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GPT-4 launch triggers massive rally in AI tokens

By Om Labde15 March 2023, 07:00 PM
Bill Gates thinks AI is the next big thing instead of Web3 and the metaverse

The launch of GPT-4 by OpenAI has caused a stir in the tech world, with several improvements to the popular language model. ChatGPT, powered by OpenAI, has already established itself as a dominant player in the space, and the new model is expected to further increase its capabilities.

One of the most significant upgrades in GPT-4 is its ability to understand images, allowing it to process more complex instructions and provide more accurate responses. In addition, the model has a “better memory” and can process up to 25,000 words, making it more reliable and creative.

The success of ChatGPT has not gone unnoticed, with several crypto projects taking advantage of its popularity. One such project is CryptoGPT, which aims to monetize users’ AI data and turn everyday tasks into a source of income. The token has experienced a massive surge in value since its listing on exchanges, rising by 1703%.

However, it’s not just CryptoGPT that has seen an increase in price. Several tokens that focus on AI have experienced a surge in value since the launch of GPT-4. The Graph, SingularityNET, Render Token, Fetch.ai, and Oasis Network have all experienced double-digit increases in price, with SingularityNET increasing by as much as 36% over the past 24 hours.

Despite the hype around AI tokens, there are concerns over the use of ChatGPT in exams, with teachers warning against its use due to its extreme capability. Nevertheless, the success of ChatGPT and the launch of GPT-4 are a significant breakthrough for AI, and it’s expected that the technology will continue to grow in importance in the coming years.

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