FET prices have surged 20% since retesting a key support level fueled by surging whale and trading activity.
Against the backdrop of a broader crypto market recovery on Wednesday, AI Coins like FET, RENDER, and TAO have stolen the spotlight by witnessing a considerable pump. Notably, these tokens are surging amid broader AI-related developments such as Donald Trump's ‘Stargate' formation and tech giants injecting massive investments in the industry.
Render Foundation introduces AI Scouts Program, aiming to support AI startups with its decentralized GPU network. Key figures include Nate Solomon and Paul Roales.
In the past month, the cost of Render cryptocurrency fell by about 6.7%. But, in the last week, the token has started to pick up again, adding close to 8%.
NEAR Protocol is emerging as a key player in the blockchain space, offering a scalable, user-friendly platform for decentralized applications (dApps) and smart contracts. With the vision to improve blockchain technology's accessibility and scalability, NEAR has gained recognition for its innovative solutions.
Litecoin (LTC) joined NEAR Protocol (NEAR) as a top performer, gaining 5.9%.
Story Highlights The live price of the Near Protocol token is . Near Protocol is predicted to reach a maximum of $10.01 this year. NEAR price with a potential surge could reach a high of $26.43 by 2030. The global crypto market has been generous enough to emerging protocols and its native assets.
FET profited from the rest of the market's bullishness, but is there more they can do?
Dubai-based market maker DWF Labs announces a strategic partnership with Near Protocol to accelerate AI development in Web3, backed by a $20M investment fund.
Tokens related to artificial intelligence are experiencing a significant rise following a report from Franklin Templeton published on January 14, predicting an imminent revolution in social media driven by AI agents. This announcement comes amid a context where the adoption of AI technologies in the crypto ecosystem is rapidly accelerating.
AI agents could launch their own brands, products, music and movies, driving value to social media platforms, the researchers wrote.
Ripple (XRP) was the lone gainer, rising 1.4% from Friday.
The total market cap for AI coins shows a decrease of nearly 22% over the past month, recording a value of $48.07 billion. The total trading volume of the tokens has also followed the same downward token, with a steep decline of nearly 50% to $2.88 billion.
Supply distribution of MANA showed that some of the larger cohorts of holders were accumulating the token since late November.
As cryptocurrencies close the week with a bearish note, attention has switched to specific segments, and artificial intelligence seems poised to dominate crypto trends in the coming weeks and months. Fetch.ai joined the top-trending alts this week after launching an accelerator fund to support AI startups.
After three torrid days of sharp downward price action, the market is beginning the recovery on Friday. Among the frontrunners so far are Sui (SUI), Render (RENDER), and Fantom (FTM).
Cryptocurrencies remained downbeat on Thursday, with most assets reflecting significant losses on their daily charts. While the crypto Fear & Greed Index switched from greed to neutral, Fetch.ai, Dogecoin, and Toncoin topped altcoin trends for various reasons. Let us find out more. Fetch.ai launches startup fund Crypto AI firm Fetch.
Fetch.ai's accelerator could significantly enhance global AI and tech innovation, fostering cross-border collaboration and commercialization. The post Fetch.ai launches startup accelerator to boost AI and emerging tech innovation appeared first on Crypto Briefing.
Fetch.ai has launched a $10 million accelerator program to empower startups in AI agents, quantum computing and high-performance technology.
Render (RNDR) has seen an impressive 29% surge in just seven days, catching the attention of both retail and institutional investors. At press time, RNDR is trading at $8.73, marking a 3% gain in the last 24 hours.
Cryptocurrencies endured a bloodbath over the past day as digital assets plunged following hotter-than-anticipated US labor market data. Most tokens erased their last week's gains following sudden double-digit price dips. Near lost 14% within the past day to trade at $5.13 and appears poised for more pain ahead.
Every year, some altcoins manage to outshine others with their unique technology and strong market demand. These standout performers can give life-changing gains to early backers and showcase exponential growth. In the past, projects like Cardano (ADA) and RENDER have gone from a $10 million market cap to become multi-billion projects.
