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AI-Powered Cryptos Surge as Injective and Bittensor Lead Market Engagement

AI-Powered Cryptos Surge as Injective and Bittensor Lead Market Engagement
The report by Phoenix Group highlights the popularity of cryptocurrencies backed by artificial intelligence (AI) in the market. Among the AI projects, Injective ($INJ) had the highest level of engagement with 8.1K engaging posts and 1.3 million interactions in a single day. Bittensor ($TAO) also garnered significant engagement with 6.4K engaged posts and around 1.4 million interactions. Other AI projects like Fetch.ai ($FET), Render Network ($RENDER), Arcblock ($ARC), Verasity ($VRA), Near Protocol ($NEAR), Oasis Network ($ROSE), Qubic ($QUBIC), and AIXBT also received notable attention and interactions. The integration of AI solutions into blockchain-based projects has led to increased automation and the potential for further development in the blockchain industry.

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