Jakarta, Pintu News – The artificial intelligence -focused cryptocurrency market continues to show interesting dynamics. With the rapid development of the technology, some AI coins stand out for their growth potential. Here are three AI coins worth keeping an eye on in the first week of May.
Story (IP) has recorded an increase of almost 5% in the last seven days, but its performance is still relatively lacking when compared to other AI coins. Nonetheless, Story remains a project with a strong foundation and increasing relevance in the decentralized content space. Currently, IP is trading very close to the key support at $3.82, which is an important point for further observation.
With clear support and resistance, Story’s opportunity to increase market value is still wide open. Market analysts suggest watching Story’s movement around this support level, as it could be a turning point for the next trend. If it can maintain this level, the potential for price increases becomes very likely.
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Virtuals Protocol has surged nearly 90% in the past seven days, fueled by renewed excitement regarding the artificial intelligence narrative and crypto AI agents. This sharp rise indicates strong market interest in AI-related projects, putting VIRTUAL in a favorable position ahead of the next major technical level.
Further analysis shows that VIRTUAL may face some resistance levels which will be challenging. However, strong momentum could help VIRTUAL break through these resistances and reach higher price targets. Investors and market watchers are advised to keep an eye on this coin due to its great potential in the short term.
In contrast to other AI coins, GRASS has only shown a gain of 0.4% over the past seven days, a performance that is arguably less impressive. Nonetheless, there are still signs of GRASS’ underlying strength, although it remains unclear whether it can capitalize on the broader AI narrative.
From a technical analysis, GRASS is currently between several support and resistance levels that could determine its next direction. Investors may need to be patient and observe whether GRASS can capitalize on the changing market conditions to strengthen its position in the crypto ecosystem.
Keeping an eye on AI coins in the crypto market is essential, especially for those looking for potentially lucrative investment opportunities. Story (IP), Virtuals Protocol (VIRTUAL), and GRASS offer different perspectives on the AI trend, each with its unique potential and challenges. Investors are advised to conduct in-depth research before making an investment decision.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.