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Top Artificial Intelligence (AI) Tokens for 10x Profits in May!
After showing weak price sentiment for the first two months, the AI category has shown massive bullish price action adding significant valuation to their respective portfolios. Furthermore, with the growing interest in artificial intelligence, this category is expected to reach a new high in the coming times.
Are you thinking of investing in the Artificial Intelligence (AI) category? In this article, we have covered the top 5 AI tokens that have the potential to outperform other tokens in the category during this month.
Bow Lock (ABT):
Primarily used for building and distributing decentralized blockchain applications, Arcblock’s ABT BRC-20 token functions as a payment method in the ecosystem.
Trading/Viewing: ABT/USDT
ABT price has shown significant bullish price action over the past seven days adding 44.18% during this period. Furthermore, the AI token has gained 66.18% in the last 30 days and its year-to-date return stands at 1,425%.
The Moving Average Convergence Divergence (MACD) shows a significant increase in the green histogram, highlighting an increase in bullish influence in the crypto space. Furthermore, the averages are showing a massive increase, indicating an overbought sentiment in the cryptocurrency sector.
If the market pushes the price above the $4.007 resistance level, the bulls will regain momentum and prepare to test the $6.25 upper high this month. Conversely, a bearish trend reversal could push the price towards the $2.03 low in the coming time.
iMe Lab (LIME):
iMe Lab is a unique ecosystem with Telegram Messenger, DeFi tools and Crypto wallets. It is a faster, more secure and hassle-free way to transfer cryptocurrencies, making the adoption process easier and faster.
Trading/Viewing: LIME/USDT
Despite trending neutral over the past week, LIME price has added around 1,200% to its portfolio this year, highlighting high potential and solid fundamentals for this altcoin in the crypto space.
The technical indicator, MACD, shows a flat line with its averages showing a neutral trend. On the upside, the 50-day EMA supports the price chart, indicating strong bullish sentiment in the sector.
If the bulls keep the price above the $0.086 support level, LIME price will prepare to test its $0.140 upper resistance level during the next week. However, if the bears get the better of the bulls, the price will lose momentum and fall to test the $0.060 low this month.
Solidus Ai Tech (AITECH):
This Artificial Intelligence (AI) token has successfully secured its place among the top 5 gainers in the category by adding over 1,150% to its portfolio year-to-date. Furthermore, positive sentiments indicate strong bullish price action in the coming times.
Trading/Viewing: AITECH/USDT
The MACD shows a steady flat line in the histogram, indicating weak buying and selling pressure for the altcoin in the crypto space. On the other hand, the averages show bullish convergence in the 1D time frame, suggesting a bullish outlook for the altcoin in the near future.
If the market pushes AITECH price off its important resistance level, the bulls will prepare to test its $0.422 upper resistance level in the coming time. Negatively, bearish price action could cause the Solidus Ai Tech token to fall towards its crucial support level of $0.162.
PaLM AI (PALM):
PaLM AI is a cross-platform AI chatbot, with PALM encryption as its utility token. It can handle a wide range of tasks through its platform, such as image generation, coding, voice messages to images, and much more. PaLM AI primarily focuses on developing on-chain AI integrations along with real-world use cases.
Furthermore, this AI token successfully took the top spot with a whopping year-to-date (YTD) return of 85,333.86%. Furthermore, it gained 16.19% in the last day and 47.45% in the last seven days, indicating a positive outlook for this altcoin in the near future.
SPECTURE AI (SPECTURE):
SPECTURE AI can be a great tool for short-term price predictions up to 48 hours, thus gaining significant attention in the cryptocurrency market. Furthermore, the project is considered an all-in-one tool easily available on Telegram and dApps.
Due to its unique features and services, the SPECTURE token has seen a huge increase in its valuation this year. The AI token has seen a year-to-date return of approximately 5,000%, making it the second best return in this category in the industry.