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Best AI Tokens to Buy as Industry Eyes $1 Trillion Potential by 2030
With the innovation of artificial intelligence, the cryptocurrency market has found a new pivot with AI tokens. Having been on a bull run since the release of ChatGPT, AI tokens are the new craze in the cryptocurrency market, following the meme coin craze.
Given the limitless potential of AI across all major industries, the AI industry is set to explode in the coming years. The broadest projection of the market reveals that the industry will hit the $1 trillion mark by the end of this decade.
The bull run in AI application and adoption will have a positive impact on AI tokens. So, let’s take a closer look at the top AI tokens to buy this year as the industry sees $1 trillion.
Will Fetch AI Token Hit $3 This July?
With a market capitalization of $1.21 billion, FET price is trading at $1.43, a 59% discount from the all-time high of $2.04. The declining trend forms a descending channel on the daily chart as it remains below the psychological limit of $1.50.
However, after a bull run in early 2024, the AI token is showing a 113% year-to-date growth. With a positive cycle in the bearish channel, the FET token is anticipating a trend reversal.
After the overnight jump of 6.40%, forming a bullish engulfing candle, the bulls are expected to reach the upper trend line. A bullish reversal can take Fetch.AI price to $2. In case of a breakout rally, the next potential target will be $2.671 and $3.26 in July.
Considering the massive jump of 17225.23% from the all-time low of $0.00827, Fetch.AI Prediction shows immense upside potential.
Will Worldcoin break the general trend line?
One of the largest altcoins in the AI token space, Worldcoin, created by ChatGPT founder Sam Altcoin, is an early pick. The brainchild of OpenAI creator Sam Altman, Worldcoin shows close ties to the AI space despite being a privacy/identity coin.
Despite the decline in Q2 2024, WLD price action reveals a falling wedge pattern. Trading at $2.34, WLD token is down 80% from its peak of $11.70.
However, the token remains undervalued and could cross the psychological $10 mark this year if the broader market recovers. The chances of such a trend reversal are high as Bitcoin recovers from $60,000 for the third time this year.
A bullish trend reversal with a descending wedge breakout in the recovery market can give rise to a new bull run in the AI token. In that case, the WLD Price Prediction suggests a run to $10 in 2024.
Will AGIX Price Trend Reversal Break Above $10?
One of the largest AI tokens, Singularity.NET, has a market capitalization of $789 million. Dropping below the $1 billion market cap, the AGIX token price drops to $0.61.
With a bearish phase underway, the AI token has fallen almost 60% from the all-time high of $1.47. Currently, the AGIX token is showing a morning star pattern at the 50W EMA and the crucial $0.60–$0.63 zone.
With the broader market recovery and the AI sector growing, AGIX price can rise above $1. Optimistically, the altcoin could reach the $10 mark.