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The 13 Best AI Crypto Coins To Buy In 2024 | Top AI Projects

Artificial intelligence is a technology trend this year thanks to the launch of ChatGPT, and the crypto industry is not left behind as several projects integrate AI into their services. Soon, the best AI crypto coins will be those that best merge artificial intelligence and Web3.

This guide dives into projects making strides in this regard. The cryptos we touch on are those we believe are building amazing products and have a good chance of becoming household names, at least in the crypto industry.

We look at what they do, why they may be good investments and the most prominent risks in investing in them.

Best AI Crypto To Buy In 2024

  1. BitBot (BITBOT) – Best Crypto Trading Bot
  2. Memeinator (MMTR) – Best New Meme Coin
  3. Render (RNDR) – Best Computation Network
  4. SingularityNET (AGIX) – Best AI Marketplace
  5. Akash Network (AKT) – Best AI Supercloud
  6. Fetch.AI (FET) – Best Autonomous AI Agents
  7. Ocean Protocol (OCEAN) – Best Data Marketplace
  8. Artificial Liquid Intelligence (ALI) – Best AI Monetisation Protocol
  9. Altered State Machine (ASTO) – Best AI Metaverse
  10. ArbDoge AI (AIDOGE) – Best AI Memecoin
  11. iExec RLC (RLC) – Growing Computational Assets Marketplace
  12. Numeraire (NMR) – Best Crypto-Powered AI Hedge Fund
  13. Deep Brain Chain (DBC) – AI-Focused Computational Cloud

The Best AI Crypto Projects Compared

AI Crypto

Category

Blockchain

Market capitalization

Where to Buy

BitBot (BITBOT)

Utility

Ethereum

None yet

Buy BITBOT

Memeinator (MMTR)

Memecoin

Ethereum

None yet

Buy MMTR

Render (RNDR)

Computation

Ethereum

$662.45 million

Buy RNDR

SingularityNET (AGIX)

Marketplace

Ethereum

$276.76 million

Buy AGIX

Akash Network (AKT)

Supercloud

Cosmos

$128.37 million

Buy AKT

Fetch.ai (FET)

Infrastructure

3+

$225.25 million

Buy FET

Ocean Protocol (OCEAN)

Marketplace

3+

$155.11 million

Buy OCEAN

Artificial Liquid Intelligence (ALI)

Monetization

3+

$66.18 million

Buy ALI

Altered State Machine (ASTO)

AI Metaverse

Ethereum

$14.12 million

Buy ASTO

ArbDoge AI (AIDOGE)

Memecoin

Arbitrum

$18.27 million

Buy AIDOGE

iExec (RLC)

Cloud services

3+

$86.97 million

Buy RLC

Numerai (NMR)

Financials

Ethereum, Energi

$88.97 million

Buy NMR

DeepBrain Chain (DBC)

Cloud services

Private chain

$6.15 million

Buy DBC

Memeinator – Best New Memecoin

Memeinator is a memecoin with a twist. While other memecoins adopt an animal theme, either a dog or frog, Memeinator has chosen to adopt themes from the wildly popular Terminator series. It features terminator dogs that have traveled back in time to dominate the meme market.

Why invest in Memeinator?

In the memecoin space, virality is the difference between success and failure. Memeinator has employed innovative marketing strategies, an engaging story, and an upcoming suite of products to keep its growing community engaged.

Despite the uncertainty of the memecoin space, Memeinator has displayed the potential to create a community of loyal supporters by offering innovative rewards. One of which is a trip to space on the Virgin Galactic, worth a whopping $250,000.

In the future, the MMTR token will be the key to unlocking the ecosystem which will include exclusive NFTs and an action game.

Risks in investing in Memeinator

Big plans and hype are common tools that memecoins employ to get people onboard, and while Memeinator is making strides, it is still untested. Most memecoins fail, and there is a possibility that Memeinator will as well.

MMTR has a maximum supply of 1 billion tokens, 62.5% of which is on offer in the presale which is currently ongoing. This is suitable as most of the supply will be in the hands of the public, making it less prone to manipulation.

To join the presale, head over to the Memeinator site.

