Crypto Market Rebounds with AI Coins and Dogecoin Following Musk’s Praise
- The total crypto market cap increased nearly 2% to $3.1 trillion in the last 24 hours.
- Dogecoin (DOGE) surged over 8%, trading at $0.1275, with a trading volume increase of more than 35%.
- Top AI coins like Story (IP) rose over 32% to $2.22, extending its weekly gain to over 52%.
- Bittensor (TAO) saw an increase of approximately 8%, currently priced at $235, with a trading volume rise of about 7%.
- Positive remarks from Elon Musk about Nvidia CEO Jensen Huang are believed to have fueled this market activity.
The recent praise exchanged between Elon Musk and Nvidia CEO Jensen Huang has sparked interest in both Dogecoin and various AI coins, leading to significant price increases across the board.
Overall, the crypto market is experiencing a notable rebound, highlighted by Dogecoin’s rise of over eight percent and Story’s impressive growth of more than thirty-two percent within just one day.
