š„Contentsš„
ā”Artificial Superintelligence Alliance (FET)
ā”The Graph (GRT)
ā”VeChain (VET)
ā”Numeraire (NMR)
Larry Ellison, Oracleās founder and CTO, has projected a $100 billion AI boom, emphasizing the transformative impact of AI on industries across the globe. During Speaking at Oracleās Monday earnings call, Ellison shared his optimistic view on the growth potential of Artificial Intelligence (AI), stating that āthis business is just growing larger and larger.ā
He emphasized that the AI race would be heavily competitive and that building cutting-edge AI models is immense and could require an entry margin of $100 Billion. Ellison further revealed that Oracle is developing vast AI infrastructure, including āacres of Nvidia GPU clusters,ā to support AI model training.
š„Here are 4 AI-driven to watch:š„
š„Artificial Superintelligence Alliance (FET).
Artificial Superintelligence Alliance (FET) tops the list of crypto coins that could rally with AI expansion as it closely aligns with the protocol goals to use cases in AI automation, data exchange, and decentralized AI services.
Today, the FET price trades at $1.32, and the alliance contributes to the $3.3 Billion. According to the Santiment data, the Artificial Superintelligence Allianceās active addresses have witnessed a massive spike to 6042, accentuating the increasing user engagement and investorās interest in AI-driven crypto coins.
š„The Graph (GRT)š„
The Graph provides decentralized indexing and querying of blockchain data, which is essential for AI applications that rely on vast datasets. As AI scales, the demand for crypto coins like GRT could surge as the Graphās data infrastructure could grow exponentially.
The GRT price currently trades at $0.14 and remains resilient above strong horizontal support of $0.125. While the market trend stays sideways, the large holders (wallet-holding 1 Million to $10 Million GRT) have accumulated activity since December 2020 to reach a peak of 1 Billion coins.
The buying trend highlights whalesā expectation for a massive reversal in Graph coin.
š„VeChain (VET)š„
VeChain (VET) is a blockchain platform designed to enhance supply chain management and business processes through the use of decentralized technologies and AI integration. The Vechain coin currently exchanges hands at $0.22 and boosts a market cap of $1.78 Billion.
Among the crypto coins, the VET price has shown a steady downtrend for the past seven months under the influence of a falling wedge pattern. If the bullish reversal pattern holds, the coin buyers aim for a $0.023 breakout and drive a renewed recovery trend.
š„Numeraire (NMR)š„
Numeraire leverages AI and machine learning to crowdsource financial predictions from data scientists worldwide. As Oracle CTO highlights AI advancement, crypto coins like NMR could gain traction, and Numeraire could witness a boost in its accuracy model.
Moreover, the total addresses with NMR are experiencing a slow yet steady rise to the current peak at 36.98K, according to Intotheblock data. This growth signals the increasing user base for Numeraire utility, which should accelerate the coin recovery.
The NMR price currently trades at $14.81 with a 24-hour gain of 1.28%, while the market cap holds at $106.85 Million.
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