Render

SingularityNET

Bitcoin

The Graph

In the ongoing market correction, the majority of top cryptocurrencies such as Bitcoin, Ethereum, BNB, Ripple’s XRP, Cardano’s ADA, and others are experiencing a price correction. Despite the price corrections in <a href="https://news.todayq.com/analysts-bullish-after-market-correction-heres-why/" rel="noopener noreferrer nofollow">top cryptocurrencies</a>, artificial intelligence (AI) token categories are experiencing massive price surges. AI token outperforms meme coins 
According to data from CoinGecko, AI token categories rallied over 25% in the last 24 hours, while Bitcoin during the same period experienced only a 0.5% upside move. The price of an AI token gained massive attention just after meme coins lost their bullishness.&nbsp;
Following meme coins, including DOGE, SHIB, and PEPE, now traders and investors are excited about the potential mentions of crypto projects during Nvidia’s conference, causing a 25% surge in CoinGecko’s AI-linked token category. Tokens like Fetch.AI (FET), Render Network (RNDR), The Graph (GRT), and SingularityNET (AGIX) experienced a massive price surge of over 20%. Impressive performance of these AI tokens 
These projects claim to use AI in unique ways, such as offering virtual companions and creating a marketplace for graphics cards. The surge is fueled by reports that developers of crypto AI projects will be present at the conference or participating in panels, as mentioned by Lookonchain.
Currently, Render’s RNDR is trading near $9.3, and in the last 24 hours, it experienced a price surge of over 27%. If we look at the performance of RNDR over a longer period, in the last 7 days, RNDR experienced a price surge of over 21%, whereas, in the last 30 days, it experienced a price surge of over 115%.
On the other hand, SingularityNET (AGIX) is currently trading near $1.16, and in the last 24 hours, it experienced a price surge of over 26%. If we look at the performance of SingularityNET (AGIX) over a longer period, in the last 7 days, AGIX surged nearly 63% in upside momentum, whereas, in the last 30 days, it experienced a price surge of 300%.
Another AI token that gained massive attention from crypto enthusiasts is Fetch.AI (FET). Currently, FET is trading near $2.54, and in the last 24 hours, it experienced a price surge of over 24%. If we look at the performance of the FET token over a longer period, in the last 7 days, the FET token price soared by 76%, whereas, in the last 30 days, FET’s price experienced a surge of nearly 340%.
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AI token skyrockets despite ongoing correction, the reason

Todayq News

Other articles published on Mar 7, 2024

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