BullBear AI

Worldcoin

ArbDoge AI

KiboShib

Following the remarkable surge of AI tokens like Worldcoin and SingularityNET, AI-based meme coins also see a bullish market, with double-digit gains.&nbsp; 
<a href="https://www.coingecko.com/en/coins/corgiai" target="_blank" rel="noopener">CorgiAI</a>, the most popular AI-based meme token, surged nearly 30% this week. The surge saw CorgiAI take over <a href="https://crypto.news/price/pepe/">PEPE</a> in market cap and become the fourth-largest meme coin in the market.&nbsp; 
ArbDoge AI token, or <a href="https://www.coingecko.com/en/coins/arbdoge-ai" target="_blank" rel="noopener">AIDOGE</a>, has reached double-digit gains, at over 15% for the week. Although the AI meme coin market is relatively new, AIDOGE is a well-known community-owned asset within the Arbitrum community. BullBear AI (<a href="https://www.coingecko.com/en/coins/bullbear-ai" target="_blank" rel="noopener">AIBB</a>), a project that predicts bull and bear markets through user price action and behavior analytics, also gained nearly 35% this week.&nbsp; 
 You might also like: <a href="https://crypto.news/grayscale-ethereum-dencun-price/"> Grayscale: Ethereum’s Dencun upgrade driving price upward </a> 
Most notably, <a href="https://www.coingecko.com/en/coins/kiboshib" target="_blank" rel="noopener">KiboShib</a>, the first AI-generated meme coin, surged by 220% in a week and more than 540% in the past 14 days. KiboShib is a product of the fusion between two popular meme coins, Dogecoin and Shiba Inu. This project was initiated in December 2022, showcasing the potential of AI in generating cryptocurrencies that resonate with the community.&nbsp; 
<figure class="wp-block-image size-full is-resized">
 <img decoding="async" width="430" height="532" src="https://crypto.news/app/uploads/2024/02/Screenshot-2024-02-23-200449.png" alt="KiboShib" class="wp-image-14252109" style="width: 100%;height:auto">
 <figcaption class="wp-element-caption">
 KIBSHI market data | Source: CoinMarketCap
 </figcaption>
</figure> 
The recent surge in <a href="https://crypto.news/ai-token-surges-coins-gains/">AI-based cryptocurrencies</a> has been largely attributed to OpenAI’s announcement of <a href="https://openai.com/sora" target="_blank" rel="noopener">Sora</a>, a text-to-video generator. Sora’s introduction reflected a wider interest in generative AI development, driving speculations that tokens tied to AI could potentially disrupt the crypto industry in the coming years.&nbsp; 
 Read more: <a href="https://crypto.news/uniswap-governance-upgrade-proposal/"> Uniswap surges to a two-year high after governance upgrade proposal </a>

AI-based meme coins rally following Worldcoin’s record weekly gains

crypto.news

Other articles published on Feb 23, 2024

Explore the Opportunities with Alpaca Finance on Binance Smart Chain

SEC seeks comments on Bitwise, Grayscale Bitcoin ETF options

Ondo Finance to Integrate USDY on Aptos Blockchain, Redefining DeFi

Reddit Reveals Bitcoin And Ether Holdings In IPO Filing

Windows 11 Introduces AI-Powered “Generative Eraser” for Photo Editing

Siacoin (SC) spikes to 2-year high amid boost in investor confidence

Join our free newsletter for daily crypto updates!