AI Tokens Rally as Sam Altman’s Tweet Sparks Buying Frenzy

• Sam Altman’s tweet sparks artificial intelligence token rally amid broader crypto downturn.
• AI-related cryptocurrencies see a 5.2% surge, pushing the sector market cap to $2.57 trillion.
• Projects like Bittensor, Internet Computer, and Render show notable 24-hour gains.

Artificial intelligence tokens have defied the broader crypto market downturn, surging after a cryptic tweet from OpenAI CEO Sam Altman. While most of the crypto market continues to struggle with bearish sentiment, AI-related tokens have surged by 5.2% in the past 24 hours. The surge has pushed the sector’s total market capitalization to $2.57 trillion.

Altman’s tweet appears to have triggered substantial buying interest in AI-focused blockchain projects. The timing of the tweet coincided precisely with the beginning of the price action, suggesting that investors are closely monitoring signals from key AI industry leaders for trading opportunities in the crypto space.

Bittensor (TAO) has surfaced as one of the standout performers in the AI token category. TAO has surged 16.39% over the last 24 hours. The protocol, which focuses on creating decentralized machine-learning networks, saw its token price climb to $269.47.

Other AI crypto projects showing strength include Internet Computer (ICP), which has gained 2.62% in the last day, trading at $5.36 with a market cap exceeding $2.56 billion. Render (RENDER), a decentralized GPU rendering network, has posted a 2.36% 24-hour gain.

The performance of AI-related tokens stands in stark contrast to the overall cryptocurrency market. Major cryptocurrencies like Bitcoin and Ethereum have continued to slide lower, while specialized AI tokens have found support.

Related: Top 5 AI Agent Tokens to Watch – Market Trends & Prices

Trading volume for AI tokens has surged since Altman’s tweet, with several projects seeing their daily trading activity more than double. NEAR Protocol (NEAR) has shown a slight increase, gaining 1.19% in the past hour and 0.15% decline over 24 hours. Currently trading at $2.43, NEAR maintains a market cap of nearly $2.88 billion.

Similarly, DexE (DEXE) has shown modest positive movement, up 0.20% in the last hour and 0.32% over 24 hours, while trading at $17.38. Story (IP) has shown particular strength among mid-cap AI tokens, gaining 2.73% in the past 24 hours.

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