AIToken
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It has been no surprise to many that AI tokens took the crown in 2023 as the best-performing sector. 2024 is not only the year for crypto but also a big year for artificial intelligence, where the emergence of ChatGPT brings the blossoming technology to the forefront. AI tokens, created before or after the AI hit, both enjoyed stellar performance in the past year.
In contrast, Layer 2 tokens have unexpectedly emerged as the weakest performer in 2023. On the other hand, Game-Fi and NFT/metaverse tokens trailed behind the broader market, as there were no groundbreaking advancements.
#Write2Earn #TrendingTopic #AIToken
In contrast, Layer 2 tokens have unexpectedly emerged as the weakest performer in 2023. On the other hand, Game-Fi and NFT/metaverse tokens trailed behind the broader market, as there were no groundbreaking advancements.
#Write2Earn #TrendingTopic #AIToken
#Write2Earn #TrendingTopic #TradeNTell #AIToken Top AI Tokens To Stack Before Bitcoin Halving To Maximize Profits!
The crypto industry had recorded a significant uptrend during the previous week as major tokens recorded massive price action in their respective portfolios. Further, the total market cap of the market is on the verge of achieving the $2 Trillion mark, indicating a strong bullish influence in the crypto space.
The Fetch.ai price traded in a consolidated range between $0.5211 and $0.6485 for over three weeks, following which the market regained momentum and the price gained just enough power to break its resistance level.
The THETA token traded in a closed range between $0.965 and $1.052 for a while, after which the bulls lost momentum, resulting in a THETA price breakdown. Following this, the price traded between $0.904 and $0.965 for a period.
The Ocean Protocol token traded sideways for a short period, following which the market lost momentum and the bulls broke down the support level. After testing its low of $0.0906, the ROSE token regained momentum and recorded a bounce back in the chart.
Despite the current market sentiments highlighting a negative trend for this sector, AI tokens are predicted to record massive price action in the upcoming months.$FET $THETA $ROSE
The crypto industry had recorded a significant uptrend during the previous week as major tokens recorded massive price action in their respective portfolios. Further, the total market cap of the market is on the verge of achieving the $2 Trillion mark, indicating a strong bullish influence in the crypto space.
The Fetch.ai price traded in a consolidated range between $0.5211 and $0.6485 for over three weeks, following which the market regained momentum and the price gained just enough power to break its resistance level.
The THETA token traded in a closed range between $0.965 and $1.052 for a while, after which the bulls lost momentum, resulting in a THETA price breakdown. Following this, the price traded between $0.904 and $0.965 for a period.
The Ocean Protocol token traded sideways for a short period, following which the market lost momentum and the bulls broke down the support level. After testing its low of $0.0906, the ROSE token regained momentum and recorded a bounce back in the chart.
Despite the current market sentiments highlighting a negative trend for this sector, AI tokens are predicted to record massive price action in the upcoming months.$FET $THETA $ROSE
AI’S BULLISH TRAJECTORY REMAINS INTACT DESPITE CORRECTION.
AI's trend continued to advance higher despite market’s correction. It has posted an impressive gain so far, making it one of the best-performer in the past week. The price is up again after dropping in the last two days.
#AIToken
#TradeNTell
#write2earn
AI's trend continued to advance higher despite market’s correction. It has posted an impressive gain so far, making it one of the best-performer in the past week. The price is up again after dropping in the last two days.
#AIToken
#TradeNTell
#write2earn
Celebrate an incredible milestone with AI token from @aipin_io! 🎉
For those who may have missed out, now's the time to pay attention. With a remarkable 108.60% surge, the bullish momentum seems to be on the horizon.
#AIToken #CryptoMilestone #BullishTrend
For those who may have missed out, now's the time to pay attention. With a remarkable 108.60% surge, the bullish momentum seems to be on the horizon.
#AIToken #CryptoMilestone #BullishTrend
If it's not #Bitcoin(BTC) then which Crypto is it?
Fill in the blank👇
$_______ is the Future!
