AI Crypto is back in relevance in the market. Yesterday, Akash Network (AKT) climbed 24% in price value.
The price now stands at $1.80. However, it finally settled at $1.55. In the last 7 days, AKT has gained over 13%. In 1 month, the coin has achieved over 100%.
However, the price is not near its all-time high from April. Last month, the coin’s price reached $7.10. According to the charts, the coin has reached the bottom. It is crucial that the stage of recovery is set and the strong fundamentals are established.
The Growth Reasons
Akash is an exclusive coin that’s a decentralized cloud with the help of blockchain. A bunch of investors are calling this coin the AirBnB of the cloud. The reason is that it connects users to cheaper computing components for Web3 and AI niches.
The Recent Price Surge
Why is Akash Network growing so fast? Worldwide adoption is the basis of it. At the same time, the recent deal with NextGen is populating the coin powered by AI.
The plan is for NxtGen to offer NVIDIA H100 GPUs to the platform. As a result, Akash has slashed the cloud expenses compared to the other primary provider.
TAO’s growth
TAO is another token that receives equal traction. Like Akash, TAO has achieved a magnificent growth of 120% in the last month. The rise mainly happened due to the rumors that GrayScalle will be a new trust to track TAO. Hence, the coin gathered institutional interest,
Most experts say these two coins will grow big in the next months, so the time is ripe for quick investments.
