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As AI paves into the crypto landscape, these projects have poised themselves for significant growth. Near Protocol (NEAR) is set to transform the crypto space through its plan to launch the world’s largest open-source artificial intelligence model. Meanwhile, Bittensor (TAO) faces a drop in value but holds bullish potential as investors await a price reversal. IntelMarkets is set to redefine crypto trading through its innovative AI-based approach.
Near Protocol (NEAR) has caused waves in the market with its plan to unveil the world’s largest open-source AI model. At 1.4 trillion parameters, Near Protocol’s model is estimated to be 3.5 times bigger than Meta’s AI model. Near Protocol (NEAR) announced its plans to pave the way in blockchain and artificial intelligence space on the opening day of the Redracted Conference in Bangkok.
According to the Near Protocol (NEAR) co-founders, the project, expected to cost $160 million, will be funded through token sales, ensuring monetary incentives to token holders. New tokens will be created for each model within the project.
Through Near's AI Research Hub, the project will crowdsource contributions from researchers globally. The model will have seven stages, retaining only the best contributors in each progressive stage.
Near Protocol’s (NEAR) co-founders, Polosukhin and Alex Skidanov, have bolstered significant confidence among investors in the project through their past AI expertise in spaces such as ChatGPT and OpenAI.
Amid the latest developments, the market activity around Near Protocol (NEAR) has been significantly optimistic. The token, priced at $5.69, has mostly stayed in the green. Over the past week, Near Protocol (NEAR) witnessed a 10.32% jump. Further, the token experienced an upspike of 12.03% over the past month.
However, within the past 24 hours, Near Protocol (NEAR) has been on a downturn with a 5.26% drop in value, followed by a 16.78% drop in 24-hour trading volume.
Bittensor (TAO) has recently faced a notable pullback with a significant price decline, hovering around its critical support level. TAO is currently trading at $476.48. The decline marks a 5.34% drop in value in the daily charts. Further, within the weekly timeline, Bittensor (TAO) experienced a 13.31% downturn. On the monthly chart, Bittensor (TAO) maintained its position in the red, with a significant value drop of 20.81%.
Due to the token’s poor performance across multiple timeframes, the overall market sentiment remains bearish. However, some analysts predict that a bullish comeback is in the cards for Bittensor (TAO) if the overall market conditions remain favorable.
IntelMarkets (INTL) is poised to disrupt the crypto space with its AI and blockchain integration.
Promising a transformative approach to trading, IntelMarkets is said to be the next-gen trading platform. With its standout features, such as the platform’s proprietary Intelli-M trading systems, users can analyze technical data from multiple markets in seconds.
Further, IntelMarkets offers continuous adaptation and improvement through its ROdeum AI trading bots, which can identify market opportunities and take positions without manual intervention. IntelMarkets’ dual-chain architecture allows users to experience the functionalities of Ethereum and Solana as per their requirements.
IntelMarkets also opens the door towards unprecedented market gains with its 1000x leverage feature.
As INTL nears its launch, early investors can get their hands on the token at $0.054. This indicates an opportunity for investors to make gains before the price increases to $0.064 in the next stage. Analysts predict that INTL could be a pivotal player in the crypto space due to the integration of AI with crypto.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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