🎉 CoinGecko Turns 10! Celebrate with us
Coins: 13,832
Exchanges: 1,050
Market Cap: $2.57T 6.7%
24h Vol: $164.273B
Gas: 12 GWEI
Go Ad-free
Analysis
TABLE OF CONTENTS

How has OpenAI's ChatGPT Impacted Artificial Intelligence Tokens?

4.6 | by Shaun Paul Lee

On November 30, research laboratory OpenAI unveiled ChatGPT, a natural language processing model that is designed to be able to interact conversationally. From answering simple queries to generating smart contracts, the Artificial Intelligence (AI) tool has been the new trending topic on the Internet and widely tested by users – including among the Crypto Twitter (CT) community.

With the hype around ChatGPT, cryptocurrency punters bought into tokens related to AI, pushing up token prices since the chatbot’s launch.

OpenAI’s ChatGPT causes Artificial Intelligence token prices to surge by up to 77%.

DeepBrain Chain (DBC) posted the most gains with a 76.7% jump in token price within a week of ChatGPT being launched, from $0.00050 on November 30 to $0.00089 on December 6. 

Numeraire (NMR), the largest AI token by market capitalization, saw its price increase by 54.5% in the same period from $11.26 to $17.40. This was mainly due to NMR’s largest single-day spike of 49.9% up from $11.61 on December 5, which broke the token price away from sideways trending levels in the previous weeks.

That said, both DBC and NMR are down significantly from their all-time highs of $0.66 (January 9, 2018) and $93.15 (May 16, 2021) respectively.

Not all AI tokens experienced significant gains

While the ChatGPT launch was a price catalyst for several AI-related cryptocurrencies, not all AI tokens benefited to the same extent as DBC and NMR. 

Fetch.ai (FET) and SingularityNET (AGIX) prices rose slightly by 10.1% and 7.0% respectively in the week since ChatGPT went live. However, this was in line with the general cryptocurrency market, which appreciated around 2.3% over the week.

Meanwhile, Alethea Artificial Liquid Intelligence (ALI) instead saw its price dip by 3.2% in the same period. The price pump for ALI only took place a day later on December 7 to reach $0.012, which represented an increase of 24.3% from November 30.

Methodology

The study examined prices of five tokens associated with AI from ChatGPT’s launch date on November 30, to December 6. Tokens across a range of market capitalizations were selected from CoinGecko’s AI category, namely Numeraire, Fetch.ai, SingularityNET, Alethea and DeepBrain Chain.


If you use these insights, we would appreciate a link credit to this article on CoinGecko. A link credit allows us to keep supplying you with future data-led content that you may find useful.

Curious to find out more about our previous research studies? Check out this one we did on Top 15 Football Fan Tokens by Daily Average Trading Volume.

CoinGecko's Content Editorial Guidelines
CoinGecko’s content aims to demystify the crypto industry. While certain posts you see may be sponsored, we strive to uphold the highest standards of editorial quality and integrity , and do not publish any content that has not been vetted by our editors.
Learn more
Tell us how much you like this article!
Vote count: 42
Shaun Paul Lee
Shaun Paul Lee

Shaun is a Research Associate at CoinGecko with a fondness for memes and farming on the blockchain. Follow the author on Twitter @ShaunPaulLee

Related Articles


Explore Polkadot's Ecosystem
Discover trending dApps, wallets, DeFi & more

What is Zeebu?
Learn more about the Web3 neobank


coingecko
Continue in app
Track prices in real-time
Open App
Select Currency
Suggested Currencies
USD
US Dollar
IDR
Indonesian Rupiah
TWD
New Taiwan Dollar
EUR
Euro
KRW
South Korean Won
JPY
Japanese Yen
RUB
Russian Ruble
CNY
Chinese Yuan
Fiat Currencies
AED
United Arab Emirates Dirham
ARS
Argentine Peso
AUD
Australian Dollar
BDT
Bangladeshi Taka
BHD
Bahraini Dinar
BMD
Bermudian Dollar
BRL
Brazil Real
CAD
Canadian Dollar
CHF
Swiss Franc
CLP
Chilean Peso
CZK
Czech Koruna
DKK
Danish Krone
GBP
British Pound Sterling
GEL
Georgian Lari
HKD
Hong Kong Dollar
HUF
Hungarian Forint
ILS
Israeli New Shekel
INR
Indian Rupee
KWD
Kuwaiti Dinar
LKR
Sri Lankan Rupee
MMK
Burmese Kyat
MXN
Mexican Peso
MYR
Malaysian Ringgit
NGN
Nigerian Naira
NOK
Norwegian Krone
NZD
New Zealand Dollar
PHP
Philippine Peso
PKR
Pakistani Rupee
PLN
Polish Zloty
SAR
Saudi Riyal
SEK
Swedish Krona
SGD
Singapore Dollar
THB
Thai Baht
TRY
Turkish Lira
UAH
Ukrainian hryvnia
VEF
Venezuelan bolívar fuerte
VND
Vietnamese đồng
ZAR
South African Rand
XDR
IMF Special Drawing Rights
Cryptocurrencies
BTC
Bitcoin
ETH
Ether
LTC
Litecoin
BCH
Bitcoin Cash
BNB
Binance Coin
EOS
EOS
XRP
XRP
XLM
Lumens
LINK
Chainlink
DOT
Polkadot
YFI
Yearn.finance
Bitcoin Units
BITS
Bits
SATS
Satoshi
Commodities
XAG
Silver - Troy Ounce
XAU
Gold - Troy Ounce
Select Language
Popular Languages
EN
English
RU
Русский
DE
Deutsch
PL
język polski
ES
Español
VI
Tiếng việt
FR
Français
PT
Português
All Languages
AR
العربية
BG
български
CS
čeština
DA
dansk
EL
Ελληνικά
FI
suomen kieli
HE
עִבְרִית
HI
हिंदी
HR
hrvatski
HU
Magyar nyelv
ID
Bahasa Indonesia
IT
Italiano
JA
日本語
KO
한국어
LT
lietuvių kalba
NL
Nederlands
NO
norsk
RO
Limba română
SK
slovenský jazyk
SL
slovenski jezik
SV
Svenska
TH
ภาษาไทย
TR
Türkçe
UK
украї́нська мо́ва
ZH
简体中文
ZH-TW
繁體中文
Login to track your favorite coin easily 🚀
By continuing, you agree to CoinGecko Terms of Service and acknowledge you’ve read our Privacy Policy
or
Forgot your password?
Didn't receive confirmation instructions?
Resend confirmation instructions
IT'S FREE! Track your favorite coin easily with CoinGecko 🚀
By continuing, you agree to CoinGecko Terms of Service and acknowledge you’ve read our Privacy Policy
or
Password must contain at least 8 characters including 1 uppercase letter, 1 lowercase letter, 1 number, and 1 special character
Didn't receive confirmation instructions?
Resend confirmation instructions
Forgot your password?
You will receive an email with instructions on how to reset your password in a few minutes.
Resend confirmation instructions
You will receive an email with instructions for how to confirm your email address in a few minutes.
Get the CoinGecko app.
Scan this QR code to download the app now App QR Code Or check it out in the app stores