related AI encryption sectors has further confirmed the close linkage between market dynamics and technological progress.

Driven by the dual drive of continuous technological breakthroughs and rising market enthusiasm, while enjoying technological dividends, investors also need to pay close attention to market dynamics and technological development trends in order to better grasp investment opportunities and respond to potential risk.

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