Since the start of 2024, AI industry has seen rapid development as OpenAI’s Sora product generating a new wave of hype within the sector. Especially after the launch of ChatGPT-4o, AI industry has been in the spotlight around the world, gaining growing popularity. Due to the favourable external environment, AI-related crypto projects are seeing exploding development.

There is no doubt that the potential in this space is huge. However, with so many AI tokens vying for attention, how to identify the most promising AI crypto coins and make right investment in Canada? In this article, we will explore the best AI crypto coins to keep an eye on for Canadians in June 2024.

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Quick Look at the Best AI Coins to Keep an Eye on in May 2024

Render Token (RNDR)

Fetch.ai (FET)

Bittensor (TAO)

SingularityNET (AGIX)

Internet Computer (ICP)

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Render Token (RNDR)

Launched in 2016, Render Token (RNDR) is a virtual currency based on Ethereum blockchain technology. This token was designed to solve problems in the field of computer rendering. The vision of the RNDR project is to create a decentralized computer rendering network that brings together idle computing resources worldwide to provide a more efficient and cheaper solution for computer rendering. At the same time, the platform also provides more revenue opportunities for players in the field of computer rendering.

The RNDR token is the core native token of the platform, and its issuance and trading were based on the Ethereum blockchain. The token is intended to be the major cryptocurrency for transactions in computer rendering services, providing revenue and payment support for players in the computer rendering space. Users who hold RNDR tokens can use them to buy and sell rendering missions, as well as provide them to the network for corresponding rewards.

Render Token boosts many outstanding features, like its cost-efficiency, decentralization and transparency, community and utility, etc. All of its major features drive this new AI token to unleash huge potential and draw great attention from the crypto enthusiasts.

The following sets forth the RNDR to USD Chart

Render Chart

For more information about Render Token (RNDR), please visit BTCC quote page.

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Fetch.ai (FET)

Fetch.ai (FET) is an Ethereum token that powers Fetch.ai, a decentralized machine learning platform for applications such as asset trading, gig economy work, and energy grid optimization. Not only connecting devices and services to the Internet of Things, Fetch.ai (FET) also facilitates the involvement of other agents, such as people.

Thanks to the innovative combination of different technologies like DAG, DLT, smart contracts, AI, and machine learning, Fetch. ai emerges as a unique project in the crypto market. As one of the rare blockchain-based projects that use AI to enhance solutions within the digital economy that the network represents, Fetch.ai (FET) aims to revolutionize a wide range of industries and sectors by combining AI, machine learning, and DLT.

The project has seen rapid development in its technology, bringing innovation to different industries and enhancing various sectors and use cases. There is no denying that Fetch.ai (FET) creates a decentralized, democratized economy where users can interact and connect with devices, organizations, services, and other users, offering it a promising outlook in the future.

The following sets forth the FET to USD Chart

Fetch.ai Chart

For more information about Fetch.ai (FET), please visit BTCC quote page.

If you are interested in trading Fetch.ai (FET), click the button below to directly enter Fetch.ai (FET) trading page.⇓

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Bittensor (TAO)

Bittensor is a decentralized blockchain network acting as an open peer-to-peer (P2P) ecosystem for creating, training, sharing, and trading artificial intelligence (AI) and machine learning (ML) models. By leveraging distributed networks, knowledge sharing, and incentivizing participation, Bittensor aims to drive AI innovation.

Bittensor is a platform designed to train and develop AI models by collaborating with each other. On this platform, participants contribute to the network using their own computer resources and are rewarded with TAO tokens for their contributions. The primary purpose of TAO tokens is to promote and support the Bittensor ecosystem, playing an important role in Bittensor’s decentralized artificial intelligence market. Bittensor’s unique approach lies in its use of blockchain technology and cryptographic incentives to coordinate the training and deployment of AI models. While its native cryptocurrency TAO has multiple functions, including using as rewards to incentivize miners, staking, governance, fees and payments.

As more businesses need AI solutions, demand for Bittensor’s platform and TAO tokens could spike, thus boosting its price. With Bittensor, it is easier for smaller teams and individuals to contribute to AI innovation. Besides, Bittensor rewards participants, boosting demand for its native token TAO. All these factors drive Bittensor a promising AI crypto in June 2024.

The following sets forth the TAO to USD Chart

Bittensor Chart

For more information about Bittensor (TAO), please visit BTCC quote page.

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SingularityNET (AGIX)

Co-founded by Dr Ben Goertzel and Dr David Hanson, SingularityNET (AGIX) is one of the trending AI-based cryptos on the market today, with a market value of 1 billion. SingularityNET is a decentralized platform focused on artificial intelligence that aims to enable anyone to create, share and deploy AI services in any place in the world.

AGIX, the native token of  SingularityNET, plays a key role on SingularityNET’s open decentralized platform.  AGIX tokens are used to achieve four key mechanisms: buying and selling, settlement, incentives, and governance. Specifically, when developers or users develop, test, and publish their own AI application and scene simulation operations on the platform, AGIX tokens may be used for payment or reward. Similarly, individual or institutional users are required to pay with AGIX tokens when calling industry domain AI code or Dapps published in SingularityNET.

SingularityNET lowers the barrier to entry for AI development. The major features of AGIX  tokens include high safety, decentralized network, fast and low-cost transactions and programmable smart contracts. As the market for specialized AI solutions grows, SingularityNET’s marketplace, as well as AGIX, could see exploding growth in value. So far in 2024, this AI crypto token has seen remarkable performance and is expected to continue to excel throughout the year.

The following sets forth the AGIX to USD Chart

SingularityNET Chart

For more information about SingularityNET (AGIX), please visit BTCC quote page.

If you are interested in trading SingularityNET (AGIX), click the button below to directly enter SingularityNET (AGIX) trading page.⇓

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Internet Computer (ICP)

Internet Computer (ICP) token is a digital currency based on blockchain technology that aims to transform the existing Internet architecture by providing a scalable, secure, and decentralized Internet infrastructure. Internet Computer (ICP)protocol offers users the power of limitless smart contracts to host data, computing, user experience and content, on-chain. It enables users to build tamperproof web 3 social media, enterprise infrastructure, gaming and virtual reality. Internet Computer (ICP) gives full stack decentralisation and multi-chain options. It focuses on scalability and utility with a low carbon footprint. It is committed to build greentech web 3 solutions.

Since its launch in May 2021, ICP coin has shown strong vitality, and its market value once ranked among the top ten cryptocurrencies in the world. Internet Computer (ICP) coin has an important position in the cryptocurrency field with its unique technical characteristics, wide application scenarios and stable market performance. All its unique features and excellent performance drive Internet Computer (ICP) a promising AI crypto for Canadians to invest in June 2024.

The following sets forth the ICP to USD Chart

Internet Computer Chart

For more information about Internet Computer (ICP), please visit BTCC quote page.

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Conclusion

Thanks to the supportive stance from Canadian government on AI sector and cryptocurrencies, the AI crypto coins have seen increasing adoption in the country. Therefore, for crypto enthusiasts with huge interests in AI tokens, selecting the best AI crypto coins is of great significance. Since entering 2024, the best AI cryptos Render Token (RNDR), Fetch.ai (FET), Bittensor (TAO) , SingularityNET (AGIX) and Internet Computer (ICP) have show great growth potential with their respective unique innovative solutions, making them the best AI coins for Canadians to keep an eye on in June 2024 .

However, as these AI tokens are relatively new and is still in the early stage, traders are advised to make profound analysis and stay well-informed before making any related trading decision.

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