- AI coins have been among the best performers in the crypto industry.
- Worldcoin and Venice Token have jumped by double digits in the last 24 hours.
- The surge is happening amid the ongoing artificial intelligence boom.
Top AI coins in the crypto industry are in a strong bull run and constantly beating popular cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Worldcoin (WLD) price jumped by over 15% in the last 24 hours, while Venice Token (VVV) soared by 16%. Other popular AI crypto tokens like Humanity, Akash Network, and FET have soared.
AI Coins are Soaring Ahead of SpaceX, OpenAI, and Anthropic IPOs
Top AI cryptocurrencies have been in a strong rally this year. Venice Token has soared by over 1,500% from its lowest point this year. Worldcoin price has jumped by 15% from the year-to-date low. Akash Network (AKT) has roared back by over 210%, while the FET token has jumped by 105%.
The tokens have jumped because of the ongoing AI boom and the upcoming major IPOs that will reshape the industry. SpaceX is set to go public in June, valuing it at over $1.78 trillion, a notable thing as the company owns xAI.
The next major company to go public will be OpenAI, which will value it at over $1 trillion. Anthropic, another top AI company, will likely go public this year, and some traders on Polymarket believe that it may fetch a $2 trillion valuation.
READ MORE: Stellar Crypto Price Gets Overbought: Time to Sell XLM After the DTCC deal?
Worldcoin May Benefit From the OpenAI Growth
WLD token is rising because of its affiliation with OpenAI. Worldcoin was started by Sam Altman, OpenAI’s CEO, raising the possibility that it will one day be used in the platform. This is notable as ChatGPT is used by over 400 million people a week.
Worldcoin has already been embraced by some of the biggest companies in the world. It recently announced new partnerships with companies like Shopify, Okta, Tinder, and Zoom Video. World will likely continue doing well in the new era of AI agents as companies will need to verify humans in their platforms.
Venice Token Growth is Continuing, Leading to More Token Burns
The VVV token price has jumped because of the ongoing usage for Venice AI, a fast-growing AI platform. SimilarWeb data shows that the Venice website is now attracting nearly 10 million visitors per month.
More data shows that Venice is now burning thousands of tokes a month. It burned 17.8k VVV tokens worth over $235k in May and has already incinerated 42% of the supply. Token burns are usually bullish because they reduce the number of tokens in circulation, boosting the tokenomics.
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