AI-driven cryptocurrencies are growing, riding on the start of Nvidia that is currently performing in the highest stock market performance.
Hedera Hashgraph (HBAR) is among the top gainers, gaining 33% in this week and coming close to the highly sought Top 20 spot by market capitalization at the moment.
Nvidia’s market cap hit $277B in a one-day rally that caused a stir in the AI sector. This amount has further caused the price of AI-related shares, as well as the AI coins like WorldCoin (WLD) and Hedera (HBAR), to grow significantly.
Over the past month, HBAR has grown its market cap by $1.23 billion to around $4 billion – a level not seen since April 2022. Optimists believe Hedera’s new technology and backing from major players like Hyundai and Kia could soon propel it into the Top 20.