The cryptocurrency market is showing signs of recovery today. Bitcoin (BTC) price is back above $68,000 after reaching an all-time high of $73,836. Ethereum price maintained the level of $ 3,600. Meanwhile, other leading altcoins such as XRP, Cardano (ADA), and Solana (SOL) also experienced significant gains. However, the ones that really left their mark on the agenda were artificial intelligence coins. Here are the details…
Today’s important cryptocurrency prices
Bitcoin experienced a significant recovery today. Bitcoin price rose 3.23% to $68,462.46 at the time of writing on Monday. On the other hand, transaction volume decreased by 9.80% in the last 24 hours, falling to 44.32 billion dollars. In the altcoin arena, Ethereum price rose 1.70% to $3,621.67 today, with a market cap of $434.85 billion. ETH transaction volume decreased by 3.54% to $19.92 billion. Solana price continued its rise and surpassed BNB as it climbed above $200. Solana price increased by 10.11% to $202.02.
Meanwhile, Binance Coin (BNB) price could not resist the upward momentum and fell 2.38% to $565.73. Additionally, 24-hour trading volume decreased by 3.03% to $3.64 billion. XRP price continues to trade above $0.62. XRP price increased by 1.57% to $0.6219. In contrast, XRP’s trading volume fell by 19.97% to $1.79 billion. Cardano price increased by 1.12% today and reached $0.6751.
What is the latest situation in Meme coin prices?
While top cryptocurrency prices broke out of the downtrend, popular meme coins extended their losses. Dogecoin price increased by 5.09% to $0.1524, while its rival Shiba Inu price increased by 10.85% to $0.00002872. Additionally, Pepe Coin (PEPE), a popular meme coin, experienced a significant recovery today. At the time of writing, Pepe Coin price rose 2.94% to $0.000007823, with a market cap of $3.27 billion. On the other hand, 24-hour trading volume decreased by 24.12% to 1.27 billion dollars.
Dogwifhat (WIF), a meme coin based on the Solana Blockchain, has seen a phenomenal rise of over 30%. Because it has become the most profitable cryptocurrency today. WIF price has jumped 30.34% to $3.03 at the time of writing. Additionally, transaction volume increased by 85.45%, reaching $1.28 billion. Additionally, Dogwifhat coin recorded a peak of $3.10 amid the recent rally.
Artificial intelligence coins are on the agenda
Artificial Intelligence (AI) coins have continued to make big moves in recent weeks in light of significant developments in the global Artificial Intelligence space. According to data, the AI coin index increased by another 16% in the last 24 hours. Thus, the total market value exceeded 26 billion dollars. The total transaction volume in the AI coin industry exceeded $3.5 billion. Nvidia CEO Jensen Huang will kick off Nvidia’s annual GTC conference with a two-hour keynote at the SAP Center in San Jose, Calif., on Monday, March 18, where he will unveil the company’s plans for this year.
Historically, Nvidia has used this platform to promote some of its most important products. cryptokoin.com As we reported at , in 2022, Hopper introduced its graphics architecture and the H100 graphics processing unit, which has since become a preferred choice for companies training and deploying AI models.
This year, there are widespread expectations that Nvidia will introduce successors to the Hopper and H100, potentially sparking a new wave of interest in the company’s offerings. Last week, Nvidia teased the imminent release of the Blackwell B100 AI GPU. In another development, NVIDIA and Google have formed a strategic partnership that aims to integrate Google’s Gemma AI technology into NVIDIA’s product suite.
The most rising artificial intelligence coins
As expectations grow for the upcoming Nvidia GTC conference, the market for AI tokens has experienced significant upside. Additionally, prices increased by over 16.8% in a 24-hour period. Among the featured players, RNDR leads with a significant increase of 20%, followed closely by TAO with an increase of 12%. Additionally, FET surged a notable 13%, underscoring the bullish sentiment surrounding AI-related assets ahead of the conference.
Some of the biggest gainers in the AI coin industry in 24 hours were coins that were not very popular. For example, Rosnet, Precipitate.ai and LaLM AI, each of which gained more than 50% in value, attracted attention. The dominant trend continues to center around the Artificial Intelligence (AI) narrative. This is pushing AI-based altcoins to significant gains. Fetch.AI (FET) is up an impressive 528% in just 28 days. Additionally, Worldcoin (WLD) has surged a remarkable 456% in the same period. With the upcoming Nvidia AI conference on the horizon, these AI tokens are poised to further benefit from the industry’s momentum.
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