Sodiq Ganiyu
Following the notable rise of AI tokens such as Worldcoin and SingularityNET, AI-themed meme coins are also experiencing a bullish trend, marked by substantial gains in double digits.
CorgiAI, the leading AI-based meme token, witnessed a surge of nearly 30% over the course of this week. This surge propelled CorgiAI to surpass PEPE in market capitalization, securing its position as the fourth-largest meme coin in the market.
ArbDoge AI token, known as AIDOGE, has also seen significant gains, with an increase of over 15% in value for the week. Despite the relative novelty of the AI meme coin market, AIDOGE has established itself as a prominent community-owned asset within the Arbitrum ecosystem.
BullBear AI (AIBB), a project specializing in predicting market trends based on user price action and behavioral analytics, experienced a notable increase of nearly 35% in value this week.
Perhaps most strikingly, KiboShib, hailed as the first AI-generated meme coin, surged by an astonishing 220% within a week and more than 540% over the past 14 days. KiboShib emerged from the fusion of two popular meme coins, Dogecoin and Shiba Inu, with its inception dating back to December 2022. This project exemplifies the potential of AI in creating cryptocurrencies that resonate strongly with the community.
The recent surge in AI-based cryptocurrencies is largely attributed to OpenAI’s unveiling of Sora, a text-to-video generator. The introduction of Sora has sparked heightened interest in generative AI development, leading to speculation that tokens linked to AI could disrupt the crypto industry in the foreseeable future.
Fidelity_Nasir
Ridwan Akinola
