A.I. Coins Surge after Nvidia Earnings and Coinbase Prepares for BASE Mainnet

May 25, 2023

Crypto markets are up slightly today as the majors continue to trade sideways; $ BTC is up 0.26% and ETH is up 0.51%. While most altcoins have had an uneventful day, a few standouts exist. A.I.-related altcoins have been performing exceptionally since Nvidia’s stellar performance after reporting earnings yesterday (shooting the stock up over 30%). A.I. coins AGIX, FET, and RNDR have risen 10.53%, 3.09%, and 3.72%, respectively. Traditional markets are up today – SPX has risen 1.22%, and NDQ has risen 2.79%. A.I. stocks such as Palantir and AMD are also seeing a boost after Nvdia’s earnings, showing that the A.I. narrative is in full force in both crypto and legacy markets. 

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