CandleFocus AI Coins FET, NEAR Rally as OpenAI Aims for $150 Billion Valuation
2024-09-12
Author: Content Editor
Artificial Intelligence (AI) coins, such as Artificial Superintelligence Alliance (FET) and NEAR Protocol (NEAR), have experienced price increases following reports of OpenAI's plans to raise $6.5 billion in equity financing. FET's price increased by 10%, while NEAR's price climbed nearly 6%. This development has led to speculation about a consistent upward trend for these coins. The funding round for OpenAI is expected to be led by Thrive Capital, with Microsoft, Apple, and Nvidia also potentially participating. The price increases for AI coins suggest positive sentiment among investors. However, there is still a possibility of a price decline if bearish pressure takes over.
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