Summary
Even with the current market turning down, some AI tokens may bounce back. Near Protocol (NEAR), Injective (INJ), and Super Artificial Intelligence (FET) may be the big three for the Q4 surge.
Near Protocol (NEAR)
NEAR recently made an upsurge of 3% and a monthly uptick of 36% which positions its market cap at $6.617 billion. However, this didn’t last long as the broad market liquidation forced it to decline by 8.87% in the last 7 days. The price of NEAR is $4.77 today with a 24-hour trading volume of $632,735,252. Even with recent declines, NEAR still leads the AI and big data category by a market cap of $5,286,046,052.
According to analysts, NEAR could cross the daily high mark of $4.9 and reach up to the $5.5 price point. However, the ongoing market trend could also drag the asset down to $4.0.
Injective (INJ)
Similar to NEAR, Injective (INJ) was also enjoying its monthly upsurge of an impressive 41% until wasn’t. However, its weekly report remains positive, with the 24-hour trading volume up by 21.8%. The price for INJ is $21.26 today with a 24-hour trading volume of $256,998,447. With a circulating supply of 98 Million INJ, Injective is valued at a market cap of a staggering amount, of $2,068,554,543.
According to analysts, INJ could rebound this month to retest its daily high of $24. If it manages to cross this point successfully, it could position the price to $28. However, if the market trend continues it may also go as down as $17.
Super Artificial Intelligence (FET)
FET, one of the leading tokens in the AI ecosystem suffered a 5% weekly decline which was extended to 10% after the sudden pullback of the broad market. However, in the last 24 hours, its price has increased by 1.94% making its current price $1.47. Its 24-hour trading volume was about $649,766,772. With the available supply of $2.6 billion FET, the Artificial Superintelligence Alliance is valued at a market cap of $3,847,650,908.
According to analysts, once FET crosses $1.650, it could surge to $2.2. However, in a worst-case scenario, it may fall as down as $1.
