AI Tokens to Buy Now: TAO Eyes $1,000, FET $5, Worldcoin Longs $12
The post AI Tokens to Buy Now: TAO Eyes $1,000, FET $5, Worldcoin Longs $12 appeared on BitcoinEthereumNews.com.
The post AI Tokens to Buy Now: TAO Eyes $1,000, FET $5, Worldcoin Longs $12 appeared first on Coinpedia Fintech News With the Bitcoin price reaching above $68,000 momentarily, the anticipation of a new altcoin high by the end of the year is increasing. Amid the increasing chances of a bull run following the altcoin rally, the AI tokens quickly grow. Based on the recent tweet by SpotOnChain, highlighting the five top-performing AI tokens, here are the top three tokens you should consider buying. Top AI Crypto Tokens To Buy: Bittensor (TAO) BitTensor (TAO) has a year-to-date growth of 104%, with the biggest market cap in the AI segment. The TAO token currently trades at $577, with a monthly high of $683. Tradingview The BitTensor project has a market cap of $4.24 billion, with 37% of the total supply being unlocked in 2025. The limited liquidity is one of the key drivers of the bullish trend. Meanwhile, 77.7% of the available circulating tokens being staked limits the actual available tokens in the market, further declining the liquidity available and boosting the market price. In the daily chart, the TAO token is currently struggling to sustain dominance above the $600 mark while taking resistance from the 100% Fibonacci level at $624. However, the short-term sideways trend leads to a bearish crossover in the MACD and signal line. Nevertheless, the rounding-bottom reversal and the Fibonacci retracement levels paint the next potential target at $1,211. Hence, the AI token is likely to overcome the $1,000 psychological mark by the end of the year. Artificial Superintelligence Alliance (FET) With a 12.6% return this year, the Artificial Superintelligence Alliance is one of the top AI tokens to watch out for. With most tokens being unlocked and in circulation, the available liquidity hardly impacts the current…
Filed under: News - @ October 18, 2024 12:24 pm