After investment by Microsoft, this is the Top 10 AI Crypto

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Microsoft has made a big bet on a nascent sector, artificial intelligence (AI), which could shape the future of crypto technology and industry for years to come. The latter sector seems set to profit from the emerging trend and the billions invested in its products and services.

Today, Microsoft confirmed plans to invest millions of dollars in capital into Open AI, the company behind the popular ChatGPT program, Dalle-E and others. Thus, the company has taken the first step in a technology race that is expected to intensify in 2023.

Microsofts Bet Predicts a New Trend in Crypto?

In the crypto industry, several projects are trying to leverage blockchain, big data, and artificial intelligence to provide new solutions. A study by Trading Browser revealed which projects attract the most attention from users.

These projects are the ones that will benefit from a future bull run. With a rising Bitcoin price and a multi-billion dollar investment from Microsoft that will attract other giants, such as Google and Facebook, crypto-AI is a potential sector to watch over the course of the year.

According to the report, 10 cryptocurrencies are attracting the attention of users. The first of these projects is The Graph, a Coinbase-backed project that functions as an indexing protocol for querying networks such as Ethereum and IPFS.

This project has seen over 8,100 global monthly searches on Google and will likely see a further increase in the metric as AI becomes a bigger trend. The Graph has partnered with the Ethereum second layer solution, Optimism, and the Ethereum Virtual Machine (EVM) project Celo.

Adding to its search volume, the native token of GRT Projects has seen a 52% rally in the past 30 days and a 27% rally in the past two weeks. Most of these gains are moving in tandem with Microsoft’s investments and ChatGPT’s surge in popularity.

GRT price in rally since early 2023 on the 4-hour chart. Source: GRTUSDT Tradingview

In addition to The Graph, Aion (AION) and Fetch.ai saw an increase in search volume. These projects recorded approximately 8,000 monthly searches. The metric has also increased over the past 30 days, coinciding with Microsoft showing public interest in the industry, as seen in the chart below.

Fetch.ai monthly search volume. Source: Google via Tradingbrowser

During this period, AION saw bullish action similar to that of GRT. The token records a profit of 25% in 30 days. Fetch.ai’s native token, FET, registers a 216% increase this month alone, showing the strength of this trend and its potential to continue its rally as the crypto emerges from a prolonged winter.

Other AI tokens to watch in 2023

The report also rated Cortex, Covalent, Measurable Data Token, PARSIQ, Pawtocol, Xmon, and Cindicator due to their global search volume on Google. In addition to these projects, Singularity Network is attracting attention from crypto communities.

This AI ecosystem and market wants to decentralize this technology. Founded by Ben Goertzel, the project has partnered with IOG, the company behind Cardano, Hanson Robotics, Swae, TODA and other AI-based projects to democratize the industry and bring more power to its users.

Whether this trend will become the next non-fungible token (NFT) or decentralized finance (DeFi) bull cycles remains to be seen. Both of these sectors have entered the mainstream and captured billions from its investors in a short time.

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