AI cryptos are on the march in 2024, with many taking flight in recent weeks to buck the trend of slumping prices across the crypto market. For instance, the Render price has surged by over 40% in the past week to break through the $10 barrier. After recently setting a new ATH of $13.15 in March, experts are examining how other AI cryptos, such as Bittensor, perform and whether we’re entering a new golden era led by AI.
Render price is surging; is a new ATH in sight?
Render has been on a roll in 2024, with the Render price steadily climbing. This platform uses GPUs to allow artists, creatives, and studios to render complicated 3D animations and visual effects through its decentralized community. Instead of investing in costly computing equipment, users can rent high-power processing equipment at a fraction of the cost.
As one of the next-generation AI cryptos, Render has caught the imagination, with the Render price surging from $1.7128 twelve months ago to its an increase of over 400% in twelve months.
As the AI crypto revolution gains pace, market analysts believe more gains could be around the corner as they forecast new ATHs for the Render price in the second half of 2024.
Bittensor: Democratization across the AI data economy
Another new generation of AI cryptos that will gain popularity in the first half of 2024 is Bittensor, with its unique decentralized platform where machine learning models can interact and learn from each other.
Bittensor allows nodes, known as neurons, to share insights and data to improve algorithms through automated collaboration. Bittensor’s approach improves machine learning technologies through its new data economy model and boosts the decentralization of AI cryptos.
Bittensor is at press time, up over 900% compared to a year ago when it was trading at just $37.9756. Experts believe Bittensor could return above the $700 mark it achieved as recently as March 2024 in the second half of this year.
Raboo: Meme coin pioneer could be next of the breakout AI cryptos
The surge in AI cryptos is causing more new projects to appear on the market. One of these is Raboo, a brand-new meme coin that combines AI meme generation with SocialFi mechanics, providing a new space for meme enthusiasts to grow a vibrant new crypto community.
While using Raboo’s proprietary AI content generation technology, users can monetize their creations using the platform’s unique post-to-earn program. With over 5,000 members already signed up to the Raboo community, they can also gain rewards through competitions, prize draws, and regular airdrops.
The Raboo presale is selling out rapidly, with the price already rising from $0.003 to $0.0042 at the time of writing. With over $1 million already raised, Raboo is a meme coin with genuine top-20 crypto prospects and 100x growth potential this year.
Conclusion
As AI cryptos push boundaries within the market, the Render price continues to surge, while Bittensor investors can look forward to future gains. However, the new meme coin prospect Raboo could be the best of the lot, given its 100x growth potential later this year.
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