The cryptocurrency market has always been volatile, but recent signals suggest that NEAR Protocol might be heading into a particularly challenging phase. After enjoying a brief rally that delivered a 17% gain last week, NEAR's upward momentum appears to have fizzled out.
Market conditions suggest a bearish outlook for NEAR.
From all the options, Altura ($ALU), Fetch.ai ($FET), and SingularityNET ($AGIX) look like the top picks. Here's a simple breakdown of why these coins are worth watching.
An MVRV ratio of 1.48 also suggests that Render is in the early stages of a bull market cycle.
AI tokens are struggling to perform despite bullish sentiment around AI stocks in traditional markets.
Render Token ($RENDER) has once again caught the eye of cryptocurrency analysts by forming a notable bullish chart pattern known as the cup and handle. This pattern, identified on the daily chart, has a neckline set at around $10, which is a critical resistance level for the token. Currently trading at $8.
Bitcoin (BTC) surged past $100,000 as it continued its upward momentum in the new year. The cryptocurrency went from a low of $98,760 to $102,413 late on January 6 before dropping marginally to its current level of $101,745.
The Render (RENDER) price has successfully regained momentum by displaying a strong bullish outlook. Reportedly, this Artificial Intelligence (AI) token has soared over 21%, indicating an increase in the adoption process of this technology in real-world applications.
The cryptocurrency market often thrives on unpredictability, and Fetch.ai's FET token has become a beacon of intrigue in recent days. Amid market turbulence, FET has stood out, delivering a 7.5% gain in the past 24 hours.
With current market sentiment, FET could soar by 30% to reach the $2.05 mark.
Artificial Superintelligence Alliance (FET) has displayed a recovering price pattern on its chart, posting a 25% gain this week. While the uptick might seem encouraging, underlying bearish cues suggest the cryptocurrency could be preparing for a significant drawdown.
Both $AVAX and $RENDER are following Bitcoin's lead by being in the green on Monday. Can both of these altcoins continue to copy Bitcoin by getting back to their all-time highs?
Render prices are testing the $8 resistance zone after a 32% price surge over the last two weeks.
Fetch AI, now the Artificial Superintelligence Alliance (ASI) after merging with Ocean Protocol and SingularityNET, is poised for growth amid recent developments. The planned burn of 5 million FET tokens in January 2025 aims to reduce supply, sparking optimism among investors.
NEAR Protocol [NEAR] has started the new year on a high note, with a 10.42% gain in the past 24 hours. This marks its first significant uptick after a challenging December, during which it lost nearly 26% of its value.
NEAR Protocol's price trajectory hints at a short-term rally, but its outlook remains uncertain.
Are you trying to figure out which altcoins could make a difference in your portfolio this week? The crypto market is packed with opportunities, but knowing where to look is key. With innovation driving fresh projects forward, there's always something worth considering if you want to make smart investment choices.
Render Network's 2024 achievements include token upgrades, expanded 3D tool support, AI integrations, and significant community growth, setting the stage for 2025.
The $7 level is acting as strong resistance. If Render breaks above this level, it could indicate a bullish reversal.
The cryptocurrency market is buzzing with anticipation as Fetch.AI (FET) edges closer to a significant breakout. With growing network activity and promising technical indicators, FET might be on the brink of a remarkable 20-30% rally.
FET's growing network activity and bullish setup could trigger a significant 20-30% rally.
FTX, the defunct crypto exchange, will start paying its creditors early next year, capping a process going on since 2022. These payouts may lead to upside in the cryptocurrency industry as recipients buy more coins.
NEAR is currently on a downtrend, but may soon show signs of recovery.
The cryptocurrency market continues its recovery, one asset that's catching the attention of traders and investors alike is RENDER, the native token of the Render network. After showing promising signs of upward momentum, many are speculating that the token could be poised for a substantial rally.
RENDER is doing well, but can it do even better soon?