Amid the ongoing banking crisis in the US, the crypto market is on the rise again today. Bitcoin is trading at $26,700, up 7%. Altcoins also followed their leader, Bitcoin, and achieved significant gains. But one altcoin managed to get ahead of the others with its rise: Rejuve.AI (RJV).
The altcoin registered an intraday low of $0.04696. However, it managed to rise as high as $0.138. This shows that RJV has increased by 193% in the past 24 hours. Although the altcoin has lost some of its gains, it is still trading at $0.1099 at press time.
Cardano The growth of Rejuve.AI, a connected artificial intelligence (AI) token, is driven by the recently completed Token Generation Event (TGE). connectable. The production of tokens can be considered a critical new development for a digital currency that aims to revolutionize human health.
This remarkable performance of the altcoin price can also be attributed to artificial intelligence continuing to dominate the crypto market. Artificial intelligence His narrative has caused some cryptocurrencies to see stronger-than-expected rallies.
With the emergence of ChatGPT from OpenAI, many crypto projects are now turning to the world of AI and developing solutions and applications that can help push the boundaries and boundaries of both AI and blockchain technology.
Different emerging blockchain networks are now aligned with the fundamental principles of generative AI, and many want to use it as a way to make their mark in the thriving Web3.0 ecosystem.
Alongside Rejuve.AI, SingularityNET (AGIX) is another Cardano connected AI project that has been in the limelight so far this year.
You can check the price movements here.