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AI Tokens surge, according to market report

Twitter icon  •  Published il y a 7 mois  •  Nikolas Sargeant

Tokens that use artificial intelligence have surged recently, according to KuCoin Market Watch from Friday, September 1, 2023.

Tokens that use artificial intelligence have surged recently, according to KuCoin Market Watch from Friday, September 1, 2023. 

The main force pulling up the sector is Nvidia. Nvidia holds a prominent position in the provision of both hardware and software for artificial intelligence. Furthermore, Nvidia offers the CUDA API, enabling the development of highly parallel programs optimized for GPU utilization. These solutions are widely implemented in supercomputing facilities worldwide.

According to the report, AI tokens such as $FET, $AGIX, $OCEAN, and $AKT have seen gains. 

In regulatory news from the report, the Securities and Exchange Commission has delayed a decision on spot Bitcoin ETFs for another 45 days. 

For anyone wondering “Is KuCoin available in the US?” the SEC is a major reason why it is not. KuCoin is available in many countries around the world but remains wary of the SEC as it is still deciding major cases that will determine the regulatory landscape in the world’s largest single-nation economy. 

Author

Nikolas Sargeant

Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.