CoinMarketCap<\/em><\/a><\/figcaption><\/figure>\nThis is not the only splendid rally in AI’s corner. Novel cryptocurrency DexCheck (DCK) almost doubled its market capitalization in the last seven days. After adding 86%, its price peaked at $0.0327.<\/p>\n
Bridge Oracle (BRG), for the first time, joined the club of coins with seven-digit capitalization. However, both altcoins are trading mainly on DEXes, with very little liquidity available.<\/p>\n
As such, it is safe to say that the segment of AI coins outperformed the cryptocurrency market as a whole last week. The aggregated capitalization of CoinMarketCap-tracked digital assets only increased by 2.3% from $1.047 trillion to $1.072 trillion in equivalent.<\/p>\n
Also, the low-cap AI coin Trustverse (TRV) almost tripled its capitalization in October 2023.<\/p>\n
As U.Today covered previously, the frenzy around generative AI and applications on it resulted in two or three pumps of AI-associated cryptocurrencies.<\/p>\n
Verasity (VRA) stole all headlines and keeps pumping<\/h2>\n
While it is still unclear whether all of them are actually using some sort of AI for their products, a number of “AI narrative” tokens already rallied by 1,000% in Q1, 2023.<\/p>\n
Verasity (VRA), the core newsmaker of last week on the mid-caps scene, is also marked by CoinMarketCap as an AI\/Big Data coin. It jumped by 70% overnight on the announcement of the token burn event.<\/p>\n
Today, VRA keeps pumping: by press time, it is up 13% in the last 24 hours.<\/p>\n
Overall cryptocurrency sentiment can be described as moderate optimism: Alternative\u2019s Fear and Greed index is back to the “Neutral” zone with a value of 49\/100.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
Vladislav Sopov Covalent’s CQT, labeled as ‘AI & Big Data Token’ by CMC, witnesses marvelous price upsurge As interest in the newest AI endeavors, including GPT-4 and DALL\u00b7E 3 generative models are back, cryptocurrency tokens somehow associated with the AI narrative are growing again. While almost all of the best performers are new low-cap coins, […]<\/p>\n","protected":false},"author":2,"featured_media":168987,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-168986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/168986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=168986"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/168986\/revisions"}],"predecessor-version":[{"id":168993,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/168986\/revisions\/168993"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/168987"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=168986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=168986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=168986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"CQT](\"https:\/\/u.today\/sites\/default\/files\/inline-images\/s0252_1_0.jpg\")