CryptoAI (CAI) Records an Astonishing 73% Surge, What’s Driving the Rally?

• CryptoAI is currently trading for $0.03837.
• CryptoAI (CAI) has increased by 73% during the past 24 hours.

New Ethereum-backed AI token CryptoAI (CAI) surpasses altcoin momentum after an uptick of 73% in the last 24 hours. The token is currently trading for $0.03837.

After the initial availability of OpenAI’s ChatGPT on November 30th of last year, the price of cryptocurrency tokens related to artificial intelligence (AI) went up. The excitement around artificial intelligence (AI) following the adoption of ChatGPT and as well as the renewed interest in Ethereum as a very useful proof-of-stake (PoS) protocol, are both essential strong fundamentals that are currently assisting CryptoAI. 

The move by OpenAI to roll out the premium version of ChatGPT in January stimulated investor interest in AI chatbots. And also prompted a rise in the pricing of AI tokens following ChatGPT’s release. The potential use of AI in the context of blockchain is still primarily limited, and while entrepreneurs are still learning the ropes, CryptoAI has made several notable advances including making it possible for anyone to freely generate AI text-to-video content.

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