- Bittensor (TAO), Memeinator (MMTR) tokens surge on fresh AI momentum
- Nvidia, Microsoft and Google among companies partnering US government on new AI pilot program.
- TAO price nears all-time high while MMTR is eyeing new presale milestone.
Bittensor (TAO) and Memeinator (MMTR) are building fresh bullish momentum as the crypto market sets eyes on a new trajectory for artificial intelligence (AI) related coins.
The latest price swell for TAO comes as tech giants Nvidia, Microsoft and Google joined forces with the US government to promote AI research.
Bittensor (TAO) price near all-time high
Bittensor (TAO), the blockchain platform incentivizing AI development in crypto, is currently showing huge resilience as most altcoins bleed. The TAO token, which rose to its all-time high in December 2023, has surged more than 25% in the past 24 hours. Gains over the past week have reached over 40%.
The gains come as the Bittensor community looks forward to greater traction for TAO amid network growth that has more subnets coming up.
And with Bittensor’s governance getting a robust outlook on future developments, the potential for TAO price to outperform the AI crypto market is there. Currently priced at $348 per token and with a market cap of $2.1 billion, Bittensor is above Render, Fetch.ai and Akash Network as the top AI token.
News that Nvidia, Microsoft, Google, Amazon, Intel and OpenAI among other companies have partnered with the US government to launch an AI research pilot program has added to the narrative that this sector could just be at the starting point.
Bittensor’s AI capabilities are already being deployed across the crypto ecosystem. The potential impact of this is a surge in the price of TAO, which makes this one of the top AI related coins in the market.
Memeinator (MMTR): Hottest AI meme coin for 2024?
After racing through the last five presale stages, the Memeinator (MMTR) is now poised at stage 13 with total amount raised close to $3.9 million. With the upturn in market outlook following last week’s downside for Bitcoin and altcoins, Memeinator’s hot streak is getting fresh impetus.
But what is Memeinator and why is it one of the cryptocurrency projects to watch in 2024?
Memeinator is a new crypto project that leverages blockchain technology and AI to offer a meme coin ecosystem set to return the broader sector to the glory days of meme coin culture.
The mission this Terminator-inspired meme project seeks to fulfill involves purging the crypto ecosystem of all the weak or worthless meme coins. These low-quality copycat meme tokens currently contaminate the market, and Memeinator is out to destroy all of them.
What's the Memeinator price outlook?
To cement its status as a top-utility oriented meme coin, Memeinator offers real world value to its users via staking, play-to-earn gaming and NFTs. The team, although highlights marketing as key to community traction, does not rely on pure hype to drive interest.
There’s real value in holding the native MMTR token. For instance, staking is live and MMTR holders can earn rewards from a pool of 21.5 million MMTR.
Memeinator’s genuine utility, potential meme world dominance as it takes up the $1 billion market cap and the bullish narrative for AI tokens combine to make for a potentially explosive future for MMTR.
The token’s current presale price is $0.0197, a bargain today should this project go on to dominate the meme coin space.
Get more information on what Memeinator is here.
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