10 Best AI Crypto Coins To Buy in October 2024

A List of The Best AI Crypto Coins To Buy

1. WienerAI (WAI): The most adorable artificial intelligence to launch in 2024. WienerAI is a loveable weenie dog that will use AI to take top spot.
2. 5thScape (5SCAPE): The best web3 crypto project that will use AI and VR to provide market-leading metaverse games. 5SCAPE has strong utility and a long-term development roadmap.
3. Scotty The AI (SCOTTY): The overall best AI crypto that combines artificial intelligence use cases with meme culture. Scotty is a loveable Scottish Terrier who will use AI to safeguard the crypto space and implement intelligent blockchain security solutions.
4. Fetch.ai (FET): Fetch.ai is an AI cryptocurrency that aims to create a decentralized digital world. It utilizes machine learning and blockchain technology to enable autonomous economic agents that can carry out complex tasks.
5. The Graph (GRT): The Graph is an AI cryptocurrency that focuses on indexing and querying data from blockchains. It provides developers with easy access to blockchain data, enabling them to build decentralized applications (dApps) more efficiently.
6. VeChain (VET): VeChain is an AI cryptocurrency that specializes in supply chain management and traceability. It combines blockchain technology with AI to enhance transparency, reduce counterfeiting, and improve overall efficiency in supply chains.
7. NEAR Protocol (NEAR): NEAR Protocol is an AI cryptocurrency that focuses on providing developers with a scalable and user-friendly platform for building decentralized applications. It utilizes AI algorithms to optimize performance, reduce transaction costs, and improve overall user experience.
8. Render (RNDR): Render is a GPU rendering network that is built on Ethereum. The platform powers AI applications by renting out the power that is needed to create them.
9. Bittensor (TAO): Bittensor is a platform that powers decentralized machine learning. This supports the development of AI technology by leveraging the possibilities of a distributed ledger.
10. Theta Network (THETA): Theta is a layer 1 blockchain network that is mainly used for AI and Entertainment applications. The THETA governance token is used for staking and voting.

AI Crypto Market Insights

The AI industry has seen tremendous growth so far in 2024 thanks to a growing interest in artificial intelligence. This has been good news for AI crypto projects which have benefitted from the trend and seen significant gains over the last few months.

Amongst the top-performing projects are The Graph, Render, and NEAR protocol which are all ranked top 50 by market capitalization. AI crypto projects aim to transform the industry and will likely play a big role in the future of blockchain.

A recent report by The Block demonstrated how AI cryptos have the ability to outperform the wider crypto market. One explanation of this is that AI tokens have strong utility compared to other crypto coins. The current market cap for AI tokens is $27.7 billion, making it one of the biggest crypto sectors.

1. WienerAI – The most adorable AI crypto project

WienerAI is an artificial intelligence crypto project with a twist. The project merges AI with meme-culture to create the world’s most adorable high-tech crypto token.

WienerAI is a weenie dog that will use the power of AI to upgrade itself and stay ahead of the game. This provides the token with long-term potential that makes it stand out from other meme cryptocurrencies.

WienerAI is an ERC20 token that offers lucrative staking rewards to early investors. This is another feature that makes WAI stand out from other meme tokens on the market.

The project will also provide AI powered trading algorithms – the WienerAI bot- that can be used to analyse the market and provide real-time trading insights. To access this tool, you must hold WAI coins.

The presale is expected to sell quickly so the best time to buy is now. The project has managed to raise $2.5 million so far which suggests that launch could be soon!

Your money is at risk.

2. Scotty The AI – The best AI crypto coin that recently ended its presale

Scotty The AI is one of the best new cryptocurrencies to buy in 2024. Unfortunately, the token just finished its presale which means that you can no longer buy it before launch. However, it is worth keeping an eye on the listing date and getting in early when it eventually lands on exchanges.

Scotty The AI is a blockchain security platform that will use AI and machine learning to analyze data and detect fraud. The software will then deploy advanced solutions to combat fraud and protect the crypto world.

The project sold out its presale quickly and has managed to attract a large community of supporters. For this reason, the token is expected to do well when it is launched on exchanges.

SCOTTY can be bought from Dextools.io with WETH. To buy the token, connect your wallet to the exchange and initiate the swap.

If you participated in the presale, you can start claiming your tokens. Open your crypto wallet and add the address on the official Scotty website to receive your tokens.