#memecoins" #AIToken #RWA #Altcoins👀🚀
Fill in the blank👇
$_______ is the Future!
#memecoins" #AIToken #RWA #Altcoins👀🚀
Coinbase Believes That Attention to AI Tokens is Overrated, is This Really The Truth? 🤔🤖
🤖💰 Artificial intelligence (AI) is making waves in both technology and the crypto industry. Coinbase analyst David Hahn suggests that the hype surrounding AI tokens may be overrated. Despite a surge in investment, Hahn cautions about the sustainability of AI tokens due to market competition and regulatory challenges.
📈 According to CoinGecko, AI-related projects have soared to a $26 billion valuation, with significant growth seen in recent months. However, Hahn warns that these tokens often rely on market sentiment rather than fundamental demand, citing examples like Worldcoin and OpenAI's Sora.
🔍 Coinbase evaluates the role of AI in two contexts: enhancing crypto functionalities and disrupting traditional AI systems. While some successful integrations exist, Hahn emphasizes that AI token trading is driven largely by speculative hype rather than utility.
🔄 Hahn acknowledges the potential for AI and crypto integration but advises caution, urging investors to thoroughly research tokens before diving in. He underscores the importance of considering broader business and regulatory implications in this evolving landscape.
🚀 Despite uncertainties, Hahn remains optimistic about the future of AI and crypto, noting the potential for meaningful integration but urging careful navigation in this dynamic market.
#CoinbaseExchange. #AIConference #artificialintelligence #AIToken
🤖💰 Artificial intelligence (AI) is making waves in both technology and the crypto industry. Coinbase analyst David Hahn suggests that the hype surrounding AI tokens may be overrated. Despite a surge in investment, Hahn cautions about the sustainability of AI tokens due to market competition and regulatory challenges.
📈 According to CoinGecko, AI-related projects have soared to a $26 billion valuation, with significant growth seen in recent months. However, Hahn warns that these tokens often rely on market sentiment rather than fundamental demand, citing examples like Worldcoin and OpenAI's Sora.
🔍 Coinbase evaluates the role of AI in two contexts: enhancing crypto functionalities and disrupting traditional AI systems. While some successful integrations exist, Hahn emphasizes that AI token trading is driven largely by speculative hype rather than utility.
🔄 Hahn acknowledges the potential for AI and crypto integration but advises caution, urging investors to thoroughly research tokens before diving in. He underscores the importance of considering broader business and regulatory implications in this evolving landscape.
🚀 Despite uncertainties, Hahn remains optimistic about the future of AI and crypto, noting the potential for meaningful integration but urging careful navigation in this dynamic market.
#CoinbaseExchange. #AIConference #artificialintelligence #AIToken
3 #AIToken Prices Plunge After ASA Merger Fizzles Buy The Dip Or Wait And See
https://altcoinsanalysis.com/3-ai-token-prices-plunge-after-asa-merger-fizzles-buy-the-dip-or-wait-and-see/
https://altcoinsanalysis.com/3-ai-token-prices-plunge-after-asa-merger-fizzles-buy-the-dip-or-wait-and-see/
DID YOU KNOW? 🤯
AGIX with the Current Market Cap of Bitcoin could Potentially Reach $996!
Drop a comment with your favorite Token, I'll reply with its Forecast Price!
#agixusdt #singularityNET #AIToken #Price-Prediction $AGIX
AGIX with the Current Market Cap of Bitcoin could Potentially Reach $996!
Drop a comment with your favorite Token, I'll reply with its Forecast Price!
#agixusdt #singularityNET #AIToken #Price-Prediction $AGIX
The Effect of OpenAI's Sora on AI Tokens
OpenAI's recent launch of Sora, a new AI product capable of transforming text into hyper-realistic short videos, has generated excitement and discussion in the AI community. While some see Sora as a significant breakthrough in artificial intelligence, others have expressed concerns about potential negative consequences, such as the creation of misleading or hostile content.
