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Cryptocurrency News Articles
AI Coins DeXe, Virtuals Protocol, and Destra Network Surge Amid Growing Hype
Jan 04, 2025 at 04:30 am
Three AI-focused coins, DeXe (DEXE), Virtuals Protocol (VIRTUAL), and Destra Network (DSYNC), have garnered substantial attention in the first week of January 2024.
DEXE led the gains with a 67% surge in the last seven days, reclaiming its highest levels since 2021 and reaching a $1 billion market cap. VIRTUAL, the leading AI coin with a $4.2 billion market cap, gained 30.5% this week and hit new all-time highs above $5. Meanwhile, DSYNC saw a 46% increase, with a market cap of $433 million.
DeXe (DEXE)
DeXe Network is a Web3 platform that provides governance solutions by enabling the creation and management of decentralized autonomous organizations (DAOs). Its native token is DEXE.
DEXE token has surged 67% over the past week, reaching its highest levels since 2021 and achieving a $1 billion market cap.
If the uptrend and the hype around AI coins continue, DEXE could test resistance at $21.8, with a potential rise to $25 if broken. However, if the momentum weakens, it may fall to $15.8 support, and further down to $12.6 if the decline persists.
Virtuals Protocol (VIRTUAL)
VIRTUAL has become one of the most talked-about coins in recent weeks. It is a decentralized platform that enables the creation and monetization of artificial intelligence personas tailored for virtual environments, including games and metaverses.
The coin has surged 30.5% in the past seven days and 150% over the last month, consistently reaching new all-time highs. On January 2, it crossed the $5 mark for the first time, cementing its status as a top-performing asset.
With a market cap of $4.2 billion, VIRTUAL is now the leading artificial intelligence coin, surpassing competitors like RENDER and TAO. If its uptrend resumes, VIRTUAL could test the $5 resistance again and possibly climb to $5.25. However, a correction could see it drop to $3.73, or further down to $2.81 if support levels fail.
Destra Network (DSYNC)
DSYNC has gained 46% in the last seven days and is the native token of Destra Network. Destra Network is a decentralized platform that offers cloud computing, artificial intelligence processing, and decentralized storage solutions.
With a market cap of $433 million, DSYNC remains relatively modest in trading volume, which reached nearly $16 million in the past 24 hours.
If the uptrend continues, DSYNC could test resistance at $0.497 and $0.5. It could potentially climb to $0.55 and $0.6 to reach new all-time highs. However, if the rally loses momentum, the token could retrace to its support at $0.359, signaling a sharp correction.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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