Crypto AI tokens outperform several altcoins with price rally: TAO, AKT, PRIME, AGIX


  • The Artificial-Intelligence narrative gains popularity: Bittensor, Akash Network, Echelon Prime and Singularity NET prices rally. 
  • TAO, AKT, PRIME and AGIX prices rallied between 2% and 7% in the past day. 
  • Crypto experts note that their AI token holdings are likely to outperform altcoins in their portfolio. 

Artificial intelligence tokens are making a comeback with their price rallies and crypto experts believe a crypto AI wave is ready to kick off soon. Bittensor (TAO) has taken the lead with several developments and updates in its ecosystem. 

In the past 24 hours, TAO, Akash Network (AKT), Echelon Prime (PRIME) and Singularity NET (AGIX) prices rallied up to 7%, leaving top altcoins like Binance Coin (BNB), Solana (SOL) and Tron (TRX) to bite the dust. 

Also read: XRP price rallies to $0.5590 amidst on-chain activity surge, following Bitcoin's rally to $52,500

Bitcoin price rally catalyzes gains in AI tokens

Bitcoin price tackled resistance and hit a local peak of $52,500 on Thursday. The largest asset by market capitalization’s price rally catalyzed gains in several altcoins in the ecosystem. AI tokens like TAO, AKT, PRIME and AGIX stand out with between 2% and 7% gains in the past 24 hours. 

TAO, AKT, PRIME and AGIX prices rallied 7.3%, 5.1%, 5.8% and 2.0% respectively, as seen on CoinGecko.

AI token price rally

AI token price rally. Source: CoinGecko

Several recent developments in Bittensor support TAO’s price rally. Four key projects are building on TAO:

  • AIT, the world’s first AI data infrastructure 
  • KIZUNA, an ERC-20 decentralized AI token
  • ROKO, a protocol building reality augmenting simulations
  • TPAD, a Bittensor focused launchpad for projects 

These projects are launched in order of market capitalization and not all have launched yet. However, crypto experts are keeping their eyes peeled for developments in Bittensor as projects line up for release in the coming weeks and months. 

VanEck, an ETF and fund management firm, recently labeled “Bittensor” as the “Bitcoin” of machine intelligence, when describing the project. 

Developments such as this continue to support TAO price gains and boost its relevance among market participants. 

Crypto analyst behind the X handle @EricCryptoman recently observed that AI tokens in their crypto portfolio are likely to outperform other assets in the portfolio. 

 


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended Content

Editors’ Picks

Litecoin Price Prediction: LTC tries to retake $100 resistance as miners halt sell-off

Litecoin Price Prediction: LTC tries to retake $100 resistance as miners halt sell-off

Litecoin price grazed 105 mark on Monday, rebounding 22% from the one-month low of $87 recorded during last week’s market crash. On-chain data shows sell pressure among LTC miners has subsided. Is the bottom in?  

More Litecoin News
Bitcoin fails to recover as Metaplanet buys the dip

Bitcoin fails to recover as Metaplanet buys the dip

Bitcoin price struggles around $95,000 after erasing gains from Friday’s relief rally over the weekend. Bitcoin’s weekly price chart posts the first major decline since President-elect Donald Trump’s win in November.

More Bitcoin News
SEC Commissioner Hester Pierce sheds light on Ethereum ETF staking under new administration

SEC Commissioner Hester Pierce sheds light on Ethereum ETF staking under new administration

In a Friday interview with Coinage, SEC Commissioner Hester Peirce discussed her optimism about upcoming regulatory changes as the agency transitions to new leadership under President Trump’s pick for new Chair, Paul Atkins.

More Cryptocurrencies News
Bitcoin dives 3% from its recent all-time high, is this the cycle top?

Bitcoin dives 3% from its recent all-time high, is this the cycle top?

Bitcoin investors panicked after the Fed's hawkish rate cut decision, hitting the market with high selling pressure. Bitcoin's four-year market cycle pattern indicates that the recent correction could be temporary.

More Bitcoin News
Bitcoin: 2025 outlook brightens on expectations of US pro-crypto policy

Bitcoin: 2025 outlook brightens on expectations of US pro-crypto policy

Bitcoin price has surged more than 140% in 2024, reaching the $100K milestone in early December. The rally was driven by the launch of Bitcoin Spot ETFs in January and the reduced supply following the fourth halving event in April.

Read full analysis
Best Forex Brokers with Low Spreads

Best Forex Brokers with Low Spreads

VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.

Read More

BTC

ETH

XRP