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AI Cryptos Rallying Amid Anemic Market Today: One Possible Reason

The major AI cryptocurrencies, Artificial Superintelligence Alliance (FET) and SingularityNET (AGIX), are among the best performing cryptos in the top 200, with both adding 11.6% each. This surge in interest in AI coins is attributed to the excitement surrounding the integration of AI features in the next generation of Apple products. Apple has announced its own AI-powered functions, such as equivalents of ChatGPT and mainstream image editors, which will be available on the new iPhone 16. This has positioned Apple as a competitor for OpenAI, Google, Microsoft, and XAI in the field of AI. This surge in interest in AI coins has provided a boost to the currently anemic crypto market.

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