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Artificial intelligence cryptos stole the show today as Bitcoin retraced from the crucial resistance at $64K. The total market capitalization of all AI digital assets increased by 10.7% in the past day to $29.9 billion, with 24-hour trading volume above $2.5 billion, according to CoinGecko data.
Bitcoin remained steady above $63,000 on Tuesday, showing resilience after a brief rejection above $64,000. Despite minor fluctuations in the broader cryptocurrency market, Bitcoin held firm, while altcoins like Cardano and NEAR Protocol surged, leading gains by up to 7%. In the past 24 hours, Bitcoin dipped slightly by 0.2%, trading around $63,400.
NEAR Protocol is currently one of the top performers in the market, with bulls aiming to capitalize on the uptrend to break through a key psychological barrier.
STX and ICP are the other notable gainers within the past day.
As Bitcoin bears continue to defend the resistance at 200-day MA, some altcoins display strength. Ethereum trades at $2,612 while the BinanceCoin price crosses $600. Besides, Solana, XRP, Dogecoin, and Cardano consolidate below their respective resistances at $150, $0.6, $0.12, and $0.4.
The crypto market teases a bull market ahead, with the Bitcoin price rejecting targets below $63,000 and aiming for a breakout rally to surpass $64K. Amid such conditions, the social engagement of AI crypto tokens, gaming tokens, and meme coins is rising. Based on Lunar Crush's top coins, TAO ranks among the top AI tokens.
The Bitcoin dominance chart has formed a rising wedge pattern and could have topped out under the resistance at 60%.
Near Protocol (NEAR) finds itself at a pivotal juncture. As the market experiences a flurry of activity, NEAR is positioning itself for a potential surge towards $8.5, even while grappling with significant resistance levels.
NEAR Protocol (NEAR) price has experienced a significant increase following a positive market movement. The NEAR is currently on an upward trajectory.
Artificial intelligence-related cryptocurrencies have recorded impressive gains after Nvidia teamed up with Alibaba. According to data provided by CoinGecko, AI tokens recorded a 5.9% surge over the past day.
NEAR is at a crossroad but has a better tendency of rallying.
NEAR Protocol (NEAR), a layer-one blockchain, has experienced a significant uptick in its market value recently. This surge indicates potential for further increases as the asset continues to exhibit a bullish trend.
NEAR Protocol [NEAR], one of the standout altcoins in the crypto space, has captured investor attention once again with a significant surge in both price and activity. At press time, NEAR was trading at $4.47, having gained an impressive 12% in just a short period.
63% of NEAR traders on Binance have opened long positions, showing a bullish bias.
Uniswap, up 3.3%, also lead gainers in overnight trading.
Artificial Intelligence (AI) coins could be preparing to surge as Intel stock (NASDAQ: INTC) surged nearly 8% in extended trading hours on Monday. The increase comes after Intel CEO Pat Gelsinger provided an update on the company's plans to slash costs and turn around its business.
NEAR Protocol, a decentralized blockchain platform designed for developing and running decentralized applications (dApps), has announced a new partnership with Nillion Network.
Explore the potential of the upcoming altcoin season as we analyze the trajectory of 5 major coins primed to ride Bitcoin's market momentum. Understand what triggers altcoin season and how it impacts your cryptocurrency investments.
AI tokens have surged in popularity, signaling a strong shift in investor focus from memecoins to AI-driven projects.
TL;DR Nillion integrates with NEAR Protocol to enhance data privacy and storage within the blockchain ecosystem. It will allow NEAR developers to use advanced privacy tools that accelerate data processing. It will facilitate the creation of privacy-respecting applications and promote the development of private artificial intelligence and privacy solutions in the DeFi ecosystem.
Nillion privacy-preserving tools for data processing could have implications for computationally heavy use cases like AI on NEAR.
The cryptocurrency market continues to surprise both newcomers and veterans alike, with explosive growth seen in some of the more well-established projects. However, a new contender has entered the space: GoodEgg (GEGG), an AI-driven meme coin priced at just $0.00015.
The community will now move forward with proposals supporting the development of its core protocol software.
As Near Protocol (NEAR) continues to navigate market fluctuations, a new contender is emerging in the crypto world—GoodEgg (GEGG), an AI-powered meme coin poised to shake up the landscape.