BitBot (BITBOT) – Best Crypto Trading Bot

bitbot crypto trading bot website homepage

Bitbot is a crypto trading bot that allows you to trade cryptos on-chain using simple text instructions on Telegram. The bot is part of a rising trend of people using bots with instant execution speeds to keep up with institutional traders.

These bots are usually integrated with the Telegram messaging platform, allowing users to control their trading activities using simple commands. Because of their ease, efficiency, and speed, traders can use them to uncover and buy tokens before they launch on major exchanges.

Why invest in Bitbot?

Bitbot offers features that place it ahead of other trading bots. The most pertinent is its emphasis on decentralization. Most Telegram bots hold on to their users’ private keys, creating an attack vector.

We saw this happen with popular bots like Unibot which was hacked in October 2023. The attacker could drain funds from connected wallets because the platform stored its users’ private keys.

Bitbot uses a completely decentralized structure to ensure users are always in charge of their tokens.

Risks in investing in Bitbot

While the bot has utility, the success of its token depends on the company’s ability to attract and retain users, which is usually easier to accomplish during a bull market than a bearish one.

2024 is expected to be bullish thanks to Bitcoin’s halving, however, interest beyond the bull season is yet to be determined.

Bitbot has a total supply of 1 billion tokens, 30% of which will be sold in an upcoming presale event. This presale includes a competition that will reward participants with up to $100,000. To stay current on the presale, visit the Bitbot website.

Render (RNDR) – Best Computation Network

render homepage with logo and signup window

Render is a computational cloud that functions on a decentralized network of GPUs that provide processing power needed to render videos, architectural drawings, animations, NFT collections, and run AI models.

Why Invest In Render?

Besides the obvious value proposition of providing rendering services at scale and on-demand at a cheaper price point than legacy providers, Render network creates opportunities for all participants in the render value chain.

By connecting your GPUs to the network, you can accept jobs, render them and get paid using the native token of the Render network, RNDR.

Developers working on AI can access as much computational power as needed in real time to train their models.

Render is one of the fastest growing cryptos as AI has exploded this year and the world moves closer to an artificially intelligent future.

Risks In Investing In Render

The value of RNDR tokens are tied directly to the value of the network and the volume of projects rendered. The network as a whole will face stiff competition from various legacy providers, especially from Nvidia’s GPU computation cloud service.

RNDR can be purchased on exchanges like Coinbase.

SingularityNET (AGIX) – Best AI Marketplace

singularity-net

SingularityNET is a decentralized marketplace where AI algorithms serving various functions can be traded. The network also aims to create an artificial general intelligence that is completely decentralized and democratized.

Why Invest In SingularityNET?

Asides from being one of the most capitalized AI cryptos, SingularityNET is at the forefront of the AI and Web3 fusion, two of the biggest developments in tech in recent times. If the world is going to integrate with AI, then a platform that allows people to trade the technology can prove very useful.

Businesses that wish to integrate AI to enhance their operations can simply search, try, and select from a library of algorithms.

Risks In Investing In SingularityNET

SingularityNET is based on the premise that AI will eventually merge with Web3. While that is possible, it is not guaranteed as the leading AI projects in the world are owned by legacy Web2 companies.

SingularityNET features the AGIX token which will be used for governance, staking rewards, and as the primary token for the platform’s AI marketplace.

You can buy AGIX on an exchange like Coinbase.

Akash Network (AKT) – Best AI Supercloud

akash-network

Akash Network is a decentralized cloud platform with the computational power needed to run enterprise applications, including AI models. Thanks to its open-source marketplace for high-density GPUs, developers will be able to run complex AI models on various GPU types for best performance.

Why Invest In Akash Network?

Akash Network is an IBC enabled blockchain, meaning that it is the only decentralized cloud network that can communicate with other blockchains in the Cosmos ecosystem. This makes it valuable for users running AI applications that will need to communicate with other dapps.

The network also provides computer power at cheaper prices thanks to its reverse auction pricing model where users submit their desired price and service providers compete for the job.

The network also provides persistent storage that saves app data even when computer resources have been wound down.

Risks In Investing In Akash Network

The network’s pricing model may not always be favorable for service providers which may discourage them from joining the network or bidding for jobs.

The network features the AKT token which is used to pay for computer services.

To buy AKT, sign up for an exchange like Coinbase.

