Friday, August 29, 2025
Coin Insights
No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Base claims top 3 spot in 30-day NFT volume: DappRadar

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    Blue chip NFTs sink double digits as ETH retreats from record highs

    Blue chip NFTs sink double digits as ETH retreats from record highs

    What’s Behind the Double-Digit Declines?

    What’s Behind the Double-Digit Declines?

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    $3.62B Already Sold in 2025

    $3.62B Already Sold in 2025

  • Gaming
    KuCoin Pay Joins Forces with 2Game Digital to Drive Web3 in Gaming

    KuCoin Pay Joins Forces with 2Game Digital to Drive Web3 in Gaming

    GaFin Joins Cyber Crash to Advance Web3 Gaming

    GaFin Joins Cyber Crash to Advance Web3 Gaming

    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

    Stability World AI Adds Games to Transform the Future of Web3 Gaming

    Stability World AI Adds Games to Transform the Future of Web3 Gaming

    Play Solana to ship handheld gaming device in October

    Play Solana to ship handheld gaming device in October

    The Rise of Indian Online Casinos: Affiliates, Crypto, and Seamless Gaming?

    The Rise of Indian Online Casinos: Affiliates, Crypto, and Seamless Gaming?

    Avalanche Selects Funtico to Support Indie Game Developers

    Avalanche Selects Funtico to Support Indie Game Developers

    Google Boosts Gemini AI Image Capabilities in Latest Salvo Against ChatGPT

    Google Boosts Gemini AI Image Capabilities in Latest Salvo Against ChatGPT

    How Toyota Plans to Transform Vehicle Data and Ownership with Blockchain

    How Toyota Plans to Transform Vehicle Data and Ownership with Blockchain

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What is Cloud Mining? A Beginner’s Guide

    What Is Cloud Mining in Crypto? Everything You Need to Know to Start

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What Is Crypto Arbitrage and How to Use It in Trading?

    What Is Crypto Arbitrage and How to Use It in Trading?

    What’s the Difference & Which Is Better to Trade?

    What’s the Difference & Which Is Better to Trade?

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Base claims top 3 spot in 30-day NFT volume: DappRadar

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    Blue chip NFTs sink double digits as ETH retreats from record highs

    Blue chip NFTs sink double digits as ETH retreats from record highs

    What’s Behind the Double-Digit Declines?

    What’s Behind the Double-Digit Declines?

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    $3.62B Already Sold in 2025

    $3.62B Already Sold in 2025

  • Gaming
    KuCoin Pay Joins Forces with 2Game Digital to Drive Web3 in Gaming

    KuCoin Pay Joins Forces with 2Game Digital to Drive Web3 in Gaming

    GaFin Joins Cyber Crash to Advance Web3 Gaming

    GaFin Joins Cyber Crash to Advance Web3 Gaming

    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

    Stability World AI Adds Games to Transform the Future of Web3 Gaming

    Stability World AI Adds Games to Transform the Future of Web3 Gaming

    Play Solana to ship handheld gaming device in October

    Play Solana to ship handheld gaming device in October

    The Rise of Indian Online Casinos: Affiliates, Crypto, and Seamless Gaming?

    The Rise of Indian Online Casinos: Affiliates, Crypto, and Seamless Gaming?

    Avalanche Selects Funtico to Support Indie Game Developers

    Avalanche Selects Funtico to Support Indie Game Developers

    Google Boosts Gemini AI Image Capabilities in Latest Salvo Against ChatGPT

    Google Boosts Gemini AI Image Capabilities in Latest Salvo Against ChatGPT

    How Toyota Plans to Transform Vehicle Data and Ownership with Blockchain

    How Toyota Plans to Transform Vehicle Data and Ownership with Blockchain

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What is Cloud Mining? A Beginner’s Guide

    What Is Cloud Mining in Crypto? Everything You Need to Know to Start

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What Is Crypto Arbitrage and How to Use It in Trading?

    What Is Crypto Arbitrage and How to Use It in Trading?

    What’s the Difference & Which Is Better to Trade?

    What’s the Difference & Which Is Better to Trade?

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
No Result
View All Result
Coin Insights
No Result
View All Result
Home Altcoins

AI cryptos on the move: Should RNDR, GRT and INJ top your list?

May 21, 2024
in Altcoins
26
AI cryptos on the move: Should RNDR, GRT and INJ top your list?
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter
  • On-chain metrics were used to analyze the state of three AI coins.
  • RNDR had a slightly more bullish price action in the past month.

AI cryptos are a promising sector in the crypto ecosystem. The rise of AI through tools such as ChatGPT, Fireflies, Midjourney, SaneBox, and a dozen others aids the automation of everyday tasks at the workplace or with innovation.

Combined with the relatively nascent nature of the AI sector of crypto, it has got denizens wondering if this is the niche to find the next gem.

