The integration of artificial intelligence into blockchain projects has been a leading trend in 2024. Projects like Near Protocol, IntelMarkets, and Worldcoin have gained attention due to their AI-driven solutions for real-world challenges. As a result, there has been a major surge in consumer traction towards projects that are devising ways to improve blockchain using AI technology.
Near Protocol Gears Up For Resurgence After Usage Metrics Increase
Near Protocol has stood out in the crypto market for its unique product suite, which features Sharding solutions to enhance scalability. The platform has witnessed a major increase in market usage in the past month, with an increase of over 20%. A key trigger for this surge has been linked to the increase in NEAR accounts to 1 million.
On the technical charts, the NEAR product has recently overcome critical resistance at $4.571 and continued to surge over 10% and is currently trading at $5.32, showcasing a major local breakout. However, experts think that caution is recommended for NEAR because a short correction could be observed before a further breakout to $8.2 in October.
Worldcoin Surges Before Upcoming Supply Unlock
Sam Altman’s Worldcoin (WLD) initiative has made a strong recovery in the market after expanding to the Solana blockchain. This recent interoperability move has propelled the project, with volumes surging 12.25% on the daily charts and the price of Worldcoin exploding by 9.1%.
Worldcoin’s decentralized identity protocol has invited strong criticism from crypto experts who have labeled the project to be a major privacy challenge. This recent move enhances the operability of the World ID project from the Ethereum blockchain to the Solana ecosystem through Wormhole with further authentication capabilities. However, Worldcoin (WLD) has an extensive history of price volatility associated with unlocks so investors are advised to research the risks before joining the project.
IntelMarkets Launches Quantum-Proofing Initiative With $1 Million Grant
While other AI projects are still building the foundations of their products, IntelMarkets (INTL) has already made a significant impact by tackling a real-life challenge. Most retail crypto traders compete against enterprise giants with advanced machine-learning technology that identifies trends and moves the market on a liquidity basis.
IntelMarkets (INTL) evens the landscape by providing retail traders with advanced AI-based insights. The platform is natively developing its AI-layer on top of the blockchain layer to train trading robots that can capitalize on even the slightest move in the market. IntelMarkets is also solving the challenge of Quantum computers threatening blockchain encryption by working on the Route X21 protocol with a $1 Million grant from sovereign investors in the MENA region.
While currently in the presale phase, IntelMarkets (INTL) is allowing early investors to join the platform at a discounted price of $0.018 before the token launches at $0.11. This represents a minimum gain of 400% on listing alone, not including the surge that could come when the project is listed on a major CEX exchange like Binance.
With over $500,000 raised within days, it can be fair to say that IntelMarkets is the hottest AI crypto in the market right now. It is also seeing inflows from Near Protocol and Worldcoin traders, and it could be worth keeping an eye on before the price jumps up in the coming weeks.
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