We are still expecting Scotty Swap and the beta version of Chat with Scotty. Similarly, the Scotty Picks beta version should show up subsequently.

While you can buy Scotty AI on Dextools.io, a broader DEX listing is on its way. This phase will also include CEX listings and partnerships. Then, we can truly expect demand for the token to push its price upward.

Your money is at risk.

3. Fetch.ai – The best AI crypto to buy in 2024 for long-term investors

Fetch.ai is a decentralized, open-source platform that combines AI with blockchain technology to create a world where autonomous economic agents can interact and collaborate. This means that instead of relying on a central authority, Fetch.ai allows AI agents to make decisions and carry out tasks based on their programmed algorithms and interactions with other agents.

One of the main advantages of Fetch.ai is its ability to provide personalized and efficient services. Through its AI agents, Fetch.ai can collect and analyze data from various sources to understand user preferences, needs, and behaviors. This allows for tailored recommendations and solutions, creating a more personalized and seamless user experience.

The ecosystem is supported by the FET utility token, which can be used to access the ecosystem. The token is required to use the platform and powers smart contracts. FET is available on most reputable exchanges and is considered to be one of the best AI tokens to buy in 2024.

Fetch.ai has positioned itself as a development hope for those interested in AI deployment. It provides the platform to build, deploy, and monetize AI-driven marketplaces, integrations, and apps. Hence, we can only expect a positive demand for the native token.

Regarding the native token, a merger is underway to merge $FET, $AGIX, and $OCEAN into $ASI. That represents the merger of Fetch.ai, SingularityNET, and Ocean Protocol, valued at $7.5 billion. With this move, we should see more rapid development in the AI space than we had when Fetch.ai started.

While the merger is ongoing, Fetch.ai remains a formidable AI-driven platform, making $FET one of the best AI crypto coins available during this period.

4. The Graph – A decentralized platform that allows access to blockchain data

The Graph is a decentralized protocol that enables users to query and index data from blockchain networks. It essentially acts as a bridge between blockchain data and applications, allowing developers to access and utilize data more efficiently.

The Graph provides developers with efficient and reliable access to blockchain data. By using indexing and query mechanisms, The Graph ensures that data is easily accessible and can be interpreted in a way that suits developers’ needs. This makes it easier for developers to build powerful dApps that are able to leverage the data stored on blockchains.

The native token of the platform is GRT. The token acts as the main payment option and can be used to reward participants. Token holders can also participate in governance.

With subgraphs supporting applications in over 50 networks, we certainly see a healthy demand for the Graph token. Indexers, curators, delegators, and subgraph developers all come together to create this globally distributed, decentralized infrastructure. Even so, there’s still a place for data consumers in the ecosystem.

The decentralized network of participants provides data to end users and receives GRT rewards. With many popular DApps signing up for the Graph, the token demand has become increasingly noticeable. Hence, it is a worthy addition to your portfolio if you hope to pick the best AI crypto coins during this quarter.

10 billion GRT tokens are available for a start. However, the project intends to add more annually as the years go by.

5. VeChain – An AI solution to supply chain management

VeChain is a blockchain-based AI cryptocurrency that aims to revolutionize supply chain management and enhance transparency across various industries.

Founded in 2015, VeChain is designed to enable businesses to track and verify the authenticity and quality of products throughout the supply chain process.

VeChain has two native tokens: VeChain Token (VET) and VeThor Token (VTHO). VET serves as the primary cryptocurrency, whereas VTHO is the utility token used to power the VeChain network. VET holders can generate VTHO by holding their tokens, which can then be used for transactions within the ecosystem.

Everything in this project boils down to the VeChainThor blockchain. The blockchain offers a few unique features, including EVM compatibility, low fees, speedy transactions, clauses, and fee delegation. Even so, you’ll still get security, affordability, sustainability, and scalability.

VET and VTHO are available on Ledger Live. There’s also fiat-on-ramp integration through Coinify. These bolster the tokens’ positions in the crypto community. Whether you are a developer or an investor, these tokens offer immense value among other AI crypto coins.

6. NEAR protocol – A blockchain platform that will use AI to address scalability and usability issues

NEAR Protocol is a blockchain platform that aims to make decentralized applications more accessible and user-friendly.