The top five coins in the AI sector, according to CoinMarketCap, have a combined market capitalization of $21.2 billion. By comparison, the market cap of Dogecoin, the foremost among memecoins, stands at $22.18 billion at press time.

AMBCrypto decided to analyze the on-chain metrics of three of the top five AI cryptos, namely Render [RNDR], The Graph [GRT], and Injective [INJ] to understand holder sentiment and user engagement.

The big question is – Which of these AI coins has the most bullish outlook in the long term?

An introduction to the trio

In the past seven days, Bitcoin [BTC] has gained 8.9%. RNDR has lost 4.9% at press time, while GRT and INJ have rallied 13.9% and 18.1% respectively. This is important because when the market has conviction in an altcoin, it generally has outsized gains compared to Bitcoin.

This does not completely capture the price trends of the three coins in the 1-day timeframe. From a technical analysis perspective, INJ was the weakest among them. Both INJ and GRT have a bearish market structure on the 1-day chart.

Meanwhile, RNDR formed a short-term range below the $11.3 resistance level.

Coming to what the tokens aim to do, Render Network is peer-to-peer and utilizes the blockchain to distribute GPU rendering power. Its goal is to democratize GPU cloud rendering and make it more efficient and scalable.

The Graph is an indexing protocol that allows developers to find and use public data to build decentralized apps. It aims to reduce the costs for developers with its market data and improve server uptime, among other targets.

Injective is a decentralized exchange on the Cosmos blockchain that allows the cross-margin trading, futures, and forex. It is built as a Layer 2 application and uses cross-chain bridges to allow traders to access assets from the Polkadot and Ethereum networks.

See also  Celestia falls back on Ethereum for data security as TIA jumps

Now that we have an idea of what they do, a deeper dive into the metrics of these AI cryptos could be more insightful.

On-chain metrics reflected the price trends to an extent

Render Santiment

Source: Santiment

RNDR had a rising trend of daily active addresses in the past three weeks. However, its development activity values were extremely low at 0.048, for comparison Cardano [ADA] logged 94 at press time.

The weighted sentiment was negative and has largely been that way since the 22nd of March. On the other hand, the mean coin age was trending higher to indicate market-wide accumulation.

The MVRV ratio was near zero, indicating slight profits for holders. Overall, accumulation and active users were positive but the development activity was concerning.

The Graph Santiment

Source: Santiment

GRT witnessed a downtrend in its daily active addresses since early March. On the other hand, its development activity was reasonable at 12.17 at press time, reaching a peak of 39.4 in May.

Weighted sentiment has picked up over the past week but was negative at press time.

GRT also saw an uptrend in the mean coin age and a positive MVRV ratio. This highlighted accumulation and short-term holders in profit and signaled that there was room for more gains.

Injective Santiment

Source: Santiment

Injective, unlike the other two, had a more drastic downward slope to its active users, especially compared to the December peaks. Its development activity was also low at 3.69 at press time, and weighted sentiment was consistently negative.

The mean coin age was also in a steady downtrend and highlighted selling pressure.


Read Render’s [RNDR] Price Prediction 2024-25


In the past three weeks, the price has stabilized above the $20 mark, and its short-term holder profits have increased during the recent rally. Yet, of the three it had the weakest bullish outlook.

With its high daily active users, accumulation trends, and rising prices from the recent lows, Render Network has a good chance of outperforming the other two in the coming weeks.

Next: Solana’s Tapswap coin rises post-launch – Here’s all you need to know

READ ALSO

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor

Toncoin heats up: What does $398M in trading volume indicate?

  • On-chain metrics were used to analyze the state of three AI coins.
  • RNDR had a slightly more bullish price action in the past month.

AI cryptos are a promising sector in the crypto ecosystem. The rise of AI through tools such as ChatGPT, Fireflies, Midjourney, SaneBox, and a dozen others aids the automation of everyday tasks at the workplace or with innovation.

See also  Courtyard and DMarket Lead Top NFT Activity Past Week 

Combined with the relatively nascent nature of the AI sector of crypto, it has got denizens wondering if this is the niche to find the next gem.

The top five coins in the AI sector, according to CoinMarketCap, have a combined market capitalization of $21.2 billion. By comparison, the market cap of Dogecoin, the foremost among memecoins, stands at $22.18 billion at press time.

AMBCrypto decided to analyze the on-chain metrics of three of the top five AI cryptos, namely Render [RNDR], The Graph [GRT], and Injective [INJ] to understand holder sentiment and user engagement.

The big question is – Which of these AI coins has the most bullish outlook in the long term?

An introduction to the trio

In the past seven days, Bitcoin [BTC] has gained 8.9%. RNDR has lost 4.9% at press time, while GRT and INJ have rallied 13.9% and 18.1% respectively. This is important because when the market has conviction in an altcoin, it generally has outsized gains compared to Bitcoin.

