The race for AI-crypto dominance just got more interesting as Kamala Harris's pro-crypto stance set the stage for a wave of excitement across the market.
With her vision for integrating AI and digital assets, she’s become a potential game-changer, fueling optimism for AI-based cryptocurrencies.
This development is sparking excitement across projects like NEAR Protocol, Bittensor (TAO), and IntelMarkets (INTL). But the real star of the show is IntelMarkets (INTL).
With its unique blend of AI and DeFi, it’s raised nearly $500k in its presale, making a serious buzz in a market hungry for the next big thing. Could this be the next big thing in the crypto world? Let’s find out.
AI and Crypto in Focus: Kamala Harris's Vision for a Digital Future
Vice President Kamala Harris, seeing the growing popularity of cryptocurrencies, particularly with Donald Trump's newest proposal, stated her support at a recent Wall Street fundraising event.
She emphasized the importance of adopting digital assets and artificial intelligence, explaining her agenda for promoting innovation while protecting consumers if she wins the election.
For AI-driven cryptocurrencies, Kamala Harris's advocacy of cryptocurrency development might be revolutionary. As per Kamala, her position may lead to clearer laws, which would facilitate investor and developer access to the market and encourage more innovation in blockchain projects using AI.
In addition, Harris's support for AI-based cryptocurrencies may increase their general adoption and investor trust. Government support might lead to more financing and industry integration for AI initiatives, which would transform the overall scene of cryptocurrency assets.
AI Boom Fuels NEAR's Rise: What’s Ahead?
NEAR Protocol (NEAR) provides an easy-to-use platform for developers and users, making it a popular option for developing decentralized apps. At the time of writing, NEAR Protocol (NEAR) was trading at $5.22, up as high as 8% in the previous day. With a huge daily trading volume of $690 million, the most recent spike has increased its market capitalization to $5.9 billion.
With its emphasis on scalability and user-friendliness, NEAR Protocol (NEAR) draws developers searching for alternatives to more busy networks. Unlike projects that see quick pseudo spikes in value, NEAR Protocol (NEAR) has the potential to rise steadily over an extended period as demand for decentralized apps rises.
This bullish development in NEAR's ecosystem followed an alliance between Alibaba and prominent AI chipmaker Nvidia, which caused AI tokens to respond positively.
If buying pressure keeps up, this momentum may continue. NEAR Protocol (NEAR) is approaching resistance levels around $5.469 and $6.301. For bulls, the $6 psychological threshold is a key goal. However, the previous time NEAR Protocol (NEAR) got close to $6, it faced stiff resistance at $5.9, which led to losses for ten straight days.
NEAR Protocol (NEAR) would need to hold its present momentum and stabilize over $5.469 for the bulls to break through this barrier.
TAO's Momentum Takes It to New Heights with Upcoming Smart Contract Launch
Recently, there has been a significant increase in the price of Bittensor (TAO). In only the last week, the token's value has increased massively by 81%.
The Bittensor (TAO) network's continued advancements and expanding prominence in the AI industry are factors contributing to this sharp price increase.
The excitement around the impending launch of Bittensor's smart contract is a major driver in the company's growth. This feature intends to improve the operation of the network, particularly with regard to trustless cross-chain bridges.
Tokens like Bittensor (TAO) are therefore poised for growth as the cryptocurrency market gets closer to a possible bull cycle. The power of the token's momentum is demonstrated by its enormous price growth over the last few days.
Currently, Bittensor (TAO) is trading at $557.57, showing a 6% surge in the past one day.
Intel’s $500k Presale Success: Why IntelMarkets (INTL) is Taking the Crypto World by Storm?
Checking off all the boxes of the features it takes for a crypto coin to boom, IntelMarkets (INTL) is among the hottest cryptocurrencies in the investing town right now.
Its attraction is mostly due to its AI-DeFi story and team of professionals. Given its ongoing development momentum, it's hardly surprising that more than $490,000 has been raised in only a few weeks of the presale.
With projections of $264 billion in the worldwide crypto trading market by 2030, INTL is about to revolutionize this industry. Its own blockchain and AI-powered trading platform will meet all trading requirements of investors of every level.
It offers loads of unique features, which include features like sophisticated arbitrage, AI-based cost averaging, and auto-investment strategies. Additionally, it has a dual-chain working model and supports the Ethereum and Solana blockchains, giving its users the edge to choose whatever blockchain they want to trade on.
It is a worthwhile cryptocurrency to purchase at the current second presale stage price of $0.018. Experts anticipate a large 1100x increase upon listing, surpassing established players in the crypto market.