AI Crypto Bullish As NVIDIA Earnings Projected to Reach 141% YoY
Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...
The AI crypto market is experiencing a significant bullish run, driven by anticipation surrounding NVIDIA’s upcoming earnings report. Tokens like FET, TAO, and RENDER have surged ahead, outperforming Bitcoin as investors look forward to NVIDIA’s financial data, which is expected to show a remarkable 141% year-over-year increase in earnings.
As the broader crypto market rides a wave of positive momentum, AI-related tokens are taking center stage. While Bitcoin posted a strong weekly gain of over nearly 12%, AI tokens have outpaced it, driven by anticipation surrounding NVIDIA’s Q2 earnings report on August 28.
Top Performers:
This past week, AI-driven tokens have taken the crypto market by storm, led by VIDT DAO (VIDT), which soared by a staggering +164%, now trading at $0.046. PaLM AI (PALM) followed closely, with an impressive +89% increase, reaching $0.552. Arcblock (ABT) climbed +69% to $2.07, reflecting strong investor confidence.
Artificial Superintelligence Alliance (FET) wasn’t far behind, with a +67% rise, now valued at $1.36. Meanwhile, inSure DeFi (SURE) saw a solid +55% gain, trading at $0.0049.
Other notable mentions include Nosana (NOS), which rose +54% to $2.23, and zKML (ZKML), up +50% to $0.24. Solidus Ai Tech (AITECH) rounded out the top performers with a +50% increase, now at $0.105.
These tokens have not only recovered from early August’s losses but have surged past their pre-dip levels, capturing the market’s attention as traders eagerly await NVIDIA’s upcoming earnings report. If current trends persist, these
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