This does not completely capture the price trends of the three coins in the 1-day timeframe. From a technical analysis perspective, INJ was the weakest among them. Both INJ and GRT have a bearish market structure on the 1-day chart.

Meanwhile, RNDR formed a short-term range below the $11.3 resistance level.

Coming to what the tokens aim to do, Render Network is peer-to-peer and utilizes the blockchain to distribute GPU rendering power. Its goal is to democratize GPU cloud rendering and make it more efficient and scalable.

The Graph is an indexing protocol that allows developers to find and use public data to build decentralized apps. It aims to reduce the costs for developers with its market data and improve server uptime, among other targets.

See also  NFTs Resurgance? Crypto's Bull Run is Driving These Assets Higher

Injective is a decentralized exchange on the Cosmos blockchain that allows the cross-margin trading, futures, and forex. It is built as a Layer 2 application and uses cross-chain bridges to allow traders to access assets from the Polkadot and Ethereum networks.

Now that we have an idea of what they do, a deeper dive into the metrics of these AI cryptos could be more insightful.

On-chain metrics reflected the price trends to an extent

Render Santiment

Source: Santiment

RNDR had a rising trend of daily active addresses in the past three weeks. However, its development activity values were extremely low at 0.048, for comparison Cardano [ADA] logged 94 at press time.

The weighted sentiment was negative and has largely been that way since the 22nd of March. On the other hand, the mean coin age was trending higher to indicate market-wide accumulation.

The MVRV ratio was near zero, indicating slight profits for holders. Overall, accumulation and active users were positive but the development activity was concerning.

The Graph Santiment

Source: Santiment

GRT witnessed a downtrend in its daily active addresses since early March. On the other hand, its development activity was reasonable at 12.17 at press time, reaching a peak of 39.4 in May.

Weighted sentiment has picked up over the past week but was negative at press time.

GRT also saw an uptrend in the mean coin age and a positive MVRV ratio. This highlighted accumulation and short-term holders in profit and signaled that there was room for more gains.

Injective Santiment

Source: Santiment

Injective, unlike the other two, had a more drastic downward slope to its active users, especially compared to the December peaks. Its development activity was also low at 3.69 at press time, and weighted sentiment was consistently negative.

The mean coin age was also in a steady downtrend and highlighted selling pressure.


Read Render’s [RNDR] Price Prediction 2024-25


In the past three weeks, the price has stabilized above the $20 mark, and its short-term holder profits have increased during the recent rally. Yet, of the three it had the weakest bullish outlook.

With its high daily active users, accumulation trends, and rising prices from the recent lows, Render Network has a good chance of outperforming the other two in the coming weeks.

Next: Solana’s Tapswap coin rises post-launch – Here’s all you need to know
Tags: cryptosGRTINJListmoveRNDRTop

Related Posts

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor
Altcoins

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor

June 25, 2024
Toncoin heats up: What does $398M in trading volume indicate?
Altcoins

Toncoin heats up: What does $398M in trading volume indicate?

June 25, 2024
Another $600M Exits, Price Drops Lower
Altcoins

Another $600M Exits, Price Drops Lower

June 25, 2024
Bitcoin faces downward pressure as Mt. Gox prepares for repayments
Altcoins

Bitcoin faces downward pressure as Mt. Gox prepares for repayments

June 25, 2024
XRP at a crossroads: A drop to $0.445 or rally to $0.5 next?
Altcoins

XRP at a crossroads: A drop to $0.445 or rally to $0.5 next?

June 24, 2024
True Correction Underway? Over $500 Million Exits Bitcoin ETFs — Coinshares
Altcoins

True Correction Underway? Over $500 Million Exits Bitcoin ETFs — Coinshares

June 24, 2024
Next Post
Vodafone and Sony to combat supply chain fraud with blockchain

Vodafone and Sony to combat supply chain fraud with blockchain

Comments 26

  1. gtt6i says:
    3 months ago

    can i buy cheap clomid without prescription where can i buy generic clomid pill clomiphene pct where to buy generic clomid no prescription buying generic clomiphene price cost cheap clomiphene for sale how much is clomid without insurance

    Reply
  2. buy cialis uk online says:
    3 months ago

    I am in point of fact thrilled to gleam at this blog posts which consists of tons of of use facts, thanks object of providing such data.

    Reply
  3. can flagyl delay period says:
    3 months ago

    This website exceedingly has all of the information and facts I needed adjacent to this subject and didn’t know who to ask.

