AI-Powered Crypto Projects Trend: IO Token Surges 5000%, AIAT Rides Bullish Trend

With the growing artificial intelligence (AI), AI-powered crypto projects are trending and have started buzzing in the market.

Artificial intelligence (AI) has become a hot topic in the cryptocurrency world, with several AI-powered projects showing impressive gains recently.

Among these projects, io.net (IO) has been making headlines with its massive price surge. The token, which was launched recently, has already seen gains of over 5000% in just three trading sessions.

This surge in IO’s price is due to high demand among investors, especially following its listing on the Binance exchange. Within hours of being listed, the AI token experienced a huge surge.

As of now, nearly 19,000 GPUs and over 6,000 CPUs have been integrated into IO’s network following its establishment in November 2023. All of these are ready for use and have met the Proof of Compute criteria.

Taking a look at the 1-hour price chart, we can see a sharp vertical swing in the price action, indicating massive buying momentum on the charts.

At press time, the price of io.net (IO) is trading at $5.53, showing an intraday increase of 15.50% and revealing intense bullish momentum. Its trading volume has spiked by over 89%, and the market cap has risen to $4.43 Billion.

In a tweet, a comparison of GPUs’ valuation in the industry among its peers revealed that IO is a clear winner.

$RNDR – GPUs: 1255 – Valuation: $5.3B

$FIL – GPUs: 1024 – Valuation: $11B

$IO – GPUs: 22457 – Valuation: XXXX

Are you paying attention yet? pic.twitter.com/9yKx4kaepv

Similarly, @Tryex noted in his tweet that the IO token is set for a surge and might soon reach the $7 mark.

$IO

This coin is bottoming out again 7$ IS NEXT! #IO #IOUSDT pic.twitter.com/qNKuSEAKoU

According to the Fibo extension tool, the token was trading in a bullish course and could reach the $10 mark in the upcoming sessions.

The momentum indicators are guiding the bullish projections and suggest that the IO token price might continue to move in a bullish rally ahead.

AIAT Reveals a Breakout: Could it Mark a New ATH This Month?

The AI Analysis Token (AIAT) is a cryptocurrency designed for advanced AI-driven financial analytics. It is designed to leverage artificial intelligence for superior market insights.

The token is the creation of a globally diverse team aiming to build a holistic ecosystem focused on enhancing trading capabilities through cutting-edge AI technology.

Launched on 26 Feb 2024, it was traded inside the rising channel and continued to extend gains. Till now, it has surged over 300% and is still looking poised for further upside.

The price action reveals that the AIAT token trades in a strong uptrend and is riding gains in the bullish trajectory. Recently, the token triggered a range breakout and is eyeing to reach its ATH mark of $0.9238.

At press time, AIAT trades at $0.7964 with an intraday surge of 16.20%, revealing buying momentum. Its trading volume spiked over 34%, and the market cap rose to $116.18 Million.

Interestingly, the bullish trend is intact, and the token might reach the round mark of $1 soon. Its key metrics reveal bullish projections, and the token is trying to hunt its ATH mark.

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