AI tokens INJ, AGIX rally by 30% in a week ahead of ChatGPT creator’s developer conference

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The reign of Artificial Intelligence tokens peaked in Q1 this year after ChatGPT thrust the technology into the limelight.

Artificial Intelligence tokens have seen notable increases in the past week and are expected to continue this run. The likes of Injective , SingularityNET and Ocean Protocol have risen by 30% in the last seven days. ChatGPT creator OpenAI organized a developer conference, OpenAI DevDay, which is expected to serve as a bullish catalyst. However, since Q2, not only has the bullishness subsided, but the demand has too, resulting in the cryptocurrencies losing their value.

price to leave a mark price is hovering above the resistance turned support level of $0.2324. If this level is confirmed to be a support floor, a rise is on the cards, and another rally boosted by the aforementioned conference could send /USD 1-day chart Plus, despite theRelative Strength Index being in the overbought zone,

 

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