Essential Tools for AI Enthusiasts to Manage Their Crypto

The crypto market may be seeing a slight downtime but investors are still keeping their eyes on potential gems. Most often than not, the usual picks are assets like AI coins that have robust utility and huge potential to grow in value.

The Rise of AI Tokens in 2024

Since artificial intelligence had its big break in 2023, several AI coins have emerged and captured the attention of the cryptoverse. The AI crypto market became even more popular in 2024, experiencing an average increase of 257% in Q1. Ranked second only to meme coins, this crypto trend accounted for 15.67% of total investor attention and a 12.58% market stake.

Artificial intelligence-focused cryptos surged by as much as 70% in the week leading up to Nvidia’s second-quarter earnings report in August. Analysts attributed the excitement to the ongoing tech bull market, driven by surging demand for data center capacity to power AI applications like chatbots.

Nvidia, as a primary supplier of the GPUs enabling these advancements, stood at the heart of this trend. Its earnings report reinforced confidence in the scalability and profitability of AI technologies, creating a ripple effect that boosted the value of AI-related coins.

After a strong rally, the market slowed down in September, but between October and December, the capitalization surged by 68%, adding nearly $25 billion. The November spike further proved that the upward momentum remained strong.

The Current State of the AI Market: Best-Performing Tokens

Today, the AI market is valued at over $43 billion, with a daily trading volume exceeding $3 billion. It is even projected that AI will drive crypto forward in 2025, transforming usability, personalization, security, and revenue potential across blockchain ecosystems.

Seven AI coins currently rank among the top 100: NEAR Protocol (NEAR), Internet Computer (ICP), Render (RENDER), Bittensor (TAO), Artificial Superintelligence Alliance (FET), and The Graph (GRT).

VIRTUAL, for instance, has experienced remarkable growth, soaring by an astonishing 35,033.93% this year and reaching its all-time high of $3.5 at the time of writing. Impressively, this growth has been steady and continuous, with virtually no significant drops over the past 12 months.

Other smaller-cap AI coins, such as Phala Network's PHA, saw yearly growth of 290%, AIOZ Network's AIOZ increased by 528%, while DeXe (DEXE) and Marlin (POND) are finishing the year strong with a 35% and 77% increase, respectively, in the last seven days.

All of this has prompted crypto investors to add AI coins to their watchlist, anticipating even greater gains.

How to Manage AI Tokens Effectively

With this surge in interest for AI coins, the demand for secure tools, including non-custodial wallets, to manage them has increased as well. Here, six of such tools will be reviewed, including their strengths and peculiar features that make them attractive to holders of AI coins.

NOW Wallet

Part of the instant crypto exchange ChangeNOW’s ecosystem, NOW Wallet is a non-custodial wallet that supports and simplifies transactions for over 70 blockchains and 1500+ tokens, including AI coins like FET, TAO, GRT, RENDER, NEAR, ICP, VIRTUAL, AIOZ, and many more. This wide coin support also extends to meme coins like Dogecoin (DOGE) and Popcat (POPCAT) and privacy coins such as Monero (XMR) and Zcash (ZEC) among many others.

Its multichain functionality allows users to extensively manage and exchange assets and take advantage of any market movement within a single interface. The wallet also supports cross-chain swaps, allowing users to, for example, swap NEAR from its native protocol to Binance Smart Chain or BEP2, GRT from Ethereum to Arbitrum or Polygon, and more. Users can also add custom tokens that run on supported EVM-compatible blockchains and Tron network.

NOW Wallet allows conversion of over 60 fiat currencies to crypto and vice versa, using payment methods like Mastercard, Visa, Apple Pay, Google Pay, or bank transfers. Enabling users to earn income on their idle assets, it also provides staking for several cryptocurrencies, such as Tron (TRX) and Solana (SOL), just to name a few.

Being an easy-to-use wallet doesn't only lie in its cutting-edge features, but also in its dedicated 24/7 customer support that is always ready to resolve errors such as sending tokens to the wrong network. Yet, the team resolves these issues quickly with a 99% success rate. In addition to these, NOW Wallets’ WalletConnect integration allows accessing numerous dApps, as well as buying and selling NFTs across marketplaces. The wallet currently supports storage, sending and receiving of NFTs built on Ethereum and Solana, with upcoming support for NFTs on Binance network.

Through NOW Wallet’s Pro membership, users can get cashback on each exchange transaction, perform AML address checks, get unlimited crypto loans, and create private domains for receiving crypto. The wallet is compatible with both mobile (iOS/Android) and desktop (macOS, Windows, Linux) devices.

Ledger

Ledger is the leading company when it comes to hardware wallet storage solutions. Its lineup includes more affordable options like the Nano S Plus and the Nano X, as well as more high-end devices aimed at crypto power users, such as the Ledger Stax and the Ledger Flex. These devices ensure offline storage, significantly reducing the risk of hacks and online breaches.

Ledger's intuitive Ledger Live app complements its hardware wallets, providing users with a seamless interface to manage and transact thousands of different tokens, including AI tokens like FET, TAO, and RENDER. With Ledger Live, users can buy, swap, and stake cryptocurrencies directly within the app. In total, Ledger wallets support over 5,500 digital assets, making them versatile tools for managing diverse portfolios.

DeFi features like staking are particularly useful for earning rewards on idle assets, supporting networks like Ethereum, Polkadot, and Tezos.

Additionally, the wallets integrate with popular decentralized applications (dApps) through platforms like WalletConnect.

One notable drawback of Ledger is the upfront cost, as hardware wallets are more expensive than free software wallets like NOW Wallet or MetaMask. However, for users with significant crypto investments, the unparalleled security provided by Ledger's devices makes it a worthwhile investment. With continuous firmware updates and an active support community, users can remain confident in the long-term reliability of these wallets.

