3 Altcoins That Could Benefit from the AI Wind After the Memecoin Rally
The altcoin market, which accelerated its upward momentum in February, continues its gains in March. While altcoins, which recovered rapidly after the short-term decline of the previous day, continue on their way under the leadership of Ethereum, the market value excluding Bitcoin is at the level of 1.13 trillion dollars today. The market, which rose to $1.7 trillion in the previous bull season, is now 50% away from its peak.
We have witnessed the memecoin storm in the altcoin market since February. Artificial intelligence coins, which are among other popular sectors, fell behind memecoins despite achieving significant gains. Today, while there is a slight decline in the memecoin market, the crypto AI sector appears to be in a plus.
Among the popular coins in the crypto AI industry, Render demonstrated its potential by recovering above average after this week's sudden withdrawal. Rising to $3 in 2021, GRT carries a significant increase potential with its current price level as it accelerates its artificial intelligence-supported activities. THETA, which is shifting its activities towards the field of artificial intelligence, is among the altcoins showing signs of starting a new upward trend.
