$BTC $NEAR $RENDER
🔹 AI-Focused Altcoin Explosion: Don't Miss the Opportunities with 5 Coins!
🔹 As an exciting period begins in the cryptocurrency market, AI-themed altcoin projects are once again on the scene! These projects, which are gaining momentum, are preparing to change the dynamics of the market.
🔹 While AI-driven cryptocurrencies are making a significant splash in the altcoin market, critical catalysts seem set to come into play for Bitcoin’s big breakout expected in the fourth quarter of 2024.
🔹 Among the 42 altcoins that outperformed Bitcoin this year, the weight of artificial intelligence projects is striking.
🔹 Layer-1 blockchain project Near (NEAR) and decentralized computing platform Render (RNDR) are among the fastest rising assets in the market, gaining between 18% and 20% in the last 24 hours. These two cryptocurrencies stand out in the CoinDesk 20 Index, which increased by 1.5%.
🔹 During the same period, decentralized machine learning protocol Bittensor (TAO) saw a 17% increase. Livepeer (LPT) is also gaining value after being described as an “under-the-radar AI-driven crypto” by Barry Silbert, CEO of Digital Currency Group (DCG).
🔹 LPT is featured as part of the Grayscale Decentralized AI Fund, launched by DCG’s asset management arm.
🔹 On the other hand, Bitcoin is struggling to regain the 200-day moving average, which is just below $64,000, with less than 1% up. Ethereum, on the other hand, is performing more strongly than Bitcoin, with a 3.5% increase.
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#Cryptocurrency#ArtificialIntelligence#Altcoin#Bitcoin#Ethereum#NEAR#RNDR#TAO#LPT #Rise
