TAO, FET, and RENDER led the AI sector higher amid improving market sentiment.
Artificial intelligence (AI) tokens outperformed the wider cryptocurrency market on Friday, with the sector’s total market capitalization rising 5% over the past 24 hours to $15.1 billion, according to CoinGecko.
Bittensor’s TAO token was among the top gainers, trading at approximately $233, up nearly 9% on the day and 33% on the week. The Artificial Superintelligence Alliance token (FET) also climbed roughly 8%, while RENDER gained 11%.
Meanwhile, Venice AI’s VVV token surged 15% to a $300 million market capitalization.
A blog post from Nvidia CEO Jensen Huang comparing the AI buildout to the historical impact of electrification helped drive bullish…
