🚀 Top 3 AI Tokens Poised to Explode as Perplexity Drops $34.5B Bombshell Bid for Google Chrome
Perplexity just put Web3 on notice—throwing down a $34.5 billion gauntlet to challenge Google's browser dominance. Here's the AI crypto trio riding the hype wave.
### The Contenders: AI Tokens with Skin in the Game
When an AI firm bets billions to rewrite internet history, these tokens are the speculative rocketships. No VC fluff—just pure asymmetric upside.
### 1. The Dark Horse: Decentralized Search Protocol
Forget PageRank—this tokenized alternative could eat Chrome's lunch if Perplexity's bid goes through. TradFi analysts hate it (which means it's working).
### 2. The Compute Powerplay
Every AI revolution needs raw horsepower. This GPU-backed token's price action looks like a Moore's Law fever dream.
### 3. The Data Oracle
Real-time AI needs real-time data feeds. This under-the-radar project's doing for information what Uniswap did for tokens.
### The Bottom Line
Whether Perplexity's bid is genius or madness, one thing's clear: AI tokens are the new oil—and Wall Street's still trying to short it.
Bittensor nears the crucial crossroad at $400
Bittensor remains muted so far on Wednesday, following its 8.94% gains from the previous day. The AI token holds the ground at the 50% retracement level at $361, drawn from the $712 peak on December 8 to the $183 low on April 6.
The bounceback in TAO struggles to reclaim the $400 level, while bulls target the 61.8% Fibonacci level at $424. A decisive close above the psychological level could extend the recovery run.
The Moving Average Convergence Divergence (MACD) maintains an uptrend after crossing above its signal line on Sunday and flashing a buy signal. This indicates steady bullish momentum supporting the upside chances.
The Relative Strength Index (RSI) reads 53 on the daily chart, indicating the buying pressure holds above the neutral level.
TAO/USDT daily price chart.
Looking down, the AI tokens could retest the $361 support level if the supply pressure remains dominant at $400.
Near Protocol targets the 200-day EMA breakout
Near Protocol edges higher by nearly 2% at press time on Wednesday, following the 7% rise on Tuesday, extending the bounce back from the 50-day Exponential Moving Average (EMA) at $2.59. The recovery run in NEAR targets the 200-day EMA at $2.96 as the immediate resistance.
A decisive push above this dynamic line could reclaim the $3.00 level, potentially extending the rally to test the 50% retracement level at $3.87, which is retraced from $8.24 on December 6 to $1.82 on April 9.
A bullish tilt is evident in the momentum indicator, enhancing recovery chances, as the RSI at 57 indicates rising buying pressure, and the MACD has crossed above its signal line.
NEAR/USDT daily price chart.
On the flip side, a close below the 50-day EMA at $2.59 could extend the decline to $2.14 support, last tested on July 8.
Render could face opposition at a crucial resistance trendline
Render bounced back by 8% on Tuesday and extended the uptrend by 2% at the time of writing on Wednesday. The recovery in RENDER eyes the 200-day EMA at $4.30, moving closely with a resistance trendline formed by connecting the January 21 and May 10 closes.
Investors could consider a decisive close above the 200-day EMA as a buying opportunity, potentially targeting the 50% retracement from the December 6 close of $10.47 and the March 10 close of $2.73, at $5.35.
The momentum indicators support the optimistic viewpoint, as seen with previous AI tokens, with an RSI of 57 and an uptrending MACD and its signal line indicating rising bullish momentum.
RENDER/USDT daily price chart.
On the contrary, a reversal from the resistance trendline could retest the 50-day EMA at $3.82.