Cryptocurrency

NVIDIA set to rally further, potentially boosting FET, NEAR, and MTAUR to unprecedented highs

Nvidia’s growth trajectory underscores the broader market’s anticipation for AI-driven advancements, which is a positive signal for blockchain projects aligned with AI. The sustained demand for Nvidia’s GPUs and the company’s strategic market position highlight a significant opportunity for cryptocurrencies like Near Protocol (NEAR) and Fetch.ai (FET).

 

Meanwhile, another emerging project is uniquely positioned to capitalize on the symbiotic relationship between AI and blockchain, with its focus on cutting-edge AI applications within its ecosystem. Read on to explore the potential of the three digital assets to reach unprecedented highs. 

No Delays: Minotaurus Offers a Low-Cost Entry Point into the $14.78 Billion Market

Let’s begin our exploration with the newcomer, Minotaurus. The $14.78 billion casual gaming sector is expected to expand by 9% yearly, according to Statista, and Minotaurus, a blockchain gaming startup that is now in presale, hopes to tap into it. 

Within this environment, you may play a labyrinth navigation game, complete with boss fights, trap avoidance, and coin collection. The game is mobile-friendly and also: the players can personalize their characters, get power-ups, unlock locations, and level up their powers wherever they are.

On a more pragmatic side of things, you may enjoy significant savings if you join during the presale. With the first presale stage, you’ll be purchasing $MTAUR tokens for $0.00004 apiece instead of the listed price of $0.00020. That could be 5-fold savings, which is not too shabby!

Exploring the Appeal

It’s just the entry into a dynamic niche or advantageous price that define Minotaurus. You will be able to unlock different characters, shop around, personalize your look, get access to special zones, and play minigames using $MTAUR. Beyond that, you will be able to receive benefits when you refer your friends.

The project’s tokenomics uses cliff and vesting mechanisms to release tokens gradually, balancing supply and demand. Also, by undergoing audits from SolidProof and Coinsult, Minotaurus shows that its activities are transparent and safe.

Begin Today

Minotaurus is a great platform for newcomers to the cryptocurrency world because of its inexpensive pricing point, token’s obvious usefulness, promising market, and effective security measures. 

Take advantage of our 80% off sale by linking your wallet now. Use JKF821 at checkout to get an extra +5% to your purchase; this pass is only good for up to 48 hours after the article is published.

Near Protocol (NEAR): Riding the AI Wave

Moving on to Near Protocol (NEAR), the coin that has recently shown a significant surge, driven by its strategic integration of AI technologies. Over the past ten days, Near Protocol (NEAR) has experienced a remarkable 16.61% increase, a notable achievement amidst a general downtrend in the crypto market. This rise is largely attributed to the growing adoption of AI within the blockchain sector, as highlighted by the Near Protocol (NEAR) Foundation’s commitment to unifying blockchain and AI. The sentiment surrounding Near Protocol (NEAR) is positive, supported by its increasing user base, with 16.3 million addresses, and the integration of advanced AI capabilities.

 

Near Protocol’s (NEAR) recent price movements have been buoyed by its strategic AI collaborations and developments in AI technology from industry giants like Nvidia. With a recent trading volume increase of 29.98% over 72 hours, Near Protocol’s (NEAR) price has surged to approximately $5.3, reflecting strong market confidence. Technical indicators such as the Money Flow Index (MFI) at 59 and the Simple Moving Average (SMA) suggest a continuation of this upward trend, positioning Near Protocol (NEAR) well for future gains. If the buying momentum persists, Near Protocol (NEAR) could potentially break through its next resistance level around $5.755 and aim for $6.396 in a highly bullish scenario.

 

Looking ahead, Near Protocol’s (NEAR) integration of AI technologies positions it for continued growth. The current bullish sentiment, coupled with strategic AI advancements, could propel Near Protocol (NEAR) to higher price levels. However, it is crucial to consider potential market volatilities and the broader crypto market trends that may impact its trajectory. 

Fetch.ai (FET): A Strong Rebound

Wrapping up our today’s discussion is Fetch.ai (FET), the project that has recently rebounded impressively after a sharp decline. This coin is driven by the broader AI sector’s growth and the increasing demand for AI-powered blockchain solutions. Fetch.ai’s (FET) unique approach to combining AI with blockchain has positioned it as a noteworthy player in the market, attracting attention from both traders and analysts.

 

The recent price action of Fetch.ai (FET) indicates a strong upward momentum. After finding support around the $1.11 mark, Fetch.ai (FET) has rallied, crossing critical resistance levels and demonstrating a bullish pattern. As of the latest data, Fetch.ai (FET) is trading at approximately $1.5, with a 24-hour trading volume of $275 million and a market capitalization of $1.24 billion. Analysts project a potential upside of over 120%, with a possibility of reaching $2.3 in the short term and aiming for its all-time high of $3.485. Technical indicators such as the formation of a higher low and the Hidden Bullish Divergence suggest that the recent pullback may be temporary, paving the way for further gains.

 

The outlook for Fetch.ai (FET) remains optimistic, with analysts predicting significant price increases if key resistance levels are breached. The potential for Fetch.ai (FET) to return to its all-time high presents an attractive opportunity for traders. However, the market remains unpredictable, and external factors such as Bitcoin’s performance could influence Fetch.ai’s (FET) trajectory.

 

Conclusion

The integration of AI technologies is driving substantial growth in the blockchain sector, with Near Protocol (NEAR) and Fetch.ai (FET) standing out as prominent beneficiaries. Minotaurus (MTAUR) also has the chance to benefit from the relationship between AI and blockchain. With a strategic market alignment, robust monetization strategy, and compelling incentives for participants, Minotaurus could be well-positioned for success. 

Learn more about Minotaurus:

Website: http://minotaurus.io/

Announcements: https://t.me/minotaurus_official

Chat: https://t.me/minotaurus_chat

Twitter: https://twitter.com/minotaurus_io

The post NVIDIA set to rally further, potentially boosting FET, NEAR, and MTAUR to unprecedented highs appeared first on Blockonomi.

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