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

07/13/2024 02:00
Top 3 Artificial Intelligence (AI) Coins of the Second Week of July 2024

The AI token space continues to expand, with the top-performing crypto assets in this sector experiencing a 90% growth in just one week.

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.

Read More: How Will Artificial Intelligence (AI) Transform Crypto?

GPT Price Analysis
GPT Price Analysis. Source: TradingView

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.

Read More: How To Invest in Artificial Intelligence (AI) Cryptocurrencies?

VIRTUAL Price Analysis.
VIRTUAL Price Analysis. Source: TradingView

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.

Read More: Top 9 Artificial Intelligence (AI) Cryptocurrencies in 2024

GPT Price Analysis.
GPT Price Analysis. Source: TradingView

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.

Trusted

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

Read more --->