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Nvidia’s AI Conference Puts RNDR, FET and BITBOT on Investors’ Radar

Benson Toti
Benson Toti
Benson Toti
Author:
Benson Toti
Reporter
Benson reports news and analyzes markets for BanklessTimes, interviewing key figures. An investor since 2008, he joined the crypto wave in 2017, contributing to The Coin Habit, CoinJournal, Bitcoin Insider, and TechinAfrica.
March 18th, 2024

Nvidia’s GTC conference is a big event in the artificial intelligence (AI) space, a narrative that continues to push AI related crypto tokens higher. Tokens to watch include Render (RNDR), Fetch.ai (FET) and Worldcoin (WLD). Also find out why investors are extremely bullish on Bitbot (BITBOT).

Nvidia and the AI narrative in crypto

Artificial Intelligence (AI) is one of the hottest trends in the market, more so given outperformances for chipmaker Nvidia. The NVIDA stock has surged 27% this past month and over 84% year-to-date.

With the company’s GTC conference kicking off on March 18, the narrative around AI-based altcoins is also back to bullish levels.

A notable crypto figure speaking at the conference is Render founder and CEO Jules Urbach speaks. His GTC 24 participation has Render (RNDR) firmly in the spotlight.

Analysts say a major announcement could also spark Fetch.ai (FET), Bittensor (TAO) and other AI tokens, including Worldcoin (WLD).

Render (RNDR)

Render reached a new all-time high of $13.53 on March 17, 2024. If bulls bounce off support at $11 or even $10, fresh gains could put RNDR in price discovery mode.

Fetch.ai (FET)

Fetch.ai recently hit an ATH of $3.11. It’s down 12% in the past 24 hours but remains poised above $2.

Worldcoin (WLD)

Worldcoin price also rose to a new all-time high in this month, hitting $11.74 on March 10. While WLD is down 25% from that peak, developments in the AI space are worth watching. The regulatory terrain is also a crucial factor.

AI tokens market has declined 11% this past week to around $24 billion. However, the strong bullish momentum catapult RNDR, FET and other tokens to new price levels. In particular, if the Nvidia AI conference proves to be the tailwind that analysts have predicted for AI tokens, then RNDR, FET, and TAO could be among top coins to watch in coming weeks.

AI-related tokens such as Bitbot will also benefit from the surge in interest.

Bitbot set for crypto AI trading dominance

Bitbot will soon be joining the Telegram trading bot market. It’s a market where Unibot, Banana Gun and Lootbot are among projects looking for dominance.

But that’s likely to last only until Bitbot officially comes to the public.

As the first Telegram bot to offer non-custodial crypto trading, Bitbot is set to change the bots market. With the crypto ethos of “not your keys, not your crypto” at play, this is a trading solution that users can leverage while retaining full control and custody of their cryptocurrencies.

The Bitbot team recently showcased the key security feature that sets the bot apart from the rest in a product update. The demo outlines how Bitbot works and has ignited a massive wave of early investors. Attention on the native utility and governance token BITBOT is rising.

Bitbot token is in presale

BITBOT is the token that will support network activities such as powering trading discounts or the exclusive revenue-sharing model. Joining the presale is thus more than getting into position for the self-custodial Telegram trading experience. It’s also an early bet on the potential dominance of Bitbot across the trading market.

So far, Bitbot has raised nearly $1.1 million, with the token sale set to hit stage 6. A total of 300 million tokens are available in the 15-stage presale, where BITBOT price will increase to $0.02 in the final stage.

Currently, it’s at $0.0122, likely a massive buy opportunity.

You can learn more or join the presale on the official Bitbot website.

Contributors

Benson Toti
Reporter
Benson reports news and analyzes markets for BanklessTimes, interviewing key figures. An investor since 2008, he joined the crypto wave in 2017, contributing to The Coin Habit, CoinJournal, Bitcoin Insider, and TechinAfrica.