AI coins are booming in the crypto industry, with Bittensor (TAO) market cap exceeding $4.5 billion

According to CryptoPotato, AI coins are gaining more and more attention in the crypto industry and the NVIDIA Artificial Intelligence (AI) conference is underway. Bittensor (TAO) leads the AI token market with a market capitalization of over $4.5 billion. Render (RNDR) and Fetch.ai (FET) are also high-performing assets, rapidly growing in value and demonstrating the potential of AI in blockchain technology. This week, global GPU manufacturer NVIDIA is hosting a conference specifically focused on AI in San Jose, California. NVIDIA is the third largest company in the world by market capitalization, with a market capitalization of US$2.19 trillion. Much of its growth is attributed to the rise of the artificial intelligence sector and protocols like OpenAI’s ChatGPT. Currently, the total market capitalization of this sub-sector of the crypto industry exceeds $25 billion, with Bittensor (TAO) being the top coin. Render (RNDR) follows closely behind, with market capitalization second only to TAO. Fetch.ai (FET) is the third largest token in the space with a market capitalization of approximately $2.6 billion and a price of $2.55.