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Reading: TAO crypto soars 12%, FET crypto up 10%: 2 reasons why AI coins have revived
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CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data > Blog > News > TAO crypto soars 12%, FET crypto up 10%: 2 reasons why AI coins have revived
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TAO crypto soars 12%, FET crypto up 10%: 2 reasons why AI coins have revived

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Last updated: April 18, 2025 5:00 pm
CoinRSS Published April 18, 2025
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TAO crypto leads AI coin rallyWhat’s driving these gains?What next?
  • TAO crypto’s Open Interest rose 16.28%, confirming derivatives market confidence.
  • Despite growing trade wars, Nvidia is betting on further growth in the AI industry.

AI‑themed cryptocurrencies—led by Bittensor [TAO] and Artificial Super Intelligence Alliance [FET]—surged over the previous 24 hours, outpacing the broader digital‑asset market.

The sudden upsurge in price charts extends the bullish outlook witnessed throughout the first quarter of 2025.

According to Coingecko’s research, AI coins have recorded significant growth.

In the first quarter of 2025, Artificial Intelligence tokens captured 35% of global investor interest, surpassing memecoins, which accounted for 27%.

Equally, AI-related tokens (artificial intelligence, AI agents, and AI frameworks) accounted for 25% of the Q1 narrative.

Source: CoinGecko Research

TAO crypto leads AI coin rally

AI-themed tokens have recorded significant gains in recent days.

For instance, TAO has surged by 12.5% on daily charts. Render [RNDR] was up by 6.9%, FET by 10.14%, and Near Protocol [NEAR] rose by 3.84%.

This bullish outlook has held over the past week. For example, FET has gained by 19.73% on weekly charts, while Render was up by 11.78% over the past seven days.

Source: Coinglass

On the Futures markets, these tokens have recorded considerable gains as well.

Looking at FET, the altcoin has experienced a 12.88% increase in its Open Interest, hitting $65.4 million, while volume shot up by 54.9%, reaching $126.5 million.

The same performance was observed on TAO and Render Futures, with the former growing by 16.28%, and the latter by 14.8%.

The question now is –

What’s driving these gains?

AI tokens are performing significantly because of two main reasons. For starters, Nvidia’s CEO recently visited China, despite the country’s ongoing trade war with the U.S.

Another reason for this resurgence is Bitcoin’s stability. With BTC becoming more stable, coins with unique themes such as AI coins and memecoins are seeing a lifeline.

Usually, when BTC is performing well, other tokens tend to follow suit.

What next?

With the AI narrative making a comeback in the market, the question is whether the market has enough fuel to push the coins for a sustained period.

As artificial intelligence gets into the center of trade wars, AI-themed coins will be impacted greatly. For now, the markets are stabilizing as the broader crypto market seems to cool down.

As long as Bitcoin holds strong, while AI projects continue to rise, AI tokens are positioned for further growth.

Next: Bitcoin stalls at $85K – Will THIS short‑term signal pull BTC to $82K?

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