AI Token Outperforms Bitcoin, Ethereum With 45% Surge After OpenAI Launches GPT-4
Artificial Intelligence (AI) based tokens are surging on the news of OpenAI's announcement of the GPT-4 on Tuesday, the fourth generation of OpenAI's large-scale language model.
What Happened: SingularityNET, a platform that enables users to create AI services, saw its token AGIX (CRYPTO: AGIX) surge 45% over the last 24 hours, trading at $0.55.
AGIX is outperforming both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) gains.
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Fetch.AI, a peer-to-peer automation network, has seen its native token FET (CRYPTO: FET) jump 19% in the last 24 hours – trading at $0.46.
Render Token (CRYPTO: RNDR) and The Graph (CRYPTO: GRT) have also posted strong gains of 11.52% and 8.78% respectively.
Price Action: At the time of writing, BTC was trading at $24,879, up 1.79%. ETH was trading at $1,707, up 1.45% in the last 24 hours, according to Benzinga Pro.