With the current market capitalization of the AI coin cryptocurrency market at $38.4 billion and a 2.35% increase, investors are actively seeking the next lucrative opportunities in this rapidly expanding sector. Amidst numerous options, three coins have surfaced as prime candidates for potential 2X profits: Near Protocol (NEAR), The Graph (GRT), and Theta Network (THETA).
Near Protocol (NEAR)
Source – CryptoSlate
Near Protocol, a scalable blockchain platform that is developer-friendly, has been making notable progress in the AI domain. At present, NEAR is priced at \(6.91, marking a 10.09% surge in the last 24 hours. The coin’s 24-hour trading range is between \)4.32 and $8.08, demonstrating a strong upward trend.
Although the current price is 66.24% lower than its all-time high of $20.42 achieved on January 17, 2022, many investors are optimistic about Near Protocol’s AI focus and its robust ecosystem, foreseeing significant growth in the upcoming months and years.
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The Graph (GRT)
Source: The Graph
The Graph, a decentralized protocol for indexing and querying blockchain data, has emerged as a prominent player in the AI coin market. Trading at \(0.2971 currently, GRT has experienced a 2.78% increase in the past 24 hours. The coin’s daily low and high are \)0.2036 and $0.4253, respectively, indicating its potential for volatility and significant price fluctuations.
Despite The Graph’s all-time high of $2.88 recorded on February 12, 2021, seeming distant, the current price reflects an 89.71% decline from its peak, suggesting substantial growth potential.
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Theta Network (THETA)
Source: Forkast News
Theta Network, a decentralized platform for video streaming with a focus on AI-driven content delivery, stands out as a noteworthy contender in the AI coin market. Currently priced at \(2.35, THETA has seen a 3.05% increase in the last 24 hours. The coin’s daily trading range is between \)1.73 and $3.22.
Despite a decline of 85.24% from its all-time high of $15.90 achieved on April 16, 2021, Theta Network’s distinct value proposition and the rising demand for decentralized video streaming solutions position it as a strong player in the AI coin arena.
Also read: Cryptocurrency: Top 3 Coins That Could 10X In The Bull Run
As the AI coin market expands, investors are keen on pinpointing the top contenders for substantial returns. Near Protocol, The Graph, and Theta Network have emerged as three coins with the potential to yield 2X profits, each offering unique value propositions and a focus on AI-powered solutions.