Semra Koncuk

3 Altcoins That Could Benefit from the AI ​​Wind After the Memecoin Rally

The altcoin market, which accelerated its upward momentum in February, continues its gains in March. While altcoins, which recovered rapidly after the short-term decline of the previous day, continue on their way under the leadership of Ethereum, the market value excluding Bitcoin is at the level of 1.13 trillion dollars today. The market, which rose to $1.7 trillion in the previous bull season, is now 50% away from its peak.

We have witnessed the memecoin storm in the altcoin market since February. Artificial intelligence coins, which are among other popular sectors, fell behind memecoins despite achieving significant gains. Today, while there is a slight decline in the memecoin market, the crypto AI sector appears to be in a plus.

Among the popular coins in the crypto AI industry, Render demonstrated its potential by recovering above average after this week's sudden withdrawal. Rising to $3 in 2021, GRT carries a significant increase potential with its current price level as it accelerates its artificial intelligence-supported activities. THETA, which is shifting its activities towards the field of artificial intelligence, is among the altcoins showing signs of starting a new upward trend.

#RNDR
#GRT
#THETA

Bitcoin continued its path without slowing down after the rapid sales after it renewed its record price last week and started to find ground above $ 70,000 this week. Meanwhile, we see that Bitcoin continues its peak discovery.

When we look at Bitcoin in the long-term outlook, the steep accelerated movement that has continued since February has caused an upward violation of the ascending channel. While this heralded a faster rise, we saw that institutional demand originating from ETFs played a leading role in the steeply accelerated rise. It seems possible that the rise in Bitcoin price will continue depending on the continued demand for ETFs.

On this path, we can see that as long as Bitcoin remains in the $70,000 region, its next target price could be $83,300. In fact, depending on the current transaction volume, the possibility of BTC reaching the region between $ 83,000 - $ 100,000 during the summer periods increases day by day. #BTTC/USD

The current Cardano price on cryptocurrency exchanges is $0.798655. Cardano market cap currently has a value of $28.14 billion. Cardano's change in the last 24 hours was recorded as 4.13%. Cardano saw the highest value of $0.798919 during the last 24 hours and the lowest value of $0.737538. The change in Cardano is 0.32% so far this year. Cardona will continue to rise. #cardona #ADA/USDT1.05