AI Crypto Tokens Surge Post NVIDIA GTC Event: NEAR, RNDR, FET, NMT on Spotlight

By CryptoTale
7 months ago
FET RNDR NEAR NMT
  • Following NVIDIA's GTC, AI tokens such as NEAR, RNDR, and FET saw significant price jumps, attracting investor attention.
  • Strategic investors realized substantial returns, with profits on AI tokens like FET reaching over $2 million, a 393% gain.
  • Tactical investments in AI-focused cryptocurrencies like NMT have led to exponential gains, with some investors earning 157x their initial stake.

The recent NVIDIA GTC 2024 event appears to have had a ripple effect across the AI token market, resulting in significant gains for several cryptocurrencies. Among these, per market intelligence platform, Lookonchain, NEAR Protocol, Render, Fetch.ai, and NetMind Token have shown remarkable price increases, catching the attention of investors and market analysts alike.

In the wake of NVIDIA's conference, dedicated to GPU technologies and AI developments, certain AI-focused tokens have surged. NEAR Protocol (NEAR) saw an increase of 28.63%, while Render (RNDR) rose by 31.22%. Fetch.ai (FET) experienced a significant leap of 36.12%, and NetMind Token (NMT) climbed by 25.4%. These upticks are part of a broader trend that indicates growing investor interest in AI as an industry.

Read full article at CryptoTale.

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