Top 3 Artificial Intelligence (AI) Coins of the Second Week of December 2024

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As a seasoned researcher and crypto enthusiast who has been tracking the AI coin market for quite some time now, I must say this week has been nothing short of exciting! ParallelAI (PAI), VIRTUAL Protocol (VIRTUAL), and TARS Protocol (TAI) have truly taken center stage with their impressive performances.

In my recent exploration of the AI coin market, I’ve discovered three noteworthy coins that boast a market capitalization exceeding $100 million: ParallelAI (PAI), VIRTUAL Protocol (VIRTUAL), and TARS Protocol (TAI). Among these, ParallelAI has been the standout performer, surging by an impressive 35% over the past week. This growth can be attributed to its cutting-edge parallel processing platform. As a result, its current market cap now sits at a substantial $325 million.

This week, VIRTUAL Protocol, a top decentralized platform for artificial intelligence personas, experienced a 27% increase and has skyrocketed over 500% in the past month. Currently, it boasts a market capitalization of $450 million. Simultaneously, TARS Protocol, concentrating on modular AI and Web3 infrastructure, registered a 26% weekly growth and exceeded a market cap of $200 million, cementing its place within the Solana ecosystem.

ParallelAI (PAI)

As an analyst, I can express that I’m working with a versatile AI computing platform named ParallelAI (PAI). This platform is engineered to manage intricate tasks swiftly and effectively. By leveraging parallel processing across numerous CPUs and GPUs, it amplifies its performance and speed, making complex computations seem effortless.

This week, PAI reached a new all-time high, climbing 35% in just seven days.

Today, the Relative Strength Index (RSI) has dropped to 62, a decrease from more than 70 yesterday, suggesting that the recent surge in price has slowed somewhat. If the current positive trend persists, PAI could potentially surpass $1.20 and even reach as high as $1.50.

On the negative side, significant support can be found around $0.81. If the price were to fall below this level, it might decrease further to reach approximately $0.53. This drop would represent a possible 47% correction in the value of the AI coin.

Virtual Protocol (VIRTUAL)

The VIRTUAL Protocol serves as a decentralized foundation, enabling the development and financial gain from AI-driven characters in digital environments such as video games and virtual worlds (metaverses).

In the past few weeks, it has become the foremost stage for artificial intelligence cryptocurrency agents, garnering significant attention. Just last week, it outranked other AI-related coins in terms of market capitalization, surpassing competitors like Akash, Grass, and AIOZ.

In the last week, the cryptocurrency VIRTUAL, which is part of the Base ecosystem, has seen a significant increase of approximately 27%. Over the past month, this growth has been even more impressive, with VIRTUAL rising over 500%! On December 13, it reached a brand-new record high.

If the ongoing trend continues, it may reach $3 by December’s end, providing a 30% increase. However, if interest in crypto AI agents decreases, VIRTUAL could encounter robust support at $1.99, potentially dipping to $1.35 should that support be breached.

TARS Protocol (TAI)

The TARS Protocol serves as a versatile foundation for connecting Artificial Intelligence and Web3 innovations. Developed specifically for AI and Blockchain-based solutions offered on demand, it streamlines the shift from traditional Web2 environments to the decentralized Web3 realm, providing a range of tools and resources.

Lately, TARS surpassed a market capitalization of $200 million and reached its highest value ever. Now, it stands as one of the top AI-focused cryptocurrencies within the Solana network.

Over the past week, its price has surged by more than 26%, and within the last month, it’s skyrocketed over 230%. If this upward trend persists, TARS might exceed $0.50, possibly reaching as high as $0.75 or even $1 in the near future.

Negatively speaking, an adjustment might cause it to approach around $0.42. If that support doesn’t hold, there could be a subsequent decrease to approximately $0.31.

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2024-12-13 20:44