SINGAPORE – Media OutReach – November 7, 2023 – BingX, a leading cryptocurrency copy exchange platform, has released an insightful guide highlighting the top AI cryptocurrency tokens expected to see significant growth for the remainder of the fourth quarter of 2023. This guide follows that of Arthur Hayes. speech at the Token 2049 conference in Singapore, where he predicted that the merger of AI and cryptocurrency would catalyze a major bull market in 2024.
The guide explores the rise of AI tokens, which saw a 39% increase after Hayes’ speech, and highlights the critical need for decentralized computing power and storage in the AI sector . This need arises from AI’s heavy reliance on large amounts of data storage and computing power, which, if centralized, could lead to exorbitant infrastructure costs and technology silos.
Highlight the potential of projects like Render Network, Akash Network and
Ask, the BingX guide offers an in-depth analysis of the decentralized solutions offered by these tokens. Render Network, known for its decentralized GPU computing power rental services,
Rendering Network Pricing saw a 100% increase after October due to the growing demand for AI. Akash Network, offering decentralized cloud services, has expanded to include GPU computing power services tailored to AI needs.
Akash Network Price has experienced a 5-fold increase since the launch of ChatGPT which shook the world of AI. Bittensor, compared to a decentralized version of ChatGPT, allows users to contribute computing power to run AI models, making the network more efficient.
BingX’s guide is a valuable resource for investors looking to understand the AI cryptocurrency landscape and their role in the expected bull market. This underscores the unstoppable trend toward decentralization of storage, computing power and AI applications, which is expected to continue through 2024 and beyond.
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