Adobe
Stock
/
Shuo
AI
cryptos
are
taking
off
amid
ongoing
breakthroughs
and
positive
news
in
the
AI
space.
SingularityNET
(AGIX)
is
experiencing
an
impressive
gain
of
almost
10%
in
the
past
24
hours,
for
example,
and
is
currently
the
second-largest
AI
cryptocurrency
in
terms
of
trading
volume.
One
breakthrough
driving
the
dash
to
AI
coins
is
the
success
of
Nvidia
and
its
stock.
The
Silicon
Valley
tech
titan
is
on
the
brink
of
a
landmark
achievement
after
an
impressive
sales
forecast
and
a
spike
in
demand
for
its
artificial
intelligence
(AI)
processors.
The
ambitious
firm
has
set
its
sights
on
being
the
first-ever
chipmaker
to
surpass
a
valuation
of
$1
trillion.
The
latest
surge
in
Nvidia’s
shares
came
in
response
to
a
bold
$11bn
sales
prediction
for
the
coming
quarter
ending
in
July,
an
estimate
exceeding
previous
Wall
Street
forecasts
by
over
50%.
This
has
significantly
bolstered
Nvidia’s
market
capitalization,
bringing
it
close
to
the
coveted
$1
trillion
mark.
These
strong
financial
figures
underscore
Nvidia’s
unique
position
in
the
industry
as
a
leader
in
AI.
The
company
has
cited
an
exponential
surge
in
demand
for
computing
power
across
several
sectors,
from
cloud
and
internet
companies
to
automotive,
finance,
healthcare,
and
telecoms.
Nvidia’s
high-powered
H100
processor
has
become
a
sought-after
resource,
notably
among
tech
giants
and
AI
startups
like
OpenAI
and
Anthropic.
These
entities
have
been
raising
billions
in
venture
funding,
further
fueling
the
demand
for
advanced
AI
capabilities.
Notably,
the
firm’s
CEO,
Jensen
Huang,
believes
generative
AI
has
become
the
main
workload
of
data
centers,
prompting
a
shift
towards
accelerated
computing.
As
mentioned,
cryptocurrencies
that
are
related
to
artificial
intelligence
are
also
seeing
a
considerable
surge
in
prices,
as
per
recent
reports
by
CoinMarketCap.
Besides
SingularityNET
(more
on
it
below),
Cortex’s
CTXC
token
and
the
Measurable
Data
Token
(MDT)
have
both
experienced
a
rise
of
6%
and
6.5%,
respectively,
with
CTXC
trading
at
$0.17
and
MDT
at
$0.04
per
token.
Render
Network,
a
bigger
company
with
a
market
capitalization
of
$1.004
billion,
is
also
witnessing
a
rise
of
nearly
8.76%
in
its
RNDR
token,
which
is
currently
trading
at
$2.74.
Newcomers
in
the
space
such
as
AiDoge
and
yPredict
are
also
attracting
a
lot
of
attention,
with
their
presales
gaining
momentum
fast
(more
on
these
below).
SingularityNET
(AGIX)
Price
Prediction
&
Technical
Analysis
Moving
back
to
SingularityNET,
its
token
AGIX
recently
bounced
off
the
Fib
0.618
support
at
$0.2643
and
then
hit
an
intraday
high
of
$0.3088.
However,
the
price
met
selling
pressure
when
it
tested
the
Fibo
0.236
level
at
$0.3025.
Here’s
a
closer
look
at
what
the
technical
indicators
suggest.
Navigating
the
Path
with
20-day
and
50-day
EMA:
From
Recovery
to
Resilience
The
short-term
20-day
EMA,
standing
at
$0.2804,
is
highly
responsive
to
recent
price
changes.
This
EMA
currently
suggests
that
AGIX
is
on
a
potential
path
to
recovery
as
it
lies
above
the
current
price
of
$0.2910,
serving
as
a
short-term
support
line.
On
the
other
hand,
the
medium-term
50-day
EMA,
positioned
at
$0.3188,
presents
a
hurdle
that
AGIX
needs
to
clear
to
set
forth
a
bullish
trend.
This
EMA
serves
as
an
important
resistance
level,
intensifying
the
scene
before
the
resistance
at
the
Fibonacci
0.236
level
at
$0.3025.
Investors
should
closely
observe
AGIX’s
response
to
these
price
levels,
as
they
could
foreshadow
potential
market
movements.
RSI:
A
Possible
Breakout
The
RSI,
a
momentum
oscillator
used
to
gauge
the
speed
and
change
of
price
movements,
is
currently
at
50.53,
up
from
yesterday’s
42.78.
The
RSI,
sitting
just
above
the
neutral
50
mark,
indicates
a
possible
breakout.
This
suggests
that
AGIX
is
starting
to
gain
momentum
and
might
just
be
on
its
way
up.
MACD
Histogram:
Bullish
Signs
Emerging
The
MACD
histogram
also
adds
to
this
narrative
of
a
potential
upward
trend.
The
MACD
histogram
is
currently
at
0.00660,
up
from
yesterday’s
0.00568.
