Artificial Superintelligence Alliance

Ocean Protocol

2024

Internet Computer

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>AI tokens saw impressive surges ahead of Nvidia’s Q2 earnings report set for release on August 28.</li> 
 <li>Data from CoinGecko shows price increases between 17% and 60% for the top 5 AI coins.</li> 
</ul> 
According to the latest data from CoinGecko, AI tokens saw impressive price surges during the past week, ahead of Nvidia’s Q2 earnings report set to be released on August 28. 
<h2 id="ai-tokens-surge-ahead-of-nvidia-report">AI Tokens Surge Ahead of Nvidia Report</h2> 
The top 5 AI tokens by market cap recorded price surges between 17% and 60%, according to official<a href="https://www.coingecko.com/en/categories/artificial-intelligence" rel="nofollow noopener" target="_blank"> data</a>. 
<figure id="attachment_49482" aria-describedby="caption-attachment-49482" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/08/ai-coins-26-august.png"><img loading="lazy" decoding="async" class="wp-image-49482 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/08/ai-coins-26-august.png" alt="Top 5 AI tokens via CoinGecko" width="1599" height="481" title="AI Tokens Surged Ahead of Nvidia Q2 2024 Earnings Report 12"></a>
 <figcaption id="caption-attachment-49482" class="wp-caption-text">
 Top 5 AI tokens via CoinGecko
 </figcaption>
</figure> 
Near Protocol (NEAR) recorded a surge in price of 25% in the past seven days. Today the token is priced at $4.87, up by 0.7% in the past 24 hours. The coin now has a market cap of over $5.4 billion. 
<figure id="attachment_49483" aria-describedby="caption-attachment-49483" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/08/chart-4.png"><img loading="lazy" decoding="async" class="wp-image-49483 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/08/chart-4.png" alt="NEAR price in USD in the past 7 days " width="1644" height="1200" title="AI Tokens Surged Ahead of Nvidia Q2 2024 Earnings Report 13"></a>
 <figcaption id="caption-attachment-49483" class="wp-caption-text">
 NEAR price in USD in the past 7 days
 </figcaption>
</figure> 
Internet Computer (ICP) saw a surge in price of over 17% in the past week. Today, the coin is trading at $8.35, up by almost 1% in the past 24 hours, with a total market cap of almost $4 billion. 
<figure id="attachment_49484" aria-describedby="caption-attachment-49484" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/08/chart-5.png"><img loading="lazy" decoding="async" class="wp-image-49484 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/08/chart-5.png" alt="ICP price in USD in the past 7 days " width="1644" height="1200" title="AI Tokens Surged Ahead of Nvidia Q2 2024 Earnings Report 14"></a>
 <figcaption id="caption-attachment-49484" class="wp-caption-text">
 ICP price in USD in the past 7 days
 </figcaption>
</figure> 
Artificial Superintelligence Alliance (FET) saw a surge of 60% in the past week, and today, the coin’s price is $1.32, up by over 12% in the past 24 hours. The total market cap of FET is now $3.3 billion. 
<figure id="attachment_49485" aria-describedby="caption-attachment-49485" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/08/chart-6.png"><img loading="lazy" decoding="async" class="wp-image-49485 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/08/chart-6.png" alt="FET price in USD in the past 7 days " width="1644" height="1200" title="AI Tokens Surged Ahead of Nvidia Q2 2024 Earnings Report 15"></a>
 <figcaption id="caption-attachment-49485" class="wp-caption-text">
 FET price in USD in the past 7 days
 </figcaption>
</figure> 
Bittensor (TAO) is priced at almost $344 today, up by over 7% in the past 24 hours. The coin recorded a surge of over 22% in the past seven days and it reached a market cap of $2.5 billion today. 
<figure id="attachment_49487" aria-describedby="caption-attachment-49487" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/08/chart-7.png"><img loading="lazy" decoding="async" class="wp-image-49487 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/08/chart-7.png" alt="TAO price in USD in the past 7 days " width="1644" height="1200" title="AI Tokens Surged Ahead of Nvidia Q2 2024 Earnings Report 16"></a>
 <figcaption id="caption-attachment-49487" class="wp-caption-text">
 TAO price in USD in the past 7 days
 </figcaption>
</figure> 
Render (RENDER) is now priced at $6.25, up by 1.5% in the past 24 hours. The coin recorded a surge of over 40% in the past 7 days and it now has a total market cap of over $2.4 billion. 
<figure id="attachment_49488" aria-describedby="caption-attachment-49488" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/08/chart-8.png"><img loading="lazy" decoding="async" class="wp-image-49488 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/08/chart-8.png" alt="RENDER price in USD in the past 7 days" width="1644" height="1200" title="AI Tokens Surged Ahead of Nvidia Q2 2024 Earnings Report 17"></a>
 <figcaption id="caption-attachment-49488" class="wp-caption-text">
 RENDER price in USD in the past 7 days
 </figcaption>
</figure> 
Other important AI tokens recorded significant surges in the past seven days such as SingularityNET (AGIX) which saw a surge of over 57%, Ocean Protocol (OCEAN) which surged by over 61% in the past week BasedAI (BASEDAI) which surged by almost 80% in the past seven days, according to data from CoinGecko. 
Nvidia is set to release its Q2 2024 earnings report on August 28, and the results <a href="https://crypto.ro/en/news/nvidia-q2-earnings-report-could-boost-ai-tokens/">could trigger</a> more price surges for AI-related tokens. Historical data has already shown a strong connection between AI tokens and booms in trends related to AI. 
Nvidia anticipates a Q2 revenue of $28 billion, compared to the Q1 revenue of $26 billion.

AI Tokens Surged Ahead of Nvidia Q2 2024 Earnings Report

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