- The Internet Computer Protocol enables decentralized web services with strong growth potential and governance features.
- Bittensor shows bullish sentiment with rising prices and strong investor interest in AI.
- Aethir partners for advanced GPUs and offers $100 million for AI cloud gaming developers.
The AI cryptocurrency market continues to gain traction as new promising projects emerge. As Q4 wraps up, some coins stand out with huge-potential for growth. Internet Computer, Bittensor, and Aethir are the three coins leading the AI crypto charge. Each has appealing technicals and strong fundamentals to thrive in Q4 of 2024.
Internet Computer (ICP)
Source: Trading View
The Dfinity Foundation developed the Internet Computer to change how web services operate. This platform runs as the first blockchain technology that delivers speed and scalability like traditional internet services. The ICP token allows users to participate in governance and build various applications.
In the next month, ICP might trade between $7.60 and $12.92. Analysts forecast a minimum price of $7.91 and a maximum of $12.92, with an average around $9.51. Expected governance updates and growing enterprise interest drive this volatility. More businesses are adopting the Internet Computer, which could boost market engagement and investor confidence.
Bittensor (TAO)
Source: Trading View
Recently, TAO rose over 7%, surpassing other AI tokens like Injective (INJ) and Near Protocol (NEAR). This increase reflects a growing interest in AI projects. Technical analysis shows TAO gaining upward momentum.
The long/short ratio indicates that 50.96% of positions are long, which suggests bullish sentiment among investors. With a positive funding rate, many investors seem willing to pay extra to hold long positions during market shifts, which supports this optimistic outlook.
Aethir (ATH)
Source: Trading View
Aethir focuses on decentralized computing and has recently partnered with GMI Cloud and GAIB. This collaboration aims to enhance the platform by adding advanced GPUs for AI applications. New H200 Tensor Core GPUs will improve Aethir’s offerings and attract developers seeking reliable computing power.
Additionally, Aethir announced a $100 million ecosystem fund for AI-driven cloud gaming developers. By providing grants and incentives, Aethir positions itself as a significant player in AI development. These strategic initiatives make ATH a promising investment in the coming months.
As Q4 comes to a close, consider investing in ICP, TAO, and ATH. Each coin offers unique opportunities in the growing AI sector. Stay informed and explore these coins for potential growth of your crypto portfolio.
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
