Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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HegeCoin ($HEGE) Unveils AI Characters and Launches Major Marketing Blitz
London, United Kingdom, May 29th, 2024, Chainwire HegeCoin ($HEGE), the first story-driven memecoin launched two months ago is embarking on the next phase of its growth strategy with two major developments, bringing its characters to life with the latest Generative AI technologies and launching a 13+ channel marketing push. HegeCoin was launched on Solana by a leading creative branding designer who utilizes his knowledge as well as industry connections to create original art. By rejecting low-effort and low-quality AI-generated images…
1 year ago
XRP Faces New Challenges, New AI Crypto Marks its Bullish Breakthrough
The post XRP Faces New Challenges, New AI Crypto Marks its Bullish Breakthrough appeared first on Coinpedia Fintech News Despite the uptick in the XRP network, the eighth-largest cryptocurrency might not be out of the woods yet after facing rejection at a notable symmetrical trendline. Meanwhile, Borroe Finance ($ROE) is strategically positioning itself in the decentralized finance (DeFi) and general crypto sector thanks to its unique Web3 approach, making it one of the viral token launches. Borroe Finance Renders a…
1 year ago
Elon Musk: AI to Transform Jobs into Hobbies
The post Elon Musk: AI to Transform Jobs into Hobbies appeared first on Coinpedia Fintech News Elon Musk envisions a future where AI will transform human life and employment. At the VivaTech conference, he predicted that AI will make human employment optional, as robots can provide all the necessary goods and services. Although there is a fear of job loss due to AI, Musk is hopeful of a utopian society where work will become a hobby. Additionally, he highlights the…
1 year ago
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AIEmerging AI Cryptos That Will Lead the 2024 Bull Run
The cryptocurrency market is abuzz with anticipation as innovative AI-led projects show strong potential for the 2024 bull run. This article delves into the most promising AI-based cryptocurrencies poised to dominate the market. As investors seek the next big mover, these coins stand out with their ground-breaking approaches to integrating artificial intelligence with blockchain technology. The insights provided could be crucial for those aiming to stay ahead in the fast-evolving crypto space. CYBRO Gets on Crypto Whale's Radar with Presale…
1 year ago
Elon Musk’s AI Forecast: Floki Inu, BONK, and RCO Finance (RCOF) Expected to Reach New Heights Soon
The post Elon Musk’s AI Forecast: Floki Inu, BONK, and RCO Finance (RCOF) Expected to Reach New Heights Soon appeared first on Coinpedia Fintech News As promising new projects like Floki Inu (FLOKI) and decentralized trading platforms like RCO Finance (RCOF) enter the market, investors want to understand the industry’s potential directions. Tesla CEO and tech entrepreneur Elon Musk has again entered the news for his comments and predictions of AI. Stating that ‘it is important for us to worry…
1 year ago
Mirada AI Sets Stage for Decentralized AI Revolution with Upcoming IDO
Dubai, UAE, May 23rd, 2024, Chainwire Mirada AI is advancing the AI landscape through its decentralized approach, aiming to address biases and censorship often linked with centralized AI systems. By integrating blockchain technology, Mirada AI offers a transparent and secure platform that enables users to leverage advanced AI tools. The MIRX Token: Fueling Innovation Central to Mirada AI’s ecosystem is the MIRX token, which facilitates access to a range of AI services. These include image generation, large language model (LLM)…
1 year ago
Crypto AI tokens down despite Nvidia positive earnings report
With the Nvidia earnings report smashing expectations as per usual, it might have been expected that crypto AI tokens surge on the news. None of it. Despite some positive price action going into the news announcement, crypto AI tokens generally experienced a drop in price. Nvidia earnings surpass expectations Nvidia is the darling of US stocks. One of the ‘magnificent 7’, $NVDA has been responsible for around 11% of the entire S&P 500 performance over the past year. Its eagerly…
1 year ago
Bitcoin Signal Turns Bullish, Chainlink Alternative Gains Prominence in AI Sphere
The crypto world is buzzing with excitement as a crucial Bitcoin metric flashes a big “buy” signal, sending traders and HODLers alike into a frenzy. But while everyone’s got their eyes glued to the BTC charts, a new player in the altcoin arena is quietly making moves that could shake the blockchain world to its core. Enter Borroe Finance ($ROE), the AI-powered CrossFi platform looking to flip Chainlink. The Bitcoin Bull Bellows According to some analysts on Crypto Twitter, Bitcoin’s…
1 year ago
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AIThe AI Sector Might Soon Gain Traction as Whale Activity Surges! Will AI-Craze be Re-established?
The post The AI Sector Might Soon Gain Traction as Whale Activity Surges! Will AI-Craze be Re-established? appeared first on Coinpedia Fintech News Different sectors of the cryptocurrency market have demonstrated strength at various points in time. Beginning with the AI boom in Q4 2023, which propelled the entire crypto market beyond the prolonged consolidation phase. The rally that began then has remained under the bullish influence, with memecoins following suit alongside Bitcoin and Ethereum. Although AI-based tokens maintained a…
1 year ago