• The cryptocurrency market with its bullish sentiment has impacted cryptocurrencies related to Artificial Intelligence (AI). Bittensor (TAO) and Render (RNDR) are among those leading the weekly rise.

Protocol Of Protocols

Bittensor (TAO) is an artificial intelligence protocol based on open source principles, and which is constantly expanding.

With some of these sub-networks, the protocol promises that it will be possible to create images, create music or automatically extract data from web pages in a few hours, all with artificial intelligence.

Since October of this year, it has had an extremely bullish movement and until the date this article was written, the token had a valuation of more than 541.40%. Something really surprises many, because the price of TAO went from USD 141.11 to USD 291.6 in seven days, which represents an increase of 90%.

Bittensor allows different programming language models and algorithms to be trained together. Such trainers or miners rewarded in TAO based on the value they bring.

Strategy: As it is a spot market token, we do not advise entering or buying under circumstances of overvalued optimism. But it's always good to learn about new projects.

Smart Rendering

The bullish trend for the cryptocurrency market related to Artificial Intelligence also came with the RNDR Token from Render Network, a provider of decentralized rendering solutions based on GPUs (graphics processing units).

In the last seven days, the price of RNDR increased 53.46%. The price of the asset a week ago was USD 1.95 and is currently USD 3.4, as seen in the graph. In the case of RNDR, the asset's appreciation is due to an update to the network's reward mechanism.

You can unlock the strategy here: https://social.wubits.io/share/655bb861974b0f0f0b802aee?rid=63dffbc796acc11510f0903b&utm_source=link.

Climbing Network

According to data from CoinMarketCap, SKALE (SKL) is described as an elastic network designed to bring scalability to Ethereum.

In addition to increasing transaction capacity, the decentralized project aims to reduce latency and ensure that payments can be made as cheaply as possible.

To date the token has had a recovery of more or less 211.18%, a fact that caused many traders to trigger their price alerts. At the time of being analyzed, it was within the distribution zone.

See you next time...

Last article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. Remember that all information presented here is a combination of third party data added to our personal opinion.

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Rubikkav.

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