Thanks, Nvidia: These 3 AI Crypto Tokens Are Up 132% or More This Year

From Nasdaq: 2024-05-15 07:20:00

Bitcoin has stalled but AI-connected crypto tokens are still thriving, with some up over 132% for the year. Three popular tokens include Render, up 132%, Fetch.ai, up 208%, and SingularityNET, up 193%. These tokens benefit from the growing enthusiasm around artificial intelligence and its potential impact on the crypto market.

Render token offers GPU-based rendering solutions, while Fetch.ai is building a decentralized machine learning network with a crypto economy. SingularityNET focuses on artificial general intelligence (AGI), aiming for a future where AI surpasses human capabilities and requires massive computing power, potentially from Nvidia GPUs.

Investors are keeping an eye on AI crypto tokens with ties to Nvidia, a leader in AI technology. However, the AI investment thesis is still evolving, so it’s important to stay informed on market trends. The three highlighted tokens show promise in capitalizing on the current excitement around AI in the crypto market.

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