AI-focused cryptocurrencies are in the spotlight as Meta Platforms invested $14.3 billion in Scale AI, valuing it at $29 billion. This makes it one of the biggest investments in the fast-growing AI industry.
The investment means that the AI bubble is not dead, as some investors have been warning. Most notably, it could help boost some cryptocurrencies. This article looks at some of the best cryptos to buy that could benefit from this deal.
Artificial Superintelligence Alliance (FET)
Artificial Superintelligence Alliance is one of the best AI crypto to buy as demand in the AI industry rises. The company was formed from the merger of Ocean Protocol, Fetch AI, and SingularityNET.
It offers some of the most diverse products in the industry, including Agentverse, a sandbox for autonomous agents, ASI Compute, a decentralized, scalable compute layer that connects high-performance distributed infrastructure with AI inference, and FOAM.
FOAM organizes data challenge competitions, providing scientists with access to real-world data sets.
While the FET price has dropped after the alliance’s creation, there is a likelihood that it will bounce back over time because of its strong fundamentals.
Bittensor (TAO)
Bittensor is another top AI crypto to buy and hold following Meta Platform’s investment in Scale AI. It is a platform that creates a peer-to-peer marketplace for AI and machine learning models.
Bittensor allows participants to create, share, train, and monetize AI models. It creates a win-win situation for AI developers and other industry participants.
One of the primary reasons for investing in TAO is that it offers one of the highest staking yields in the cryptocurrency industry. Data shows that it has a staking yield of over 16%, meaning that a $10,000 investment will yield over $1,600 annually in staking rewards. This staking reward helps to offset the TAO price dip.
Bitcoin Pepe (BPEP)
Bitcoin Pepe is another top crypto to buy for long-term gains. Unlike FET and TAO, it is not involved in the artificial intelligence (AI) industry. Instead, it is a blockchain network building the first meme coin-focused layer 2 network for the cryptocurrency industry.
The idea behind Bitcoin Pepe is likely inspired by other developers who have built layer-2 solutions for Bitcoin, like Core and Stacks.
It is also inspired by other companies that have developed Bitcoin staking solutions, such as Solv Protocol and Lombard Finance. These solutions have become highly popular, demonstrating a demand for Bitcoin solutions.
Bitcoin Pepe’s most unique feature is that it focuses on the meme coin industry, which has become highly popular this year. For example, top meme coins like Official Trump, Fartcoin, and Dogwifhat have attained a valuation of $1 billion and above.
Bitcoin Pepe’s platform will enable users to launch meme coins that leverage Bitcoin’s performance and security. This explains why it has already raised $14.2 million in the past few months. Users have also invested in it due to its staking feature, which offers up to 10,000 staking rewards.
The token sale is about to wind up, and the developers will announce the official listing date soon. They will likely announce the initial listing exchanges that their holders will use. Hurry up and buy Bitcoin Pepe here.
