Coingape Staff
Amid the recent bustle curated with the launch of OpenAI’s Sora, AI-based tokens functioning across the cryptocurrency landscape witnessed quite the pump today. This pump nabbed significant global attention among crypto market enthusiasts, as some of the most renowned AI-based tokens, GRT, NEAR, and AGIX, witnessed phenomenal price upswings. The recent launch of Sora primarily showcased the revolutionary development of the AI realm, fueling a surge in the abovementioned AI tokens, among many others.
Meanwhile, the price upswing also mirrors the bullish sentiment prevailing within the broader crypto market in recent days. The anticipation of a looming Ethereum ETF and the upcoming Bitcoin halving appears to be primarily propelling this bullish sentiment.
Aligning with this, here’s a detailed report on GRT, NEAR, & AGIX AI tokens
The Graph Price Soars
The Graph (GRT) token’s price noted a staggering 24.19% upsurge in the past 24 hours and is currently trading at $0.2645. The remarkable surge witnessed post-Sora launch nabbed noteworthy attention, signaling an uptrend for the token when aligned with the derivatives data. Coinglass’ data suggested a 40.10% increase in the token’s open interest, where the volume noted a 137.88%. This portrayed a bullish climate for GRT across the cryptocurrency space, amassing further bullish thoughts on the token.
NEAR Protocol Price Springs
The NEAR Protocol’s token NEAR showcased a jump of 4.75% over the past 24 hours and is currently at $3.56. Even NEAR’s derivatives data showcased an uptrend across the crypto horizon. The open interest rose 5.43%, whereas volume soared 27.65%, as per data by Coinglass.
Meanwhile, the network recently announced rewards for wallet users accessing NEAR through Lava, a decentralized network of API providers aiding developers build web3-native apps.
AI Token AGIX Price Jumps
The SingularityNET (AGIX) price jotted down a phenomenal surge of 25% over the past 24 hours and is currently trading at $0.5687. The token’s noteworthy pump also signaled an uptrend when aligned next to the derivatives data. Coinglass unveiled an 18.13% upswing in the token’s open interest. However, a drop in derivatives volume hinted that the market might be ready to enter a consolidatory phase.
In conclusion, following the launch of the text-to-video platform Sora, numerous AI-based tokens witnessed a rally, showcasing the immense potential of growth and development orbiting artificial intelligence. The GRT, NEAR, and AGIX market charts appear to be extensively eyed by crypto market enthusiasts as they expect to see further bolstered prices with the development of AI ahead.
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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
