The AI frenzy is making a comeback as Fetch.ai and SingularityNET experience significant surges of over 20% today, joining the ranks of Worldcoin in seeing gains. At the same time, WienerAI, a new AI token, is gaining momentum in its presale, surpassing the $6 million mark in total funds raised.
All eyes are now on AI coins as chip manufacturer Nvidia surpasses Microsoft to become the world’s most valuable company. Nvidia’s market capitalization now exceeds $3.3 trillion, surpassing the entire crypto industry as well as the GDP of the United Kingdom and France. This rise in value reflects the growing demand for computational power to train AI models.
However, Nvidia’s ascent to the top has also drawn attention to crypto AI projects that aim to democratize access to AI infrastructure. Fetch.ai and SingularityNET are among the top performers in the market today. FET has experienced an impressive jump of 27%, erasing its weekly loss. Although it still has a 32% discount from its price one month ago and nearly 51% from its all-time high in March. The project currently holds a market cap of $1.4 billion and a 24-hour trading volume of $422 million, an increase of 111%.
Prominent trader Crypto Bullet has revealed that he is buying Fetch.ai and predicts that it will experience “one of the strongest bounces” once the market turns bullish again. Crypto Rover anticipates that the token will soon reach $10, providing over a six-fold return from its current price of $1.66.
Moving on to SingularityNET, the project has also shown significant growth today. It is currently trading at $0.67, up 25% but down 2% this week and 35% this month. It has also declined by over 50% from its March high. Analysts have high expectations for AGIX, with PipSnipers predicting that the project will reach highs of $4.9.
With Nvidia dominating the stock market, the conditions are favorable for AI-themed cryptocurrencies. One of the latest projects to generate excitement is WienerAI, a new meme coin-themed AI trading bot currently in its presale stage. Despite its meme coin exterior, WienerAI’s AI functionality has attracted attention from both novice and speculative traders. This unique combination of cutting-edge innovation and memetic playfulness has led to impressive success, with over $6 million raised in the presale.
The core of the project is an AI-enhanced trading bot that utilizes user-defined criteria to identify trading opportunities in the market. Once suitable opportunities are found, the bot executes automated trades through a user-friendly interface. WienerAI also aims to improve the user experience of buying crypto on-chain, making it a significant player in the DeFi domain.
In addition to investor support, industry experts have praised the ongoing WienerAI presale. The Crypto News YouTube channel has even suggested that the project has 100x potential. The current presale price for WienerAI is $0.00072, with subsequent increases expected throughout the campaign.
To participate in the WienerAI presale, visit their website.
