2024

SingularityNET

Artificial Intelligence

<p>The post <a href="https://coinpedia.org/price-analysis/top-reasons-why-ai-based-altcoins-are-best-bet-for-2024-heres-why/" rel="noopener noreferrer nofollow">Top Reasons Why AI-Based Altcoins Are Best Bet For 2024 – Here’s Why!</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The Artificial Intelligence tokens have displayed a significant uptrend this week, indicating a massive bullish sentiment for these tokens in the crypto industry. Further, eight tokens have secured a spot in the top ten gainers of the day, highlighting a positive price action for this category in the coming time.</p>
<p>Despite a mixed sentiment in the crypto space, with top tokens recording constant fluctuations in their respective portfolios, the AI tokens have gained significant attention from the market with impressive short-term returns.&nbsp; Investors are curious to dig out the prime reason “why are AI tokens pumping?”</p>
<h2 class="wp-block-heading" id="h-ai-tokens-surge-post-news-of-sora">AI Tokens Surge Post News Of Sora!</h2>
<p>The category gained significant price action after the news of OpenAI released a new technology called Sora, which allows users to create hyper-realistic videos from text-based prompts.</p>
<p>The samples which were released by the company, showed the limitless potential this application possesses in them. This new application has caused massive excitement among users, resulting in AI-based tokens experiencing significant inflow.</p>
<h2 class="wp-block-heading" id="h-category-performance-in-the-upcoming-weeks">Category Performance In The Upcoming Weeks!</h2>
<p>The top tokens from this category have added massive gains over the past week, with some tokens multiplying their valuation. The AI tokens are predicted to record a significant uptrend in the upcoming months, with major tokens possibly recording a new high.</p>
<p>Tokens such as Fetch.ai, The Graph, and SingularityNET have added 68.32%, 58%, and 118.57% over the past week, making them the top potential tokens for the upcoming market rally.</p>
<h2 class="wp-block-heading" id="h-conclusion">Conclusion:</h2>
<p>Overall, this category has displayed a significant price action over the past few weeks, indicating a massive inflow from investors. Further, the investors are concerned about the future price action of these tokens resulting in creating a FOMO-like situation in the market.</p>
<p><strong>NOTE:</strong> Investing in cryptocurrencies is highly risky as the market is highly volatile. Make sure to do your own research before investing in any digital asset and preferably keep a stop loss to minimize your losses during the times of a market dump.</p>

Top Reasons Why AI-Based Altcoins Are Best Bet For 2024 – Here’s Why!

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