Best Crypto to Buy Today February 22 – SingularityNET, Worldcoin, Render
As major cryptocurrencies remain mostly stuck within recent ranges as the market takes a breather following its recent bull run, investors looking for a better chance of quick gains are looking at AI coins that could be the best crypto to buy today.
Bitcoin (BTC) was last trading around $51,500, wedged within its recent $51,000-$53,000ish week-long range.
Slowing inflows into spot Bitcoin ETFs, which attracted just 500 tokens on Wednesday, could be to blame for waning momentum.
Still, Bitcoin remains a top candidate for best crypto to buy today.
FundStrat’s head of research Tom Lee just predicted on CNBC that ETF inflows, the halving and Fed easing could launch the price to $150,000 this year.
Ether (ETH), meanwhile, was consolidating close to but just below $3,000.
Analysts at Kraken think it could soon hit new record highs above $5,000 after breaking a long-term ascending triangle pattern.
But with the two largest cryptos taking a breather, those hoping for quick gains might want to look elsewhere.
One sector performing well on Thursday are cryptocurrencies which boast artificial intelligence use-cases.
That’s because AI titan Nvidia has pumped 15% on Thursday following a blockbuster earnings release.
Nvidia, the world’s largest semiconductor company, has gained well over $1 trillion in market cap in the last 12 months as it solidifies its position as the market leading infrastructure provider to the fast growing AI sector.
And fast-growing profits suggest the AI sector is in rude health, hence why AI cryptos are pumping.
Let’s take a look at Thursday’s top performers.
Market-leading blockchain-based decentralized AI marketplace SingularityNET (AGIX) has pumped a stunning 44% on Thursday, as per CoinMarketCap.
That’s taken its
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