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AI Crypto Boom: NEAR, Bittensor, Render Lead Market Cap Rankings

Coin WorldSunday, Feb 23, 2025 8:51 am ET
1min read

The AI crypto sector has witnessed a significant boom, with NEAR Protocol, Bittensor (TAO), and Render (RNDR) leading the market capitalization rankings. Despite recent price fluctuations, these projects have maintained their positions as top contenders in the rapidly growing sector.

NEAR Protocol currently leads the AI crypto sector with a market capitalization of $4.12 billion. Although NEAR has experienced a 50% loss over the past three months, it has managed to maintain a weekly gain of 1.09%. NEAR is trading at $3.46, down 2.1% over the past day.

Bittensor (TAO) ranks second with a market capitalization of $3.69 billion. TAO has shown strong performance, with a 19% weekly gain and a 1.45% gain over the past 24 hours. Unlike NEAR, TAO has only dipped by 20% in the last three months, demonstrating more stable price performance.

Render (RNDR) holds a market capitalization of $2.2 billion but has faced price struggles in recent months. RNDR has dropped by 40% in the past month and 50% over the last three months, with its current price at $4.24.

Other significant AI-related tokens include Fetch.ai (FET), Injective (INJ), Theta Network (THETA), The Graph (GRT), Virtual Protocol, AIOZ Network, and OriginTrail (TRAC), which round out the top 10 in market capitalization.

The rapid expansion of the AI crypto sector reflects growing investor interest in blockchain-powered AI applications. Projects like Bittensor and Render are pioneering decentralized AI model marketplaces and distributed GPU rendering for AI and visual computing, respectively. As institutional and retail attention on AI and blockchain convergence increases, the sector's continued evolution could lead to further shifts in dominance among these projects.

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Bitter_Face8790
02/23
Render's struggles make it a diamond in the rough. RNDR's tech is fire, just needs a spark. 🚀
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Wonderful_Touch5652
02/23
AI crypto boom got me 🤔. NEAR's dip ain't scary, just a nap before it mugs rivals. Long-term hold, anyone?
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bmrhampton
02/23
@Wonderful_Touch5652 How long you planning to hold NEAR? Thinking 'bout a similar strategy, but curious about your timeline.
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alpha_mu
02/23
Render's RNDR needs to turn around, holding tight.
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NoAd7400
02/23
AI crypto boom ain't slowing down anytime soon.
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goldeneye700
02/23
@NoAd7400 Think AI crypto will moon?
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Excellent_Chest_5896
02/23
Bittensor pumping like $TSLA levels. TAO's growth makes it a serious player. Time to load up or nah?
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Sugamaballz69
02/23
AI crypto boom got me thinking: will $NEAR outpace $TSLA in innovation? 🤔
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CardiologistEasy4031
02/23
Bittensor's TAO is my top pick right now.
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destroyman26
02/23
@CardiologistEasy4031 How long you planning to hold TAO? You thinking short-term flip or long-term stack?
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QuantumQuicksilver
02/23
NEAR's stability amazes, despite the dip this week.
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