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Nvidia Surpasses Apple as Largest Global Company, AI Coins NEAR, ICP, BIT, ASI, INJ Surge

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Release: 2024-11-06 12:36:29
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Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation. This milestone is evidence of Nvidia's leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.

Nvidia Surpasses Apple as Largest Global Company, AI Coins NEAR, ICP, BIT, ASI, INJ Surge

The recent market capitalization achievement by Nvidia has also had a positive impact on some AI-related cryptocurrencies. For instance, NEAR Protocol (NEAR), Internet Computer (ICP), Bittensor (BITS), Artificial Superintelligence Alliance (ASIA), and Injective (INJ) have all experienced notable surges in their prices.

Here’s a closer look at the price movements of these AI coins on Tuesday:

NEAR Protocol (NEAR) Surges 25%

NEAR, the native token of the NEAR Protocol blockchain, saw a significant surge in value on Tuesday. The token began the day trading at $3.43 and reached a peak of $4.30, marking an impressive 25% increase in a short span of time. However, NEAR’s gains later subsided, and the token was trading around $3.90 by the end of the day, indicating a 15% surge from the previous day.

Internet Computer (ICP) Rises 20%

ICP, the native token of the decentralized blockchain network Internet Computer, also experienced a notable surge on Tuesday. The token began the day trading at $1.23 and reached a peak of $1.48, indicating a 20% increase. However, ICP’s gains later moderated, and the token was trading around $1.33 by the end of the day, indicating a 9% surge from the previous day.

Bittensor (BITS) Surges 30%

BITS, the native token of the decentralized blockchain network Bittensor, saw a significant surge in value on Tuesday. The token began the day trading at $0.0006 and reached a peak of $0.0009, marking an impressive 30% increase. However, BITS’ gains later subsided, and the token was trading around $0.0007 by the end of the day, indicating a 20% surge from the previous day.

Artificial Superintelligence Alliance (ASIA) Rises 25%

Another AI-related cryptocurrency that experienced a notable surge on Tuesday was Artificial Superintelligence Alliance (ASIA). The token began the day trading at $0.0007 and reached a peak of $0.0011, indicating a 25% increase. However, ASIA’s gains later moderated, and the token was trading around $0.0009 by the end of the day, indicating a 10% surge from the previous day.

Injective (INJ) Surges 20%

Finally, INJ, the native token of the decentralized derivatives exchange Injective, also experienced a surge on Tuesday. The token began the day trading at $0.83 and reached a peak of $1.01, indicating a 20% increase. However, INJ’s gains later moderated, and the token was trading around $0.95 by the end of the day, indicating a 15% surge from the previous day.

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