NEAR Protocol leads the market with a 34.11% weekly gain, boosting its market cap to $6.81 billion.
FET and RNDR soar, with FET up 28.85% and RNDR surpassing $6.70, showing solid market momentum.
Injective (INJ) climbs 25.05% this week, reaching a $2.43 billion market cap and a 10% uptick in trading volume.
The cryptocurrency market has experienced notable fluctuations in the past week, with several AI tokens showing significant growth. Among the top performers are NEAR Protocol (NEAR), Artificial Superintelligence Alliance (FET), Render (RNDR), and Injective (INJ).
Following this optimism, the total market cap for AI tokens has surged by 6.5% to $32.74 billion, while the trading volume fell by 6.49% to $2.087 billion. Meanwhile, the crypto market is holding steady on its previous day’s gains, with Bitcoin trading above $65.2K.
Top AI Gainers
Taking the lead, NEAR Protocol (NEAR) has demonstrated a remarkable upward trend, registering a 34.11% increase over the past seven days. With the current price of NEAR at $6.18, its market capitalization has surged to approximately $6.81 billion.
Despite these gains, the trading volume for NEAR tells a different story, dropping 11% over the last 24 hours to reach $411.29 million. The circulating supply of NEAR is 1,102,584,042 out of a total supply of 1,200,786,230, reflecting robust market interest and activity in this cryptocurrency.
Similarly, the Artificial Superintelligence Alliance’s token, FET, has also seen impressive gains, rising by 28.85% this week. Currently priced at $1.54, FET’s market cap has climbed to $3.89 billion. However, the 24-hour trading volume for FET is reported at $214.51 million, representing an 8% decline, with a circulating supply of 2,520,000,000 FET.
Not to be outdone, Render (RNDR) has shown consistent performance, with an increase of 3.04% over the past week and a 6.33% increase compared to its previous day’s gains. The price of RNDR is now $6.79, and its market cap stands at $2.67 billion. According to CoinMarketCap’s data, the asset had been consolidating around the $6.70 zone before breaking this barrier.
Since then, the NEAR price has oscillated between an intraday high of $6.91 and an intraday low of $6.32. In the meantime, the trading volume for RNDR in the last 24 hours is $186.49 million, with a circulating supply of 392,459,381 RNDR.
Injective (INJ) has also posted substantial gains, with a 25.05% increase in the past seven days. As of press time, the price of INJ was trading at $25.99, marking a gain of 12% in a single day. With a circulating supply of 93,400,000 units, INJ’s market capitalization has surged by 11.59% to approximately $2.43 billion, placing it in the 43rd spot in the crypto rankings. Additionally, its 24-hour trading volume saw a 10% increase, now at $165.92 million.
The post AI Crypto Boom: NEAR, FET, RNDR, and INJ Lead the Market Rally appeared first on Coin Edition.
