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Best AI Tokens to Buy as Industry Predicts $1 Trillion Potential by 2030
With the innovation of artificial intelligence, the cryptocurrency market has found a new pivot with AI tokens. Having staged a bull run since the release of ChatGPT, AI tokens are the new craze in the cryptocurrency market after the meme coin craze.
With the unlimited potential of artificial intelligence in every major industry, the AI industry is set to explode in the coming years. The broader market projection reveals that the industry will hit the $1 trillion mark by the end of this decade.
The bull run in the application and adoption of AI will have a positive impact on AI tokens. So, let’s take a closer look at the top AI tokens to buy this year as the sector sees $1 trillion.
Will AI Token Reach $3 This July?
With a market cap of $1.21 billion, FET price is trading at $1.43, a 59% discount from its all-time high of $2.04. The downtrend is forming a descending channel on the daily chart, as it remains below the psychological limit of $1.50.
However, after the bull run in early 2024, the AI token shows year-to-date growth of 113%. With a positive cycle in the bearish channel, the FET token anticipates a trend reversal.
After the overnight jump of 6.40%, which created a bullish engulfing candle, the bulls need to reach the elevated trend line. A bullish reversal can take Fetch.AI price to $2. In case of a breakout rally, the next potential target is $2.671 and $3.26 in July.
Considering the massive jump of 17225.23% from the all-time low of $0.00827, Fetch.AI Prediction shows immense upside potential.
Will Worldcoin break the general trend line?
One of the largest altcoins in the AI token space, Worldcoin, created by ChatGPT founder Sam Altcoin, is an early pick. The brainchild of OpenAI creator Sam Altman, Worldcoin shows close ties to the AI space despite being a privacy/identity coin.
Despite the decline in Q2 2024, WLD price action reveals a falling wedge pattern. Trading at $2.34, WLD token is down 80% from its peak of $11.70.
However, the coin remains undervalued and could break the psychological $10 mark this year if the broader market recovers. The chances of such a reversal are high as Bitcoin bounces off $60,000 for the third time this year.
A bullish trend reversal with a breakout of the falling wedge in the recovery market can give rise to a new bull run in the AI token. In such a case, the WLD Price Prediction suggests a run to $10 in 2024.
Will AGIX Price Reversal Break Above $10?
One of the largest AI tokens, Singularity.NET, has a market cap of $789 million. Dropping below the $1 billion market cap, the AGIX token price drops to $0.61.
With a bearish phase underway, the AI token has fallen nearly 60% from the all-time high of $1.47. Currently, the AGIX token is teasing a morning star pattern at the 50W EMA and the crucial $0.60-$0.63 zone.
With the broader market recovery and the rise of the AI sector, AGIX price may bounce above $1. With optimism, the altcoin may reach the $10 milestone.