Top 10 AI Cryptocurrencies Ranked by Development Activity

TL;DR

• Santiment identified Oasis Network (ROSE) as the leading AI cryptocurrency based on development activity.
• Despite experiencing an 80% price increase in the last month, Artificial Superintelligence Alliance (FET) was not included in the rankings.

The Leaderboard

Artificial Intelligence (AI) cryptocurrencies have gained significant attention recently, propelled by rising prices of various tokens in this sector. The crypto analytics platform Santiment has recently ranked the top 10 assets based on monthly development activity, and we will outline the findings below.

Oasis Network (ROSE) secured the top position with a score of 85.07. Meanwhile, Near Protocol (NEAR), which has the highest market capitalization among AI-related cryptocurrencies, took the second spot. Notably, this coin was at the top in the previous ranking as well.

Following in third place is The Graph, with Oraichain (ORAI) and Bittensor (TAO) taking the fourth and fifth positions, respectively.

The remaining AI cryptocurrencies in the ranking include Ocean Protocol (OCEAN), Golem (GLM), Aleph.im (ALEPH), Masa (MASA), and iExec RLC (RLC). 

For this research, Santiment considers numerous factors, such as monitoring GitHub commits and code contributions for development insights, analyzing on-chain data, and observing social media trends to assess community and market perceptions.

Which One is Missing?

Interestingly, one of the largest AI cryptocurrencies, with a market cap exceeding $4 billion, did not feature in the rankings. This cryptocurrency is the Artificial Superintelligence Alliance (FET), which was formed through the merger of three prominent AI-focused blockchain platforms: Fetch.ai, SingularityNET, and Ocean Protocol.

Recently, the asset’s price has surged, showing an 80% increase over the month. Currently, it is trading at approximately $1.60 (according to CoinGecko), and some analysts expect even more significant appreciation moving forward.

Crypto Rover, a well-known user on X with over 800,000 followers, has suggested that FET might be “a great play this cycle,” forecasting its price could reach as high as $10 in the coming months. Captain Faibik has also chimed in, predicting a midterm target of $3.90.

$FET Descending Broadening Wedge Upside Breakout is finally Confirmed..

Midterm Target: 3.90$#Crypto #FET #FETUSDT pic.twitter.com/QF4xkcVSWk

— Captain Faibik (@CryptoFaibik) September 20, 2024