Due to the announcement, AI tokens experienced a surge in value. Tokens like Fetch.ai and SingularityNET saw substantial gains in the market, contributing to a 5.2% increase in the overall market capitalization of the AI token sector. SingularityNET's AGIX token rose by over 11%, currently trading at $0.52, while Fetch.ai's FET token experienced a strong surge of up to 20%.
Another token that attracted attention during this period is Worldcoin ($WLD ), which offers a user identification solution through retina scanning. Worldcoin is developed by Tools of Humanity, a company co-founded by OpenAI CEO Sam Altman. The market capitalization of AI tokens now stands at $15 billion, with several other tokens in the sector also recording gains ranging from 5% to 10% in the previous 24 hours.
Like, share and follow.
#ozuru #AIToken #AITokens #SORA
OpenAI's recent launch of Sora, a new AI product capable of transforming text into hyper-realistic short videos, has generated excitement and discussion in the AI community. While some see Sora as a significant breakthrough in artificial intelligence, others have expressed concerns about potential negative consequences, such as the creation of misleading or hostile content.
Due to the announcement, AI tokens experienced a surge in value. Tokens like Fetch.ai and SingularityNET saw substantial gains in the market, contributing to a 5.2% increase in the overall market capitalization of the AI token sector. SingularityNET's AGIX token rose by over 11%, currently trading at $0.52, while Fetch.ai's FET token experienced a strong surge of up to 20%.
Another token that attracted attention during this period is Worldcoin ($WLD ), which offers a user identification solution through retina scanning. Worldcoin is developed by Tools of Humanity, a company co-founded by OpenAI CEO Sam Altman. The market capitalization of AI tokens now stands at $15 billion, with several other tokens in the sector also recording gains ranging from 5% to 10% in the previous 24 hours.
Like, share and follow.
#ozuru #AIToken #AITokens #SORA
MASSIVE PARTNERSHIP! $APT 🤝 NBCUniversal! 🔥 WEB3 IS HERE TO STAY 👊 & Here Is Why 👇
APT (Aptos) and NBCUniversal have just teamed up! NBCUniversal is a big player that operates in the entertainment industry. It is owned by Comcast, the wealthiest companies in the telecommunications and media industry with a market cap of $200 billion! The NBCUniversal partnership with Aptos aims to boost fan engagement through cutting-edge digital innovations. So, basically it wants to offer fans new and exciting ways to interact with their favorite media. How? For example providing digital content and augmented reality experiences through the Aptos's technology.
This partnership will use the Web3 technology to create more interactive and immersive fan experiences, adapting to the evolving media and driven by fan interests!
Do You Believe In Aptos? 🤔 Let Me Know In Comments!
STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝
#Aptos #AptosLabs #AIToken #Altcoins2024
APT (Aptos) and NBCUniversal have just teamed up! NBCUniversal is a big player that operates in the entertainment industry. It is owned by Comcast, the wealthiest companies in the telecommunications and media industry with a market cap of $200 billion! The NBCUniversal partnership with Aptos aims to boost fan engagement through cutting-edge digital innovations. So, basically it wants to offer fans new and exciting ways to interact with their favorite media. How? For example providing digital content and augmented reality experiences through the Aptos's technology.
This partnership will use the Web3 technology to create more interactive and immersive fan experiences, adapting to the evolving media and driven by fan interests!
Do You Believe In Aptos? 🤔 Let Me Know In Comments!
STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝
#Aptos #AptosLabs #AIToken #Altcoins2024
IS $FET STILL ON A RALLY? 🤔 Here Is The Answer 👇
FET has recently seen a massive price surge, rising by 71% in just 1 week! The reason is mainly attributed at the announcement about the new global Innovation Lab in San Francisco. Basically this Lab will bring forward advancing AI technologies in the context of decentralized and autonomous systems!
