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Goatseus Maximus Surges 12,000% as AI Boosts Crypto Hype

by Ouess
written by Ouess

Goatseus Maximus (GOAT) has captured the attention of the crypto market with its rapid price surge, largely fueled by artificial intelligence (AI) involvement. Since its launch, the GOAT price has skyrocketed over 12,000% within the first 24 hours, and demand continues to grow.

Recently, the token hit a new all-time high (ATH) of $0.4664, with even more potential gains ahead.

What is Goatseus Maximus (GOAT)?

Goatseus Maximus is a meme coin on the Solana blockchain, and its origins are mysterious. The creator remains anonymous, but the token is closely associated with an AI bot called “Truth of Terminal,” built by Andy Ayrey. This AI bot had a vision of creating a meme-themed cryptocurrency, which came to life as Goatseus Maximus after catching the interest of tech giant Marc Andreessen, who invested $50,000 in Bitcoin to fund the project.

Truth of Terminal’s involvement doesn’t stop there. The bot heavily promoted the coin, buying thousands of GOAT tokens, which quickly made it the first-ever AI millionaire. Through continuous endorsements and AI-driven marketing, GOAT’s popularity soared, turning it into a multi-million-dollar meme coin.

Currently, GOAT is trading at $0.3956 with a market capitalization of $391.43 million, a remarkable feat given its recent launch. Early investors saw significant returns, with one turning $86,000 into $3.9 million in just six days. This explosive growth has made Goatseus Maximus the talk of the crypto world.

What’s Next for Goatseus Maximus?

While AI didn’t create GOAT, its promotion by Truth of Terminal has played a major role in the token’s success. The bot’s fascination with the “GOATSE OF GNOSIS” meme helped fuel its rise. However, the long-term outlook remains uncertain. Despite the token’s strong performance, the market is volatile, and corrections are possible.

With a trading volume of $143.16 million, demand for GOAT remains high. Analysts believe the balanced supply distribution and whale accumulation could drive the price past $0.50 soon. However, after reaching its ATH, a potential 12.5% price dip could occur before the next rally.

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Altcoin

Worldcoin Price Surges Amid OpenAI’s New AI Model Release

by Ouess
written by Ouess

Worldcoin (WLD) saw a significant price increase on September 12 following OpenAI’s announcement of its new AI model, o1.

This model, designed for complex reasoning tasks, created a surge in Worldcoin’s value, breaking past key resistance levels. After initially spiking by 16%, the price settled around $1.49. Investors now wonder if Worldcoin can leverage this momentum to hit $2.

OpenAI’s o1: The Reason Behind Worldcoin’s Surge

OpenAI, known for its role in ChatGPT, unveiled a new AI model called o1, which is reportedly more advanced than its predecessor. The o1 model focuses on solving complex issues in fields like quantum physics and coding. This announcement generated excitement, as Sam Altman, co-founder of both OpenAI and Worldcoin, played a key role in this development. The connection between Altman and Worldcoin fueled speculation, helping drive the token’s price upwards.

Worldcoin Price Outlook: Can It Reach $2?

Worldcoin has been trading below $1.50, a strong resistance level, for weeks. However, the recent surge broke through this barrier, forming a bullish chart pattern. If Worldcoin successfully retests the new support level of $1.50, it could see a 34% increase, pushing the price to $2.00. If buying pressure continues, it might even reach the next resistance at $3.20.

On the downside, failure to maintain the $1.50 support could trigger a drop, with potential targets of $1.35 and $1.25.

Why is Worldcoin’s Price Rising?

The primary reason behind the recent rise is the launch of OpenAI’s o1 AI model and the market’s connection between Altman’s involvement in both projects. Additionally, despite criticism surrounding Worldcoin’s tokenomics and supply control, it has remained a hot topic in the crypto community.

