AI Coins Surging as FET and AGIX Gain Over 20% While WienerAI Presale Raises $6M

AI Coins Surging as FET and AGIX Gain Over 20% While WienerAI Presale Raises $6M

The AI hype is returning as Fetch.ai and SingularityNET surge over 20% today, with the like of Worldcoin also seeing gains.

Meanwhile, new AI token WienerAI is also gaining momentum in its presale as its total raise passes the $6 million mark.

All Eyes on AI Coins as Nvidia Eclipses Microsoft

AI cryptocurrencies are surging as chip manufacturer Nvidia becomes the world’s most valuable company, taking the top spot from Microsoft on Wednesday.

The chip giants’ market capitalization now exceeds $3.3 trillion, which is more than the entire crypto industry or the GDP of the United Kingdom or France.

Nvidia’s price is up 209% this year, echoing the continued demand for computational power to train AI models.

But Nvidia’s rise to prominence has also brought attention to crypto AI projects, which often aim to democratize access to AI infrastructure. 

Fetch.ai and SingularityNET are two of the top performers today. 

FET has jumped a whopping 27%, which zeros out its weekly loss. That said, it still has a 32% discount from its price one month ago and almost 51% from its March all-time high (ATH).

The project currently holds a $1.4 billion market cap and a $422 million 24-hour trading volume, up 111%.

On Tuesday, prominent trader crypto bullet revealed that he is buying Fetch.ai and predicts it will have “one of the strongest bounces.”

Meanwhile, Crypto Rover anticipates the token will hit $10 shortly, providing over a 6x from its current price of $1.66.

Moving to SingularityNET, the project has also seen significant growth today. It is currently trading at $0.67, up 25%, but down 2% this week, and 35% this month. It’s also down over 50% from its March high.

Like FET, analysts have high hopes for AGIX. In a recent analysis, PipSnipers notes that the project is trading in a macro ascending wedge and predicts the next wave will push it to highs of $4.9.

With the dominance of Nvidia in the stock market, market conditions could not be better for AI-themed cryptocurrencies.

One of the latest projects to cause a stir is WienerAI, a new meme coin-themed AI trading bot currently in its presale.

Is This the Next AI Coin to Explode? WienerAI Presale Raises $6M as Analyst Eyes 100X Returns

While its AI functionality does the heavy lifting, WienerAI has a meme coin community-facing exterior, causing a buzz among beginners and more speculative traders.

This combination of cutting-edge innovation and memetic playfulness has led to striking success, with over $6 million raised in the 1presale.

The project’s bread and butter is an AI-enhanced trading bot that will scour the market for trading opportunities based on criteria laid out by users.

Once it finds opportunities that the user is happy with, it can take advantage of its automated trade execution from a seamless and intuitive user interface.

While dialing up the users’ trading abilities, the WienerAI bot tackles the perplexing user experience of buying crypto on-chain.

For that reason, WienerAI is a huge deal in the DeFi domain.

In addition to support from investors, prominent industry experts have hailed the new crypto presale.

In a recent video, the Crypto News YouTube channel said it has 100x potential.

The current WienerAI presale price is $0.00072, but this will rise throughout the campaign, with the next uptick in just one day.

Visit WienerAI Presale

Source: https://blockchainreporter.net/ai-coins-surging-as-fet-and-agix-gain-over-20-while-wienerai-presale-raises-6m/