The post AI Coins Surging as FET and AGIX Gain Over 20% While WienerAI Presale Raises $6M appeared on BitcoinEthereumNews.com.

The AI hype is returning as Fetch.ai and SingularityNET surge over 20% today, with the like of Worldcoin also seeing gains. Meanwhile, new AI token WienerAI is also gaining momentum in its presale as its total raise passes the $6 million mark. All Eyes on AI Coins as Nvidia Eclipses Microsoft AI cryptocurrencies are surging as chip manufacturer Nvidia becomes the world’s most valuable company, taking the top spot from Microsoft on Wednesday. The chip giants’ market capitalization now exceeds $3.3 trillion, which is more than the entire crypto industry or the GDP of the United Kingdom or France. Nvidia’s price is up 209% this year, echoing the continued demand for computational power to train AI models. But Nvidia’s rise to prominence has also brought attention to crypto AI projects, which often aim to democratize access to AI infrastructure.  Fetch.ai and SingularityNET are two of the top performers today.  FET has jumped a whopping 27%, which zeros out its weekly loss. That said, it still has a 32% discount from its price one month ago and almost 51% from its March all-time high (ATH). The project currently holds a $1.4 billion market cap and a $422 million 24-hour trading volume, up 111%. On Tuesday, prominent trader crypto bullet revealed that he is buying Fetch.ai and predicts it will have “one of the strongest bounces.” $FET 1D@Fetch_ai is down almost 70% from since it’s ATH I’m starting to scale into a spot position from here It will very likely have one of the strongest bounces once the market turns bullish again 📈 pic.twitter.com/77mPVCK8dS — crypto bullet 📈 (@SilverBulletBTC) June 18, 2024 Meanwhile, Crypto Rover anticipates the token will hit $10 shortly, providing over a 6x from its current price of $1.66. Moving to SingularityNET, the project has also seen significant growth…

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Filed under: News - @ June 20, 2024 10:26 pm