Top 3 Artificial Intelligence (AI) Coins of the Second Week of July 2024

3 months ago 47

The Artificial Intelligence (AI) space continues to grow amid concerning broader market cues, with many unheard-of tokens observing massive gains.

This past week, the crypto market began to recover. Three tokens outperformed all other AI assets.

Big Data Protocol (BDP)

BDP was not only the best-performing AI token but also one of the best-performing altcoins in the crypto market. The cryptocurrency noted a 93.21% rise in the span of the last three days alone, bringing this week’s growth to 90%.

This rally helped the altcoin rise to $0.261 from the multi-month lows of $0.129. In doing so, BDP invalidated two crucial resistance levels, $0.161 and $0.236. The AI token is now facing resistance at $0.301, which will keep the asset consolidated.

The chances of a decline are high since the market will cool down following the rally. This could leave the asset stuck between $0.236 and $0.161.

Virtuals Protocol (VIRTUAL)

VIRTUAL did not observe a rally as significant as BDP; however, it still managed to print an impressive rise of 50%. This brought the AI token to change hands at $0.037.

Nevvertheless, it still has a long way to go in order to regain the profits it lost over the last couple of weeks. The crash of June brought VIRTUAL down from $0.100 to $0.021 and now warrants a 205% increase to make it back up there.

The possibility of this happening is bleak, but if the resistance at $0.037 is breached, the AI token could attempt to breach $0.061 or end up being consolidated under it.

QnA3.AI (GPT)

GPT’s price, not to be confused with ChatGPT, fared just as well as VIRTUAL did, albeit missing the mark by a little. The seven day performance of the asset came in at 36% in the green as GPT prevented a decline below $0.073.

As the AI token rose, GPT reached $0.103, attempting to break past the resistance at $0.111. This could send the altcoin to $0.132, enabling a further rise beyond $0.157.

However, a failed breach could keep the asset subdued as it has been for the last three days under $0.111. This will lead to sideways movement, keeping GPT above the support of $0.073.

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