Comment
Author: Admin | 2025-04-27
Momentum behind the Artificial Superintelligence Alliance, it simultaneously decreases the odds of it being at unstably high prices.At press time on November 20, FET is trading at $1.28.FET 30-day price chart. Source: FinboldThe Graph (GRT)The thesis behind The Graph (GRT), a blockchain indexing protocol for querying data, is similar to the other two prominent AI cryptocurrencies. Thanks to its prominence as an artificial intelligence token, it has historically reacted significantly to Nvidia earnings reports.Still, like FET and RNDR, its track record is spotty. It enjoyed a massive rally after the February figures were released, collapsed essentially immediately after the May report, and experienced a delayed rally between August and September.Still, GRT boasts stronger positive momentum than FET. Additionally, as it is 35.69% up in the last 30 days, it isn’t at unstable heights as RNDR. At press time, The Graph is changing hands at $0.23.GRT 30-day price chart. Source: FinboldFinally, it is worth pointing out that despite the fact that the three digital assets offer the possibility of massive returns, they remain highly risky bets that could go either way due to the cryptocurrency market’s volatility and the uncertainty surrounding Nvidia’s earnings.While Nvidia has a history of beating forecasts and an overall strong track record, the difference between predictions and results has been diminishing in recent quarters.Furthermore, as evidenced by firms like Advanced Micro Devices (NASDAQ: AMD), should Nvidia exceed expectations but by a smaller margin than was hoped for, traders could still view the report as something of a failure and begin selling.Featured image via Shutterstock
Add Comment