AI tokens soar, pushing market cap up billions in days. NEAR and ICP lead the surge, while FET and RENDER post standout gains.While the broader crypto market has been relatively lukewarm recently, AI-related tokens have experienced significant growth. Over the last seven days, these tokens have seen massive value increases, driving a substantial rise in their overall market capitalization.
Among the top five AI tokens, the most significant increases have come from Artificial Superintelligence Alliance and Render . These assets have outperformed others in the group, reflecting heightened interest.Recent data indicates that over the last seven days, Artificial Superintelligence Alliance and Render have experienced significant increases in their values, with FET seeing over a 50% increase and RENDER gaining more than 30%.
These substantial gains have positioned FET and RENDER as the biggest contributors to the overall surge in the market capitalization of AI tokens.However, this trend was briefly interrupted in the last trading session. During that session, FET saw a slight decline of 2.16%, closing the day at around $1.33.However, as of this writing, the positive momentum has resumed, with FET’s price increasing by over 3%, bringing it to approximately $1.38.
The current trend remains bullish, and the token’s Relative Strength Index is around 70, suggesting it is approaching or has entered the overbought territory.has significantly contributed to the recent surge in the market capitalization of AI tokens. Like Artificial Superintelligence Alliance , RENDER experienced consecutive uptrends before encountering a brief interruption in the last trading session.