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Turbo, The Graph, WienerAI among top gainers
Crypto traders can’t get enough of AI coins lately.
Several tokens focused on artificial intelligence have been booming this week, with price movements that have attracted attention.
From peg protocols to AI-powered meme coins, these projects are clearly impressing investors.
Turbo – The Viral Meme Coin project created by AI
The first AI coin that was supercharged this week is aptly named Turbo (turbo).
This meme coin has crypto traders buzzing, with its price soaring 38% in the last 24 hours to reach $0.00107.
However, this is just a fraction of TURBO’s epic journey.
Looking at the daily chart, TURBO’s value has more than doubled, accumulating a gain of over 100% in the last seven days.
Buying pressure has also caused 24-hour spot trading volumes to surge – up 153% to $37.1 million at the time of writing.
For a token that started as a GPT-4 experiment to “create the next big meme coin,” Turbo is quickly becoming more than just another crypto joke.
With a limited supply of 69 billion tokens and a growing list of listings on CEX, Turbo is once again proving that useless meme coins can be highly profitable for early backers.
Chart recovers as AI token hype builds
Another crypto AI that is making moves is The Chart (GRT).
This blockchain data indexing protocol saw its price rise over 13% in the last day to $0.306
Furthermore, the GRT token is up 22% in the last week alone.
GRT is now among the top 50 most traded cryptocurrencies globally by spot volumes, following a 79% increase in the last 24 hours.
But what’s driving all this hype?
While The Graph is not an AI project per se, it provides crucial infrastructure to power AI applications on large blockchains like Ethereum.
By organizing and indexing blockchain data into queryable subgraphs, The Graph essentially acts as the “Google” for decentralized information.
This data accessibility has become increasingly important for developers creating AI-powered dApps that require clean data sets.
As such, in the long term, The Graph protocol could be vital to unlocking the full potential of AI in areas such as DeFi, NFTs, gaming and more.
Investors are clearly betting big on this potential – as evidenced by the rise in GRT prices this week.
AI-Powered Meme Coin WienerAI Grabs Attention with Trading Bot and Staking Utility
Last but not least, it is WienerAI (WAI)which is bringing AI to the world of meme coins in a unique way.
Despite its hilarious branding, WienerAI has some serious utility under the hood.
Its main feature is an advanced AI trading bot, considered the “pinnacle of AI trading technology” by its creators.
The bot uses predictive algorithms to scan the crypto market and identify potential big winners based on the trader’s criteria.
For example, a trader could ask WienerAI to find the most promising small-cap gems, and the bot would analyze the market to offer personalized investment opportunities.
However, WienerAI offers much more than just a sophisticated trading tool.
It also makes a profit staking protocolwhereby WAI holders can earn 662% annual returns by staking their tokens.
This combination of AI prowess and betting opportunities has attracted significant attention from retail investors.
Since going live last month, WienerAI’s pre-sale has raised over $1.4 million in funding.
Even several well-known YouTube personalities have thrown their weight behind the project.
Most notably, crypto analyst ClayBro said WAI could be “the next 10x meme coin” if everything goes according to plan.
Overall, WienerAI appears to have all the tools needed to become a success in the meme coin space.
And investors will keep an eye on the project ahead of the DEX listings that are underway once the pre-sale ends.
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