Fetch.AI (FET) – Best Autonomous AI Agents

fetch-ai

Fetch.ai is the infrastructure for building and deploying Web3 agents that can be used to automate systems and processes. Agents are pieces of autonomous software code that act on behalf of humans and organizations. They can be programmed to perform tasks that a human would or grant authorizations that an organization would.

Why Invest In Fetch.ai?

Fetch.ai is a leading platform for the creation of automated code that are not natively smart contracts on the blockchain, placing it in prime position for growth as the world embraces AI tools.

Fetch.ai’s native token FET also has strong tokenomics on its side as 90.4% of its total supply is already in circulation.

Risks In Investing In Fetch.ai

AI is still fairly new and Web3 AI integrations are even newer. There is no way to be certain about how the AI narrative will play out in the coming years, especially in the Web3 space.

You can buy FET on exchanges like eToro.

Ocean Protocol (OCEAN) – Best Data Marketplace

ocean-protocol

Ocean Protocol is a marketplace for trading data and AI models. In a data-driven world, useful data sharing is key and can be used for various purposes like business analytics, decision-making, deep learning, and for training AI algorithms.

With Ocean Protocol, owners of proprietary data that want to make money from it but do not wish for it to be made public can privately and securely sell their data as ERC721 data NFTs or ERC20 datatokens.

Why Invest In Ocean Protocol?

Ocean Protocol helps curb legal issues with data sharing used to train machine learning algorithms as OpenAI recently came under fire regarding the source of the data used to train its model. Sensitive data can easily be traded, allowing companies and even individuals to profit from hard-earned data without worrying about the data being stolen or used illegally.

Platform stakeholders can also stake OCEAN tokens for a 10.38% yearly return.

Risks In Investing In Ocean Protocol

Ocean’s idea is innovative, but not new. Web2 solutions already exist that sell datasets that can be used to train AI models. Furthermore, due to the open source nature of blockchain technology dApps, data providers can simply repurpose the code to build platforms that allow them to sell their data themselves.

Despite the risks, Ocean Protocol is an innovative project with massive potential in an AI world.

You can buy OCEAN, on an exchange like Binance.

Artificial Liquid Intelligence (ALI) – Best AI Monetization Protocol

artificial-liquid-intelligence

Artificial Liquid Intelligence is a decentralized protocol built for creating, managing, and deploying AI models, assets, dapps, and other derivatives. The platform supports the tokenization and monetisation of AI derivatives while maintaining total ownership thanks to the decentralized structure.

It merges Web3 and AI, bringing the ownership, control, and privacy that the blockchain space technology provides for digital assets (like NFTs) to AI crypto projects.

Why Invest In Artificial Liquid Intelligence?

Artificial Liquid Intelligence is offering a unique service at the intersection of Web3 and AI by providing the entire infrastructure that developers and builders need to create and manage AI assets and tokenized AI agents (called iNFTs).

Furthermore, the protocol’s native token, ALI, is deeply woven into its service offerings as network participants need the token to create assets, pay for crypto assets, upgrade iNFTs, and execute transactions. This ties the growth of the token to the growth of the protocol.

Risks In Investing In Artificial Liquid Intelligence

Artificial Liquid Intelligence offers services for a world where Web3 AI assets are a normal thing, and while they may be prominent in some circles, it has not achieved widespread use, even within crypto. Hence, an investment in ALI may take some time to come to fruition.

You can buy ALI on decentralized exchanges like Quickswap and Centralized Exchanges like Coinbase.

Altered State Machine (ASTO) – Best AI Metaverse

altered-state

Altered State Machine is a protocol that allows users to develop unique artificial intelligence agents, train them, use them for various gaming and Metaverse purposes, and then trade them like NFTs on a marketplace.

Similar to game characters that can be developed to various power levels and then traded, Altered State Machine allows people to create AI agents which consist of Avatars (physical appearance), ASM brains (the AI aspect), and memories. Each agent has unique strengths, weaknesses, and purposes.

Why Invest In Altered State Machine?

Altered State Machine is at the intersection of AI and the Metaverse. Its value proposition is unique, allowing avatars in its open Metaverse to have unique skills and abilities. It opens up a market for these skills in multiple sectors, which could lead to the creation of new types of jobs.

