The cryptocurrency market, particularly driven by artificial intelligence (AI) tokens, has witnessed a remarkable surge, reaching a total market value of $16.8 billion—a 22.3% increase in just 24 hours. CoinMarketCap reports that nine AI tokens now boast market capitalizations exceeding $1 billion, with three of these tokens categorized as AI Agents.
This growth is accompanied by heightened trading activity, with $2.3 billion in transactions recorded recently, indicating a rising investor confidence in AI-focused blockchain projects.
Leading the pack is Virtuals Protocol (VIRTUAL), which experienced a 22.5% increase, currently priced at $4.93 and holding a market cap of $4.9 billion with $805 million in trading volume. Other notable tokens include ai16z (A16Z), which rose by 25% to $2.42, and the Artificial Superintelligence Alliance (FET), which saw a 12% increase to $1.40.
Emerging AI tokens are also making headlines, with Cove Quant skyrocketing by 166% to $0.001913, nearing a $1.5 million market cap. ZARA AI experienced a 153% rise, trading at $0.0149, while Intellika AI (INTAI) surpassed the $1 million market cap with a 113.9% gain.
