Several AI tokens lead the crypto market with heavy gains following a 60% rise in FET. Nvidia's earnings are considered an indicator of the global health of the Artificial Intelligence sector. Analysts expect a Q2 revenue of $28.7 billion and earnings per share of $0.65. Several AI tokens, including FET,
and Protocol , have posted huge gains as the market anticipates Nvidia's Q2 earnings on August 28. These AI tokens have potential for further rise if Nvidia posts positive earnings Artificial intelligence tokens were among the largest gainers in the crypto market in the past week following anticipation of Nvidia's Q2 earnings on Wednesday. In the 7-day time frame, Artificial Superintelligence Alliance leads the sector with gains of over 61%.
is just a little behind, posting an increase of 36%. Protocol , Internet Computer , Bittensor , The Graph and Akash Network also saw notable gains, rising 21%, 14%, 19%, 14% and 26%, respectively. Top AI tokens While most of these tokens currently trade in the red, their outlook could change in the coming days if Nvidia's Q2 earnings come out positive. However, they could flip bearish if the Q2 earnings underperform expectations, as short-term holders may decide to book profits.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »