Matrix AI Network

Artificial Intelligence

AI Network

Matrix

<p>Artificial Intelligence (AI) based projects received enormous appreciation in the crypto market from the start of this year. The AI crypto category has strong potential and can evolve in countless ways in the future.</p> 
<p>AI cryptos like QUBIC, MAN, and ATH were picked out as front runners this week. Fueled by an impressive demand surge and significant price accumulation, these AI crypto picks may sprint the bullish reversal ahead.</p> 
<p>This category is likely to receive increasing attention in the next reversal as investors are betting big on AI coins. Here’s an outlook of the top three trending AI coins for this week.</p> 
<h2 class="wp-block-heading" id="h-qubic-qubic-made-double-bottom-can-it-gain-traction-ahead"><strong>Qubic (QUBIC) Made Double Bottom: Can it Gain Traction Ahead?</strong></h2> 
<p>QUBIC, the native token of the L1 blockchain Qubic, is an open-source, community-driven project focused on developing artificial intelligence (AI) infrastructure through a decentralized network.</p> 
<p>Its price action showcased that it has regressed to the pivot support of $0.000001500 and made a double bottom formation there. Afterward, it began to accumulate and showed a recovery this week.</p> <iframe loading="lazy" title="Santiment Chart: Price (QUBIC), Volume (QUBIC)" width="800" height="425" src="https://embed.santiment.net/chart?ps=flare&amp;pt=FLR&amp;df=2024-02-06T18%3A29%3A59.030Z&amp;dt=2024-08-06T18%3A29%3A59.030Z&amp;emcg=1&amp;wm=%5B1%3Bprice_usd%3Bqubic%3BQUBIC%5D%3B%5B1%3Bvolume_usd%3Bqubic%3BQUBIC%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe> 
<p>At the time of writing, QUBIC was trading at $0.000001649 with a 24-hour trading volume of 2.01 million, up 6.5% intraday. The asset has a market cap of $168.33 Million.</p> 
<p>Its momentum oscillators showed that the token has bottomed out and is ready for a bullish revival ahead.</p> 
<h2 class="wp-block-heading" id="h-matrix-ai-network-man-hovers-near-demand-zone-what-s-next"><strong>Matrix AI Network (MAN) Hovers Near Demand Zone: What’s Next?</strong></h2> 
<p>The native AI crypto of the Matrix AI Network is MAN, which serves several purposes within the ecosystem. MAN tokens are used for transactions, staking, and accessing AI services on the platform.</p> 
<p>Matrix AI Network (MAN) price had a pretty good run this past week, recovering by more than 30% in the span of a week. The AI token bounced back from the critical support at $0.01600 to change hands at $0.02211 at the time of writing.</p> <iframe loading="lazy" title="Santiment Chart: Price (MAN), Volume (MAN)" width="800" height="425" src="https://embed.santiment.net/chart?ps=flare&amp;pt=FLR&amp;df=2024-02-06T18%3A29%3A59.030Z&amp;dt=2024-08-06T18%3A29%3A59.030Z&amp;emcg=1&amp;wm=%5B1%3Bprice_usd%3Bmatrix-ai-network%3BMAN%5D%3B%5B1%3Bvolume_usd%3Bmatrix-ai-network%3BMAN%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe> 
<p>For the last three months, it was hovering in a closed range and showed a significant retracement in the last two weeks. Meanwhile, bulls have succeeded in holding the gains near the demand zone and a recovery was exhibited on the charts.</p> 
<p>The technical indicators suggest a potential bounce ahead and revealed that it can trigger a sharp rise soon.</p> 
<h2 class="wp-block-heading" id="h-this-ai-crypto-triggered-a-pullback-reversal-imminent"><strong>This AI Crypto Triggered a Pullback: Reversal Imminent?</strong></h2> 
<p>Aethir (ATH), a decentralized physical infrastructure network (DePin) startup focusing on GPU networks, displayed an impressive this past week.</p> 
<p>Recovering over 24% so far this week, ATH showed signs of accumulation and is ready for a significant bounceback.</p> <iframe loading="lazy" title="Santiment Chart: Price (ATH), Volume (ATH)" width="800" height="425" src="https://embed.santiment.net/chart?ps=flare&amp;pt=FLR&amp;df=2024-02-06T18%3A29%3A59.030Z&amp;dt=2024-08-06T18%3A29%3A59.030Z&amp;emcg=1&amp;wm=%5B1%3Bprice_usd%3Baethir%3BATH%5D%3B%5B1%3Bvolume_usd%3Baethir%3BATH%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe> 
<p>At press time, the ATH was trading at $0.0619 with an intraday surge of 4.26%, reflecting a pullback on the chart. It was ranked at 188 and has a market cap of $233.80 Million.</p> 
<p>Its futures Open Interest rose over 1.47% to $12.07 Million, while the RSI curve saw a pullback from the oversold region. This signifies the accumulation from the bottom and the asset can gain traction in the upcoming trading sessions.</p> 
<p>The Crypto Industry is experiencing significant volatility and facing bearish price action. However, it seems like the correction has come to an end and may see a pullback in the market soon. With the pullback expectation, these AI crypto picks may grow your portfolio ahead.</p> 
<p>The post <a href="https://www.thecoinrepublic.com/2024/08/06/3-top-artificial-intelligence-ai-cryptos-to-watch-out-this-week/">3 Top Artificial Intelligence (AI) Cryptos To Watch Out This Week</a> appeared first on <a href="https://www.thecoinrepublic.com">The Coin Republic</a>.</p>

3 Top Artificial Intelligence (AI) Cryptos To Watch Out This Week

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