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Elon Musk raises R$30 billion for AI project: tokens can benefit xAI, an Artificial Intelligence startup led by Elon Musk, secured US$6 billion in a series B funding round. The round included major investors such as Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital and Fidelity Management & Research Company. Since its founding in July 2023, xAI has grown rapidly, competing with giants like OpenAI. Additionally, Musk's connection to cryptocurrencies could significantly impact the AI ​​market. Some of the top AI cryptocurrencies are: 1. **Render (RNDR)**: Offers a marketplace for selling graphics processing capacity generated by GPUs. GPU holders can rent their processing power and receive RNDR tokens in return. The cryptocurrency has experienced a 700% rise in the last 12 months. 2. **SingularityNET (AGIX)**: Seeks to create Artificial General Intelligence (AGI) and offers a marketplace for blockchain applications. Its AGIX token has increased by almost 500% in 12 months. 3. **WienerAI (WAI)**: Memecoin that uses AI for trading operations, offering trading robots that maximize profits. It is on pre-sale, already raising more than US$3 million. 4. **Fetch.ai (FET)**: Integrates multiple blockchain applications, facilitating the creation of applications and services with secure data and autonomous AI. 5. **Dogeverse**: Inspired by Dogecoin, it operates on six different blockchains, allowing the movement of tokens between them. It offers staking yields of over 50% and has had a successful pre-sale. #render #agix #wai #fet #dogeverse

Elon Musk raises R$30 billion for AI project: tokens can benefit

xAI, an Artificial Intelligence startup led by Elon Musk, secured US$6 billion in a series B funding round. The round included major investors such as Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital and Fidelity Management & Research Company. Since its founding in July 2023, xAI has grown rapidly, competing with giants like OpenAI.

Additionally, Musk's connection to cryptocurrencies could significantly impact the AI ​​market. Some of the top AI cryptocurrencies are:

1. **Render (RNDR)**: Offers a marketplace for selling graphics processing capacity generated by GPUs. GPU holders can rent their processing power and receive RNDR tokens in return. The cryptocurrency has experienced a 700% rise in the last 12 months.

2. **SingularityNET (AGIX)**: Seeks to create Artificial General Intelligence (AGI) and offers a marketplace for blockchain applications. Its AGIX token has increased by almost 500% in 12 months.

3. **WienerAI (WAI)**: Memecoin that uses AI for trading operations, offering trading robots that maximize profits. It is on pre-sale, already raising more than US$3 million.

4. **Fetch.ai (FET)**: Integrates multiple blockchain applications, facilitating the creation of applications and services with secure data and autonomous AI.

5. **Dogeverse**: Inspired by Dogecoin, it operates on six different blockchains, allowing the movement of tokens between them. It offers staking yields of over 50% and has had a successful pre-sale.

#render

#agix

#wai

#fet

#dogeverse

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Ethereum Towards $4,000: Which ERC20 Tokens Will Profit? Ethereum price prediction suggests the cryptocurrency could reach $4,467 by the end of 2024, drawing attention to ERC20 tokens such as Fetch.ai (FET), Shiba Inu (SHIB), and KangaMoon (KANG). Let’s explore the growth prospects of these tokens. Fetch.ai (FET) Fetch.ai (FET) is on the rise, especially after founder and CEO Humayun Sheikh was featured in Forbes. Sheikh discussed using artificial intelligence (AI) to create practical solutions, increasing investor interest. The media exposure boosted the token's value, positioning Fetch.ai as a promising project in the ERC20 ecosystem due to its focus on AI and practical applications. Shiba Inu (SHIB) Shiba Inu (SHIB) also performed remarkably after the launch of ShibaSwap on Shibarium. This decentralized platform increased the utility of the token, contributing to its appreciation. A strong social media presence and an active community are crucial to SHIB's growth. However, its future potential will depend on its ability to continue innovating and expanding its ecosystem. KangaMoon (KANG) KangaMoon (KANG) stands out with a 400% increase in recent trading sessions. Combining elements of P2E (Play-to-Earn) and Social-Fi gaming, KangaMoon rewards active participants on social platforms like Twitter. This model generated significant buzz, reflected in the price jump from $0.005 to $0.025. The expectation of a listing on BitMart and the prominent position on CoinMarketCap and CoinGecko increase its exposure. Analysts project that KangaMoon could grow 100x by full launch, making it a strong candidate for profitable investments in 2024. Conclusion With Ethereum potentially reaching $4,467, ERC20 tokens like Fetch.ai, Shiba Inu and KangaMoon are in the spotlight. While they all have potential, KangaMoon stands out as the most promising option for investors looking for high returns. #fetch.ai #SHIBA✅🚀 #KANGAMOON #Ethereum(ETH)
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Memecoin suffers scam and loses 99% of its value Memecoins recorded the biggest gains last week, but a notable exception was the NORMIE memecoin, created on the Base network. While other cryptocurrencies in this sector rose more than 100%, NORMIE lost more than 99% of its value in a single day and practically ceased to exist financially. Amid exploitation, the market value of this memecoin plummeted from US$182 million to US$110,000 in just a few minutes. The episode occurred after a hacker exploited a flash loan and managed to make NORMIE's value collapse. According to data provider Lookonchain, just one trader lost more than $1 million to this scam. The trader spent $1.16 million to acquire 11.23 million NORMIE at a rate of $0.1035 between March 25th and April 9th. It rose by 20% during this period. However, after the exploration of NORMIE the amount purchased by the investor collapsed to a staggering $150. Blockchain data shows that the trader did not sell any NORMIE even after this collapse. The team behind memecoin was quick and began negotiations with the hacker shortly after the attack. The attacker offered a proposal for the attacker to return 90% of the stolen funds, keeping 10% as a reward. Supposedly, the team agreed to the hacker's offer to return 90% of the stolen tokens. Although the token's price has already dropped 96% since exploration, the agreement stipulates that the network will use the returned funds and $2.3 million from the team's development portfolio to launch a new token to compensate NORMIE holders. The attack occurred due to a smart contract vulnerability, which led to a US$41.7 million drop in NORMIE's market value in three hours. The hacker's main demand was that the team must relaunch the token before returning the funds. The condition for returning 90% of the funds is that payment will take place in Ethereum (ETH). In total, the agreement stipulates that the hacker will return 600 ETH to the NORMIE developer's wallet, under the condition that the network uses the amount to reimburse users. #normie #meme
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