AI sector surpasses Yield farming again to outperform market by 12%
The AI sector again outperforms income agriculture, outperforming the market by 12%
Take a look at the top performing crypto sectors to see how crop farming and AI outperform Bitcoin over the last 24 hours.
As Bitcoin struggles to hold on to the $22,000 psychological support, the crypto-AI sector has outperformed growing crops to outperform Bitcoin with over 12% gains in the last 24 hours.
The total market capitalization of the AI sector is currently $4.08B, with a volume of $838M in the last 24 hours.
Data stream aggregator The Graph leads the sector with a market capitalization of $1.42 billion, while SingularityNET posted the most significant gains, up 16.2% in 24 hours.
The move came as bitcoin volatility surged throughout Feb. 14, ranging from $21,572 to $22,322.
Earlier in the day, crop farming was the most successful sector. However, as Bitcoin grew, so did the AI sector, suggesting a stronger correlation between AI and Bitcoin than between Bitcoin and crop farming.
The total market capitalization of the income farming sector is currently $5.13 billion and the volume in the last 24 hours is $869.79 million. Uniswap’s DeFi protocol leads the sector with a $4.85 billion market cap, while Trader Joe made the most significant gains, up 4.15% in 24 hours.
Over the past 24 hours, BTC is up 1.91% as of USD time. However, the leading cryptocurrency does not appear to be leading the market as UNI is up 1.46% versus bitcoin over the same period.
Credit : cryptoslate.com