Risks In Investing In Altered State Machines

Because of the uniqueness of this project, it may take a while for regular crypto users to catch up to these crypto assets. New innovations are not always appreciated or used when they are launched. In the meantime, its token may experience slow growth or stagnation.

The platform featured a token called ASTO which is used for most major activities like creating ASM brains, training AI agents, and transacting on the marketplace.

You can buy ASTO on exchanges like Coinbase.

 

ArbDoge AI (AIDOGE) – Best AI Meme coin

arbdoge

ArbDoge AI is a meme coin on the Arbitrum network that claims to leverage artificial intelligence to build a suite of products that will bring value to its holders. It rose to prominence after the astronomical meme coin rally brought on by the popular Pepe meme coin. ArbDoge AI has a circulating supply of 194 quadrillion tokens.

Why Invest In ArbDoge AI?

ArbDoge AI is a wildcard on our list. Most meme coins do not leverage AI in any meaningful way asides riding the wave, and this is precisely why we chose it. The AI narrative may perpetuate interest in AI-themed meme coins, and ArbDoge AI leads in this regard.

Furthermore, the meme coin implements an 8% token burn on every transaction. So far, 21 quadrillion or 10% of the total supply has been burned. The project is also developing various products that will exacerbate the burn process.

Risks In Investing In ArbDoge AI

ArbDoge AI is another meme coin project with promises to implement various programs and incentives to create utility for its token. We cannot guarantee that its efforts will be successful, and history suggests otherwise.

You can buy AIDOGE on exchanges like Coinbase.

iExec RLC (RLC) – Growing Computational Assets Marketplace

iexec

iExec is a marketplace where users can trade computational assets like CPU power, AI models, and other components that developers can use to build and run Web3 applications in a decentralized way.

The marketplace utilizes confidential computing technology that allows anyone to sell resources to any other member of the network in a trustless way without worrying about privacy or transferring ownership of their assets, a decentralized protocol of sorts.

Why Invest In iExec?

iExec allows the democratization of computing assets, including CPU power and datasets, which are important aspects of AI. Furthermore, the marketplace’s native token, RLC, is needed to trade assets, giving it major utility on the platform.

Risks Of Investing In iExec

iExec is one of several marketplaces that allows users to trade computational assets. Soon, iExec will have to compete for visibility and market share in a fast-growing space.

You can buy RLC on exchanges like Coinbase.

Numerai (NMR) – Best Crypto-Powered AI Hedge Fund

numerai

Numerai is a hedge fund that incentivizes data scientists around the world to provide data processing models that accurately predict the stock market. Numerai functions as both a hedge fund and a data science competition.

The hedge fund uses a blockchain-powered platform to reward data scientists that submit accurate, profitable models. These scientists stake their models with the native token, NMR. Winning models get rewarded with more tokens, while losing models have a portion of their tokens burned.

The result for the hedge fund is a delta-neutral meta-model augmented by hundreds, if not thousands, of machine learning models from around the world. Numerai then uses the Meta model to manage its global equity fund.

As of writing, Numerai’s fund outperforms the market and most other quantitative trading firms.

Why Invest In Numerai?

Numerai’s incentive model attracts the best people to their platform. While the token’s utility to non-data scientists may not be obvious to the untrained eye, there are growth opportunities, provided data scientists continue to submit staked models.

The complexity of predicting the market using deep learning models makes the probability of success low. This means that statistically, most models submitted should fail and a portion of the staked tokens should be burned, removing them from circulation.

NMR’s current tokenomic model allows for long-term growth provided the rate of submission stays constant.

Risks In Investing In Numerai

The profitability of Numerai depends largely on data scientists’ willingness to stake their models. If interest dwindles, so does the value of the token.

You can buy NMR on exchanges like Coinbase.

DeepBrain Chain (DBC) – AI-Focused Computational Cloud

deepbrain

DeepBrain Chain is a cloud-based computation platform that provides the resources necessary to train and run various AI models.

The platform consists of a high-computation network, a blockchain mainnet, and a GPU mainnet that work together to deliver computational power in a decentralized manner. The platform does not depend on third-party users to provide computing power. The company provides the resources itself.

Why Invest In DeepBrain Chain?