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Altcoin

PAAL AI Price Soars 68%: Can It Sustain the Rally?

by Ouess
written by Ouess

PAAL AI price has shown a strong rebound from support after forming a double bottom pattern on the charts. The price surged nearly 68% in a week, indicating a robust comeback by the bulls. Rising buying pressure in recent sessions suggests the end of a correction phase.

Active Addresses Surge

On-chain metrics reveal significant growth in 24-hour active addresses, confirming a breakout from the correction phase. PAAL AI, represented by a token on the Ethereum blockchain, offers profit-sharing and token buybacks to enhance demand and value. Users earn tokens by engaging with AI services, making referrals, and contributing to the community.

Source : Santiment

Weekly Performance and Growth

PAAL AI’s performance this week has been impressive, rising from $0.182 to $0.312, a 68.7% gain in a week and over 40% in a month. Despite this strong performance, PAAL AI remains 63.18% lower than its all-time high of $0.33 recorded four months ago.

Increasing Demand and User Activity

The number of active addresses has surged from 239 to 324, indicating a significant increase in user activity. This 30% growth in active addresses reflects heightened demand and participation in transactions, a positive sign for PAAL AI’s future price movement.

Potential for Further Gains

The weekly spike of nearly 68% validates the double bottom pattern on the chart, suggesting a bullish reversal. The daily chart highlights a breakout of a trendline resistance, which has been a hurdle for the bulls. A sustained move higher could see PAAL AI price reach $0.485, representing a 53% gain from current levels. However, a close below $0.252 would invalidate the breakout and potentially trigger a decline.

Conclusion

PAAL AI has demonstrated strong performance, with a 68.7% rise in a week and over 40% gain in a month. The increase in active addresses and the bullish reversal pattern indicate a positive outlook. If the price sustains above the trendline, further gains are likely. However, caution is advised as a close below $0.252 could lead to a decline.

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Altcoin

Fetch.AI Price Analysis: FET Eyes Breakout Amid Market Recovery

by Ouess
written by Ouess

The now-rebranded Fetch.AI (FET) has bounced back to the $1.4 price range amid a market recovery and is currently testing the $1.5 resistance level. Over the weekend, the AI token saw nearly a 40% recovery and seems poised for a breakout.

Market Impact and Predictions

Market watchers have predicted both short-term and long-term targets for the token following the Artificial Superintelligence Alliance (ASI) token merger.

FET’s Price Drop and Recovery

This month, the Artificial Superintelligence Alliance started phase 1 of the ASI token merger process. The rebranding involved changing Fetch.AI’s name and logo to the Alliance’s. Although FET updated its supply and market cap, it temporarily retained its ticker.

Phase 1 began with delisting Ocean Protocol (OCEAN) and SingularityNET (AGIX) from crypto platforms. However, exchanges like Kraken and Coinbase announced they would not support the migration process.

Following the rebrand, FET’s price dropped by nearly 10%, despite surpassing other AI tokens like Render (RNDR) and becoming the 27th largest cryptocurrency by market cap. The token lost the $1.4 support zone, falling to $1.2 before reclaiming $1.3. The broader market retrace dragged FET’s price below $1.1, a level not seen since February, representing a 26% decline from its Q3 opening price of $1.45.

Recent Surge and Future Outlook

As the market recovered from the July retrace, FET surged 38.7% over the weekend. The AI token rose from $1.11 and reclaimed the $1.4 support zone on Monday. Analysts noted FET’s steady recovery, suggesting the token maintained a bullish pattern and could potentially achieve a 3X performance.

On Thursday, World of Charts highlighted FET’s recent price action, noting that the token is breaking out of a falling wedge pattern and could see a “massive bullish wave” towards $5 in the coming days. Crypto analyst Posty shared a similar view, stating that the AI token is “looking much better” and could break out of the falling wedge pattern, emphasizing that reclaiming the $1.75 resistance level is crucial for further gains.