Built to address the scalability and usability issues faced by existing blockchain technologies, NEAR Protocol employs a unique approach that allows developers to create and deploy DApps with ease.

NEAR Protocol has a high throughput which allows high transaction speeds. This makes it an ideal platform for applications that require fast processing.

NEAR Protocol uses a consensus mechanism known as “Nightshade” that combines the security of Proof of Stake (PoS) with the scalability of sharding, further enhancing its performance capabilities.

You can invest in the platform by investing in NEAR tokens – the native utility crypto of the ecosystem. NEAR tokens are used to pay for transaction fees and are used as collateral for storing data.

This project has onboarded over 29 million accounts. The transaction fees are less than $0.01, and the platform witnesses over 181,000 daily transactions.

Hundreds of DApps are already running on NEAR, meaning the demand for the NEAR token remains healthy. While current statistics show declining prices, the overall trend for the past year has been bullish. This will likely continue once the coin picks up its value again.

There’s a learning section as well as a section to onboard users on the NEAR Protocol. You can learn more on the platform before picking up the NEAR coin.

7. Render – The best AI coin that is used in the creative industry

Render brings an innovative approach to addressing problems in the creative industry. It’s a simple model to connect GPU providers with those in need of such computational power for their rendering projects.

In other words, it provides decentralized AI marketplaces where creators can sell their digital assets directly to buyers without the need for intermediaries. This allows artists to have more control over their work and earn fair compensation for their talent and efforts.

Render crypto offers a promising solution for artists and creative professionals who have long struggled with issues of copyright infringement, lack of control, and unfair compensation.

The platform is supported by the RNDR utility token – an ERC20 token that can be used for payments within the ecosystem.

There’s a new move to migrate all RNDR tokens from Ethereum to RENDER on Solana. This comes as a result of the partnership between Kraken, other platforms, and the Render Foundation. The conversion rate will be 1:1.

The Render Network has been in operation since 2017. So, it has the longevity that most new AI cryptos do not have. The use case spreads across different industries, including media, augmented reality, gaming, mixed reality, medical, virtual reality, etc.

8. Bittensor – A leading decentralized artificial intelligence network

Bittensor is a decentralized artificial intelligence (AI) network built on blockchain technology. It aims to enable the development of AI applications that can run on a decentralized network and leverage the collective intelligence of its participants.

This is achieved through a unique consensus mechanism called Proof-of-Spacetime, which incentivizes users to contribute their computing resources to the network.

Unlike traditional AI networks that rely on centralized servers, Bittensor distributes the computing and processing power across its network, making it more resilient and secure. This decentralized approach also promotes fairness and censorship resistance, as no single entity has control over the network.

The Bittensor network uses a token called Bittensor Tensor (BITT) that serves as both a utility token and a means of incentivizing participation. Users can earn BITT tokens by contributing their computing resources or by training and sharing their AI models.

TAO hit an impressive run between January 2024 and March 2024, eventually ending at its highest price ever. That shows a record demand for the token, as the platform provides the enabling ground for several digital creations. These include storage space, machine intelligence, financial markets prediction, compute power, etc.

You don’t have to create a subnet to be part of the platform. There are opportunities to become a subnet miner or a subnet validator. That provides multiple entry points that leave room for more token demand.

9. Theta Network – A blockchain solution to streaming

Launched in 2018, Theta Network has quickly gained popularity for its unique approach to solving the challenges faced by the online video streaming industry.

Theta Network is designed to address two major issues: high content delivery costs and poor streaming quality. By utilizing a decentralized network of nodes, Theta Network allows users to share their excess bandwidth and computing resources, creating a peer-to-peer video delivery infrastructure.

The network uses THETA tokens to reward users who contribute their resources to the network. Content creators, viewers, and nodes operators can earn THETA tokens by sharing and viewing content, as well as by supporting network operations.

THETA will soon debut in Binance Japan, further expanding its reach and trading capacity. With big names like Samsung NEXT, Sparkland, Sierra Ventures, and DHVC backing the project with investments, the token holds a value that can boost its price.

Like Bittensor, it involves sharing CPU and GPU power. However, this time, it leans towards AI and video workloads. That works for Windows, macOS, and Linux to ensure the broadest reach among crypto experts.

You can visit the Theta Network official website to learn more about the project. While at it, remember to check in frequently with us at ICOBench for the latest on AI crypto coins.