Users have shown significant interest in AI-related crypto tokens. The spike in demand followed reports of a possible Microsoft investment in OpenAI \u2014 the creator of ChatGPT. The Block reports this.<\/p>\n
According to CoinGecko<\/a>, nine AI-related coins rose by more than 50% in the last week. However, many of them are low-liquidity, meaning that price moves do not require much time or capital.<\/p>\n The ImgnAI token, linked to an anime-based AI image generator, showed the largest rise. Over the week its value increased by 356.3%, and trading volume over the last 24 hours was $539,187.<\/p>\n The corresponding figure for the more liquid AI token Fetch.ai reached $161.5 million. Turnover over the week rose 79.5%.<\/p>\n Dragonfly Capital managing partner Haseeb Kureshi says the cryptocurrency could play a larger role in the mass adoption of AI. This is especially true in cases where software, bots and autonomous vehicles begin to use money without human intervention, he added.<\/p>\n \/3 But there will be agents that use money that are not people, companies, or governments.<\/p>\n AIs will use money. Self-driving cars will use money. IoT devices, long-running software, even physical objects.<\/p>\n Hence crypto\u2019s new API for money:<\/p>\n Cryptographic address => Money<\/p>\n \u2014 Haseeb \uff1e|\uff1c (@hosseeb) January 9, 2023<\/a><\/p><\/blockquote>\n \n