Due to the growing popularity of ChatGPT, the overall market value of tokens linked to artificial intelligence and big data rose to $5 billion.
According to CoinMarketCap, the prices of the largest tokens such as GRT, AGIX, FET and OCEAN rose by 20% or more in the last 24 hours.
The Grap (GRT) token, with a market capitalization above $1.5 billion, rose by 37.25%. The trading volume over the past 24 hours reached $583.28 million.
The price of the SingularityNET (AGIX) decentralized AI platform token rose by 27.47%. The daily trading volume was $406.58 million.
The price of Fetch.AI (FET) rose by 23.56%, and Ocean Protocol (OCEAN) by 19.76%. 24-hour trading volume reached $456.43 million and $201.69 million respectively.
The recent success of ChatGPT has drawn public attention to artificial intelligence more broadly. A study found the chatbot’s user base reached 100 million.
Doing so just two months after launch, the service became the fastest-growing platform on the internet in history.
In January, the prices of nine AI tokens surged by 50% amid the popularity of ChatGPT.
In the same month, Ark Invest’s chief futurist, Brett Winton, forecast growth of crypto assets in the era of artificial intelligence.