- Please, Don't Forget to Cast Your VOTE! 🙏
Currently, the market sentiment looks better, with the Fear and Greed index at 55, indicating growing interest in FET. Despite the previous selling pressure, FET is still above the support S4. Recently S4 was still a resistance, so for confirmation we should wait that the monthly candle will close above. Indicators like EMA 10 (weekly), ADI10 (weekly) and MACD (weekly) are looking bullish. ADX which is used to understand the strength of a trend, suggest a moderate/strong trend (32). FET's price is currently above EMA 10 and MACD signal is rising from below. Last but not least, the monthly candle features an extended lower wick, so if it ends at its current level in 3 days, it will form a bullish hammer!
According to this situation, I'll implement the following Strategy (+ Hedge):
I'll open a long position on S4 with stop loss at $1.044. Take profit on R1 (100%). In case the volumes won't be enough and the market will go against me, I'll open a short position on previous stop loss and take profit at S3 (100%). Stop loss for short position $1.2. Mind that FET's price is still trading below the monthly EMA 10! That's a medium term strategy, so my position may stay open for weeks! Further updates will come!💪
Will FET Reach $10 Before 2025? 🤔 Let Me Know In Comments!
STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 - DYOR 🙏 NFA.🤝
#FetchAI #AIToken #Fetupdate #fetpriceanalysis
FET has recently seen a massive price surge, rising by 71% in just 1 week! The reason is mainly attributed at the announcement about the new global Innovation Lab in San Francisco. Basically this Lab will bring forward advancing AI technologies in the context of decentralized and autonomous systems!
- Please, Don't Forget to Cast Your VOTE! 🙏
Currently, the market sentiment looks better, with the Fear and Greed index at 55, indicating growing interest in FET. Despite the previous selling pressure, FET is still above the support S4. Recently S4 was still a resistance, so for confirmation we should wait that the monthly candle will close above. Indicators like EMA 10 (weekly), ADI10 (weekly) and MACD (weekly) are looking bullish. ADX which is used to understand the strength of a trend, suggest a moderate/strong trend (32). FET's price is currently above EMA 10 and MACD signal is rising from below. Last but not least, the monthly candle features an extended lower wick, so if it ends at its current level in 3 days, it will form a bullish hammer!
According to this situation, I'll implement the following Strategy (+ Hedge):
I'll open a long position on S4 with stop loss at $1.044. Take profit on R1 (100%). In case the volumes won't be enough and the market will go against me, I'll open a short position on previous stop loss and take profit at S3 (100%). Stop loss for short position $1.2. Mind that FET's price is still trading below the monthly EMA 10! That's a medium term strategy, so my position may stay open for weeks! Further updates will come!💪
Will FET Reach $10 Before 2025? 🤔 Let Me Know In Comments!
STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 - DYOR 🙏 NFA.🤝
#FetchAI #AIToken #Fetupdate #fetpriceanalysis
🤖🌐 AI-Powered Crypto Projects: Shaping the Future of Decentralized Intelligence 🚀
Artificial Intelligence (AI) is reshaping industries, and cryptocurrency is transforming finance. When they merge, we witness the birth of AI-powered crypto projects, the future of decentralized intelligence. 🤝💰
🤯 Let's explore a few noteworthy AI-related crypto projects:
1. **SingularityNET:** A decentralized platform for AI services, enabling developers to create and offer AI services directly to users, cutting out intermediaries. 🤖💡
2. **Ocean Protocol:** This platform facilitates secure, privacy-focused data sharing. It empowers data owners to sell data to users and leverages AI to enhance data-sharing protocols' efficiency and scalability. 🌐🔒
3. **Fetch.ai:** A decentralized hub for autonomous agents, allowing developers to build agents that interact with the real world and each other. AI is at the core, helping agents learn and adapt over time. 🤝🤖
🚀 These projects are at the forefront of innovation, set to redefine how we use AI and blockchain networks. AI-powered crypto projects have the potential to revolutionize the crypto and AI landscape, promising a brighter future.
