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Best AI Tokens to Accumulate in This Crypto Market Correction
Opening up as a new and trendy segment in the cryptocurrency market, AI tokens are in a bull phase. Despite the recent correction phase, Artificial Intelligence tokens are high-potential coins in this volatile market.
With limitless use cases and the power of blockchain, these tokens are the perfect combination of hype and utility. With the AI industry projected to hit a trillion-dollar milestone by the end of this decade, the upside potential is enormous.
So let’s take a closer look at the best AI tokens to buy if the market continues its correction phase.
The Best Bet for the AI Superintelligence Alliance
The first phase of the three-token merger has begun on July 1, 2024. While FET trading remains uninterrupted, AGIX and OCEAN tokens will begin to be delisted. The second phase will focus on community and ASI development, with migration contracts available.
The process will extend over several years, giving investors plenty of time to convert their investments. With a market cap of $3.27 billion, the AI token is trading at $1.30, a 62% discount from its historical value of $3.47.
With a falling channel, the pullback phase continues in the AI token. Also, with a huge underlying potential, the FET price can lead a breakout rally, breaking out of the channel.
If the bull run gains momentum, the AI token can reach the $4.96 milestone in the coming months. Thus, it makes a profitable offer to buy FET in case the broader market correction continues.
Will a breakout run in OCEAN Protocol reach $2?
With a market cap of $385 million, Ocean Protocol is a rising AI token in the cryptocurrency world. In a correction phase, the price of OCEAN token dropped from $1.43 to $0.56 in 2024.
Despite the 60% decline from the yearly high, the OCEAN protocol shows immense potential. As the fall takes the shape of a falling wedge, the bullish cycle within it teases a trend reversal breakout rally.
However, the correction phase leads to a death cross on the daily chart and puts bearish pressure on the psychological support of $0.50. A continuation of the uptrend with a breakout run can lead to a jump to the psychological level of $1.
AI Token Aethir, a low-cap gem
One of the recently launched AI tokens, Aethir, is ready to make waves in the crypto world. With a market cap of $267 million, ATH price has dropped 25% from its listing price of $0.095. However, the last three weeks have seen a 9% jump.
With the short-term recovery, AI token forms a crucial support level at $0.062. On the 4H chart, ATH price challenges an overhead resistance trendline for a breakout rally.
As the bull run continues, the upside potential is the greatest in Aethir compared to the above-mentioned tokens. Based on Fibonacci levels, the breakout rally in AI token can reach the $0.11 mark in the coming weeks.