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Latest cryptocurrency news > ALTCOIN > AI Synergy Boosts Cryptocurrency Values
ALTCOIN

AI Synergy Boosts Cryptocurrency Values

BH NEWS
Last updated: 19 February 2024 18:30
BH NEWS 2 years ago
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The integration of artificial intelligence (AI) with blockchain has led to a significant uptick in certain cryptocurrency values since the debut of ChatGPT in late 2022. Altcoins with ties to AI have seen their prices skyrocket, drawing investor interest while the market buzzes over tech advancements in the AI-blockchain sphere. Some digital tokens have even enjoyed over 50% weekly growth.

Contents
Partnerships and Updates Propel FET Coin GrowthGRT Coin Sets Sights on Reversing DowntrendAGIX Coin Hits All-Time High Following ChatGPT Launch

Partnerships and Updates Propel FET Coin Growth

The noteworthy collaboration between Bosch and FET Coin has propelled the latter into a strong position within the AI industry, with a resulting surge in its market price. Additionally, OpenAI’s recent announcements and the anticipated AI developments from Apple, along with Google’s competitive efforts, suggest a continued flurry of activity in AI technologies. FET Coin, currently valued at $0.945, has seen a 300% increase since predictions of an upward trend last year.

A breakthrough above the $1 mark could elevate FET Coin to surpass its previous all-time high of $1.2 and possibly aim for $1.5 in the medium term. Conversely, a dip below $0.8 might lead to a decline towards $0.51.

GRT Coin Sets Sights on Reversing Downtrend

GRT Coin, distinguished for merging blockchain data indexing with AI, shows signs of halting its prolonged bearish trend. Breaking through the $0.307 resistance could set the stage for a move towards $0.412 and potentially reignite ascent to its peak values. The coin has set intermediate targets at $0.548 and $0.78, with the all-time high of $2.87 suggesting the potential for an extensive rally.

AGIX Coin Hits All-Time High Following ChatGPT Launch

Mirroring FET’s trajectory, AGIX Coin has also witnessed a dramatic rise post-ChatGPT’s launch, revitalizing its presence in the market and achieving its all-time high. The momentum could carry AGIX toward the key $1 resistance level. Should the trend reverse, AGIX might regress to the support at $0.37.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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