DeepBrain Chain is one of the most developed blockchain technology-powered computational networks with nodes in over 10 countries. It also has partnerships with major brands like Huawei and crypto projects like Polygon to deliver computational index and query data resources to the masses.

Risks In Investing In DeepBrain Chain

DeepBrain chain is not completely decentralized even though it integrates blockchain technology into its service offerings. The infrastructure that provides the computation resources are maintained by the company.

If anything were to happen to the underlying company or infrastructure which are centralized, the service would be compromised and the token rendered worthless.

DeepBrain Chain features a token called DBC which is used to pay for resources.

You can buy DBC on exchanges like Coinbase.

What is an AI Crypto?

An AI cryptocurrency is one that uses artificial intelligence to enhance its operations or offer a service. It also includes projects that allow developers to create and run AI models, like Render which provides computational power needed to run AI models.

In truth, a significant number of projects that purportedly use AI, do not. Many of them are gimmicks that latch onto AI crypto projects as a trend to attract users. A good example are most meme coin AI crypto projects that have AI attached to their names.

How Do You Store AI Cryptocurrencies?

AI cryptocurrencies can be stored the same way all other cryptos are stored, on a software crypto wallet, on a hardware wallet, or on a crypto exchange.

A software crypto wallet can be downloaded on a phone as an app or on a laptop either as an application or a browser extension. A good example of a software crypto wallet is MetaMask.

A hardware wallet, also called a cold wallet, is a device that stores your private keys offline, making it harder to hack. It is currently the safest storage type. A good example is the Ledger Nano S.

Crypto exchanges usually store users’ crypto on account wallets. They are easy to operate and access. However, you are not in possession of the private keys and a black swan event like legislative action or bankruptcy could result in a freeze or loss of funds.

Are AI Cryptos Safe? 

The safety of AI cryptocurrency depends on their function and the storage solution you choose in your portfolio management. Cryptos that have a clear function that is needed, an active user base, and no active legislative cases tend to fare better than those without these qualities.

However, longevity depends on the crypto’s utility.

How Do AI Crypto Coins Work?

There is no specific way in which AI crypto coins work that is vastly different from coins of other categories. The ultimate factor is the project’s function and how the coin interacts with the ecosystem.

Some AI coins are used to pay for services, like with the Render network. Some are used to signify membership and exert ownership, like Alt Signals. While some are yield bearing, like ArbDoge AI.

What are AI Cryptos Used for?

AI coins are mostly used to access blockchain data networks or dApps that use AI in their services offerings or to complete tasks. How the crypto is used depends on the ecosystem design and while we’ll list the possible functions of AI cryptos, they should not be misconstrued as the functions of the networks themselves.

Payment For Services

AII cryptos are used to access services that are AI-powered or used to support AI-related products. A good example is Render which provides the computational power to run AI models.

Governance

AI coins also serve as ownership tokens in projects and grant its holders the right to vote on the crypto project proposals.

Yield Generation

Some AI cryptocurrencies accrue yield for its holders. However, this is not a result of them being AI tokens, but being able to generate profit through various means that utilize AI and then distributing the profits to holders. A good example is Shiba Memu.

How Does Cryptocurrency and AI Overlap?

Smart Contract Code Audits

Using the power of artificial intelligence, developers of AI crypto projects can carry out detailed smart contracts audits, doing its own research to spot weaknesses and loopholes that humans easily miss. Smart contracts audits can also be automated and made much faster with ever-increasing efficiency as the models of AI crypt projects learn and adapt.

Enhanced Trading Strategies

Platforms and crypto projects like Alt Signals use AI to create and run automated trading strategies that allow humans to keep up in the ever-running crypto market. These AI crypto projects models can detect slight market changes as they are happening and react with their AI technologies superhuman speed, increasing profitability in the long run.

Automated Marketing Strategies

Platforms like Shiba Memu use AI to analyze market trends and data, develop innovative marketing strategies, write press releases and blog pages, and execute them in real-time. The AI continually works to improve its strategies to maintain the profitability of its AI cryptocurrency.

Is AI Crypto a Good Investment?

AI cryptos can be a good investment provided the services, networks, and platforms they support are successful. Before buying any AI crypto coin, ensure you understand what the platform does. Luckily, you do not need to understand technical AI jargon for the crypto projects beforehand.

