While the technology giant NVIDIA’s 2024 GTC AI conference is about to start, artificial intelligence-themed altcoins are racing to new highs.
The NVIDIA 2024 GTC AI conference will start around 17.00 CET on March 18th. Many artificial intelligence-focused altcoin projects will participate in the conference, and the founders of Near (NEAR) and Render (RNDR) will also speak at the conference.
Altcoins focused on artificial intelligence, which have been benefiting from NVIDIA’s recent momentum, have witnessed a new wave of growth with the approach of the conference. RNDR climbed to an all-time high of $13.6, rising by 25% in the last 24 hours.
NEAR rose by 14% in the last 24 hours, Ocean (OCEAN) by 16%, Grapth (GRT) by 9%, and Ankr (ANKR) by 10%. Crypto whales wanting to take advantage of this opportunity made substantial purchases.
Although the uptrend continues for now, there is increasing concern in the market that there may be a scenario of “sell the news” with the start of the NVIDIA conference.
