Artificial intelligence (AI) stocks and cryptocurrency are expected to gain attention this week during NVIDIA's GTC event. The event will be significant for showcasing the company's latest innovations and products. Investors may be looking to capitalize on this momentum by considering top AI altcoins to invest in before the event.
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Artificial intelligence (AI) stocks and crypto will be in the spotlight this week as NVIDIA conducts its closely-watched GTC event in the US. This will be a crucial event where the company showcases its top innovations and products.
NVIDIA showcased some key products in the GTC event in 2024. The most notable product was Blackwell GPU platform, the most powerful product for handling advanced AI workloads. The B200 GPU combined two Blackwell dies into a single chip. NVIDIA also showcased the NVIDIA NIM software product, GB200 Grace Blackwell Superchip, and the DGX SuperPOD. The event also sees the company unveil partnerships with other companies in the tech industry.
Some of the top AI altcoins to buy ahead of the GTC event this week are Virtuals Protocol (VIRTUAL), Render (RNDR), and Artificial Superintelligence Alliance (FET).
The first AI altcoin to consider is the Virtuals Protocol, which is a major player in the industry. Virtuals Protocol is a platform that enables users to generate AI agents. The VIRTUAL token price has crashed by over 85% from its highest level this year. Still, there is a likelihood that it will bounce back ahead of the NVIDIA GTC event since it has become highly oversold.
Render is one of the top AI coins in the crypto industry that helps developers and designers use advanced NVIDIA chips by leasing them. Render token price has crashed to $3 from last year’s high of $13.50, with a possibility of rebound as investors buy the dip.
The Artificial Superintelligence Alliance is an alliance made of four key players in the AI industry like Fetch ai, Ocean Protocol, SingularityNET, and Cudos. The FET token has crashed from the all-time high of $3.5 in March to a low of $0.5165, with potential for a rise.
It is still too early to determine whether these AI coins will rise or fall ahead of, during, and after the NVIDIA GTC event this week. A likely situation is where they rise as the event hype rises and then resume the downward trend as investors sell the hype.
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