AI tokens could see gains as market participants awaiting NVIDIA earnings

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Cryptocurrencies Nouvelles

Fetchai,Render

Native cryptocurrencies of several blockchain projects using Artificial Intelligence (AI) could register gains in the coming week as the market prepares for NVIDIA earnings report.

Cryptocurrencies in the Artificial Intelligence category could see gains as the market prepares for NVIDIA earnings next week. Shares of NVDA have emerged as the poster child for AI crypto tokens, assets noted a rally post the previous earnings report. AI tokens noted gains in their prices in the last week of February 2024, responding to NVIDIA earnings.

3 trillion company’s stock emerged as a poster child for the crypto AI sector and gains in the stock catalyzed a rally in cryptocurrency tokens. Data from CoinGecko shows, Fetch.ai , Render , the Graph , Bittensor , Akash Network , SingularityNET have sustained their gains from the past seven days while most tokens suffered a correction in the past 24 hours.

 

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