MetaMask

Averaging 30 million users monthly, MetaMask is one of the most popular non-custodial wallets and offers a simple and secure way to buy cryptocurrencies with fiat, store funds, and connect to blockchain-based applications. It has solidified its place as a secure solution for you to manage and transfer your crypto assets, including AI coins.

Also, you can purchase your AI tokens and other cryptocurrencies with your local currency using payment options like Apple Pay, debit and credit cards, PayPal, wire transfers, and ACH bank transactions. Available in around 200 countries, this fiat-to-crypto service allows you to transact with Metamask's reputable global partners like PayPal, Moonpay, Sardine, Mercuryo, and Ramp.

You can also gain comprehensive insights about your holdings through the MetaMask Portfolio dApp, which gives you details about your assets’ performance across all Ethereum mainnet, Avalanche, Polygon, BNB Chain, Optimism, Arbitrum, Fantom, and Linea. At a glance, you can make informed investment decisions by seeing the total value of your portfolio, tracking price movements, and monitoring trends.

Despite this robust suite of features, MetaMask still has some drawbacks. For instance, it supports only Ethereum and EVM-compatible blockchains. This means that it is a poor choice for those with assets on non-EVM chains such as Cardano or Solana.

Coinbase Wallet

Coinbase Wallet is a product of US foremost crypto exchange, Coinbase and supports thousands of cryptocurrencies, including several AI coins. It offers you the opportunity to purchase, swap, and stake your assets, as well as store and manage them with extra layers of security on all devices.
With Coinbase Onramp, you can easily buy cryptocurrencies with fiat currencies. It has an easy and intuitive interface that gives you access to 100+ cryptocurrencies and over 60 fiat currencies with a single integration. This is enabled by different payment methods such as debit cards, Apple Pay, ACH, and crypto balances. Moreso, you enjoy no fees on USDC transactions.

Though a product of a centralized exchange, it still stands out as one of the most secure wallets in the cryptoverse. Its security architecture includes two-factor authentication, permission management, confirmation requests, multiple signatures, security locks, biometric logins, PINs, and Ledger integration.

However, Coinbase Wallet does not necessarily offer niche token support or custom tools. Also, the wallet has a strict vetting policy that limits the number of cryptocurrencies and dApps it supports. Coinbase Wallet has a tendency for accumulating transaction fees for smaller transactions. This is unlike NOW Wallet and MetaMask, where you can choose your transaction fees.

Trust Wallet

From AI coins to meme coins, Trust Wallet supports over a million crypto assets across 100+ blockchains, offering users full control and management of these assets. With this wallet, you can buy, send, receive, and stake cryptocurrencies. Thus, it is a good choice for managing diverse crypto portfolios.

It also allows you to easily take advantage of the AI coin market by allowing you to use your local fiat currency to buy cryptos. This function is supported by Trust's global partners like MoonPay, Simplex, Ramp Network, Mercuryo, and Transak. They handle 100+ different currencies and manage the entire transaction process, enabling you to complete your purchase with just a few clicks from the app.
Supporting millions of assets isn't limited to cryptocurrencies but extends to NFTs too. Trust Wallet stores over 600 million NFTs on different blockchain networks, enabling you to transact these assets without leaving the app. This comes in particularly useful for individuals and businesses who hold and trade several NFTs.

However, this support for a huge number of assets serves as a significant drawback for Trust Wallet, especially for crypto newbies who may not discern between legit and fake crypto assets because of the wallet's plethora of digital assets. Also, the wallet's security lacks basic features such as two-factor authentication.

Exodus

Exodus is an easy wallet for buying Bitcoin, AI coins, and other cryptocurrencies through debit cards, PayPal, Apple Pay, Google Pay, or a bank account. You can also use third-party providers such as MoonPay or PayPal. Transactions are usually swift, taking only about 5 to 20 minutes for the crypto to show up in your wallet.

Known for its intuitive interface and ease of use, Exodus offers multichain compatibility and an integrated exchange where you can quickly swap your tokens. Also, its staking platform enables you to earn passive income.

The wallet offers a highly efficient 24/7 customer support that is complemented by support services across different platforms such as a chatbot, a 10,000+ Discord community, and a robust Reddit platform.

However, being closed-source presents a significant drawback for Exodus as it questions its transparency. This doubt is heightened by its lack of common security features like two-factor authentication and multi-signature transaction approvals.

Zerion

Zerion supports more than 60 DeFi protocols and has over 200,000 monthly active users. With its intuitive DeFi interface and features, you can invest, lend, borrow, and swap your AI coins, cryptocurrencies, and other digital assets.

The wallet also makes it possible to buy your AI coins through its fiat on-ramp service. All you need to do is to follow easy steps like connecting to the wallet’s on-ramp provider platform, entering the amount you want to spend, confirming the wallet address, and choosing your payment method.
Like other non-custodial wallets, Zerion offers you a chance to earn passive income, but through lending instead of staking. You can earn interest by lending tokens and also earn through the wallet’s rich integration of DeFi protocols that allows you to access liquidity pools and yield farming tools.

Zerion, however, supports a limited number of blockchains – this is unlike MetaMask, NOW Wallet, and Trust Wallet which have a vast range of support.

Summary

Non-custodial wallets offer a reliable way for users to secure and maximize their assets. They offer the requisite security, control, and convenience for you to store and manage AI coins and other cryptocurrencies. Popular non-custodial solutions that offer these services include NOW Wallet, MetaMask, Trust Wallet, and others aforementioned.

However, NOW Wallet has particularly positioned itself as a wallet that not only supports a wide range of crypto assets but also offers a comprehensive suite of features that caters to all crypto users – from AI token fans to meme coin aficionados.

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