Key Points
- AI tokens noticed spectacular surges forward of Nvidia’s Q2 earnings report set for launch on August 28.
- Data from CoinGecko reveals value will increase between 17% and 60% for the highest 5 AI cash.
According to the newest knowledge from CoinGecko, AI tokens noticed spectacular value surges throughout the previous week, forward of Nvidia’s Q2 earnings report set to be launched on August 28.
AI Tokens Surge Ahead of Nvidia Report
The high 5 AI tokens by market cap recorded value surges between 17% and 60%, based on official data.
Near Protocol (NEAR) recorded a surge in value of 25% prior to now seven days. Today the token is priced at $4.87, up by 0.7% prior to now 24 hours. The coin now has a market cap of over $5.4 billion.
Internet Computer (ICP) noticed a surge in value of over 17% prior to now week. Today, the coin is buying and selling at $8.35, up by virtually 1% prior to now 24 hours, with a complete market cap of virtually $4 billion.
Artificial Superintelligence Alliance (FET) noticed a surge of 60% prior to now week, and at this time, the coin’s value is $1.32, up by over 12% prior to now 24 hours. The whole market cap of FET is now $3.3 billion.
Bittensor (TAO) is priced at virtually $344 at this time, up by over 7% prior to now 24 hours. The coin recorded a surge of over 22% prior to now seven days and it reached a market cap of $2.5 billion at this time.
Render (RENDER) is now priced at $6.25, up by 1.5% prior to now 24 hours. The coin recorded a surge of over 40% prior to now 7 days and it now has a complete market cap of over $2.4 billion.
Other essential AI tokens recorded important surges prior to now seven days comparable to SingularityNET (AGIX) which noticed a surge of over 57%, Ocean Protocol (OCEAN) which surged by over 61% prior to now week BasedAI (BASEDAI) which surged by virtually 80% prior to now seven days, based on knowledge from CoinGecko.
Nvidia is about to launch its Q2 2024 earnings report on August 28, and the outcomes might set off extra value surges for AI-related tokens. Historical knowledge has already proven a robust connection between AI tokens and booms in tendencies associated to AI.
Nvidia anticipates a Q2 income of $28 billion, in comparison with the Q1 income of $26 billion.
