AI Altcoins Surge: FET and RENDER Lead Ahead of Nvidia Earnings
Monday, 26 August 2024, 01:08
AI Altcoins Experience Double-Digit Gains
Over the past week, AI-related altcoins have displayed remarkable growth in the market. The anticipation surrounding Nvidia's quarterly earnings, scheduled for August 28, has heightened investor interest.
Highlights from the AI Altcoin Market
- Artificial Superintelligence Alliance (FET) has seen a 61.3% increase, leading the charge.
- Render (RENDER) closely follows with a significant 42% rise.
- NEAR Protocol (NEAR) and Bittensor (TAO) also show notable gains of 25.7% and 23.1%, respectively.
Investor anticipation mounts, as experts speculate not just on whether Nvidia will beat its expectations, but by how much. Vivek Arya of Bank of America has ranked Nvidia as a promising player in the AI landscape.
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.