This is how investors can benefit from the hype around AI

Services like ChatGPT or Google Bard have paved the way for artificial intelligence to become widespread in society. Suddenly AI has become tangible and more and more people are using the tools as practical helpers in their everyday lives. The AI ​​hype is also driving demand on the technological side.

Example Nvidia shares: This is how lucrative AI investments are for investors

An example of this is the US company Nvidia, which is a leading provider in the field of AI computing and the production of high-performance chips for corresponding applications. Just a look at the price of Nvidia’s shares clearly shows the potential that investors also attribute to AI.

In October 2022, Nvidia’s stock was still available for less than $110 per share. The price is now trading at just under $780. This means that the value has increased by more than 600 percent in less than 1.5 years. For investors, Nvidia shares have become one of the most lucrative investments on the US stock exchanges.

From Worldcoin to Fetch.ai: 5 exciting AI tokens

But the demand for cryptocurrencies in the field of artificial intelligence is also continuously increasing in the crypto sector. AI tokens such as Worldcoin, Render, Singularity.net, Injective and Fetch.ai are very popular with investors and have shown enormous growth potential in recent months.

Some of the AI ​​tokens that investors at Anycoin Direct There is likely to be a promising future ahead of them, as they offer exciting application scenarios, as a brief overview of the use cases of the tokens mentioned shows.

Worldcoin: A new form of identity proof

At the heart of Worldcoin is the World ID, which is a new, privacy-friendly identity network. Users worldwide can provide proof of their identity completely digitally without giving up their privacy. To do this, the system uses zero-knowledge proofs. All users need is a smartphone and the World app, which can be downloaded from the Android and Apple stores. For identification on Worldcoin, a physical imaging system with screening of the eye, called Orb, is used. The biometric identification can be linked to a crypto payment system, the Worldcoin token (WLD). By the way, the person behind the project is none other than Sam Altmann, the CEO of Open AI.

The price of WLD has already recorded a strong rally in recent weeks. As recently as September last year, the token cost $1. Today the price is already almost 8 US dollars. In the next few years the price could reach regions of 30 US dollars, estimate the analysts at coincodex.com in their forecast.

Last year, the crypto project Render also ventured into the area of ​​artificial intelligence and machine learning. The distributed GPU rendering network, based on the Ethereum blockchain, aims to connect artists and studios in need of computing power with mining partners who provide their GPU capabilities. Investors interested in Render could purchase the RNDR token.

This crypto project is also currently benefiting massively from the AI ​​boom. The price of RNDR climbed from a level of 1.3 US dollars in September 2023 to just under 8 US dollars in less than half a year. A remarkable growth of more than 500 percent. Coincodex predictsthat the price will break through the $10 mark this year and sees long-term price targets at just under $30.

SingularityNET: Create your own AI services

SingularityNET’s focus is an open marketplace that enables developers to create, share and monetize new AI services. Users have direct access to the new applications and can search for, test and purchase AI tools. The platform’s native token called AGIX can be used for this.

The SingularityNET team is also active in AI research and has developed its own robot called “Sophia” that understands human language. In addition, an AI framework was developed to establish artificial intelligence at a human level and beyond.

At the beginning of the year, the AGIX token was still available for around 0.3 US dollars. The price has now more than doubled within a few weeks and is currently trading at more than 0.7 US dollars. According to coincodex.com forecast The price will reach the $1 mark this year.

Injective: Designed for the financial world

At the heart of this exciting venture is an AI-based, open layer-one blockchain that supports next-generation DeFi applications. These include spot and derivatives exchanges. Injective provides a fully decentralized on-chain order book for these purposes. Injective’s decentralized cross-chain bridge infrastructure is also compatible with Ethereum, IBC-enabled blockchains and non-EVM chains like Solana.

The portfolio also includes a latest generation smart contract platform that offers expanded interchain capabilities. The proof-of-stake consensus mechanism enables super-fast transactions of more than 10,000 per second. Injective can already point to more than 100 projects and has a community of more than 150,000 members.

The price of the native INJ token recently broke through the $40 threshold after the coin was trading at $3 a year ago. By 2030, coincodex.com expects the price to rise to $140.

Fetch.ai: The big AI laboratory

Last but not least, investors should take a look at Fetch.ai for attractive AI tokens. Long before the current AI hype, the project was founded in 2017 and launched on Binance two years later. Fetch.ai can be described as an AI laboratory that impresses with its open structure, where decentralized machine learning networks are developed to build a new cryptoeconomy.

Another special feature is that no authorization is required to connect and access the data records. Fetch.ai is therefore designed to be democratic in the best sense of the word and follows the origins of crypto technology. Fetch.ai’s application scenarios range from optimizing existing trading services in the DeFI sector, to transportation networks (e.g. for travel and traffic) to intelligent energy supply networks.

The price of the Fetch.ai token has currently reached a new record price and has risen to just under 1.48 US dollars. Just a few months ago, however, the price was only 0.2 US dollars. According to the forecast from coincodex.com The price will rise above $2 this year and may reach $4 in the long term.

Buy AI tokens now on Anycoin Direct

The five examples mentioned show the incredible potential of AI tokens for investors. All of these cryptocurrencies can be purchased very safely and conveniently via Anycoin Direct. BTC-ECHO readers who register now and buy the tokens on the renowned crypto exchange will receive an additional 10 euros in their personal wallet.