Another analyst believes that closing above the $1.7 mark will propel the price to a new all-time high (ATH). According to the post, breaking out of the three-month downtrend line could see FET soar to $13 after the ASI token merger.

Conclusion

In the last 24 hours, FET surged 12%, hitting $1.54. The AI token has seen a 25% and 18% surge in weekly and monthly timeframes, respectively. Fetch.AI price analysis suggests a potential breakout as the token continues its upward trend.

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Altcoin

Altcoin Analysis: $RNDR, $AVAX, and $PYTH at Critical Levels

by Ouess
written by Ouess

The market is still waiting for a Bitcoin rally that has yet to arrive. Meanwhile, altcoins like $RNDR, $AVAX, and $PYTH are at crucial levels. Will they bounce back or continue to decline?

$RNDR Approaches Bounce Levels

Render ($RNDR) has fallen below its bull trend line, breaking strong support at $7. The price has now confirmed this level as resistance, dropping to $5.42, which aligns with the 0.618 Fibonacci level. This might offer some support and potentially lead to a bounce. If not, the next support is at $4.63.

$AVAX Nears Base Price Structure

Avalanche ($AVAX) risks falling back to its bull market base structure at $21, coinciding with the 0.786 Fibonacci level, a very strong support. Currently, $AVAX is holding at $25, a support level reinforced by breaking the downward trend line. The upcoming weekly close will be crucial for determining its direction.

$PYTH at a Double-Bottom

$PYTH experienced a significant price drop due to a recent token unlock. Currently, it is below the 0.786 Fibonacci level on the weekly time frame. However, the weekly close is pending, and $PYTH needs to climb above this level and break the downward trend line. A double bottom is forming, and a slight uptick from the stochastic RSI bottom suggests possible momentum. If the indicator continues to rise and another fakeout is avoided, $PYTH could see a recovery.

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Altcoin

Bittensor Security Breach Halts Network, TAO Token Drops

by Ouess
written by Ouess

Bittensor has experienced a major security breach, leading to a halt in network operations and a significant drop in the value of its TAO token. Efforts to investigate and contain the breach are currently underway.

Detection and Immediate Response

The Bittensor team detected suspicious activity on Wednesday morning, prompting an immediate suspension of all network operations. Blockchain explorers confirmed that no new blocks were generated for over six hours, effectively putting the network in “safe mode” and blocking all transactions. This swift action aimed to prevent potential further damage.

Impact on TAO Token Value

The market responded quickly to the news, with the Bittensor (TAO) price dropping by 12%, reflecting investor concerns about the network’s security. The price fell from $281.67 to $237.32 in just 24 hours.

Investigation and Community Response

While official details are limited, early reports suggest the attack involved unauthorized access to user wallets. Security researcher ZachXBT proposed that a leak of private keys might be the root cause. Bittensor co-founder Ala Shaabana confirmed the network halt and assured users that the situation is under control, stating that the attack has been contained.

The Bittensor community on Discord is actively discussing the situation. A moderator named “Watchmaker” confirmed that the network will remain in “safe mode” for at least 24 hours while the investigation continues. As a precaution, regular software updates have been temporarily suspended until the network is fully restored and secured.

Market Impact and Token Performance

The security breach has significantly impacted the Bittensor ecosystem, particularly its native token, TAO. In the 24 hours following the incident, TAO’s price fell by more than 12%, continuing a 16.50% price decline over the past week. Amidst the chaos, the open interest of TAO surged by 16.38%, with a current valuation of $36.4 million. At the time of reporting, TAO’s price stands at $237.45, with a 24-hour trading volume of $84.8 million. The circulating supply of TAO is currently 7 million tokens.

TAO USD Hourly chart

Conclusion: Ongoing Investigation and Market Reactions

These market movements reflect the uncertainty surrounding the network’s security and the potential long-term implications of the breach. As the investigation progresses and more information becomes available, it’s likely that the market will continue to react to developments in this ongoing situation.

