Top AI Coins to Watch Amid Donald Trump’s Push

Key Insights

• AI coins face price corrections as Trump announces Genesis Mission executive order.
• Bittensor and NEAR Protocol lead major AI cryptocurrency projects by market cap.
• Internet Computer drops 21.10% over seven days amid broader market weakness.

AI coins are appearing on the watchlist as President Donald Trump prepares to unveil a “Genesis Mission” executive order aimed at boosting United States artificial intelligence capabilities.

The announcement comes as major AI-focused cryptocurrencies face price corrections ranging from 6% to 27% over the past week.

Department of Energy Chief of Staff Carl Coe stated the administration views the coming AI race as comparable to the Manhattan Project or space race.

Trump Administration Targets AI Development

As per a report by Bloomberg, the Genesis Mission executive order will likely direct national laboratories to increase work on emerging AI technologies.

The effort may involve public-private partnerships between government research facilities and private companies.

The Trump administration is also preparing a separate executive order allowing the Department of Justice to sue states over AI regulations deemed unconstitutional.

Trump met with Saudi Crown Prince Mohammed bin Salman this week to finalize defense and economic agreements. The president approved sales of advanced AI chips to Saudi Arabia.

Nvidia and Elon Musk’s xAI announced plans to develop a data center with the Saudi-backed AI venture Humain.

At a Saudi investment conference, Trump stated his goal to build the largest and most innovative AI ecosystem globally.

Trump warned that without federal oversight, China would overtake the United States in the AI race.

Top AI Coins to Watch Amid the Developments

The timing of Trump’s AI initiative coincides with dropping crypto prices across the artificial intelligence sector.

CoinMarketCap data shows the AI cryptocurrency segment holds a $24.11 billion market cap with $9.54 billion in 24-hour trading volume. The sector posted modest gains of 1.53% over the past day.

Bittensor (TAO) is the 32nd largest cryptocurrency by market capitalization, valued at $3.41 billion.

The token currently trades at $329.74, with a 24-hour volume of $233.12 million. TAO gained 1.83% in 24 hours but fell 6.79% in the previous seven days.

The recent price correction brings Bittensor down from higher levels reached earlier in November. The 6.79% weekly decline is a relatively modest pullback compared to other AI coins.

The current price level could present an entry point for investors anticipating increased institutional interest in AI-related crypto projects following Trump’s executive order.

NEAR Protocol and Internet Computer Face Double-Digit Weekly Losses

NEAR Protocol ranks 35th by market cap at $3.05 billion. The token trades at $2.37 with 24-hour volume of $476.39 million.

NEAR posted 6.12% gains over 24 hours but dropped 7.20% over seven days. Internet Computer (ICP) holds the 38th position with a $2.71 billion market cap.

ICP trades at $5.00 with $341.12 million in 24-hour volume. The token declined 0.44% over 24 hours and dropped 21.10% over the past week. This is the steepest weekly drop among major AI coins tracked.

Mid-cap AI Coins Show Varied Performance

Filecoin (FIL) ranks 55th with a $1.35 billion market cap. The storage-focused token trades at $1.87 with $296.57 million in daily volume. FIL dropped 0.63% over 24 hours and dropped 15.01% over seven days.

Render (RENDER) holds the 64th spot with a $1.06 billion valuation. The token trades at $2.05 with $63.07 million in volume. RENDER gained 0.35% over 24 hours but fell 14.83% over the past week.

Story Protocol (IP) ranks 71st with a $929.75 million market cap. IP trades at $2.81 with $53.93 million in daily volume.

The token dropped 2.08% over 24 hours and declined 27.42% over seven days. This is the largest weekly correction among tracked AI coins.

Artificial Superintelligence Alliance (FET) ranks 78th with a $757.94 million market cap. The token trades at $0.3211 with $303.23 million in 24-hour volume. FET posted 8.63% gains over 24 hours and rose 2.75% over seven days.

FET stands as the only major AI token showing positive seven-day performance. The gains come as other AI coins face selling pressure.

Market Outlook for AI Coins

The recent price corrections across AI coins create potential entry points ahead of increased institutional focus on artificial intelligence.

Trump’s executive order on Genesis Mission shows the government’s dedication to AI advancement. Jensen Huang, CEO of Nvidia, met with Trump and went to the Saudi crown prince’s banquet.

Huang has openly said that Beijing has an advantage in the global AI battle due to China’s simplified regulations. To ease this worry, the Trump administration is pushing for government AI standards.

The Department of Energy partnership with Nvidia includes development of seven supercomputers at federally run research facilities.

These infrastructure investments could benefit blockchain projects providing AI computation and storage services.

AI coins with established partnerships or technical capabilities aligned with government priorities may see rise in interest as the Genesis Mission develops.