AI-Based Crypto Tokens Post Strong Monthly Gains — Market Talk
One of crypto's bigger gainers right now is also one of its smallest market sectors, says Zach Pandl of Grayscale in a note. The AI Crypto Sector, or tokens that use AI tools as part of their blockchain platforms, posted gains that outshined larger peers - led by NEAR, which rose 183% in September, says Grayscale. Other tokens in the sector that posted big gains include Bittensor, World, and Venice - gaining as much as 70% for the month. Combined, the sector is worth roughly $15 billion, allowing for a lot of room for further growth. Last month was a strong one for cryptocurrencies as a whole, following the rally in flagship cryptocurrency bitcoin. ([email protected])