The expansion of AI platforms boosts certain tokens. Among the AI tokens with the lowest capitalization, there are some with more than 300% weekly rise.
Two cryptocurrencies related to artificial intelligence (AI), Bittensor (TAO) and Render (RNDR) They are among those leading the weekly rise.
TAO went from US$141 to US$269 in seven days, which represents an increase of 90%. In the last seven days, RNDR quote increased 51%. The price of the asset a week ago was US$1.95 and currently it is US$3.6.
What is Bittensor (TAO)? Bittensor is an open source protocol that powers a decentralized machine learning network based on blockchain technology.
The platform facilitates free access and ownership, decentralized governance and incentivized collaboration, providing a novel and optimized strategy for the development and distribution of AI technology.
On the other hand, RNDR Token is a cryptocurrency designed specifically for rendering in the digital art industry.
Artists and rendering service providers can purchase RNDR Tokens and use them as payment on the Render Network platform. This eliminates the need for complicated and opaque transactions, allowing for an efficient and transparent payment system.
Source: Ambito
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