Artificial intelligence (AI)-oriented cryptocurrencies surged on Wednesday,
defying the subdued performance of the broader digital asset market. This rise comes ahead of Nvidia's highly anticipated quarterly earnings report.
Key Points:

- AI Token Gains: Major AI tokens like Fetch.ai's FET, Render's RNDR, Bittensor's TAO, and SingularityNET's AGIX witnessed a 4-5% increase within the last 24 hours (according to CoinGecko data).
- AIOZ Network Jumps: AIOZ, the token of the Decentralized Physical Infrastructure Network (DePin), soared by 7% following its listing on the Nvidia Accelerated Applications Catalog.
- Near Protocol Upward Trend: NEAR, the native token of layer-1 network Near Protocol, climbed 2%. NEAR gained attention earlier this year when its co-founder presented at an Nvidia conference. Notably, NEAR was the best performing asset in the CoinDesk 20 index, which dipped 0.6% overall.
- Broader Market Dip: The overall market decline follows a period of rapid growth fueled by positive regulatory developments in the US and receding inflation fears.
Investor Interest and Nvidia Focus:

This trend suggests potential investor interest in AI-focused crypto projects.

Additionally, the market appears to be waiting with bated breath for Nvidia's earnings report, scheduled for after the market close. Nvidia's stock price has seen a significant rise this year (up 90%) and even more so year-over-year (over 200%).
In essence, AI cryptocurrencies are experiencing a positive trend despite a softer market, highlighting investor interest in the sector. All eyes are now on Nvidia's earnings report for further market direction.

#NVIDIAConference #AI #CRYPTO

Keep your eyes on AI projects. They are going to pump hard in the coming days. The AI narrative is the next big thing in the coming bull run. AI projects will outperform all other projects.
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DMAIL coin is joining the one of the World biggest AI chip makers NVIDIA
It will pump
Spot buying is good for long terms

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👀👀Nvidia hits $3 trillion market cap on back of AI boom 🚀

Nvidia surpassed $3 trillion in market cap during intraday trading on Wednesday as investors continue to clamor for the company making most of the chips powering the AI boom.

Apple was the first U.S. company to reach a $3 trillion market cap in January 2022.

Microsoft hit $3 trillion in market value in January 2024.

Nvidia shares are up more than 3,224% over the past five years.

Nvidia shares closed up 5% to $1,224.40 on Wednesday, giving the company a market cap above $3 trillion for the first time as investors continue to clamor for a piece of the company at the heart of the boom in generative artificial intelligence.

Nvidia also passed Apple to become the second-largest public company behind Microsoft.

Nvidia’s milestone is the latest stunning mark in a run that has seen the stock soar more than 3,224% over the past five years. The company will split its stock 10-for-1 later this month.

Apple was the first U.S. company to reach a $3 trillion market cap during intraday trading in January 2022. Microsoft hit $3 trillion in market value in January 2024. Nvidia, which was founded in 1993, passed the $2 trillion valuation in February, and it only took roughly three months from there for it to pass $3 trillion.

In May, Nvidia reported first-quarter earnings that showed demand for the company’s pricey and powerful graphics processing units, or GPUs, showed no sign of a slowdown. Nvidia reported overall sales of $26 billion, more than triple what it generated a year ago. Nvidia also beat Wall Street expectations for sales and earnings and said it would report revenue of about $28 billion in the current quarter.

Nvidia’s surge in recent years has been powered by the tech industry’s need for its chips, which are used to develop and deploy big AI models such as the one at the heart of OpenAI’s ChatGPT.

Companies such as Google, Microsoft, Meta, Amazon and OpenAI are buying billions of dollars worth of Nvidia’s GPUs.

#chatgpt #NVIDIAConference #opengift #BnbAth

🚨 **Insider Alert: Dive into AI Before the NVIDIA Pump! 🌐🚀**

📆 In just over a week, NVIDIA hosts its game-changing AI conference, setting the stage for potential crypto market movements. As the leading AI company, NVIDIA's conferences showcase cutting-edge developments with direct implications for the crypto world.

Here's why the NVIDIA AI conference is a game-changer for crypto:

1. 💹 **Price Movements:** Expect increased interest in AI-related cryptocurrencies like $RNDR , $NEAR , $AIX, potentially resulting in significant price movements and trading volume surges.

2. 🌐 **Awareness Boost:** The conference raises awareness about the vast applications of AI in the crypto space, highlighting opportunities for growth and innovation.

3. 📈 **Regulatory Insights:** Gain insights into potential regulatory developments that may impact the crypto industry, providing crucial information for strategic decision-making.

In summary, the NVIDIA AI conference is a catalyst for technological advancements, networking opportunities, market sentiment shifts, and increased adoption. If you're not exposed to AI coins yet, such as $RNDR , $NEAR , $AIX, now might be the perfect time to consider entry.

👍 If you found this post valuable, please like, share, and follow for more crypto insights! 🚀 #AIPump #CryptoInsider #NVIDIAConference #HotTrends #BTC