Major AI cryptocurrencies Artificial Superintelligence Alliance (FET) – previously known as Fetch.AI and SingularityNET (AGIX) are among the best performing cryptos in the top 200, while AI cryptos became the top gainer category. This significant development coincides with the growing anticipation surrounding the integration of AI capabilities in the upcoming generation of Apple products.
Today, on September 10, 2024, AI cryptocurrencies have emerged as the frontrunners in the altcoin market. Artificial Superintelligence Alliance (FET) and SingularityNET (AGIX), the leading players in the AI segment, have each demonstrated an impressive 11.6% increase, as reported by CoinGecko.
The AI Agents category experienced a remarkable 15% surge overnight, establishing itself as the top performing sector on CoinGecko, closely followed by the overall AI Cryptos sector.
The surge in interest in AI coins can largely be attributed to the highly anticipated unveiling of Apple Intelligence, a suite of AI features that will be accessible on the upcoming iPhone 16.
During the recent unveiling, Apple disclosed its plans to introduce AI-powered equivalents of popular tools like ChatGPT and mainstream image editors. These features will enable users to perform tasks such as text verification and object removal from photos captured on an iPhone. Additionally, users will have the ability to edit emails and generate AI-created images using these new functionalities.
The new AI features are scheduled to launch next month, initially available only in U.S. English on iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1. This strategic move positions Apple as a formidable competitor to industry giants like OpenAI, Google, Microsoft, and XAI in the field of AI technology.
This surge in interest serves as a much-needed boost for the currently lackluster crypto market, with the overall market capitalization seeing a modest 2% increase, while Bitcoin (BTC) saw a 3% uptick in value. The evolving landscape of AI technology within the crypto industry presents new opportunities for growth and innovation.