    Reply
  4. bfkab says:
    3 months ago

    buy zithromax 500mg sale – tetracycline online buy buy metronidazole 400mg

    Reply
  5. fxppo says:
    2 months ago

    order domperidone 10mg online – domperidone 10mg us buy generic flexeril

    Reply
  6. iw4vw says:
    2 months ago

    augmentin 1000mg drug – https://atbioinfo.com/ acillin drug

    Reply
  7. cl141 says:
    2 months ago

    order nexium 40mg capsules – anexa mate buy esomeprazole 20mg generic

    Reply
  8. tnm0j says:
    2 months ago

    warfarin for sale online – https://coumamide.com/ losartan uk

    Reply
  9. q7zvy says:
    2 months ago

    buy mobic paypal – https://moboxsin.com/ mobic generic

    Reply
  10. 750z9 says:
    2 months ago

    buy deltasone pill – aprep lson prednisone canada

    Reply
  11. o0j6j says:
    2 months ago

    medicine for erectile – fast ed to take erection pills that work

    Reply
  12. z9fq8 says:
    2 months ago

    purchase forcan without prescription – forcan for sale online buy fluconazole 200mg online

    Reply
  13. yz0ds says:
    2 months ago

    cenforce 50mg cost – cenforcers.com purchase cenforce online cheap

    Reply
  14. lxywu says:
    2 months ago

    generic cialis – https://ciltadgn.com/ over the counter cialis walgreens

    Reply
  15. Connielet says:
    2 months ago

    zantac online order – ranitidine 300mg uk order zantac 150mg generic

    Reply
  16. q0cjj says:
    1 month ago

    buy female viagra – https://strongvpls.com/ viagra sale melbourne

    Reply
  17. Connielet says:
    1 month ago

    The depth in this tune is exceptional. cenforce para que sirve

    Reply
  18. c6piv says:
    1 month ago

    Facts blog you have here.. It’s hard to find high quality article like yours these days. I really appreciate individuals like you! Take vigilance!! buy amoxicillin

    Reply
  19. Connielet says:
    1 month ago

    I’ll certainly carry back to be familiar with more. site

    Reply
  20. kqzhk says:
    1 month ago

    Greetings! Very useful par‘nesis within this article! It’s the petty changes which wish espy the largest changes. Thanks a portion quest of sharing! https://prohnrg.com/product/diltiazem-online/

    Reply
  21. Connielet says:
    4 weeks ago

    I am in truth happy to coup d’oeil at this blog posts which consists of tons of of use facts, thanks object of providing such data. https://ondactone.com/product/domperidone/

    Reply
  22. Connielet says:
    3 weeks ago

    With thanks. Loads of erudition!
    https://proisotrepl.com/product/domperidone/

    Reply
  23. Connielet says:
    2 weeks ago

    Greetings! Jolly serviceable advice within this article! It’s the little changes which liking turn the largest changes. Thanks a a quantity for sharing! http://web.symbol.rs/forum/member.php?action=profile&uid=1170908

    Reply
  24. Connielet says:
    1 week ago

    cheap forxiga 10 mg – this how to get forxiga without a prescription

    Reply
  25. Connielet says:
    5 days ago

    xenical online buy – order orlistat pills order xenical 60mg

    Reply
  26. Connielet says:
    1 hour ago

    With thanks. Loads of knowledge! http://www.dbgjjs.com/home.php?mod=space&uid=532959

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

MetaGravity and Aethir Unite for Decentralized Gaming Innovation and 3D Internet Advancement

MetaGravity and Aethir Unite for Decentralized Gaming Innovation and 3D Internet Advancement

June 21, 2024
22,000 UN staff to receive blockchain, Web3 training

22,000 UN staff to receive blockchain, Web3 training

December 10, 2023
DCG launches Fortitude Mining to diversify beyond Bitcoin amid industry challenges

Coinbase-backed Base unveils upgrades aiming for double Solana’s speed

February 28, 2025
Bitcoin Ordinals Traders on Magic Eden Will Get NFT Token Airdrop

Bitcoin Ordinals Traders on Magic Eden Will Get NFT Token Airdrop

March 8, 2024

About

Dive into the world of cryptocurrency. Our news site offers insights, trends, and updates to guide your journey into the realm of digital finance.

Follow us

Categories

  • AI
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • DeFi
  • Ethereum
  • Gaming
  • Guides
  • Metaverse
  • Mining
  • NFT
  • Other
  • Web 3

Recent Posts

  • Trump-backed Bitcoin mining firm to go public on Nasdaq next month
  • KuCoin Pay Joins Forces with 2Game Digital to Drive Web3 in Gaming
  • GaFin Joins Cyber Crash to Advance Web3 Gaming

Newsletter

Don't miss a single story

Subscribe to our free Newsletter

  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions

© 2023 Coininsights.com - All rights reserved.

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
  • Metaverse
  • NFT
  • Gaming
  • Blockchain
  • AI
  • Guides
  • Analysis
  • Coin Marketcaps

© 2023 Coininsights.com - All rights reserved.