COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Investors Notice AI Tokens Rise
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Altcoin News > Investors Notice AI Tokens Rise
Altcoin News

Investors Notice AI Tokens Rise

In Brief

  • Investors are still trying to understand the mid-week market movements.

  • FET and AGIX merged into ASI Coin, boosting their prices.

  • AI-related news significantly impacts cryptocurrency prices.

COINTURK NEWS
COINTURK NEWS 11 months ago
Share
SHARE

Altcoin investors are still trying to understand what exactly is happening mid-week. As Germany moves more BTC, FUD grows. Moreover, MSTR’s BTC purchase news triggered one of the classic drops. For now, the bottom is at $64,559. So why did AI tokens rise?

Contents
FET and AGIXRise in AI Altcoins

FET and AGIX

FET and AGIX have now merged as ASI Coin along with Ocean. Exchanges will soon complete the conversions and update pairs accordingly. The ASI Coin price is equal to the FET Coin price, considering a 1:1 ratio in the FET conversion. FET Coin price increased by 37%, while AGIX rose by 33%.

In the last three months, FET dropped by over 31%, while AGIX token’s price decreased by 36%. Vlad Balaban, co-founder of the blockchain-based AI protocol GT Protocol, commented on the recent rise, citing the merger as the reason:

“The over 30% increase is fueled by the merger aiming to create the largest decentralized artificial intelligence ecosystem. This strategic move has ignited excitement among investors expecting significant advancements and market leadership in AI technology.”

Rise in AI Altcoins

We constantly mention that news related to AI will greatly benefit cryptocurrencies in this field. NVIDIA conferences or other major developments have always had significant impacts on prices. Naturally, NVIDIA’s transformation into the world’s largest company would also be a catalyst for the rise. As the company became the most valuable publicly traded company at $3.34 trillion, AI altcoins priced in this news.

Nansen analyst Edward Wilson stated:

“As a sector, artificial intelligence is in demand in both traditional markets and crypto. Following Nvidia’s rise to become the world’s most valuable company, it’s no surprise that AI tokens like NEAR and RNDR have surged. Both tokens increased by about 300% in the past year, compared to ETH’s just over 100%, showing high market interest in this sector.”

Balaban added:

“Companies are entering the AI race, and those who reach the top will not only gain the largest market share but also lead the world. This competition significantly increases the interest of investors and venture capitalists, as the AI race promises substantial profits for those making the right investment decisions for their portfolios.”

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Pi Network Enhances Ecosystem with New dApps and Improved Account Recovery

Binance Empowers Entertainment Industry with Exciting New Altcoin Launch

Arthur Hayes Predicts HYPE Token Powerhouse Rise Above Solana

The Future of Cryptocurrencies Takes a New Turn

Traders Anticipate Major Moves as Altcoin Bull Market Looms

COINTURK NEWS 20 June, 2024 - 9:47 pm 20 June, 2024 - 9:47 pm
Share This Article
Facebook Twitter
Share
Previous Article Axie Infinity Faces Potential Price Decline
Next Article Investor Stakes 14 Billion Floki Inu Tokens
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Engage with the Bitcoin 2025 Conference in Las Vegas!
Bitcoin (BTC) Cryptocurrency News
Polygon Faces Leadership Shift as Co-Founder Mihailo Bjelic Exits
Polygon (MATIC)
Bitcoin Price Spike Creates Waves in Cryptocurrency Market
Cryptocurrency News
Cardano Aims to Rise Past USDC in Market Value
Cardano (ADA)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?