The Crypto Market Is Ruled Supremely by AI Tokens
AI-linked cryptocurrencies are creating a name for themselves on the cryptocurrency market as rivalry between ChatGPT and Google in the field of chatbots with AI intensifies. Prices for The Graph (GRT) and SingularityNET (AGIX) recently declined following a sharp increase during the previous week. Recent activities by early investors or The Graph’s founding team, however, have raised hopes for further expansion in the lucrative AI token market.
The GRT Token Team Releases Resources
This week, the demand for tokens based on artificial intelligence increased dramatically, causing GRT tokens to soar by 200%. The GRT project team unlocked a total of 36.8 million $GRT, worth $7.35 million, and sent around half of it to Coinbase. A stake service also received 2.4 million $GRT, or $443,000, that were unlocked.
Possibility of GRT Growth
The future seems promising for AI crypto tokens and there is a chance for increasing investor interest given the fierce competition between OpenAI and Google in the chatbot market. GRT’s price is currently $0.179, having dropped 4.34% in the previous day. The crypto market is still largely untouched by Jerome Powell’s recent remarks regarding the necessity of raising interest rates.