The top AI crypto countries in 2024 are the US, which accounted for 18.9% share of global interest in the narrative, followed by the UK (9.1%) and Türkiye (6.5%), according to a report from CoinGecko.
The US and UK also led the meme coin craze last year, “pointing to their importance in the crypto market,” the team at CoinGecko noted.
They also mentioned in their research report that five other countries similarly “led global rankings for both AI crypto this year and meme coins last year, namely India, Australia, Canada and the Philippines.”
According to CoinGecko, this suggests that these countries “are particularly reactive to crypto market narratives.”
Southeast Asia has shown particularly “outsized interest in AI crypto coins, with 4 countries in the region ranking among the top 15.”
The Philippines came in 10th “with a 2.8% share of global interest in the narrative, while Singapore and Indonesia accounted for 2.2% each and Vietnam 1.2%.”
CoinGecko further noted that “within the European Union, the AI crypto narrative is most popular with the Netherlands (5.6% global interest share), Poland (3.2%), Germany (3.2%) and France (2.1%).”
In total, the top 15 AI crypto countries “account for a majority 74.4% market share of global interest,” the extensive report from CoinGecko revealed.
Bittensor (TAO), Render (RNDR) and Fetch.ai (FET) are unsurprisingly “the most popular AI crypto coins so far in 2024, on the back of their large market capitalization and strong price performance. 7 other popular AI coins that rank among the top 200 crypto by market capitalization are Akash Network (AKT), PAAL AI (PAAL), SingularityNET (AGIX), Ocean Protocol (OCEAN), AIOZ Network (AIOZ), Nosana (NOS) and Arkham (ARKM).”
15 smaller AI crypto coins “have also managed to capture attention and rank among the most popular. For example, PaLM AI (PALM) has gained significant interest from its association with Google’s AI technology. Meanwhile, smart contract auditor 0x0.ai (0X0), RWA platform TokenFi (TOKEN), web3 gaming infrastructure GameSwift (GSWIFT) and social trading platform Zignaly (ZIG) have captured interest from incorporating AI technology.”
Overall, 10 out of the 25 most popular AI crypto coins have “AI” or associated abbreviations in their tickers.
This interest is at least partly “driven by the speculative tendency to favor any coin that seems AI-related, amid the narrative mania. 7 smaller AI crypto coins that have benefited from such eye-catching tickers include Solidus AI Tech (AITECH), DeepFakeAI (FAKEAI), ChainGPT (CGPT), AIT Protocol (AIT), LayerAI (LAI), Sleepless AI (AI) and Delysium (AGI). That said, AI-related tickers have not guaranteed popularity, as there are just as many such coins that have received less attention.”
The remaining smaller yet popular AI crypto coins “are Autonolas (OLAS), Oraichain (ORAI) and Clore.ai (CLORE).”
Methodology
The study examined non-botted web traffic “by country based on the top 25 most popular AI coins on CoinGecko, from January 1 to March 10, 2024. Coins with botted web traffic were excluded.”