With the coming of interest rate cuts, two altcoins are expected to become the focus of the market and usher in a big rise.
TAO
TAO, Bittensor's decentralized AI network token, has also been a highlight recently. This platform, which combines blockchain and AI technology, guarantees model reliability through proof of learning (PoL) while protecting user privacy. TAO's price is now $279.37, up 1.56% in 24 hours, and the annual increase is even more amazing, reaching 446.82%, leading more than 90% of the top 100 cryptocurrencies. At present, the price of TAO is far above its 200-day moving average, showing a strong upward momentum. In the next month, its trend is optimistic, and some forecasts point out that TAO is expected to reach $897.19 in October, an amazing increase.
FET
With the deep integration of AI and the crypto industry, FET (soon to be renamed ASI) has also ushered in new development opportunities. As a product of the cooperation between SingularityNET, Fetch.ai and Ocean Protocol, FET launched a native token on the Cardano blockchain. ASI is currently priced at $1.3, up 6.41% in 24 hours. Although the price has fluctuated greatly recently, the overall trend is positive. FET ranks 32nd in market value, with a value of nearly $3 billion, showing its solid position in the market.
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