AI narrative is a hot story in crypto right now following strong earnings reported by Nvidia, a leading designer of graphics processing units . Nvidia’s results highlight the surging demand for AI applications and hardware to support them. This is shining a spotlight on cryptocurrencies related to AI, like RNDR and The Graph , which have seen renewed investor interest., which breached the $10 million mark in its presale.
Other bullish factors noted include a series of higher weekly closes indicating bullish reversal, oversold conditions relative to the all-time high, and positive momentum on technical indicators like the DMI. There is a hosted service already in production that makes it easy for developers to start building dapps on The Graph. Later this year, The Graph plans to launch a fully decentralized network.
Central to making this work are Inqubeta’s ERC-20 QUBE tokens for fractionalizing NFTs into tradable digital assets. QUBE has a fixed max supply and a 2% transaction burn, creating deflationary conditions that could appreciate value over time. This tokenomics model might look attractive for investors.