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The Node AI price surged 19% in the last 24 hours to trade at $1.24 as of 4 a.m. EST on trading volume that skyrocketed 98% to $2.1 million.
The project’s pump comes as the crypto market collectively started seeing a recovery, led by Bitcoin’s 3% jump in the last 24 hours.
Node AI far outperformed BTC, and it used the new wave of attention to state its mission — capturing the demand of two fast-growing industries: Blockchain and AI.
In a recent post on X, the project stated that it empowers developers and enterprises to leverage cutting-edge technology for AI applications by providing a robust, decentralized GPU network.
It also noted that it offers innovative solutions to bridge the gap between these two revolutionary fields, ensuring scalability, efficiency, and security.
NodeAI has positioned itself to capture the demand of two fast-growing industries: blockchain and #AI.
By providing a robust, decentralized $GPU network, we're empowering developers and enterprises to leverage cutting-edge technology for AI applications.
With our innovative… pic.twitter.com/7eWgz8ISpQ
— Node AI | $GPU (@NodeAIETH) July 29, 2024
Node AI is relatively new on the crypto scene, being out only a few months now. After the initial surge throughout March, the project reached an ATH at $2.89 on April 2, and it has been correcting until July 11.
Since then, a new wave of growth started, and it is still ongoing. Better yet, the project’s ATH shows that there is plenty of room left to grow, and the bulls will likely continue pushing until the GPU token hits a new record.
Node AI Price Prediction
The Node AI price has been surging over the weekend, especially throughout Sunday, and the price increase continued earlier today, July 29. Since then, the token saw a small correction after hitting the barrier at $1.40, but the drop was stopped by a support at $1.25. Since then, the price has already started recovering.
Multiple technical indicators also suggest that the GPU price is likely to bounce back up and retest the resistance, such as Bollinger bands, which have continued widening since yesterday. The correction did not affect them very much, suggesting that there is still bullishness among the traders.
The project’s Relative Strength Index (RSI) value dropped from the overbought zone to the neutral area, suggesting that some traders have opted to take profits, but there was no panic selling among the others. Instead, it is likely that many will use this opportunity to buy the dip, and potentially pump the token’s price back up.
Of course, there are no guarantees, and if the market turns bearish, GPU will likely follow the rest. On the plus side, the project has shown that it is more than ready to outperform even the major cryptos, given the opportunity.
A Promising Alternative to Node AI
The Node AI price could see a new wave of growth in hours to come, but right now traders should be aware of an important opportunity in the meme coin market which will only last for a short time.
WienerAI (WAI), one of the most popular meme coin presales of the year, which is approaching the $9m mark in funds raised, is about to conclude its presale.
WienerAI is making final calibrations!
The presale ends in just 2 days. This is your last chance 🤖🚀 pic.twitter.com/ieHkhv4Bsk
— WienerAI (@WienerDogAI) July 29, 2024
The ICO will end in less than 2 two days, making this the last chance to invest before that happens. The token’s price is $0.00073 apiece, and the demand is massive. Not only that, but it just skyrocketed when a crypto whale invested $370,000 into the project, pushing it that much closer to the $9 million milestone.
WienerAI has attracted popularity due to its upcoming trading bot, which uses AI and predictive technology to scour the market for the best opportunities and suggest them to the trader.
As such, it could revolutionize trading and make most of your trades successful and highly profitable. On top of that, the project emerged as a meme coin that combines a dog, a sausage, and artificial intelligence, and with the meme coins dominating 2024, it is no surprise that it attracted attention.
But, while many came for the meme, they stayed and invested in the upcoming bot. The project even impressed major crypto YouTuber Jacob Crypto Bury, who has over 41.7k subscribers. He speculated that this could easily be the next 10x potential crypto.
Now is the last chance to buy before the ICO concludes, and the project sees its first listings. Once that happens, the best opportunity to make sizable profits will likely be gone.
Visit the official WAI website here.
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