Surge of AI tools like ChatGPT give rise to AI-based crypto tokens & NFTs - India Today

By Nidhi Bhardwaj: Artificial intelligence (AI)-related cryptocurrency tokens saw an increase in prices after OpenAI's ChatGPT was initially made available on 30 November last year, revealed a recent report from CoinGecko, a crypto analysis platform. After OpenAI debuted the premium version of ChatGPT on 11 January, the move rekindled the investor's interest in AI chatbots and led to a positive shift in the prices of AI tokens once more after ChatGPT's launch. Recent data from CoinGecko also showed that the AI tokens like SingularityDAO (SDAO) and Artificial Liquid Intelligence (ALI), have also experienced consistent rises over the past month. While comparing the prices of AI tokens from 13 February 2022 to 30 November 2023, an increase of value by 16 times was recorded. This surge was directly related to growing investors' interest in the AI narrative, the report highlighted.