NVIDIA Wind in Cryptocurrencies! Increasing Expectations Made These Altcoins Fly!

cryptocurrency The upward trend in the market continues. Although Bitcoin Even though it touched its ATH of $69,000 and started to decline, the altcoin market remains active.

At this point, especially some mem tokens and artificial intelligence altcoins stands out with its rapid rise.

The world’s number one AI chip maker on the rise of AI-themed altcoins The fact that Nvidia will hold a conference on March 18-21 was effective.

While this conference of Nvidia increased the interest in the artificial intelligence sector, Nvidia’s moves in the field of artificial intelligence also had a positive impact on the cryptocurrency market.

At this point, Nvidia’s conference Fetch.ai By inviting his team FET The upward momentum in and other artificial intelligence-themed altcoins has accelerated.

FET and RNDR Prices Skyrocketed!

While Nvidia’s conference attracted great attention, the company is expected to introduce innovations in artificial intelligence chips at the conference that will start on March 18.

While this expectation also activated the cryptocurrency market, there was a great “hype” in artificial intelligence-themed altcoin projects and tremendous increases were recorded.

According to CoinMarketCap data Fetch.ai (FET) While it reached $2.75 with a 36% increase in the last 24 hours, Render (RNDR) Its price gained more than 30% in the last 24 hours, reaching $9.73.

Making FET and RNDR investors happy, wallet number 0x488 affiliated with the Fetch_ai team deposited 5 million FET (worth $11.2 million) to Binance about 12 hours ago. This wallet has been inactive for 6 months and still holds 1.12 billion FETs (worth $3 billion).

*This is not investment advice.

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