Artificial intelligence-based cryptocurrencies were trading lower early Thursday, coinciding with AI powerhouse Nvidia Corp.’s (NASDAQ:NVDA) post-earnings decline.
The Gainers And Losers
TAO, the native token of the decentralized AI platform Bittensor, slipped 0.9% in the last 24 hours. Bittensor is an open-source system that uses blockchain technology to build a decentralized machine learning network.
Similarly, NEAR, underpinning the Near Protocol, was down 0.8%. Near Protocol is a Layer-1 blockchain that supports the development of AI-native applications.
These are two of the largest cryptocurrencies in the AI sphere, with a market capitalization of over $3 trillion.
Internet Computer’s ICP token likewise dropped 0.7% over the last 24 hours. …Full story available on Benzinga.com
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