Why AI Coins May Skyrocket In March?

The Nvidia GPU Technology Conference (GTC) on March 18-21 will be a major push for artificial intelligence (AI) as the world’s leading technology company Nvidia goes for transformative moment on AI. With blockchain and crypto companies available in the conference, Nvidia will unleash the power of AI with its AI supercomputer, generative AI, Nvidia Picasso, Biological advancement, and Nvidia Omniverse for industrial production.

Nvidia (NVDA) stock price has skyrocketed over 88% this year as the company calls itself a “World’s Leader in Artificial Intelligence Computing.” AI coins have skyrocketed in parallel with Nvidia and AI news.

AI Tokens Will Rally Amid Nvidia Conference

AI altcoins have rallied at least 150% in a month amid significant developments and funding surrounding AI. The surge in AI coins underscores the growing interest in AI-driven projects and decentralized technologies, even projects investing in AI firms.

Silicon Valley venture capital giant Andreessen Horowitz announced plans to raise $6.9 billion for new funds, including two AI-focused funds. The firm believes AI is a driving force behind major advancements in technology, creativity, and the human experience in the American Dynamism Summit.

With the regulatory framework on AI at full pace in many jurisdictions, artificial intelligence is finding unique use cases in other fields.

Also Read: Robinhood Stock Rallies 12% As EU Wing Announces USDC Listing

AI Tokens Performance Ahead Key Event

Among top AI tokens, Near Protocol (NEAR) has rallied over 40% in a week, with the price currently trading 1$ higher at $7.94. Near Protocol, co-founder and CEO Illia Polosukhin to participated as a speaker at the panel titled ‘Transforming AI’, alongside Nvidia’s founder and CEO Jensen Huang at Nvidia’s conference has sparked the rally.

Render and Ankr are also attending the Nvidia AI conference. RNDR and ANKR are up 1% each in the last 24 hours.

Meanwhile, Fetch AI (FET), SingularityNET (AGIX), Worldcoin (WLD), The Graph (GRT), Worldcoin (WLD), Conflux (CFX), Theta Network (THETA), Akash Network (AKT), are the other AI-related coins to witness astonishing rally in the next few days.

Also Read: AI Coins To Watch As Nvidia Conference Begins Next Week

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Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.