#AIInvesting #AICoin #AIToken #AIPlatform #AIProject #CryptoInnovation #AIRevolution 🚀🤖
Artificial Intelligence (AI) is reshaping industries, and cryptocurrency is transforming finance. When they merge, we witness the birth of AI-powered crypto projects, the future of decentralized intelligence. 🤝💰
🤯 Let's explore a few noteworthy AI-related crypto projects:
1. **SingularityNET:** A decentralized platform for AI services, enabling developers to create and offer AI services directly to users, cutting out intermediaries. 🤖💡
2. **Ocean Protocol:** This platform facilitates secure, privacy-focused data sharing. It empowers data owners to sell data to users and leverages AI to enhance data-sharing protocols' efficiency and scalability. 🌐🔒
3. **Fetch.ai:** A decentralized hub for autonomous agents, allowing developers to build agents that interact with the real world and each other. AI is at the core, helping agents learn and adapt over time. 🤝🤖
🚀 These projects are at the forefront of innovation, set to redefine how we use AI and blockchain networks. AI-powered crypto projects have the potential to revolutionize the crypto and AI landscape, promising a brighter future.
#AIInvesting #AICoin #AIToken #AIPlatform #AIProject #CryptoInnovation #AIRevolution 🚀🤖
#AIToken Revolution: Fetch.ai Leads Merger With Ocean & SingularityNET
https://altcoinsanalysis.com/ai-token-revolution-fetch-ai-leads-merger-with-ocean-singularitynet/
https://altcoinsanalysis.com/ai-token-revolution-fetch-ai-leads-merger-with-ocean-singularitynet/
🚀 **Exciting News: Sleepless AI Launching on Binance Launchpool! Stake, Farm, and Trade AI Tokens!**
Dear Binancians,
Get ready for an exhilarating journey as we introduce Sleepless AI (AI), the 42nd project on Binance Launchpool! Sleepless AI is not just a project; it's a groundbreaking Web3+AI gaming platform that's set to redefine the landscape.
📅 **Important Dates:**
- Launchpool Start: 2023-12-28 00:00 (UTC)
- Token Listing: 2024-01-04 10:00 (UTC)
🌐 **Webpage Launch:**
The dedicated webpage for Sleepless AI will be live in just 24 hours, giving you a sneak peek into this revolutionary platform before the Launchpool kicks off.
💰 **Stake and Farm AI Tokens:**
Starting from 2023-12-28, users can stake their BNB, FDUSD, and TUSD in separate pools to farm AI tokens over the seven-day period. Don't miss your chance to be part of this exciting opportunity!
📈 **Token Details:**
- Token Name: Sleepless AI (AI)
- Total Supply: 1,000,000,000 AI
- Launchpool Rewards: 70,000,000 AI (7% of total supply)
- Initial Circulating Supply: 130,000,000 AI (13% of total supply)
- Smart Contract: AI Token (AI)
🔒 **Staking Terms:**
Ensure a smooth experience by completing KYC. Hourly hard caps per user vary across pools:
- BNB Pool: 33,333.33 AI
- FDUSD Pool: 4,166.66 AI
- TUSD Pool: 4,166.66 AI
💎 **Supported Pools:**
1. Stake BNB: 56,000,000 AI in rewards (80%)
2. Stake FDUSD: 7,000,000 AI in rewards (10%)
3. Stake TUSD: 7,000,000 AI in rewards (10%)
🌐 **Farming Period:**
From 2023-12-28 00:00 (UTC) to 2024-01-03 23:59 (UTC), immerse yourself in the Sleepless AI farming experience.
🚨 **Don't Miss the Listing:**
Sleepless AI (AI) will be listed on Binance at 2024-01-04 10:00 (UTC). Trading pairs include AI/BTC, AI/USDT, AI/BNB, AI/FDUSD, AI/TUSD, and AI/TRY, with the Seed Tag applied to AI.