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Altcoin

Bittensor’s TAO Token Faces Major Correction Amidst AI Competition

by Ouess
written by Ouess

Bittensor has emerged as a standout AI project in recent months, even as Nvidia, a key player in the AI revolution, experiences a slowdown. But what is the current status of Bittensor’s TAO token?

Exceptional Performance of TAO Token

Between October 2023 and March 2024, the TAO token of the Bittensor project showed exceptional performance. Fueled by AI-related fundamentals, it gained significant investor interest, outperforming even Bitcoin.

Major Correction Phase

Since the second quarter of 2024, the TAO token has entered a major correction phase. After reaching its all-time high on April 11, 2024, TAO has retraced by about 70%. Currently ranked 54th among cryptocurrencies with a market cap of $1.9 billion, Bittensor seems to have lost some investor appeal. So, where does TAO stand technically?

Technical Analysis of TAO

The retracement has pushed Bittensor’s prices into a medium/long-term accumulation zone. With a low around $20, TAO could consolidate between the 0.618 ($300) and 0.786 ($200) Fibonacci retracement levels.

Source : TradingView

Although the major polarity level for TAO is at $400, the rational accumulation zone mentioned is suitable for planned purchases. Key levels include:

  • Confluence zone between 0.618 Fibonacci and the 7-week moving average (red).
  • Confluence zone between 0.786 Fibonacci and the January 2024 lows (green).

Recently, Bittensor has shown significant deterioration. To regain positive momentum, it must break above $400. Conversely, a close below the January 2024 lows would shift the trend to a bearish one.

Competitive Pressure in the AI Crypto Market

TAO operates within the AI narrative, a sector that has seen a surge in new crypto projects recently. Notably, Singularity, Fetch.ai, and Ocean Protocol, established AI projects, announced a merger in March 2024 to leverage their strengths and enhance competitiveness. This merger is expected to create a new token, ASI.

Source : TradingView

This announcement has impacted Bittensor’s price, causing significant capital transfers away from TAO. The TAO/FET ratio has been flat for weeks, indicating a competitive struggle. The winner could become the leading AI narrative in the crypto market.

Conclusion

In summary, Bittensor’s TAO token is facing challenges. Its relative strength in the ecosystem has waned amidst fierce competition. Nevertheless, TAO remains in an upward long-term trend and within a rational accumulation zone. Active investors should wait for stronger signals before committing capital.

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Gainers

AI-Linked Tokens Surge 15% in 24 Hours, Leading Crypto Market Gains

by Ouess
written by Ouess

The AI-linked token sector has seen a remarkable 15% increase in the past 24 hours, according to recent data. This surge has outperformed other sectors in the broader crypto market.

Leading Tokens Driving the Surge

Tokens from projects leveraging artificial intelligence (AI) technology have surged as much as 35% within the last day. This sector’s growth stands out amid a relatively stable overall crypto market. Leading the charge are Fetch.ai’s FET, SingularityNET’s AGIX, and Ocean Protocol’s OCEAN, as indicated by CoinGecko data. On average, the AI token sector has grown by 15%, with tokens boasting over a $100 million capitalization seeing a minimum rise of 4%.

Correlation with Nvidia’s Stock Surge

The growth in AI tokens mirrors a surge in Nvidia’s stocks. Nvidia’s stock has jumped 5% since Monday, making it the most valuable company globally, surpassing Microsoft. While Nvidia isn’t directly related to any crypto companies, its stock price growth tends to influence AI-related tokens.

Understanding AI in Crypto

AI refers to the simulation of human intelligence in machines, enabling them to think and act like humans. Since early 2023, traders have predicted that the AI sector would lead gains in the next crypto market cycle, a prediction that has proven accurate so far.

Ongoing Concerns

Despite the impressive growth, some researchers remain concerned about the actual application of complex AI technology in blockchain projects. These concerns highlight the need for ongoing scrutiny and analysis of the sector.

