Artificial Intelligence Coins on the Rise: TFUEL, ZIG, and AKT
Artificial intelligence (AI) is now the dominant narrative in the cryptocurrency space, and several cryptocurrencies are capitalizing on it. TFUEL’s market capitalization is approaching $500 million after rising 18% over the past seven days, but is still well below its 2021 peak. Driven by strong market interest and its growing market capitalization of $200 million, ZIG is up 15% over the past week and is approaching an all-time high.
At the same time, AKT, the fifth largest artificial intelligence token, has risen 22% this week and is about to exceed $1 billion in market value, highlighting its strong momentum and expanding role in the field of decentralized cloud computing.
Theta Fuel (TFUEL)
TFUEL is coin Theta Network is a blockchain-powered video streaming platform. Its approach aims to reduce streaming costs while improving content quality and expanding distribution.
TFUEL has gained 18% in the past seven days and now has a market capitalization of nearly $500 million. Despite recent growth, altcoins remain well below 2021 levels all time highonly one-tenth of the peak value. This highlights its potential for recovery and the challenges of returning to previous levels.
T fuel relative strength index It is currently at 50, indicating neutral momentum where neither buyers nor sellers are dominant. If the uptrend strengthens again, it could rise to a test of $0.080 and possibly $0.1. However, if the trend reverses, the price could drop by $0.054 or even $0.047.
Purple Island (ZIG)
ZIGDAO, formerly known as Zignaly, is a platform designed to enable Crypto copy trading and AI. It allows users to invest in digital assets following the strategies of top managers and funds.
ZIG is currently 20% below its all-time high, but may be preparing to test it again. The token’s market capitalization recently topped $200 million and is up 15% in the past seven days.
If the uptrend remains strong, ZIG could break out of its all-time high above $0.19. However, a reversal in market sentiment may cause the coin to test the $0.127 support. Failure to reach this level could expose ZIG to a deeper correction, possibly down to $0.081.
Akash Network (AKT)
akash network Is a decentralized open source cloud computing platform designed to connect people who need computing power with providers that provide cloud resources AI.
AKT is the native token of Akash and is currently the fifth largest token Artificial Intelligence-Centric Coin The market size is close to US$1 billion. AKT is up 22% over the past seven days, showing strong momentum and positioning itself for further growth as it reaches this important milestone in the coming weeks.
If the uptrend continues, AKT could test resistance at $4.71 and could rise to $5 for the first time since May 2024. However, if market sentiment changes and the trend reverses, AKT could face downward pressure to test the $2.87 and $2.43 support levels.
Disclaimer
conform to trust project Guide, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to providing accurate and unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult a professional before making any financial decisions. Please note that our terms and Conditions, privacy policyand Disclaimer Updated.