Why Your AI Crypto Just Did the Financial Equivalent of a Victory Dance 💃📈

by
  • TAO crypto’s Open Interest strutted up by 16.28%, because apparently, derivatives markets like to show off.
  • Despite trade wars that rival a family feud, Nvidia is betting big on AI like it’s the next circus act.

Ah, the marvels of AI-themed cryptocurrencies—led by Bittensor [TAO] and Artificial Super Intelligence Alliance [FET]—have puffed themselves up over the past 24 hours, leaving the broader digital-asset market gasping in their silicon-powered dust.

This sudden price ballroom blitz extends the bullish tango we witnessed earlier in 2025, proving that sometimes, digital coins do know how to put on a show.

According to Coingecko’s ever-watchful research, AI coins have enjoyed a spike of affection from investors, like bees to a rather shiny honeypot.

In the first quarter of 2025, these clever little tokens cornered 35% of global investor attention, giving memecoins—a group that normally hogs the limelight with 27%—a polite nudge aside.

Meanwhile, AI-related tokens (that’s artificial intelligence, AI agents, and AI frameworks for you non-tech-savvy souls) grabbed a solid 25% of the Q1 story.

AI tokens soaring

TAO crypto: The Cool Kid Leading the AI Coin Pep Rally

These AI-themed tokens have expanded their bank accounts significantly of late.

Take TAO, which has swaggered up by 12.5% on the daily charts. Render [RNDR] decided to tag along with a sprightly 6.9%, FET politely popped up by 10.14%, and Near Protocol [NEAR] quietly inched 3.84% higher.

The bullish mood has been hanging around longer than your favorite aunt at a wedding. FET, for instance, strutted up by 19.73% over the past week, while Render sashayed 11.78% upward in the same timeframe.

FET derivatives market

Not to be outdone, these tokens have also been making quite the splash on the Futures markets.

FET showed its muscles with a 12.88% jump in Open Interest, reaching a handsome $65.4 million, while its volume went on a 54.9% growth spree to hit $126.5 million.

TAO and Render Futures matched this party spirit, with TAO ballooning by 16.28% and Render by 14.8%.

The burning question, dear reader—

What’s fueling this coin carnival?

Two main reasons, really. First, Nvidia’s CEO made a daring pilgrimage to China, despite the ongoing trade squabble that feels like a spat at a particularly stuffy dinner party.

Second, Bitcoin has decided to behave itself, giving AI coins and their memecoin cousins a little breathing room and a hopeful wink.

When Bitcoin plays nice, the rest of the crypto zoo seems inclined to follow suit, like obedient pups eager for treats.

The Crystal Ball Gazing: What Next?

With AI back on the market’s playlist, one wonders if the tune has enough oomph to keep the dance floor busy for the long haul.

As AI moves front and centre in these trade tiffs, its themed coins might get caught in the crossfire—think of it as a high-stakes poker game with fewer chips and more algorithms.

But for the moment, the market appears to be catching its breath while Bitcoin holds its fort. If this delicate balance persists, AI tokens could very well moonwalk their way to continued growth.

Read More

2025-04-18 17:19