Conclusion

The recent surge in AI-linked tokens showcases the growing interest and investment in AI technology within the crypto market. As traditional and crypto markets increasingly focus on AI, the sector’s potential for growth appears promising, though it comes with its own set of challenges and questions.

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Press Release

Private Presale started of Wheriz Token: A Solana-Based AI Technology that will Revolutionize Shopping !!

by Ouess
written by Ouess

Introducing $Wheriz Token: Bridging AI and Blockchain for Seamless Shopping

In the dynamic landscape of digital innovation, the fusion of artificial intelligence and blockchain technology continues to redefine everyday experiences. Enter $Wheriz Token, a Solana-based cryptocurrency poised to revolutionize the way we navigate shopping environments. Anchored by the Wheriz project—an ingenious voice assistant technology—the token promises to streamline the shopping experience in supermarkets, malls, and festivals worldwide.

https://wheriz.pro/

Scheduled for launch at the end of this year, $Wheriz Token’s private presale kicks off today, marking the beginning of an exciting journey towards a more efficient and convenient shopping future. With the private presale set to run for a week followed by a public presale, enthusiasts have the opportunity to secure their stake in this groundbreaking project.

As the presale draws to a close, Wheriz Token will make its official debut on the Solana network, tapping into the momentum of the thriving Solana ecosystem. Leveraging Solana’s robust infrastructure, the token is poised to ride the wave of Solana’s popularity, offering users fast transactions and scalability.

But Wheriz Token is more than just a cryptocurrency—it’s the cornerstone of the Wheriz project’s vision for the future of shopping. By holding Wheriz Tokens, users gain access to a range of features within the Wheriz ecosystem, including the ability to book advertising space on Wheriz touchpads. This innovative approach empowers businesses to connect with consumers in real-time, revolutionizing traditional advertising models.

Behind the scenes, the Wheriz project is driven by a team of dedicated computer scientists with a passion for both cryptocurrency and AI. With over a year of development under their belts and previous success in launching other tokens, the team is well-equipped to navigate the complexities of the crypto landscape.

Committed to the success of both the Wheriz project and $Wheriz Token, the team aims to push the boundaries of innovation in both the crypto and AI realms. With a shared vision of revolutionizing the shopping experience, $Wheriz Token and the $Wheriz project are poised to reach new heights in the digital world.

Wheriz Social :

https://wheriz.pro/

telegram account :

https://t.co/LRlgt7H58i

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Altcoin

Fetch.ai (FET) Surges: Milestones, Analysis, and Future Projections

by Ouess
written by Ouess


Fetch.ai’s $FET is leading the charge in the Santa rally within AI narratives. According to IntoTheBlock’s recent report, FET tokens have been accumulated at an average price of $0.488, contributing to a significant uptick.

IntoTheBlock’s IN/OUT of the Money Indicator emphasizes the notable accumulation of Fetch.ai tokens, resulting in 99% of $FET holders being in profitable positions.

Recently, $FET achieved an all-time high in market capitalization, soaring to $700 million, surpassing its previous milestone of over $500 million in 2021 when the token was trading above $1. Presently, it sits at $0.724, marking an increase of 0.89% over the past 24 hours and an impressive 39.65% surge in the last month. Consequently, predictions surrounding Fetch.ai’s coin price have become a hot topic among token holders.

Amidst this rally, traders are reevaluating their portfolios, with $FET having gained an impressive 759.67% in the past year. However, it still lags behind its all-time high by 39.29%, which stood at $1.19.

Fetch.ai has surged significantly, rising 250% from its October low and leaping 52% above its yearly high of $0.48. This trend strongly suggests a high likelihood of the FET token soon reaching the $1 milestone.

Furthering its potential, Fetch.ai has announced an upcoming airdrop of $500 worth of FET tokens. Coupled with its recent rally, this move signals an anticipation for Fetch.ai’s token to ascend to new peaks in the forthcoming months.

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