Crypto Market Update: NEAR Drives AI Altcoin Surge Post Nvidia Earnings

Saturday, 31 August 2024, 07:55

Crypto market update highlights NEAR leading AI altcoins higher following Nvidia's substantial earnings boost. This surge marks a significant shift in altcoin dynamics.
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Crypto Market Update: NEAR Drives AI Altcoin Surge Post Nvidia Earnings

Crypto Market Update: NEAR Drives AI Altcoin Surge Post Nvidia Earnings

The spotlight turns to NEAR as it drives a surge in AI-related altcoins, propelled by Nvidia's strong earnings report. A deeper look reveals which other coins are poised for an upward trajectory, thanks to market dynamics shifting. Investors are closely monitoring these promising digital assets for potential growth.

$BLASTUP Token Awaits 100X Surge

$BLASTUP, the native token of BlastUP, is quickly becoming a standout in the crypto market. Built on Blast, the only Layer 2 blockchain offering native yield for ETH and stablecoins, BlastUP is on a mission to supercharge crypto startups from day one. It's already delivering, with multiple successful IDOs and over 20,000 holders.

  • The current price range for BLASTUP is between $0.03045 and $0.04109.
  • In a week, it showed an increase of 60%.
  • The Momentum indicator supports a bullish outlook.

Market Trends for Internet Computer (ICP)

ICP faces resistance near $10.12 and support at $6.18. Over the past month, the price has significantly decreased, highlighting a need to maintain upward momentum.

Theta Network (THETA): Uncertain Future

THETA is currently priced between $1.17 and $1.52, showing a questionable future as it risks further decline without breaking resistance levels.

Will The Graph (GRT) See a Breakout?

GRT's recent trends suggest a mixed future, with potential for breakout or further decline depending on resistance levels.

Golem (GLM) Price Status

GLM is trading within a range of $0.29 to $0.35. Current market sentiments indicate potential for upward momentum but struggle against bearish pressures.

The Overall Market Outlook

While ICP, THETA, GRT, and GLM exhibit less potential short term, BLASTUP stands out as a key player in the market. Its unique approach and integration within the Blast ecosystem make it a focus for investors.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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