- The biggest news this year will be the upcoming OpenAI, Anthropic, and SpaceX IPOs.
- The three companies will attract multi-trillion dollar valuations.
- Venice AI, Akash Token, and Near Protocol are some of the top AI coins to buy.
The biggest wave of IPOs is set to happen in the United States in the coming months. Elon Musk’s SpaceX IPO is set to occur in June, valuing the company at over $1.5 trillion. It will likely be followed by OpenAI, which will have a market cap of $1 trillion+.
Anthropic, which has just raised $30 billion at a $900 billion valuation, will be the next major AI company to go public. Just recently, Cerebras, a chip maker, went public, with its shares more than doubling. This article looks at some of the top AI crypto coins to buy ahead of these IPOs.
Venice AI is a Top AI Crypto to Buy Ahead of these IPOs
Venice Token price has already jumped by over 1,500% from its lowest point in December last year and has more room to go ahead of these IPOs.
The coin has both the fundamentals and technicals to continue rising. For example, SimilarWeb shows that the number of monthly visitors to its website has jumped to over 9 million.
The network’s revenue has continued to rise this year, while token burns have continued to rise. Token burns are important because they reduce the number of coins in circulation, which can boost the price over time.
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Akash Token (AKT) is in a Growing Space
The GPU market is growing rapidly, with most of the demand coming from top hyperscalers such as Microsoft, Google, and Meta Platforms. This demand means that NVIDIA GPUs have sold out and are hard for people to access.
Akash Network solves this crisis by making it easy for people to lease their unused GPUs and make money. Data shows that the network has almost 700 active leases, with users spending nearly $7,000 in the last 24 hours. This business will likely continue to grow in the near term, benefiting the AKT token.
Near Protocol Is at the Intersection of AI and Privacy
Near Protocol’s price has jumped sharply in the past few months and is beating other large players in the crypto space. It has jumped by 180% from its lowest point this year.
The token has jumped because it is at the intersection of AI and the privacy space. It runs one of the fastest-growing layer-1 networks for AI deployment. Its Near.ai service focuses on AI agents.
Near.com provides a platform for users to trade, access yield, and access multiple networks like Ethereum and Sui in a private manner. As a result, its total value locked has jumped to $183 million, its highest level since November last year. NEAR token also has some highly bullish technicals that may drive it higher in the near term.
There are other good AI coins to buy ahead of the IPOs of OpenAI, Anthropic, and SpaceX. Some of the most notable ones are Grass, Artificial Superintelligence Alliance, Render, and Internet Computer (ICP).
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