Top 3 notable AI coins by the end of April

The AI coin sector continues to draw attention as April comes to an end, with Render (RENDER), Story Protocol (IP), and CLANKER being standout projects.

RENDER leads, increasing nearly 17% over the week and regaining a market capitalization of 2 billion USD. In contrast, Story (IP) decreased by 6.5%, making it the worst-performing token among the top 10 AI coins, while CLANKER lost more than 7% of its value in the past 24 hours.

With the momentum of change across the industry, all three projects are positioned at key technical levels, which can determine their next moves.

RENDER

Render Network (RENDER) provides decentralized GPU computing power for creators, developers, and AI applications (AI). Its infrastructure supports 3D graphics rendering, visual effects, and AI model training.

Price analysis of RENDER | Source: TradingView RENDER, the native token of the network, has increased nearly 17% in the past week, pushing its market capitalization back above the 2 billion USD mark. This is the best-performing altcoin among the top 10 AI coin projects in the market.

If the upward momentum continues, RENDER may test the resistance levels at $4.065 and $4.21, with a breakout possibly paving the way towards $4.63.

However, if the trend reverses, the main support lies around $3.82 and $3.68. Losing these levels could trigger a deeper decline to $3.47 or even $3.14 during a stronger correction.

Story (IP)

Story Protocol (IP) is a decentralized infrastructure designed to manage and monetize intellectual property (IP) on-chain, focusing primarily on artificial intelligence (AI).

It allows creators to register stories, characters, and other digital assets, enabling collaborative development, licensing, and programming royalties, while integrating AI into the creation and distribution process.

IP Price Analysis | Source: TradingViewAlthough experiencing a spike of 477% from February 16 to February 26, the native token of Story – IP, has decreased by 6.5% over the past week, the largest decline among the top 10 AI coins.

If the current correction continues, IP may test the support level at $3.82 and if it drops below this level, the price could fall back below $3. However, if the upward momentum returns, IP may retest the resistance level at $4.49 and then aim for $5.04.

A strong recovery could ultimately bring the token back to the $6.61 region, regaining the previous hype.

Tokenbot (CLANKER)

Tokenbot is a launchpad built on the Base chain, with its native token, CLANKER, having decreased by more than 7% in the past 24 hours.

Notably, Base has climbed to the fourth position in weekly DEX trading volume, reaching 4.7 billion USD, only behind BNB, Ethereum, and Solana, although its volume has decreased by 7.73% in the past week.

Price analysis of CLANKER | Source: TradingViewInterest continues to draw attention to the recent move by Base with the launch of "Content Coin", as the community closely watches how the story unfolds.

If CLANKER continues its current downtrend, it could test the support level of $27.97 and even potentially plunge to $22.84, below $25 for the first time since April 6.

Conversely, the recovery momentum could lead to a test of the resistance level at $36, followed by $40. If the sentiment around the Base token strengthens, CLANKER could rise to $47 as the growth momentum builds.

You can view the detailed prices of RENDER, IP, and CLANKER.

Disclaimer: This article is for informational purposes only and is not investment advice. Investors should conduct thorough research before making decisions. We are not responsible for your investment decisions.

Viet Cuong

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments