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• With OpenAI’s new model on the horizon, some altcoins are likely to outperform.
• Investors can refer to the artificial intelligence sector of altcoins to maximize their gains.
• Worldcoin and TokenFi could continue to outperform their peers.

Artificial intelligence (AI) company OpenAI announcement Tuesday that she began training her new Frontier model.

OpenAI recently began training its next frontier model and we anticipate that the resulting systems will take us to the next level of capabilities on our path to AGI.

This news, coupled with rumors that the GPT-5 (Generative Pre-trained Transformer) has already been trained, suggests that the release of the next model is not too far away.

Because people are now seriously starting to say that the new model that OpenAI says it’s starting to train is GPT-5, here’s the benchmark again.
GPT-5 was already tested by the red team in April. The training has long been over.
Which has now started in training… https://t.co/vIwa3DuhYz

– Chubby♨️ (@kimmonismus) May 28, 2024

Because people are now seriously starting to say that the new model that OpenAI says it’s starting to train is GPT-5, here’s the benchmark again.
GPT-5 was already tested by the red team in April. The training has long been over.
Which has now started in training… https://t.co/vIwa3DuhYz

– Chubby♨️ (@kimmonismus) May 28, 2024

Certain cryptocurrency sectors tend to be influenced by developments in the field of AI. For example, profits from GPU manufacturing company Nvidia have played a key role in the performance of some AI-based altcoins. Likewise, the release of the highly anticipated GPT-5 model could trigger a similar rally in the altcoin AI category.

Learn more: AI, Meme Coins and Prediction Market Tokens Soar Ahead of Ethereum ETF Decision

AI cheat sheet for the GPT-5 version

Below is the performance of some AI-based altcoins. TokenFi (TOKEN) is a clear winner, gaining 37% over the past seven days. The gains of other cryptocurrencies are tiny and cannot be compared to TOKEN.

Altcoins AI Performance

Regardless of their performance over the past seven days, here are two tokens that could see a considerable surge in the coming days.

1. Token (TOKEN), because of its momentum.
2. World Currency (WLD), due to its connection with OpenAi, i.e. Sam Altman.

Learn more: Worldcoin Price Could Rise 20% If Nvidia Profits Beat Estimates

Let’s see where TokenFi price could go next.

The 12-hour chart for TOKEN shows that it is at a critical point in its uptrend. TokenFi price has surged 42% over the past two weeks so far and is currently retesting $0.161, the midpoint of the $0.0762 to $0.246 range. Additionally, this level coincides with the high volume of the volume profile. node. This indicator tracks the distribution of trading volume across different price levels and can be interpreted as high-volume and low-volume node locations. The former can serve as a support or resistance level depending on the relative position of the price. These, however, are considered pockets of liquidity that act as buying zones and attract price reversals.

Going forward, in the event of a rejection at the key hurdle of $0.161, investors can expect TOKEN to retest the $0.135 and $0.129 support levels. This 15% correction can be a good accumulation opportunity for marginalized and long-term investors. The Relative Strength Index (RSI) is hovering in the overbought zone and supports the potential pullback. However, investors should note that no short-term sell signals support this correction.

Regardless, if said pullback occurs, TokenFi could stabilize around the levels mentioned above. Following this, a rebound could see TOKEN attempt to retest the 62% retracement level at $0.181, which coincides with Volume Profile’s high volume node, making it a good level to book profits, at least for swing traders.

TOKEN/USDT 12-hour chart

On the other hand, if TokenFi price fails to rebound around the $0.135 and $0.129 levels, it could indicate weakness among buyers. In such a case, TOKEN bulls might have a chance to form a base around $0.110, called point of control (POC) and which is the highest level of traded volume for the selected range, according to the profile indicator of volume.

A breakout of the $0.110 level will create a clean break in the market structure producing a lower low than the May 23 low of $0.108. Such a devastating move would invalidate the bullish thesis and could trigger a further 30% correction to $0.0762.

• With OpenAI’s new model on the horizon, some altcoins are likely to outperform.
• Investors can refer to the artificial intelligence sector of altcoins to maximize their gains.
• Worldcoin and TokenFi could continue to outperform their peers.

Artificial intelligence (AI) company OpenAI announcement Tuesday that she began training her new Frontier model.

OpenAI recently began training its next frontier model and we anticipate that the resulting systems will take us to the next level of capabilities on our path to AGI.

This news, coupled with rumors that the GPT-5 (Generative Pre-trained Transformer) has already been trained, suggests that the release of the next model is not too far away.

Because people are now seriously starting to say that the new model that OpenAI says it’s starting to train is GPT-5, here’s the benchmark again.
GPT-5 was already tested by the red team in April. The training has long been over.
Which has now started in training… https://t.co/vIwa3DuhYz

– Chubby♨️ (@kimmonismus) May 28, 2024

Because people are now seriously starting to say that the new model that OpenAI says it’s starting to train is GPT-5, here’s the benchmark again.
GPT-5 was already tested by the red team in April. The training has long been over.
Which has now started in training… https://t.co/vIwa3DuhYz

– Chubby♨️ (@kimmonismus) May 28, 2024

Certain cryptocurrency sectors tend to be influenced by developments in the field of AI. For example, profits from GPU manufacturing company Nvidia have played a key role in the performance of some AI-based altcoins. Likewise, the release of the highly anticipated GPT-5 model could trigger a similar rally in the altcoin AI category.

Learn more: AI, Meme Coins and Prediction Market Tokens Soar Ahead of Ethereum ETF Decision

AI cheat sheet for the GPT-5 version

Below is the performance of some AI-based altcoins. TokenFi (TOKEN) is a clear winner, gaining 37% over the past seven days. The gains of other cryptocurrencies are tiny and cannot be compared to TOKEN.

Altcoins AI Performance

Regardless of their performance over the past seven days, here are two tokens that could see a considerable surge in the coming days.

1. Token (TOKEN), because of its momentum.
2. World Currency (WLD), due to its connection with OpenAi, i.e. Sam Altman.

Learn more: Worldcoin Price Could Rise 20% If Nvidia Profits Beat Estimates

Let’s see where TokenFi price could go next.

The 12-hour chart for TOKEN shows that it is at a critical point in its uptrend. TokenFi price has surged 42% over the past two weeks so far and is currently retesting $0.161, the midpoint of the $0.0762 to $0.246 range. Additionally, this level coincides with the high volume of the volume profile. node. This indicator tracks the distribution of trading volume across different price levels and can be interpreted as high-volume and low-volume node locations. The former can serve as a support or resistance level depending on the relative position of the price. These, however, are considered pockets of liquidity that act as buying zones and attract price reversals.

Going forward, in the event of a rejection at the key hurdle of $0.161, investors can expect TOKEN to retest the $0.135 and $0.129 support levels. This 15% correction can be a good accumulation opportunity for marginalized and long-term investors. The Relative Strength Index (RSI) is hovering in the overbought zone and supports the potential pullback. However, investors should note that no short-term sell signals support this correction.

Regardless, if said pullback occurs, TokenFi could stabilize around the levels mentioned above. Following this, a rebound could see TOKEN attempt to retest the 62% retracement level at $0.181, which coincides with Volume Profile’s high volume node, making it a good level to book profits, at least for swing traders.

TOKEN/USDT 12-hour chart

On the other hand, if TokenFi price fails to rebound around the $0.135 and $0.129 levels, it could indicate weakness among buyers. In such a case, TOKEN bulls might have a chance to form a base around $0.110, called point of control (POC) and which is the highest level of traded volume for the selected range, according to the profile indicator of volume.

A breakout of the $0.110 level will create a clean break in the market structure producing a lower low than the May 23 low of $0.108. Such a devastating move would invalidate the bullish thesis and could trigger a further 30% correction to $0.0762.

Fuente