AI tokens lose $4.69B market cap in 3 days — When ‘UPtober?'
AI and big data tokens lose ground, with NEAR suffering the biggest hit amid a broader market decline.
Keep up with what's happening in the crypto world in real-time.
AI and big data tokens lose ground, with NEAR suffering the biggest hit amid a broader market decline.
With BTC's price holding its value above the $64k level, the market has experienced increased bullish action. Moreover, the memecoin and AI categories have recorded the highest gains within a short period.
NEAR Protocol has seen remarkable bullish momentum over the past two weeks, with its price surging by more than 50%. Despite facing resistance at a key price level, the altcoin remains well-positioned for further gains.
NEAR Protocol has been one of the standout performers in the crypto market recently, posting remarkable gains and drawing the attention of investors. Over the past week, NEAR has surged by 34.5%, and it continued this momentum with a 12% increase in just the last 24 hours, as reported by Coin Market Cap.
Uniswap joined NEAR Protocol as top performer, gaining 3.9%.
A crypto strategist closely followed for well-timed altcoin predictions thinks one Ethereum (ETH) challenger is ripe to ignite big upside bursts. Pseudonymous analyst Bluntz tells his 275,500 followers on the social media platform X that Near (NEAR) has taken out the diagonal resistance of a falling wedge pattern on the three-day chart.
Near Protocol (NEAR) has been making significant strides in the cryptocurrency market, thanks to its unique features such as high transaction speeds, low fees, and a commitment to climate neutrality. Currently trading at approximately $5.17, NEAR has attracted considerable attention from investors seeking promising opportunities.
NEAR's recent rally has catapulted it to the forefront of the week's top-performing cryptocurrencies.
Check out which cryptocurrencies were involved in the most discussions on September 23.
NEAR extends its 50% gain as user activity, network TVL and a critical network upgrade boost interest in the blockchain.
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.