Join us in this futuristic venture and let's shape the future together with Sleepless AI on Binance Launchpool! #sol #BTC #AIToken #ORDI #BinanceSquare $BTC $ETH $SOL
Dear Binancians,
Get ready for an exhilarating journey as we introduce Sleepless AI (AI), the 42nd project on Binance Launchpool! Sleepless AI is not just a project; it's a groundbreaking Web3+AI gaming platform that's set to redefine the landscape.
📅 **Important Dates:**
- Launchpool Start: 2023-12-28 00:00 (UTC)
- Token Listing: 2024-01-04 10:00 (UTC)
🌐 **Webpage Launch:**
The dedicated webpage for Sleepless AI will be live in just 24 hours, giving you a sneak peek into this revolutionary platform before the Launchpool kicks off.
💰 **Stake and Farm AI Tokens:**
Starting from 2023-12-28, users can stake their BNB, FDUSD, and TUSD in separate pools to farm AI tokens over the seven-day period. Don't miss your chance to be part of this exciting opportunity!
📈 **Token Details:**
- Token Name: Sleepless AI (AI)
- Total Supply: 1,000,000,000 AI
- Launchpool Rewards: 70,000,000 AI (7% of total supply)
- Initial Circulating Supply: 130,000,000 AI (13% of total supply)
- Smart Contract: AI Token (AI)
🔒 **Staking Terms:**
Ensure a smooth experience by completing KYC. Hourly hard caps per user vary across pools:
- BNB Pool: 33,333.33 AI
- FDUSD Pool: 4,166.66 AI
- TUSD Pool: 4,166.66 AI
💎 **Supported Pools:**
1. Stake BNB: 56,000,000 AI in rewards (80%)
2. Stake FDUSD: 7,000,000 AI in rewards (10%)
3. Stake TUSD: 7,000,000 AI in rewards (10%)
🌐 **Farming Period:**
From 2023-12-28 00:00 (UTC) to 2024-01-03 23:59 (UTC), immerse yourself in the Sleepless AI farming experience.
🚨 **Don't Miss the Listing:**
Sleepless AI (AI) will be listed on Binance at 2024-01-04 10:00 (UTC). Trading pairs include AI/BTC, AI/USDT, AI/BNB, AI/FDUSD, AI/TUSD, and AI/TRY, with the Seed Tag applied to AI.
Join us in this futuristic venture and let's shape the future together with Sleepless AI on Binance Launchpool! #sol #BTC #AIToken #ORDI #BinanceSquare $BTC $ETH $SOL
#AIToken Shakeup Will FET And OCEAN Rise While AGIX Falls
https://altcoinsanalysis.com/ai-token-shakeup-will-fet-and-ocean-rise-while-agix-falls/
https://altcoinsanalysis.com/ai-token-shakeup-will-fet-and-ocean-rise-while-agix-falls/
Top Gainers 24h! AI RWA P2E tokens.
RWA, P2E and AI tokens turned out to be in the top and showed significant growth.
However, there are still a large number of AI tokens that have not realized their full growth potential.
I found some extremely interesting AI projects with x100 growth potential 👇
➜ @PaalMind | $PAAL
PAAL is a Powerful Ecosystem, redefining crypto experiences, engineered to enhance Investor knowledge and empower communities with advanced utilities.
Market Cap: $240M
Price: $0.3693
➜ @The_Delysium | $AGI
Blockchain for AI, AI for Humanity
Delysium AI empowers all users to create their own AI-Twins easily. Each of them can gradually develop their unique personality and functionality through constant interactions.
Market Cap: $239.37M
Price: $0.2714
➜ @Spectral_Labs | $SPEС
The Onchain Agent Economy. A Machine Intelligence Network to generate autonomous onchain agents.
Market Cap: $93M
Price: $8.63
➜ @Fetch_ai | $FET
Build, deploy & monetize AI marketplaces. An open platform for the new AI economy.
Market Cap: $5.2B
Price: $2.07
In my previous post, I mentioned other promising AI low-cap tokens.
Do you have any AI tokens in your portfolio?
$RNDR $IMX $TAO
#Aitcoins #AltSeasonComing #AIToken #RWATokens
However, there are still a large number of AI tokens that have not realized their full growth potential.
