According to data portrayed by market charts, the tokens revolving around artificial intelligence (AI), along with big data crypto projects, witnessed a substantial increase in their pricing, trading volume, and market cap as of today, October 28.
As of writing, the total trading volume of the AI-based tokens was up by 34.74%, reaching $679.47 million, while the market cap witnessed a marginal gain of 5.27%, reaching $5.97 billion.
In some of the most popular AI tokens, the Injective (INJ) price surged by over 7%, reaching a new high of $13.38 as of today. Injective, the first blockchain to offer auto-executing smart contracts, witnessed significant gains in its trading volume and surged 68.53%, reaching $146.83 million, while the market cap experienced gains of 7.07%, reaching $1.11 billion during the past 24 hours.
The primary factor driving the rise in INJ price is the growing engagement of community investors and traders within the coin’s market. Additionally, the coin has achieved a substantial Total Value Locked (TVL) of $20.89 million, further bolstering its price surge.
Concurrently, The Graph price is also experiencing minimal gains. As of today, the total price was up by 4.31%, reaching a total of $0.1017. Notably, the GRT price upsurged 24.40% over the past seven days, landing at a weekly high of $0.1045.
The Render price soared 10.81%, as of today, October 28, reaching $2.42. Moreover, the trading volume rose by 65.66% over the past 24 hours, hitting $81,078,395, while the market cap was up by 10.62%. Over the past seven days, the RNDR price burgeoned by a whopping 23.58% and is currently at an all-time weekly high.
On the other hand, the Oasis Network Price (ROSE) experienced marginal gains and upsurged 1.28% today, reaching $0.05189. While the token witnessed a substantial increase of 25.28% over the past seven days, the total trading volume experienced a notable fall of 24.81%, reaching $11,929,047.
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The Top 3 AI Crypto Tokens For Today Are
Fetch.ai Price (FET) Skyrockets
The Fetch.ai price skyrocketed by 18.10% over the past twenty-four hours and reached a new high of $0.3538 as of today. In addition, the token witnessed a whopping 55.88% increase during the past seven days, currently landing at an all-time weekly high. The price rise of the AI crypto comes in alignment with FET’s recent breaking above an ascending parallel channel since early June. Ascending parallel channels are contemplated as bearish patterns, and breaking above them catapults strong uptrends.
0x0.ai (OxO) Price Burgeons
The 0x0.ai price witnessed a notable rise as of today, October 28. The total price was up by 12.82% in the past 24 hours, reaching $0.105. However, the token witnessed a marginal increase of 18.46% over the past seven days, reaching a weekly high of $0.1163 as of October 24.
Ocean Protocol (OCEAN) Price Soars
OCEAN market charts portrayed a substantial increase of 11.40%, reaching $0.3711 as of today, October 28. While the coin soared 29.58% over the past seven days, the trading volumes witnessed a massive increase of 161.69%, reaching a new high of $53,137,763, showcasing promising growth.
The recent price surge in AI-based cryptos comes in alignment with the recent shift of industries, fostering growth and developments in the AI sector. With numerous tech giants such as Microsoft, OpenAI, and Google raising the bar for the development of AI-based technologies, the AI realm is constantly burgeoning.
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