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Ai Tokens Soaring to New Heights of Irrelevance as They Prepare to Crash and Burn in the Shadow of Nvidia’s Earnings Report

AltcoinsCrypto NewsEthereum 4 Sam Rogers August 27, 2024

A comic-style illustration depicting a rocket ship blasting off into space, with flames and smoke trailing behind it. However, as the rocket gains altitude, its trajectory begins to wobble and destabilize, hinting at an impending crash landing. In the background, a large Nvidia logo looms ominously, while various AI tokens (represented by smaller rockets) are shown soaring upwards in anticipation of the earnings report.

The never-ending circus that is cryptocurrency, where a bunch of made-up tokens surge ahead of some boring old tech company’s earnings report because… why not? It seems like the only thing driving these AI-focused tokens (Near Protocol, Artificial Superintelligence Alliance, Bittensor, and Render) are their own hype – or rather, the desperation to be seen as relevant. I mean, let’s get real here: they’re just numbers on a computer created from nothing by people who can’t even spell ‘artificial intelligence’ correctly.

Source: cointelegraph

AI tokens surge ahead of ‘Super Bowl’ Nvidia earnings report
https://cointelegraph.com/news/ai-tokens-surge-ahead-nvidia-q2-earnings-report
Artificial intelligence crypto tokens have surged over the past week ahead of a highly anticipated second-quarter earnings report from tech giant Nvidia.  AI-focused tokens such as Near Protocol (NEAR), Artificial Superintelligence Alliance (FET), Bittensor (TAO) and Render (RENDER) have seen gains outpace the broader crypto market over the past week.  Proof-of-stake layer-1 network Near’s native token surged 35% over the past week to hit a four-week high of $5.20 on […]

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About the author

Sam Rogers

Sam’s plunge into the crypto world turned into a brutal farce when he fell for an absurdly obvious scam promising to double his investment. After being fleeced by a slick email con, Sam is left fuming and broke. His writing drips with anger and dark humor as he exposes the outrageous scams and ludicrous promises of the crypto world. His motto: “I didn’t just fall for a scam—I was sucker-punched by an entire industry. If you think crypto is a goldmine, just wait until you see how deep it can dig your grave.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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