I found some extremely interesting AI projects with x100 growth potential 👇
➜ @PaalMind | $PAAL
PAAL is a Powerful Ecosystem, redefining crypto experiences, engineered to enhance Investor knowledge and empower communities with advanced utilities.
Market Cap: $240M
Price: $0.3693
➜ @The_Delysium | $AGI
Blockchain for AI, AI for Humanity
Delysium AI empowers all users to create their own AI-Twins easily. Each of them can gradually develop their unique personality and functionality through constant interactions.
Market Cap: $239.37M
Price: $0.2714
➜ @Spectral_Labs | $SPEС
The Onchain Agent Economy. A Machine Intelligence Network to generate autonomous onchain agents.
Market Cap: $93M
Price: $8.63
➜ @Fetch_ai | $FET
Build, deploy & monetize AI marketplaces. An open platform for the new AI economy.
Market Cap: $5.2B
Price: $2.07
In my previous post, I mentioned other promising AI low-cap tokens.
Do you have any AI tokens in your portfolio?
$RNDR $IMX $TAO
#Aitcoins #AltSeasonComing #AIToken #RWATokens
$OCTA has been constantly growing this year. Did you know that if $OCTA reaches the market cap of $RNDR it would be worth $63.08 or x42.62 its current price? 📈
➡️ Market Cap Calculator: https://www.tradingdigits.io/marketCap
#OCTA #octaspace #AiNarratives #AIToken #AITokens
➡️ Market Cap Calculator: https://www.tradingdigits.io/marketCap
#OCTA #octaspace #AiNarratives #AIToken #AITokens
Memecoin Sector Surges 84% in Past Week, Outperforming Red-Hot AI Tokens
The memecoin sector has taken center stage in the midst of a bullish crypto market, outperforming even red-hot AI tokens.
Industry sectors such as Layer 2s, which are crucial for scaling blockchain for mainstream use, and the intersection of crypto and artificial intelligence, were expected to lead the way in terms of performance.
Technical frontiers like restaking, modular blockchains, and DePIN projects were also seen as potential contenders.
However, defying expectations, it is the cat-themed coins, dog-themed coins, memes, and fractionalized NFTs that are leading the charge.
Meme Coins Post Substantial Gains
Cat-themed coins, with tokens like Taylor Swift’s Cat, Banana Cat, and Pop Cat, have seen impressive gains, with Taylor Swift’s Cat token surging 25-fold in the past seven days.
Although the cat coin sector may seem dismissible with a market cap of $730 million, the meme category has emerged as a force to be reckoned with.
With a staggering market cap of $55 billion, meme coins have surpassed the liquid staking sector, Layer 2s, and gaming tokens in terms of valuation.
Within the meme category, dog-themed coins dominate, with Doge, the original meme coin, reigning supreme with a market cap exceeding $20 billion.
The sector as a whole has experienced an 84% surge in the past week. Notable performers include SHIB, PEPE, BONK, WIF, FLOKI, and POPCAT, which have more than doubled in value, contributing billions of dollars to their market caps.
Other significant gainers include MYRO and MOG.
Solana Emerges as Preferred Blockchain for Meme Coins
Solana, a blockchain platform known for its low transaction costs, has emerged as a preferred venue for trading meme coins.
The platform has seen a wave of new coins featuring caricatures of public figures like Joe Biden and Donald Trump.
The viral story of a trader turning $260 into nearly half a million dollars with ‘Jeo Boden’ sparked the creation of coins like ‘Doland Tremp’ and ‘Olen Mosk.’
No way they just dumped $BODEN on Biden’s terrible state of the union speech? 😂😭 pic.twitter.com/Eyybd0kxWV— Bones Senpai 🧞♂️ (@EVNFT) March 8, 2024
Solana-based decentralized exchanges (DEXs) have witnessed trading volumes exceeding $2 billion on March 5, according to DeFiLlama, with Solana’s share of DEX volumes steadily increasing to around 15% from less than 2% six months ago.
