FOMC

Injective

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Fetch.ai

<p>The post <a href="https://coinpedia.org/press-release/ai-coins-pumping-as-fetch-ai-injective-wienerai-see-gains/" rel="noopener noreferrer nofollow">AI Coins Pumping As Fetch.ai, Injective, WienerAI See Gains</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>AI coins have resurfaced as one of crypto’s top-performing asset classes today, with projects like Fetch.ai and Injective booking solid gains. Meanwhile, the new presale AI project WienerAI is also showing bullish momentum, with its total raise approaching $6 million.</p>
<h2 class="wp-block-heading" id="h-ai-cryptos-boom-as-market-selloff-halts">AI Cryptos Boom as Market Selloff Halts</h2>
<p>The crypto market has found its footing after a week of selling pressure, providing AI coins with bullish momentum.</p>
<p>Following Fed chair Jerome Powell’s enlightening words at Wednesday’s FOMC meeting, the crypto market has seen a 0.4% uptick.</p>
<p>However, all eyes are on AI cryptocurrencies, with CoinMarketCap reporting the sector’s valuation has jumped by 3.3% today.</p>
<p>This comes as chip manufacturer Nvidia continues to gain pace in the stock market. It is currently trading at an all-time high (ATH) and up 38.5% this month.</p>
<figure class="wp-block-image size-full"><img decoding="async" width="1024" height="320" src="https://image.coinpedia.org/wp-content/uploads/2024/06/13170324/image-239.png" alt="price-chart" class="wp-image-315697" srcset="https://image.coinpedia.org/wp-content/uploads/2024/06/13170324/image-239.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/06/13170324/image-239-300x94.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/06/13170324/image-239-768x240.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/06/13170324/image-239-150x47.png 150w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>AI agent-focused cryptocurrency Fetch.ai has enjoyed a 6% rise today, recovering some losses from the recent market-wide selloff.</p>
<p>Meanwhile, the DeFi-focused blockchain, Injective Protocol, which leans on AI to improve market efficiency and optimize decision-making processes, has posted a 12% gain today.</p>
<p>Injective has remained sheltered from crypto’s recent selloff, up 34% this month.</p>
<p>Other large-cap AI cryptocurrencies have also made strong gains today. Currently, Render is up 6%, Bittensor is up 6%, and SingularityNET is up 4%.</p>
<p>In a recent analysis, Crypto Vikings predicted that Fetch.ai will continue to trend upward, noting it is approximately 50% of its ATH, which presents good value for new buyers.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24FET&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$FET</a><br><br>– AI Blue-chip coin and AI sector has still a lot of potential growth<br>– Already corrected more than 50% which is a juicy dip and proven to be a very profitable strategy to buy trendy Blue-chip coin at 50% discount<br>– Merge very soon to ASI (bottom event)<br><br>I bought lots of… <a href="https://t.co/9XqUte5aLp" rel="noopener noreferrer nofollow">pic.twitter.com/9XqUte5aLp</a></p>— Crypto Vikings (@CryptoVikings07) <a href="https://twitter.com/CryptoVikings07/status/1800847595440652728?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 12, 2024</a>
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<p>In reply to a comment on the tweet, the analyst <a href="https://x.com/CryptoVikings07/status/1800849265218228245" target="_blank" rel="noopener noreferrer nofollow">suggested</a> Fetch.ai could see up to 20x gains this cycle.</p>
<p>Moving to Injective, Altcoin Miyagi hailed it as having “one of the most bullish charts in crypto right now” and suggests it is going “so much higher.”</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24INJ&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$INJ</a> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f977.png" alt="🥷" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>This has to be one of the most bullish charts in crypto right now, I mean how can it not be?<br><br>Smashed ATH first try through bear/start of bullmarket… retraced and tested ATH for 3 months and now we're seeing signs of the move up… WHEN <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> IS BEARISH?<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f92f.png" alt="🤯" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Going so… <a href="https://t.co/GAYwyNU1P2" rel="noopener noreferrer nofollow">pic.twitter.com/GAYwyNU1P2</a></p>— Altcoin Miyagi <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f916.png" alt="🤖" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@AltcoinMiyagi) <a href="https://twitter.com/AltcoinMiyagi/status/1800826107572502788?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 12, 2024</a>
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<p>Indeed, the outsized performance of AI coins against other cryptocurrencies reflects the unwavering interest in AI technology, which has been ramping up since the launch of OpenAI’s ChatGPT in 2022.</p>
<p>With that, new AI cryptocurrencies like WienerAI have a favourable launch environment thanks to their low valuations in a rapidly growing sector.</p>
<h2 class="wp-block-heading" id="h-wienerai-presale-nears-6m-is-this-the-next-10x-ai-coin">WienerAI Presale Nears $6M – Is This the Next 10X AI Coin?</h2>
<p>While tapping into the enthralling market dynamics of AI cryptocurrencies, <a href="https://coinpedia.care/b_wienerdogai-en_80538?referrer=ai-coins-pumping-as-fetchai-injective-wienerai-see-big-gains" target="_blank" rel="noopener noreferrer nofollow">WienerAI</a> also holds exposure to the meme coin niche, with its AI technology masked behind a dog-themed facade.</p>
<p>This juncture has drawn significant attention to the project, enabling its presale to skyrocket in notoriety.</p>
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="595" src="https://image.coinpedia.org/wp-content/uploads/2024/06/13170248/image-238-1024x595.png" alt="wiener-ai" class="wp-image-315695" srcset="https://image.coinpedia.org/wp-content/uploads/2024/06/13170248/image-238-1024x595.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/06/13170248/image-238-300x174.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/06/13170248/image-238-768x446.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/06/13170248/image-238-1536x893.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/06/13170248/image-238-150x87.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/06/13170248/image-238.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>WienerAI’s central proposition is an AI-enhanced trading bot that helps users make better trading decisions.</p>
<p>They can ask questions or outline criteria, and the bot will scour the market for the best trading opportunities.</p>
<p>And it doesn’t stop there. Once it finds a suitable cryptocurrency, users can take advantage of its instant, fee-free, MEV-resistant, and noob-friendly trade execution. This means no more long wait times or getting front-run by MEV bots when buying crypto on-chain.</p>
<p>Leading analysts have rallied behind this cutting-edge use case, with the Crypto News YouTube channel suggesting that it has 100x potential.</p>
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 <div class="wp-block-embed__wrapper"><iframe title="THIS AI PRESALE HAS RAISED $4 MILLION!! WIENER AI HAS 100X POTENTIAL!!" width="1220" height="686" src="https://www.youtube.com/embed/p4WWnqjpMrQ?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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<p>The project also offers a staking layer that rewards users for locking up their tokens. They can currently earn a 201% APY, but this will decrease as the staking pool grows.</p>
<p>At the same time, the <a href="https://coinpedia.care/b_wienerdogai-en_80538?referrer=ai-coins-pumping-as-fetchai-injective-wienerai-see-big-gains" target="_blank" rel="noopener noreferrer nofollow">WienerAI presale</a> price will gradually increase throughout the campaign.</p>
<p>With that in mind, prospective investors would be well-suited to get in as early as possible and secure the most value.</p>

AI Coins Pumping As Fetch.ai, Injective, WienerAI See Gains

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