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Leading AI-powered cryptocurrency When it was called Fetch, it was actually the Artificial Superintelligence Alliance (FET).AI and SingularityNET (AGIX) are two of the top 200 performing cryptocurrencies, and AI-related cryptocurrencies have surpassed all others in terms of gain.
AI Crypto Market Gains Momentum
People are quite excited about the AI features that will be included in the forthcoming Apple devices, so this breakthrough comes at a good time.
As of right now, September 10, 2024, there is no doubt that AI cryptocurrencies are the market leaders among altcoins. According to data compiled by CoinGecko, the two biggest cryptocurrencies in the area, Artificial Superintelligence Alliance (FET) and SingularityNET (AGIX), each saw an increase of 11.6%.
The AI Agents category outperformed all others on CoinGecko with a 15% increase overnight, while AI Cryptos overall came in second.
Apple to Introduce AI-Powered Tools
According to U.Today, the spectacular unveiling of Apple Intelligence—a suite of AI capabilities that will be available on the brand-new iPhone 16—is likely responsible for the rise in interest in artificial intelligence coins.
Using artificial intelligence (AI), Apple will launch its own version of ChatGPT and other popular image editors, as revealed in the most recent presentation. You can use them to examine messages and remove things from iPhone images, for example. Users of the iPhone will also be able to modify emails and make their own photographs using AI, thanks to the new features.
These features, which were introduced yesterday, will be available in the United States English version of iOS 18.1, iPadOS 18.1 and macOS Sequoia 15.1 next month.
Apple Sets Sights on AI Industry Rivals
Thus, Apple positions itself as a formidable rival to OpenAI, Google, Microsoft, and XAI in the field of artificial intelligence.
Considering that the whole market cap of cryptocurrencies only increased by 2% and that Bitcoin (BTC) alone increased by 3%, this rise appears to be the driving force for today's weak crypto market.
