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Top 3 AI tokens rally this week, OpenAI announcement likely driver of gains

  • Next to Protocol, Artificial Superintelligence Alliance and Internet Computer Protocol, the top 3 AI tokens by market capitalization, rose this week.
  • NEAR, FET and ICP have seen weekly gains between 1% and 19% since Monday, September 16.
  • OpenAI’s announcement of a new series of AI models is the likely driver of gains in AI tokens.

Near Protocol (NEAR), Artificial Superintelligence Alliance (FET), and Internet Computer Protocol (ICP) have seen week-to-date gains of 9%, 19%, and 1%, respectively. The rise of artificial intelligence (AI) tokens ranking in the top three assets by market capitalization is likely driven by OpenAI’s announcement of a new series of AI models called “o-1.”

Coingecko data shows that the AI ​​market cap has risen 7% in the past 24 hours to $25.91 billion at the time of writing.

NEAR, FET and ICP respond to OpenAI announcement

According to CoinGecko price data, NEAR, FET and ICP extended gains this week. The top 5 AI tokens ranked by market cap have posted gains over the past 24 hours and the past seven days, according to CoinGecko data.

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Top 5 AI Tokens by Market Cap

OpenAI has announced the release of a new series of large foreign language models trained with reinforcement learning. These models are expected to perform complex reasoning, which likely drives the adoption and utility of the OpenAI model.

OpenAI announcements, releases of new AI models, and developments in Worldcoin led by Sam Altman catalyzed gains in this coin category.

NEAR is trading at $4.359, FET at $1.600 and ICP at $8.361.


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