Only a few days remain, and with its busy agenda and high volatility, we are now coming to the end of 2023. In days, cryptocurrencies will enter 2024, and we will see rallies of other cryptocurrencies in the new year. Even this year, many altcoins have appreciated more than 20 times, and expectations for 2024 are much bigger.
Artificial Intelligence Altcoins in 2024
Crypto pioneers like Arthur Hayes believe that decentralization is necessary for the development of artificial intelligence. On the other hand, many altcoins related to artificial intelligence have experienced impressive growth this year. Nansen analyst Sandra Leow had this to say;
“Both artificial intelligence and crypto are maturing rapidly. Although the potential of artificial intelligence and blockchain integration remains largely uncertain today, the new use cases and possibilities provided by both technologies are immense.”
Especially these days, even though the excitement has waned, the integration of cryptocurrencies with artificial intelligence-supported augmented reality initiatives in the metaverse could be a big event of the future. We are still in the very early stages of the new internet era, and even the first artificial intelligence products are enough to keep investors awake with excitement. So, which altcoins could grow exponentially next year?
Worldcoin (WLD)
It does not have a direct connection with artificial intelligence, but it can grow simultaneously with artificial intelligence for two reasons. The first reason is that it was founded by Sam Altman, the indomitable CEO of the largest artificial intelligence company, OpenAI. And Sam still strongly supports the altcoin, which increases its popularity. Of course, demand is also increasing exponentially.
On the other hand, Sam Altman talked about how important the detection of real humans is in the era of artificial intelligence. As a solution, he presented the Worldcoin initiative. So what do we understand from this? Investors who have never looked at it from this perspective now know how WLD Coin can be associated with artificial intelligence. The steps to be taken in this regard next year could lead to significant price rallies.
However, regulatory pressure and privacy concerns are the biggest problems for WLD Coin.
Autonolas (OLAS)
OLAS is the utility token of the Autonolas network. Nansen analysts say that OLAS is seeing increased demand from smart money, i.e., senior investors. On November 1, 2023, 14 professional investors held 939,000 tokens, while today the number has risen to 35 wallets and 1.87 million tokens.
Remember how PEPE Coin and others shone in the middle of the year with Lookonchain’s “here’s where the smart money is going” posts. If the trend continues, we could see this for OLAS next year.
Fetch AI (FET)
If we asked 100 people to recommend an artificial intelligence altcoin this year, we would probably see FET Coin on everyone’s list. It is one of the fastest-growing cryptocurrencies in this field and has sustained demand throughout the year. According to Nansen analysts, along with Autonolas, FET Coin was the second major artificial intelligence altcoin that saw an increase in smart money.
Like Autonolas, Fetch also provides AI agents. AI agents help users find services that suit their needs.
