The crypto market is witnessing a notable surge in the price of NeuralAI (NEURAL) token. This uptick comes as the project makes strategic moves in the artificial intelligence and gaming sectors. Additionally, NEURAL has seen growth in both price and trading volume over the past week. Consequently, analysts have highlighted the token’s performance amid growing interest in AI-related crypto assets.
Bullish Catalysts Driving NEURAL’s Growth
Crypto analyst Tanaka has drawn attention to NEURAL’s distinctive role in the AI crypto sector. In a tweet, Tanaka emphasized the token’s potential for success as the market recovers. The analyst pointed out NeuralAI’s innovative approach to AI-driven 3D asset creation.
#NEURAL stands out in the #AI narrative, poised for success as the market rebounds.@GoNeuralAI offers revolutionary AI-driven 3D assets, it's dramatically undervalued at 21M MC, with tremendous growth potential.Bullish catalysts = AI + DePIN + Gaming + TAO = $NEURAL… https://t.co/n14lEaAwNv pic.twitter.com/7eIGeHCJ5M
— Tanaka (@Tanaka_L2) July 17, 2024
Furthermore, Tanaka suggested that NEURAL is undervalued, considering its market capitalization of 21 million. The analyst identified several bullish factors supporting NEURAL’s growth potential, including its involvement in AI, DePIN, gaming, and The Association DAO (TAO).
Additionally, Tanaka noted the increase in NEURAL’s daily trading volume, which rose by 20%. This surge in trading volume indicates strong buyer interest, suggesting that NEURAL could approach its all-time high soon.
The token is breaking out of its consolidation zone, showing robust upward momentum. Consequently, a push towards the $10 mark appears increasingly plausible, given the favorable market conditions for AI-driven assets.
Strategic Partnership with SeedifyFund
NeuralAI recently announced a strategic partnership with SeedifyFund, a leading incubation and launchpad platform for innovative blockchain games. The partnership aims to elevate the development speed and innovation of Seedify’s incubated games, utilizing NeuralAI’s AI asset generator app.
This collaboration is expected to boost the creation of 3D models within minutes, offering benefits to the gaming industry.
NeuralAI’s official X account shared the news, stating,
“We are excited to announce a strategic partnership with @SeedifyFund. NeuralAI has become a new member of the Seedify Solutions Partners! Stay tuned for more exciting updates as we collaborate to bring innovative solutions to the gaming industry!”
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Market Performance and Future Outlook
NeuralAI’s market performance reflects the positive sentiment and growing interest in AI-driven solutions. With a daily trading volume of $1,326,010 and a price of $2.97, NEURAL is demonstrating substantial growth potential.
The token has surged by 17.72% and 128.93% in the past day and week.
The partnership with SeedifyFund further bolsters its position, promising to drive innovation and adoption in the blockchain gaming sector.
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