AI-Based Crypto Assets Surge Ahead Of Nvidia’s Q2 Earnings Report

Author: Nidhi Kolhapur

Nidhi Kolhapur

Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Aug 26, 2024 12:35

As Nvidia’s Q2 Earnings report are eagerly awaited, the AI-based crypto assets have been surging over the past week. AI tokens such as Near Protocol (NEAR), Artificial Superintelligence Alliance (FET), Bittensor (TAO), and Render (RENDER) have seen gains outpace the wider crypto market over the past week. Nvidia will release its second-quarter results on Wednesday, Aug. 28, which is described to be “the most important tech earnings in years”. Nvidia stock (NVDA) has skyrocketed a whopping 180% over the past 12 months, hitting an all-time high of $135 in mid-June.