Currently, Solana is the third largest blockchain network in terms of DEX volume, trailing behind Ethereum (ETH) and Arbitrum.
Ethereum, which hosts the largest DeFi ecosystem, registered around $4.7 billion in trading volume in the past 24 hours, with a positive weekly change of 54%.
On the other hand, Arbitrum DEXes saw $2.1 billion in daily trading volume, up by 85% over the past week.
The Solana ecosystem now boasts more than 2,500 monthly active developers, according to the Solana Foundation.
The foundation highlighted that the network has maintained a consistent range of 2,500 to 3,000 monthly active developers throughout the past year, a testament to the ecosystem’s ability to attract and retain talent.
The increased developer activity comes as Solana continues to make waves in the crypto community, achieving several significant milestones.
The network has surpassed Ethereum in 7-day stablecoin trading volume for the first time ever.
#meme #AIToken #TrendingTopic
Industry sectors such as Layer 2s, which are crucial for scaling blockchain for mainstream use, and the intersection of crypto and artificial intelligence, were expected to lead the way in terms of performance.
Technical frontiers like restaking, modular blockchains, and DePIN projects were also seen as potential contenders.
However, defying expectations, it is the cat-themed coins, dog-themed coins, memes, and fractionalized NFTs that are leading the charge.
Meme Coins Post Substantial Gains
Cat-themed coins, with tokens like Taylor Swift’s Cat, Banana Cat, and Pop Cat, have seen impressive gains, with Taylor Swift’s Cat token surging 25-fold in the past seven days.
Although the cat coin sector may seem dismissible with a market cap of $730 million, the meme category has emerged as a force to be reckoned with.
With a staggering market cap of $55 billion, meme coins have surpassed the liquid staking sector, Layer 2s, and gaming tokens in terms of valuation.
Within the meme category, dog-themed coins dominate, with Doge, the original meme coin, reigning supreme with a market cap exceeding $20 billion.
The sector as a whole has experienced an 84% surge in the past week. Notable performers include SHIB, PEPE, BONK, WIF, FLOKI, and POPCAT, which have more than doubled in value, contributing billions of dollars to their market caps.
Other significant gainers include MYRO and MOG.
Solana Emerges as Preferred Blockchain for Meme Coins
Solana, a blockchain platform known for its low transaction costs, has emerged as a preferred venue for trading meme coins.
The platform has seen a wave of new coins featuring caricatures of public figures like Joe Biden and Donald Trump.
The viral story of a trader turning $260 into nearly half a million dollars with ‘Jeo Boden’ sparked the creation of coins like ‘Doland Tremp’ and ‘Olen Mosk.’
No way they just dumped $BODEN on Biden’s terrible state of the union speech? 😂😭 pic.twitter.com/Eyybd0kxWV— Bones Senpai 🧞♂️ (@EVNFT) March 8, 2024
Solana-based decentralized exchanges (DEXs) have witnessed trading volumes exceeding $2 billion on March 5, according to DeFiLlama, with Solana’s share of DEX volumes steadily increasing to around 15% from less than 2% six months ago.
Currently, Solana is the third largest blockchain network in terms of DEX volume, trailing behind Ethereum (ETH) and Arbitrum.
Ethereum, which hosts the largest DeFi ecosystem, registered around $4.7 billion in trading volume in the past 24 hours, with a positive weekly change of 54%.
On the other hand, Arbitrum DEXes saw $2.1 billion in daily trading volume, up by 85% over the past week.
The Solana ecosystem now boasts more than 2,500 monthly active developers, according to the Solana Foundation.
The foundation highlighted that the network has maintained a consistent range of 2,500 to 3,000 monthly active developers throughout the past year, a testament to the ecosystem’s ability to attract and retain talent.
The increased developer activity comes as Solana continues to make waves in the crypto community, achieving several significant milestones.
The network has surpassed Ethereum in 7-day stablecoin trading volume for the first time ever.
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