Top 3 AI Crypto Coins To Watch As White House Backs AI Expansion

Top 3 AI Crypto Coins To Watch As White House Backs AI Expansion

The White House has launched AI.gov to promote the development of artificial intelligence in the United States.

This new development has brought more attention to cryptocurrencies connected to artificial intelligence.

Among the top AI crypto assets worth watching are Artificial SuperIntelligence (FET), Bittensor (TAO), and Render (RENDER).

White House AI Push Sparks Market Interest in AI Crypto Coins

The United States government has taken a new step toward building a leadership position in artificial intelligence.

On July 23, the White House announced the launch of AI.gov. This is a central platform created to support the country’s frontline role in the AI technology sector.

Notably, the move forms part of a larger plan aimed at increasing innovation, improving AI infrastructure, and leading global discussions on security and standards.

According to officials, the United States is working to maintain its lead in a global competition for technological supremacy.

President Donald Trump’s administration stated that whoever builds the strongest AI system will shape future global systems and gain both economic and national security benefits.

Source: X

Alongside the announcement, updates from Walter Bloomberg stated that the government would ease certain restrictions that affect AI development.

It is also important to note that plans to support the faster construction of data centers were shared.

More importantly, this change in direction has caught the attention of crypto investors.

This is particularly notable among those watching coins associated with artificial intelligence projects.

Since the announcement, some of the listed AI crypto coins have been gaining ground. Fetch.ai (FET) plays a significant role in the Artificial Superintelligence Alliance.

Notably, the group is made up of Fetch.ai, SingularityNET, Ocean Protocol, and was later joined by CUDOS.

Additionally, the Alliance is one of the largest open-source groups working on advanced AI systems.

Its main aim is to go beyond basic AI and work toward building more complex systems known as Artificial General Intelligence.

At the time of reporting, AI crypto coin, FET traded at $0.737, showing a 0.98% drop in one day.

FET Daily Price Chart | Source: CoinMarketCap

The market value of the token stood at $1.78 Billion. Trading volume within the same 24-hour period reached $189.55 Million.

Despite the price dip, the token remained in focus due to its strong ties to current developments.

Bittensor (TAO) Leveraging Machine Learning Potentials

Bittensor (TAO) is an AI crypto project that connects blockchain technology with machine learning.

It allows different models to train together and rewards them using its token, TAO. Rewards are based on the value of the shared information to the broader network.

Users can also gain access to the system and use its results for personal or business needs.

As of the time of writing, TAO was priced at $420.75, showing a 2.54% drop over the past day.

TAO Daily Price Chart | Source: CoinMarketCap

The ratio between its trading volume and market cap stood at 10.59%, suggesting steady activity.

Bittensor’s focus on data sharing and learning systems aligns it with the government’s new direction in building AI infrastructure.

Render (RENDER) and GPU Power

Render (RENDER) provides a platform where individuals requiring substantial computing power for graphics-intensive work can connect with those who have unused GPU resources.

This setup enables artists and developers to undertake complex design work without needing to purchase their hardware.

Render also supports the creation of new tools and services within the digital world.

RENDER was priced at $4.01, down 2.84% in the last 24 hours. The AI crypto token has remained one of the top-ranking AI-linked coins in recent months.

RNDR Daily Charts | Source: CoinMarketCap

This is mainly due to its clear use case and growing demand for digital content services.

Notably, as the United States increases its focus on artificial intelligence, attention is likely to remain on related digital assets.

AI crypto coins, such as FET, TAO, and RENDER, may continue to draw interest as investors await new updates on policy, infrastructure, and growth in the sector.

The post Top 3 AI Crypto Coins To Watch As White House Backs AI Expansion appeared first on The Coin Republic.

14.15K
1
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.