Top 10 Cryptocurrencies Driving AI Unveiled

The foundation for AI-based blockchain ecosystem projects, apps, and services is provided by AI tokens. One of its three primary functions is to facilitate transactions, which act as a medium of exchange on AI-powered networks. Furthermore, the ability to enable protocol governance depends on AI tokens. In the end, they encourage consumers to support the expansion of the AI project or protocol.

The top 10 AI tokens, as listed by CoinmarketCap.com, are as follows;

Internet Computer (ICP)

ICP is bullish right now on the daily timeframe. Right now, the price is trading just above the $10.490 support area. The market is significantly oversold, according to the Stochastic, thus an increase from the zone is anticipated to target the prior high of $16.000.

ICP Metrics

Price: $12.54

24 hours gain or loss: +2.62%

Market Cap: $5.7B

Volume (24H): $145M

Circulating Supply: 456,320,414 ICP

Injective (INJ)

On the daily time scale, INJ has recently turned bearish. The price’s current plunge below the Moving Average Cross (Periods 30 and 50) demonstrates this. It is anticipated that a decline towards the lower support level of $19.160 will be sparked by a breach below the $23.330 support level.

INJ Metrics

Current Price: $35.34

24h gain or loss: +4.83%

Market Cap: $3.1B

Volume (24h): $110M

Circulating Supply: 88,392,222 INJ

AKASH (AKTUSD)

On the daily chart, the price of AKTUSD is presently fluctuating inside the range of the most recent bullish order block. A pump is anticipated since the stochastic is significantly oversold and there may be more buying pressure in the oversold area. Before the final high of $3.350, the buyers’ closest objective seems to be the intermediate high of $2.600. Very strong crypto signs may be found in THETA’s swing low of $0.860 and its intermediate high of $2.600.

AKT Metrics

Current Price: $2.98

24h gain or loss: 3.08%

Volume (24h): $5.4M

Market Cap: $671M

Circulating Supply: 226M

The Graph (GRT)

GRTUSD’s bullish trend line failed to support the price in January. This led to a bearish reversal. A retest of the trendline has aided the sellers to short towards $0.1250. On the descending trend, the price has pulled back into a fair value gap below the previous high to continue the downward motion.

GRT Metrics

Current Price: $0.1604

24h gain or loss: 3.76%

Volume (24h): $49M

Market Cap: $1.5B

Circulating Supply: 9.3B GRT

Render (RNDR)

RNDR is presently being combined. In 2024, a range has developed that is below $4.370 and over $3.380. The main purpose of a breakout above or below these values is to provide a more distinct market direction.

RNDR Metrics

Current Price: $3.91

24h gain or loss: — 1.70%

Volume (24h): $50M

Market Cap: $1.4B

Circulating Supply: 376M RNDR

SingularityNet (AGIX)

SingularityNet price continues to crash after an SMS (Shift in Market Structure) was established in the first week of 2024. The aggressive dive in the price revealed the intention of the whales. A pullback followed to retest the Moving Average Cross (Periods 30 and 50) which aligned perfectly with the bearish order block of $0.310. The price is currently driving towards $0.230.

SingularityNet Metrics

Current Price: $0.2705

24h gain or loss: 2.25%

Volume (24h): $21M

Market Cap: $339.5M

Circulating Supply: 1.2B AGIX

Theta Network (THETA)

THETA is currently on a strong downward trend. The bullish trend line which aided the ascent of the price was invalidated by three black crows in January. The Moving Average Cross (Periods 30 and 50) is now dominating the daily candles. The swing low of $0.860 is currently threatened by the consistent formation of lower highs and lows.

Theta NETWORK Metrics

Current Price: $0. 9949

24h gain or loss: +2.12%

Volume (24h): $11.8M

Market Cap: $999M

Circulating Supply: 1B THETA

Fetch.Ai (FET)

Fetch has sunk into a deep discount on the last bulish swing. The market has presented the opportunity for an optimal trade entry for longs. The Williams Percent Range signals a readiness for a price ascent. The long-term stiffness in the price of Fetch before mid-October last year still fuels the market trend.

FET Metrics

Current Price: $0.6127

24h gain or loss: 0.43%

Volume (24h): $32.9M

Market Cap: $501.60M

Circulating Supply: 831.6M FETAKT

Oasis Network (ROSE)

Rose is currently experiencing a pullback on a bearish trend. The Fair Value Gap (FVG) below $0.120 functions as a draw on the price. This correlates with the oversold signal on the Stochastic. The Moving Average Cross (Periods 30 and 50) signifies a prevailing downtrend. The bearish trendline is still valid to further confirm the bearish trend.

ROSE Metrics

Current Price: $0.1044

24h gain or loss: 0.51%

Volume (24h): $18.7M

Market Cap: $698M

Circulating Supply: 6.7BM ROSE

THETA FUEL (TFUEL)

At the moment, Theta Fuel is having trouble escaping an extremely tight consolidation. The price swings between $0.040 and $0.050. On the daily chart, many face breakouts may be seen as surges above and below the range. The indicator’s mathematical indecision is shown when the Moving Averages (Periods 30 and 50) fall within the range. To determine the direction of the market, one must observe a persistent bullish or bearish market structure.

TFEUL Metrics

Current Price: $0.043

24h gain or loss: 1.04%

Volume (24h): $2.3M

Market Cap: $276M

Circulating Supply: 6.4B TFEUL