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Best AI Tokens to Accumulate for the Upcoming Bullish Rally!
The cryptocurrency market started the month of July on a positive note after experiencing strong bearish price sentiment over the past month. Furthermore, the market leader, BTC price increased by 4.38% over the past day with a 24-hour high of $63,700 and a trading volume of $21.47 billion.
Furthermore, leading Artificial Intelligence (AI) tokens have successfully regained momentum and recorded a significant uptrend in their respective portfolios. Furthermore, with the growing hype of the AI category, will these altcoins dominate the cryptocurrency market during the upcoming bull rally?
Let’s move on because, in this article, we have covered the top 4 AI-based altcoins that have the potential to post huge gains during the upcoming bull rally.
Zignaly (ZIG):
This project is a Web 3 AI-based revenue-generating social investment platform for the new generation. The platform is widely used to connect the world’s best fund managers and digital asset investors. Its native token “ZIG” serves as a utility token in the Zignaly ecosystem.
TradingView: ZIG/USDT
Positively, this altcoin has jumped 12.61% in valuation over the past 24 hours and 64.56% over the past week. Additionally, it has added 31.76% to its portfolio over the past 30 days and has rewarded its long-term investors with a Year-to-Date (YTD) return of +371.62%.
The technical indicator, SMA, shows a bullish curve on the price chart, suggesting a strong bullish sentiment in the cryptocurrency market. On the other hand, the MACD shows a steady increase in the histogram with its averages recording a similar trend.
With the sentiment becoming increasingly bullish, ZIG price may head towards its upper high of $0.190 in the near future. However, a bearish reversal could push the price towards its low of $0.075 in the coming weeks.
XMON (XMON):
Built on the Ethereum chain, the XMON project serves as a utility token in the Oxmonos Non-funable Token (NFT) ecosystem. Oxmonos is a platform known for creating and exchanging neural network-generated pixel monster NFTs. The XMON token plays a crucial role in the functionality and economics of this ecosystem.
With a trading price of $677.49, a circulating supply of only 1,495 XMON tokens and a total supply of 10,000. The XMON altcoin has secured the 1,757th position in the global cryptocurrency list with a market cap of $1,012 million.
On the positive side, AI token is up 18.99% over the past day with a -69.24% change in its trading volume. Also, XMON price is up 19.22% over the past week. Furthermore, it has jumped 4.88% over the past month, indicating a growing bullish sentiment towards it in the cryptocurrency industry.
Marlin (TIN):
Marlin is a high-performance open protocol that offers programmable infrastructure for decentralized finance (DeFi) and Web 3.0. In particular, Marlin nodes are labeled as Metanodes. These nodes run MarlinVM which provides a virtual router interface for developers to develop unique overlays.
TradingView: POND/USDT
With a trading price of $0.02013, a circulating supply of 8,087,375,977 POND, and a total supply of 10,000,000,000 POND tokens, this altcoin has claimed the 273rd position in the global cryptocurrency list with a market cap of $161.76 million.
With continued bullish sentiment, POND price could head towards its yearly high of $0.3760 in the coming weeks. Conversely, if there is a reversal in the trend, the AI token could plunge towards its yearly low of $0.012.
TRVL (TRVL):
Dtravel (TRVL) is a peer-to-peer (P2P) rental ecosystem built on the Nite protocol. Its native token “TRVL” serves as the payment system in the ecosystem. The project’s primary goal is to solve the problems of connectivity, trust, and distribution.
Notably, this artificial intelligence (AI) token added 3.48% to its portfolio in the last 24 hours with a trading volume of $425,100, a change of +0.76%. Furthermore, it jumped 4.52% over the past week and has a YTD return of 22.61%, highlighting long-term bullish sentiment.
At the time of writing, the TRVL price trading value was $0.03934. With a circulating supply of 315,040,692 TRVL and a total supply of 1,000,000,000 TRVL tokens. It has successfully secured the 964th position with a market cap of $12.39 million.
Conclusion:
With the bullish start to the month, the cryptocurrency market is expected to gain significant momentum this July and potentially cover the losses of the previous month. Also, with the rising volatility, this could prove to be a good entry point to accumulate more crypto tokens at a discounted price.
Note: This article is not subject to financial advice and has been created for research purposes only. Additionally, the tokens selected for this article were chosen based on their historical market and social sentiment only and are not subject to promotion.