Big data and artificial intelligence (AI) tokens are experiencing a surge in popularity as investors turn their attention to altcoins in the current bullish market climate. According to data from CoinMarketCap (CMC), the top five gainers among the top 100 cryptocurrencies are all from the big data and AI category, showing double-digit growth.

Top 5 Gainers in 24 Hours – March 7

Leading the pack is Fetch.ai (FET), which has seen a remarkable 38.26% increase in the past 24 hours, currently trading at $2.74. With a market cap of $2.28 billion, it now ranks as the 50th largest digital currency.

Render (RNDR) is not far behind, with a 37% gain over the same period, trading at $10.04. Near Protocol’s native token, NEAR, has also seen a significant rise of 35.37% and is currently priced at $5.73.

SingularityNET (AGIX) secured the fourth spot on the list, experiencing a 25.91% surge in the past day and trading at $1.15. Akash Network’s native token, AKT, also saw a notable increase of 17.22% over 24 hours, now priced at $5.26 with a total market cap of $1.2 billion.

The rise in AI tokens’ prices coincides with a broader trend of investors shifting their focus to altcoins. The total market cap of big data and AI cryptocurrencies has increased by 15.5%, totaling $37.36 billion. In contrast, the global crypto market cap saw a more modest 0.6% increase, reaching $2.5 trillion, according to CMC data.

Despite this surge, Bitcoin’s dominance has slightly decreased from 50.1% to 49.7% in the past day. This indicates that investors are diversifying their portfolios and showing increased interest in alternative digital assets beyond Bitcoin.

If you’re interested in staying up to date with the latest cryptocurrency trends and news, make sure to explore more articles on Global Crypto News.

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