AI and big data crypto projects rebound sharply, nearing all-time highs as investor confidence surges in the ongoing Bitcoin rally.
Artificial intelligence and big data tokens have seen their market capitalization soar by 131.4% since hitting their lowest point of the year on June 8, riding the momentum of Bitcoin’s ongoing bull run.
On Nov. 19, the total market capitalization of AI and big data crypto projects and tokens grew to $42.1 billion, led by Near Protocol (NEAR), Internet Computer (ICP) and Render (RENDER), according to data from Cointelegraph Markets Pro and CoinMarketCap.
Market capitalization and volume of AI and big data tokens, 30 days. Source: CoinMarketCap