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Explore the potential of the upcoming altcoin season as we analyze the trajectory of 5 major coins primed to ride Bitcoin's market momentum. Understand what triggers altcoin season and how it impacts your cryptocurrency investments.
AI tokens have surged in popularity, signaling a strong shift in investor focus from memecoins to AI-driven projects.
TL;DR Nillion integrates with NEAR Protocol to enhance data privacy and storage within the blockchain ecosystem. It will allow NEAR developers to use advanced privacy tools that accelerate data processing. It will facilitate the creation of privacy-respecting applications and promote the development of private artificial intelligence and privacy solutions in the DeFi ecosystem.
Nillion privacy-preserving tools for data processing could have implications for computationally heavy use cases like AI on NEAR.
The cryptocurrency market continues to surprise both newcomers and veterans alike, with explosive growth seen in some of the more well-established projects. However, a new contender has entered the space: GoodEgg (GEGG), an AI-driven meme coin priced at just $0.00015.
The community will now move forward with proposals supporting the development of its core protocol software.
As Near Protocol (NEAR) continues to navigate market fluctuations, a new contender is emerging in the crypto world—GoodEgg (GEGG), an AI-powered meme coin poised to shake up the landscape.
The crypto markets witnessed a steep pullback in the past few days, which dragged the Bitcoin price below $54,000. Fortunately, the price triggered a V-shaped recovery in the next few days, which stabilised the entire market. In the meantime, the memecoins, the Solana ecosystem tokens and the AI tokens have been gaining significant strength.
A widely followed crypto analyst is predicting one Ethereum (ETH) competitor is gearing up for a massive breakout. Crypto trader Michaël van de Poppe tells his 725,300 followers on the social media platform X that NEAR Protocol (NEAR) could soar 275% from its current value within six months.
NEAR Protocol has recently experienced a resurgence, with its price increasing by over 2% last week and an additional 3% rise in the past 24 hours. As of the latest data, NEAR is trading at approximately $4.02, and the token's market capitalization stands at over $4.5 billion.
NEAR is potentially overcoming its monthly decline of 2.20% as activities intensify.
Near protocol might reclaim $15 if a few conditions are met over the coming months.
The growth of Artificial Intelligence (AI) chip maker Nvidia (NVDA) has sparked a positive upswing in AI coins. The company stock price soared in the last 24 hours moving past speculations of a Department of Justice (DOJ) probe.
NEAR hovered near the critical $3.5 support, with bulls needing a breakout above key EMAs to avoid further downside toward $2.6.
NEAR Protocol has had a turbulent time recently. Over the last four weeks, NEAR has seen its value decrease by approximately 10.61%, with a more pronounced 16.48% drop in the past week.
Story Highlights The live price of the Near Protocol token is . Near Protocol is predicted to reach a maximum of $7.28 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.
AI coins are on investors radar for a potential surge, as Nvidia stock holds firm with a $165 price target despite recent market turbulence. Analysts remain confident in Nvidias growth prospects, sparking renewed interest in the AI sector.
The AI coins have went through a topsy-turvy phase lately, amid a volatile scenario in the broader crypto market. In addition, the recent crash in the Nvidia stock has further dampened the market sentiment, causing a massive selloff in both the stock and crypto markets.
Yesterday around 08:00 pm (UTC+2), the profile X of the cryptographic project Near Protocol was compromised.
AI tokens' recovery highlights market sensitivity to regulatory news, underscoring the volatility and investor sentiment in the tech sector. The post AI tokens rally as Nvidia refutes DOJ subpoena reports appeared first on Crypto Briefing.
Near Protocol's X page was apparently breached by hackers who seemed uninterested in promoting sham airdrops or rug pulls. On Sept. 4, bizarre posts were seen published from the X account of layer-1 proof-of-stake blockchain, Near protocol (NEAR).
TL;DR Nvidia Subpoenaed: The U.S. Department of Justice issued a subpoena to Nvidia on September 3, sparking market turmoil and significant losses in AI-related tokens. Market Impact: Nvidia's shares dropped by 8.3% this week, while AI tokens fell by an average of 7.1%, outpacing declines in major cryptocurrencies like Bitcoin and Ethereum.
Market consensus suggests that NEAR is on the cusp of a rally, supported by several key factors.
While the market has rebounded following a poor start to the month in September, some altcoins are still struggling with the leftover bearishness. NEAR continues with the list of altcoins that keep up their losses even as the majors, including Bitcoin and Ethereum, recover from their respective slumps.
