AI Tokens Soar in Weekly Trading Volume: RENDER, TAO & WLD Lead

The post AI Tokens Soar in Weekly Trading Volume: RENDER, TAO & WLD Lead appeared on BitcoinEthereumNews.com. According to the recent market analysis by the Phoenix Group, some AI tokens like RENDER, TAO, and WLD are leading the charts. This report gives information on last week’s trading activity of AI-related cryptos. The observed general summary of Phoenix Group indicates the rising dominance of certain tokens and the fluctuations in their price and market capitalization.  TOP #AI TOKENS BY WEEKLY TRADING VOLUME$RENDER $TAO $WLD $FET $IO $AI $GRT $ATH $NFP $AGI $MASA $AKT $TAI $NMR $XR pic.twitter.com/kusCzEMtFg — PHOENIX – Crypto News & Analytics (@pnxgrp) October 6, 2024 A Leader Emerges: RENDER Tops the Chart At the top of this list is RENDER, with a weekly volume of $2.20B. However, despite its significant trading volume, RENDER has seen a 14.2% decline in price over the past seven days. Its market capitalization is $2.8 billion and remains an influential participant, but fluctuations are still evident. TAO and WLD Close Behind Well behind $RENDER are $TAO and $WLD, trading at a weekly turnover of $1.82B and $1.81B, respectively. $TAO saw a notable 5.9% gain in price, and its overall market value is $4.1B, which is the largest here. This means investors are confident due to the greater adoption of solutions and integration with other systems. $WLD has struggled with a 5.9% price drop that may be well attributed to overall market fluctuations. While currently ranking lower with its market cap at $941.4M, its trading volume far exceeds the trading volume of $TAO, suggesting continuous interest of the crypto users. FET and IO: Mid-Range Performers $FET and $IO, with weekly turnovers of $1.61B and $370M, respectively, are mid-range performers with respect to weekly trading volume. Seemingly, $FET is among the best-performing tokens in the decentralized machine learning and AI space, but in the last week, the price fell by 11.9% to…

Oct 6, 2024 - 23:00
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AI Tokens Soar in Weekly Trading Volume: RENDER, TAO & WLD Lead

The post AI Tokens Soar in Weekly Trading Volume: RENDER, TAO & WLD Lead appeared on BitcoinEthereumNews.com.

According to the recent market analysis by the Phoenix Group, some AI tokens like RENDER, TAO, and WLD are leading the charts. This report gives information on last week’s trading activity of AI-related cryptos. The observed general summary of Phoenix Group indicates the rising dominance of certain tokens and the fluctuations in their price and market capitalization.  TOP #AI TOKENS BY WEEKLY TRADING VOLUME$RENDER $TAO $WLD $FET $IO $AI $GRT $ATH $NFP $AGI $MASA $AKT $TAI $NMR $XR pic.twitter.com/kusCzEMtFg — PHOENIX – Crypto News & Analytics (@pnxgrp) October 6, 2024 A Leader Emerges: RENDER Tops the Chart At the top of this list is RENDER, with a weekly volume of $2.20B. However, despite its significant trading volume, RENDER has seen a 14.2% decline in price over the past seven days. Its market capitalization is $2.8 billion and remains an influential participant, but fluctuations are still evident. TAO and WLD Close Behind Well behind $RENDER are $TAO and $WLD, trading at a weekly turnover of $1.82B and $1.81B, respectively. $TAO saw a notable 5.9% gain in price, and its overall market value is $4.1B, which is the largest here. This means investors are confident due to the greater adoption of solutions and integration with other systems. $WLD has struggled with a 5.9% price drop that may be well attributed to overall market fluctuations. While currently ranking lower with its market cap at $941.4M, its trading volume far exceeds the trading volume of $TAO, suggesting continuous interest of the crypto users. FET and IO: Mid-Range Performers $FET and $IO, with weekly turnovers of $1.61B and $370M, respectively, are mid-range performers with respect to weekly trading volume. Seemingly, $FET is among the best-performing tokens in the decentralized machine learning and AI space, but in the last week, the price fell by 11.9% to…

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