CandleFocus Near protocol (NEAR) jumps 22% following Nvidia, Alibaba partnership
2024-09-24
Author: Content Editor
The total market capitalization of artificial intelligence (AI) digital assets increased by 10.7% to $29.9 billion, with trading volume above $2.5 billion. The collaboration between Nvidia and Alibaba Cloud to advance autonomous driving in China added to the optimism in the AI crypto sector. Near Protocol, an AI-related token, saw a 21.84% increase within a week, supported by technical indicators and a bullish narrative. The project's unique accounts and transaction fees have also increased, indicating a healthy ecosystem. Open Interest in Near Protocol has climbed, reflecting active accumulation and increased investor enthusiasm. The altcoin is trading at $5.25 and is expected to see extended gains.
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