OpenAI’s GPT-4 Launch Fuels Unprecedented Rise in AI-Centric Crypto Assets

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An amazing new technology called GPT-4 has been released by OpenAI, and it’s related to artificial intelligence. As a result of this, four out of the top five artificial intelligence digital currencies have risen in value over the last seven days. Specifically, AGIX tokens from Singularitynet have gone up 25.63% in just 24 hours.

AI Crypto Booming

On March 14, 2023, Openai made a big step in artificial intelligence (AI) and deep learning. At this time, they revealed a product called “GPT-4”, or Chat GPT-4. On Tuesday, Openai noted that this new product can take images and text as inputs and then output answers in text form – making it a true milestone!

GPT-4 is more advanced compared to the previous GPT-3.5 version. Recently, it showed its power by being able to find mistakes and weaknesses in an Ethereum smart contract.

Coinbase Director Conor Grogan said on Tuesday that he put a live Ethereum contract into something called GPT-4. Right away, it showed multiple problems with security and found out parts of the contract that could be taken advantage of. Then, it gave an exact way to benefit from the contract.

Last year, people figured out how to use the smart contract and Openai’s GPT-4 could understand how these exploitations were done. Cryptocurrency tokens that are related to AI are becoming more and more popular because of the growing excitement around GPT-4. The five most successful AI-related crypto assets with the highest market caps on March 15th, 2023 are names you should know.

Right now, there are 74 digital coins related to AI (artificial intelligence) which are worth a total of $3.9 billion. Out of the 10 best AI coins, 9 of them went up in value between 0.6% and 25.63% over the past day.

Recently, the prices of four tokens—Singularitynet (AGIX), Graph (GRT), Fetch.ai (FET) and Ocean Protocol (OCEAN)—have increased significantly! Singularitynet jumped 25.63% in one day and 28.97% over the course of the last month. Graph rose 3.63% during the past 24 hours alone, while its seven-day increase stands at 11.92%. For Fetch.ai, it’s 9.98% and 10.17%, respectively; and for Ocean Protocol: 9.35% for today’s period and 17.39% for its 7-day figure.

Iexec rlc (RLC) has been the only cryptocurrency related to AI that has dropped in value this week. It’s down 20.92% against the dollar so far this month. However, four other crypto coins which are related to AI have increased – GRT, AGIX, FET and OCEAN – each of which is up double-digits in the last seven days.

Some cryptocurrencies related to artificial intelligence have had a good week, like Cortex and SingularityDAO. They increased 24.96% and 18.54%, respectively. However, there’s been one big loser – Alethea liquid intelligence dropped 8.63%.

What are your thoughts about the impact of AI on the crypto market? Let us know in the comments section!