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AI tokens show a weekly increase in value
The cryptocurrency market has shown significant growth in recent days, especially among artificial intelligence (AI) tokens. This week’s leaders were Theta Fuel (TFUEL), ZigDAO (ZIG), and Akash Network (AKT), which showed impressive results.
TFUEL is a native token of Theta Network’s blockchain-based video streaming platform. This technology reduces broadcasting costs, improves content quality, and expands its reach.
During the week, TFUEL’s value increased by 18%, approaching a market capitalization of $ 500 million. Despite this, the token still remains well below its all-time high in 2021.
If the growth continues, TFUEL could reach $ 0.080 and even $ 0.1. However, in case of a trend change, a correction to $ 0.054 or $ 0.047 is possible.
ZigDAO (ZIG), formerly known as Zignaly, is a copy-trading platform that uses AI algorithms to allow investors to replicate the strategies of leading traders and funds.Over the past week, the ZIG token has grown by 15%, and its market capitalization has exceeded $ 200 million. The token is currently trading 20% below its all-time high.
If the uptrend continues, the price of ZIG may reach $ 0.19. However, a decline in market sentiment could bring it back to support at $ 0.127.
The Akash Network is a decentralized platform that connects customers in need of computing power with cloud resource providers. Its AKT token ranks fifth among AI coins, having reached a capitalization of almost $ 1 billion.Over the past seven days, AKT has risen by 22%, demonstrating strong momentum for further growth.
If the trend continues, the token could reach $ 5 for the first time since May 2024. In case of profit-taking, it may fall to $ 2.87 or $ 2.43.
The growth of artificial intelligence tokens confirms their popularity and prospects. However, analysts warn about the risks of correction, which will depend on market sentiment.