An
increasing
MACD
histogram
can
often
signal
a
bullish
market
condition,
reinforcing
the
perspective
that
bullish
momentum
is
building.
Resistance
and
Support
Levels:
Crucial
Points
to
Watch
In
terms
of
resistance,
the
Fib
0.236
level
at
$0.3025
serves
as
the
immediate
hurdle
for
AGIX,
followed
by
the
50-day
EMA.
On
the
other
hand,
the
immediate
support
is
the
Fib
0.382
level
at
$0.2879.
These
are
the
key
levels
that
traders
should
watch
closely
as
they
can
offer
potential
entry
or
exit
points
and
signal
potential
trend
reversals.
Given
the
above
analysis,
the
immediate
future
of
AGIX
seems
to
be
delicately
balanced.
Despite
recent
selling
pressure,
several
indicators
suggest
that
AGIX
could
be
primed
for
a
bullish
trend.
However,
the
critical
resistance
and
support
levels
will
play
a
pivotal
role
in
dictating
the
future
price
action
of
AGIX.
AiDoge:
The
Next
Big
Thing
in
AI
and
Meme
Coins
Another
AI
cryptocurrency,
AiDoge
is
also
gaining
momentum.
AiDoge
is
a
platform
that
uses
AI
to
generate
and
share
memes,
and
it
has
gained
significant
attention
in
its
presale.
Its
“Meme-to-Earn”
(M2E)
concept
is
one-of-a-kind,
allowing
it
to
experience
an
explosive
presale
and
raise
almost
$14
million
in
less
than
a
month.
The
AiDoge
platform’s
$AI
token,
distinct
from
ArbDoge’s
$AIDOGE
token,
is
slated
to
power
this
platform,
allowing
users
to
generate
and
share
memes.
Once
the
presale
reaches
its
target
of
$14.06
million,
the
final
stage
will
begin,
causing
the
$AI
price
to
increase
from
$0.0000332
to
$0.0000336,
the
price
at
which
it’s
set
to
be
listed
across
major
centralized
and
decentralized
cryptocurrency
exchanges
later
this
year.
What
sets
AiDoge
apart
from
the
myriad
of
other
meme
coins
is
its
authentic
utility
and
credibility.
Unlike
most
meme
coins,
the
$AI
token
is
backed
by
a
genuine,
viable
project
with
a
promising
development
plan
and
roadmap.
AiDoge
combines
the
exploding
interest
in
AI
and
meme
coins
into
one
platform,
hence
gaining
a
considerable
following
and
raising
industry
analysts’
expectations.
Visit
AiDoge
Now
yPredict:
The
Future
of
AI
Crypto
Price
Prediction
Simultaneously,
yPredict,
an
AI-powered
crypto
trading
and
market
intelligence
platform,
has
raised
over
$1.74
million
in
its
presale.
The
yPredict
project
is
developing
an
institutional-grade
AI-powered
crypto
price
prediction
system
that’s
being
hailed
as
a
potential
game-changer
for
the
trading
industry.
yPredict
is
building
a
unique
crypto
research
and
trading
platform,
providing
traders
and
investors
access
to
AI-powered
signals,
pattern
recognition,
breakouts,
and
social/news
sentiment
features.
With
state-of-the-art
predictive
models
and
data
insights
built
by
top
AI
developers
and
quantitative
analysts,
the
platform
will
offer
market
participants
an
unbeatable
edge.
The
$YPRED
crypto
token,
issued
on
the
Polygon
blockchain,
forms
the
economic
backbone
of
yPredict’s
platform.
New
users
will
need
to
pay
a
$YPRED-denominated
subscription
fee
to
access
premium
features.
A
part
of
these
fees
will
be
distributed
to
existing
$YPRED
token
holders,
thus
providing
them
with
a
passive
income
stream
and
reducing
market
sell
pressure.
The
speed
at
which
yPredict’s
$YPRED
token
sale
is
progressing
indicates
a
growing
interest
in
AI
technology
for
trading
assistance.
According
to
analysts’
predictions,
yPredict’s
platform
and
its
$YPRED
token
hold
great
promise
for
the
future.
Some
experts
even
consider
it
to
be
a
“low
market
cap
gem”
with
substantial
potential
for
growth.
With
increasing
mainstream
adoption
of
AI
and
blockchain
technology,
yPredict
seems
well-positioned
to
dominate
the
cryptocurrency
market.
Visit
yPredict
Now
The
Future
is
AI
and
Crypto
The
emerging
intersection
of
AI
and
cryptocurrencies
represents
an
exciting
new
frontier
filled
with
possibility
both
for
technological
breakthroughs
and
for
investors.
Platforms
like
AiDoge
and
yPredict
are
pioneering
projects
at
this
crossroads,
developing
technologies
and
token
models
that
could
reshape
industries.
As
these
trailblazers
gain
momentum,
mature
their
offerings,
and
reach
new
milestones,
early
investors
stand
to
benefit
substantially.
For
forward-looking
investors
seeking
exposure
to
the
technologies
of
tomorrow,
AI
and
crypto
could
be
the
winning
combination
that
generates
life-changing
returns.
The
future
is
here—and
it
is
AI-powered
and
decentralized.