A good question to ask is if you would use the platform of the AI crypto projects. However, you must adopt the persona of its intended users. Not all platforms serve AI services for everyone. For example, crypto projects like Render have no utility for the average trader while Alt Signals is not useful for an animator.

How to Buy the Best AI Cryptocurrencies

This guide shows you how to buy the best AI cryptocurrencies on an exchange like eToro.

1. Open an Account

Navigate to eToro on your computer and click on the Start Investing icon. You can also download the app from the Play store or App store. Fill out the form with your full name, email address, and password.

2. Verify Your Account

Set up your profile and submit KYC documents like a valid government ID and proof of residency like a utility bill.

3. Deposit Funds

Once your account has been verified, deposit funds by using any of the available payment methods. Choose a convenient method and set the amount you’d like to deposit.

4. Buy a Fast Growing Crypto

Once your account is funded, search for any of the cryptos mentioned in the Discover tab (or anyone you like). An interface like the one below should load. You can then set your parameters and buy.

Where to Buy New AI Cryptocurrencies

To get your hands on new AI cryptos like Shiba Memu that are still in presale, you’ll have to purchase them directly on their websites using a crypto wallet. We created a guide to help you do that.

Step 1: Download A Wallet

We used the MetaMask wallet for this guide. Download the wallet app on your phone or use the web platform via a browser extension on your laptop. Create a new wallet. Ensure you keep your seed phrase safe and offline.

Step 2: Buy Some Crypto

You can buy SHMU on both Ethereum and BSC networks. To save on gas, you may want to use the BSC network. You’ll need BNB to buy new SHMU tokens. Buy some on an exchange like eToro and transfer to your wallet, or use a fiat onramp on the wallet app.

Step 3: Connect Wallet

Navigate to Shiba Memu’s website and connect your wallet to join the presale. You can do this from the in-built browser on the mobile app. Buy SHMU tokens using BNB. Ensure you have enough to pay for gas fees.

Step 4: Wait To Claim

You’ll need to wait until the presale is over to claim your tokens.

The Latest AI Crypto Project News

  • AI tokens like SingularityNET and Ocean Protocol skyrocket following Microsoft’s $10 billion investment in OpenAI.
  • Altered State Machine and FIFA team up to develop an AI powered football management game for mobile called AI League.
  • iExec RLC launches new tools that allow brands and developers launch marketing campaigns while protecting user data.

Final Thoughts On The Best AI Crypto To Buy

We explored the best AI cryptos to buy and chose Shiba Memu as our top choice because of its potential to use AI to disrupt the marketing space and generate returns for its holders. The token, SHMU, is also in presale and is therefore cheap.

Nonetheless, all the other projects on our list are great options for investors looking to tap into the earning potential of the Web3 AI space or for companies looking to leverage cheap, decentralized AI technologies.

Whichever camp you belong to, you can invest in cryptos using a broker or exchange like eToro.

Methodology - How We Picked The Best AI Crypto

The projects covered in this guide were chosen through rigorous research and reviews. We paid attention to security, transparency, reputation, tokenomics, competitive edge, and long term prospects.

The tokens listed are the best we found in the various categories we listed them. For example, we listed SingularityNET as the best AI Marketplace because it allows anyone to develop and trade AI models in a decentralized manner.

Check out our why trust us and how we test pages for more information on our testing process.

What Is The Best AI Cryptocurrency?

What is the best AI cryptocurrency?
The best AI cryptocurrency on our list is Shibe Memu because of its innovative marketing platform.
What is the role of AI in crypto?
The role of AI is to automate and enhance existing processes as well as create new opportunities. How projects decide to utilise AI is up to them.
What is an AI Token?
An AI crypto is one that uses artificial intelligence to enhance its operations or offer a service. It also includes projects that allow developers to create and run AI models, like Render which provides computational power needed to run AI models.
What is the AI coin that will explode?
There is no guaranteed way of knowing which AI token will explode. The best we (or anyone really) can do is list the most innovative projects on the market, which we have done.
Is AI Crypto a good investment?
AI cryptos can be a good investment provided the services, networks, and platforms they support are successful.