Join Our Telegram channel to stay up to date on breaking news coverage
AI crypto coins soared after Nvidia’s earnings beat analysts expectations with SingularityNET (AGIX) topping the major gainers with a 34.5% surge
Other major tokens to benefit included Render (RNDR), Akash Network (AKT), Bittensor (TAO), and Fetch.AI (FET), all of which recorded double-digit gains.
TradingView: RNDR/USDT 1-day chart, AKT/USDT 1-day chart, FET/USDT 1-day chart, AGIX/USDT 1-day chart
Worldcoin (WLD), a project co-founded by OpenAI CEO Sam Altman, soared 21% in the last 24 hours to trade at a record high of $8.27 at 04:51 EST. The total market capitalization of AI crypto tokens surged 6% to surpass $17 billion, according to CoinGecko.
Because of a great #Nvidia earnings report, #AI coins have been surging! 🚀
Here is the performance of AI #crypto on Wirex:
📈 $AGIX – $0.7067 (+35.5%)
📈 $RNDR – $7.28 (+19.0%)
📈 $FET – $1.13 (+14.3%)Tell me in the comments, what are you trading today? 🤔👇 pic.twitter.com/xAoZmuCAS8
— Wirex (@wirexapp) February 22, 2024
Nvidia Earnings
The Nvidia price is up 13% in premarket trading after reporting earnings per share in the fourth quarter had hit $5.16, higher than market estimates of $4.59 per share. Its revenues during the quarter hit $22.1 billion, which also surpassed Wall Street’s estimate of $20.4 billion.
Nvidia’s solid fourth-quarter results come amid surging demand for Nvidia’s AI chips, with Goldman Sachs calling the company “the most important stock on planet earth.”
AI Presale Tokens
If you missed the rally in AI coins driven by Nvidia’s stellar earnings, you can still consider investing in AI presale tokens, two of the most prominent being Scotty the AI and eTukTuk.
Scotty the AI (SCOTTY) is a promising AI project that analysts say has the potential to return 10x gains on launch. The project is an AI-meme coin hybrid that combines two of the hottest themes in crypto. The SCOTTY presale is ongoing, with the token priced at $0.00555.
eTukTuk (TUK) has also triggered the interest of crypto investors and promotes itself as the AI-integrated, eco-friendly future of transportation. The electric vehicle project is tackling the challenge of climate change and urban mobility in developing economies, with investors rushing to participate in the presale with tokens priced at $0.027.
Also Read
- Fetch.ai Price Prediction: FET Pumps Another 5% As Top Analyst Predicts Imminent Breakout And Experts Say This Innovative New AI Meme Coin Might 10X
- Render Price Prediction: RNDR Pumps 40% In A Week On OpenAI Sora Effect, But Traders Still Flock To This Other ICO For 100X Gains
- Worldcoin Price Prediction: Sam Altman’s WLD Soars To New ATH On Sora AI Launch, But Experts Say This New Solana Meme Coin Might Be The Best Crypto To Buy Now
Most Searched Crypto Launch - Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards - pepeunchained.com
- $10+ Million Raised at ICO - Ends Soon
Join Our Telegram channel to stay up to date on breaking news coverage
