The 2024 cryptocurrency market is witnessing an unprecedented surge, particularly in the AI-based. Leading the charge, Golem (GLM), Akash Network (AKT), and Ocean Protocol (OCEAN) are making headlines.
These altcoins stand out for their technologies and potential for high returns. Each of these platforms offers unique solutions that leverage artificial intelligence, promising to revolutionize various industries.
1. Golem (GLM)
Golem (GLM) has emerged as a pivotal player in the decentralized computing sphere, leveraging its open-source platform to foster a peer-to-peer marketplace. This ecosystem thrives on the mutual exchange of GLM tokens, a currency that rewards users for sharing their unused computational resources.
Golem price chart
In a significant development, Binance, a leading cryptocurrency exchange, announced today the introduction of GLM perpetual contracts. This new offering allows for up to 50x leverage in transactions, a move that has injected optimism into the Golem market. This optimism is mirrored in the recent price surge of GLM, which now stands at $0.640, marking an impressive 11.7% increase within a single day.
Golem’s journey towards its all-time high (ATH) of $0.907 on November 28, 2021, gains renewed interest amidst the current market dynamics. With its price inching closer to this peak, speculation abounds on its potential to surpass previous records. Currently ranked 130th on CoinMarketCap, Golem boasts a market capitalization of $620 million, underscoring its growing influence and the market’s confidence in its trajectory.
2. Akash Network (AKT)
Akash Network (AKT) is revolutionizing the cloud computing space by creating a marketplace that values transparency, security, and decentralization. It bridges the gap between individuals with surplus computing power and those in dire need of it. Specifically designed to cater to Web3 developers, Akash provides an array of tools aimed at simplifying the deployment of decentralized applications.
Akash Network price chart
Recent analyses of the network’s performance have highlighted an impressive trajectory. AKT has experienced a meteoric rise of 1,244% over the past year, complemented by a notable 95% increase just in the last month. Presently valued at $5.40, the token witnessed a significant 17% upswing within the last 24 hours alone.
The peak value of AKT, $8.07, was recorded on April 6, 2021, after which the market adjusted slightly. Nonetheless, the bullish trends observed in the recent month suggest the potential for AKT to break past its previous high and possibly reach new milestones above the $8.00 mark in the coming period.
3. Ocean Protocol (OCEAN)
Ocean Protocol (OCEAN) is at the forefront of pioneering a Data Economy, leveraging blockchain, AI, and data technologies. This innovative platform enables secure and private data sharing, empowering data owners with control over their assets. It aims to unlock the potential for data commercialization through various tools and services, including data marketplaces.
Ocean Protocol price chart
As of recent updates, Ocean Protocol’s value stands at $1.18, marking a notable 17.7% increase within the last day. This positive trend reflects growing investor confidence, with the protocol experiencing a significant 35% price appreciation over the month and a weekly increase of 17%.
Remarkably, its all-time peak reached $1.94 on April 10, 202I, showcasing its potential in the Data Economy space. This upward trajectory is indicative of a bullish market sentiment towards OCEAN, highlighting its impact on the future of data utilization and exchange.
Bottom Line
As the crypto landscape continues to evolve, Golem, Akash Network, and Ocean Protocol represent promising opportunities for investors. Their innovative approaches to integrating
AI with blockchain technology make them prime candidates for those looking to enrich their crypto portfolios in 2024. With solid foundations and a clear vision for the future, these altcoins are poised to play significant roles in the next wave of the digital revolution.
