ChatGPT Craze Fuels AI Token Market Growth

ChatGPT’s meteoric rise has boosted AI and big data token values.
The GRT coin is the #1 top gainer, according to Coinmarketcap data.
There is no indication that the expansion of AI tokens will soon come to a halt.

ChatGPT’s spectacular rise in popularity has led to a skyrocketing increase in the market value of tokens associated with AI and big data. A recent report pegged the market’s value at around $5 billion, a rise of about 25% in just 24 hours.

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Additionally, data from coinmarketcap shows that trade volume for these currencies has risen to $2.2 billion, an increase of 11.14 percent. Tokens such as GRT, AGIX, FET, and OCEAN have seen significant growth in this new market.

With a gain of 34.22% over the past 24 hours, the leading coin is the Graph’s GRT token. Next in line is the SingularityNet token AGIX, which grew 26.25 percent during the same time frame.

Besides these tokens, several other prominent AI tokens like NMR, RLC, and ALI have risen in the double digits over the past day.

Notably, these tokens provide access to various cutting-edge technologies, including machine learning, natural language processing, and computer vision.

The growth of the AI tokens, which is already impressive, shows no indications of slowing down. Further, the support from investment firms at this point will only serve to advance the market.

In conclusion, this development has been aided by the growing interest in ChatGPT. With its vast knowledge base and ability to generate human-like responses, ChatGPT has helped firms automate customer service and improve data analysis.

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Godfrey Mwirigi

Godfrey Mwirigi is an enthusiastic crypto writer with an interest in Bitcoin, blockchain, and technical analysis. With a focus on daily market analysis, his research helps traders and investors alike. His particular interest in digital wallets and blockchain aids his audience in their day-to-day endeavors.