AI cryptos, simple deception? Nothing is less sure. Despite the criticism, these tokens persist, defying comparison to a mere flash in the pan. Instead of flagging, these AI-driven digital assets continue to impress. The latest data suggests that this trend is not about to weaken.
AI cryptos: a meteoric rise before the Nvidia conference
It seems that even the reservations expressed by famous Coinbase analyst David Han have not shaken the investor confidence in these AI cryptocurrencies. At the same time, the dynamism of the artificial intelligence sector, illustrated by the arrival of OpenAI’s Sora on the scene or the performance of Nvidia, further strengthens the position of AI tokens.
According to CoinGap, Artificial Intelligence (AI) cryptocurrencies have orchestrated a frantic dance in recent weeks, against a backdrop of major upheavals in the global AI panorama. CoinGecko data reveals a 16% surge in the AI crypto index over the last 24 hours, propelling their total capitalization beyond the 26 billion dollars – $25 billion 10 days ago, with trading volume exceeding $3.5 billion.
Growing anticipation for Nvidia’s upcoming GTC conference has injected undeniable momentum into the AI token marketprices soaring by more than 16.8% in just one day. RNDR leads the way with a remarkable rise of 17.4%, followed closely by TAO, showing an increase of 7.5%. For his part, FET recorded a notable increase of 14%, reinforcing the general optimism before the event.
Rosnet, Precipitate.ai and LaLM AI shine among the day’s biggest gainers, each soaring more than 50%.
The craze invariably focuses on AI, propelling altcoins dedicated to this area to meteoric gains. Fetch.AI (FET) saw a staggering 528% surge in just 28 days, while Worldcoin (WLD) skyrocketed by 456% over the same period. As the Nvidia AI conference approaches, the excitement is palpable, promising new heights for these AI gems.
Nvidia: Expectations are rising ahead of the GTC conference
The day before Nvidia’s flagship event, all eyes are on Jensen Huang, ready to reveal the company’s future plans. Historically, the GTC conference was the scene of major launches. Last year, Hopper and H100 were unveiled, becoming benchmarks in AI. This year, successors to these products are expected, sparking great anticipation.
The recent announcement of the Blackwell B100 AI GPU gives a taste of what could be revealed. Nvidia’s innovations promise to profoundly impact the AI and graphics processing industry.
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