Which part of the cryptocurrency market was the most profitable in the first half of 2023?

Amid the challenging state of the digital currency market, several sectors of the industry have seen significant growth in terms of market capitalization since the beginning of this year.

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According to reports, the Artificial Intelligence (AI) and Big Data sector has been highlighted as one of the top 10 sectors that will experience significant growth in 2023. According to published data, the market value of the artificial intelligence and big data sector saw a remarkable growth of 323% in the first half of the year, which was the second best performance after the VR/AR sector, which saw its market value grow by 704%.
The big data segment refers to a segment of the cryptocurrency market that involves the use of big data analytics and technologies to process large volumes of market data and blockchain transactions.
In addition, bluechip decentralized finance (DeFi) projects and infrastructure (projects with significant value, stable status and good reputation) have made a strong comeback, with sectors such as lending and borrowing, derivatives, storage and interoperability showing growth rates of 58% to 149%.The emergence of Artificial Intelligence and Big Data as a new member among the most visited sectors in 2023 can be attributed to the launch of ChatGPT. This technology has significantly fueled interest and discussion about artificial intelligence in the cryptocurrency market. Singularity (AGIX) and Fetch (FET) were among the most popular tokens in this sector, which experienced significant growth in June after price stagnation in February and March. In addition, the introduction of a competing company called xAI by Elon Musk has also not been ineffective in increasing the value of digital currencies based on artificial intelligence.