AI Coins FET, NEAR Rally as OpenAI Aims for $150 Billion Valuation

BE[IN]CRYPTO09-12

AI coins surge as OpenAI's $6.5 billion equity raise triggers market optimism for the sector's growth. FET's price has initially bounced off $1.06, and the daily chart indicates a new target of $1.85....

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2466278918?lang=en_US&edition=fundamental","thumbnail":"https://beincrypto.com/wp-content/uploads/2024/02/bic_Artificial-Intelligence_2-covers_neutral-850x478.jpg.optimal.jpg","is_english":true,"pubTime":"2024-09-12 18:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2466278918","market":"us","top_or_hot":-1,"title":"AI Coins FET, NEAR Rally as OpenAI Aims for $150 Billion Valuation","media":"BE[IN]CRYPTO","content":"<div>\n<p>AI coins surge as OpenAI's $6.5 billion equity raise triggers market optimism for the sector's growth.\nFET's price has initially bounced off $1.06, and the daily chart indicates a new target of $1.85....</p>\n\n<a href=\"https://beincrypto.com/ai-coins-fet-near-rally-amid-openai-news/\">Source Link</a>\n\n</div>\n","source":"beincrypto_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AI Coins FET, NEAR Rally as OpenAI Aims for $150 Billion Valuation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAI Coins FET, NEAR Rally as OpenAI Aims for $150 Billion Valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-12 18:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://beincrypto.com/ai-coins-fet-near-rally-amid-openai-news/><strong>BE[IN]CRYPTO</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AI coins surge as OpenAI's $6.5 billion equity raise triggers market optimism for the sector's growth.\nFET's price has initially bounced off $1.06, and the daily chart indicates a new target of $1.85....</p>\n\n<a href=\"https://beincrypto.com/ai-coins-fet-near-rally-amid-openai-news/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4127","symbol_name":"投资银行业与经纪业","start_time":0,"source_url":"https://beincrypto.com/ai-coins-fet-near-rally-amid-openai-news/","article_id":"2466278918","we_media_id":null,"thumbnails":["https://beincrypto.com/wp-content/uploads/2024/02/bic_Artificial-Intelligence_2-covers_neutral-850x478.jpg.optimal.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2466278918","pubTimestamp":1726138084,"sourceInfo":{"source_id":"beincrypto_highlight","name":"BE[IN]CRYPTO"},"weMediaInfo":null,"summary":"AI coins surge as OpenAI's $6.5 billion equity raise triggers market optimism for the sector's growth.FET's price has initially bounced off $1.06, and the daily chart indicates a new target of $1.85.NEAR's oversold status signals an upward trend, possibly reaching $4.80 amid increased liquidity.Artificial Intelligence  coins have notched notable jumps following reports that OpenAI wants to raise a new $6.5 billion in equity financing. In the last 24 hours, the price of Artificial Superintelligence Alliance  has increased by 10%.NEAR Protocol  is also not left out, as its price climbed nearly 6%. Will this development bring about a consistent upward trend?According to Bloomberg, OpenAI is raising $6.5 billion from investors to cement its place as one of the most valuable startups globally. The report also states that the firm, which is the brain behind the popular AI product ChatGPT, will reach a market valuation of $150 billion if it successfully closes the funding round.Following the ","collect":0,"end_time":0,"defaultTopTitle":"beincrypto.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4127":"投资银行业与经纪业","BK4179":"石油天然气设备与服务","FET":"Forum Energy Technologies","NEAR":"BlackRock Short Duration Bond ETF","RSI":"Rush Street Interactive, Inc.","BBP":"Virtus LifeSci Biotech Products ETF","BK4150":"赌场与赌博","MFI":"移动财经"},"translate_title":"OpenAI估值目标为1500亿美元，AI代币FET即将上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BBP":1,"FET":1,"MFI":1,"NEAR":1,"RSI":1},"content_text":"AI coins surge as OpenAI's $6.5 billion equity raise triggers market optimism for the sector's growth.\nFET's price has initially bounced off $1.06, and the daily chart indicates a new target of $1.85.\nNEAR's oversold status signals an upward trend, possibly reaching $4.80 amid increased liquidity.\n\nArtificial Intelligence (AI) coins have notched notable jumps following reports that OpenAI wants to raise a new $6.5 billion in equity financing. In the last 24 hours, the price of Artificial Superintelligence Alliance (FET) has increased by 10%. \nNEAR Protocol (NEAR) is also not left out, as its price climbed nearly 6%. Will this development bring about a consistent upward trend?\nFET Breaks $1.40 Barrier\nAccording to Bloomberg, OpenAI is raising $6.5 billion from investors to cement its place as one of the most valuable startups globally. The report also states that the firm, which is the brain behind the popular AI product ChatGPT, will reach a market valuation of $150 billion if it successfully closes the funding round.\n\n“The funding round is slated to be led by Thrive Capital. Microsoft Corp., the company’s largest investor, is also set to participate, and Apple Inc. and Nvidia Corp, have been in talks about investing,” the report disclosed.\n\nFollowing the development, AI coins, including FET, NEAR, and Render (RNDR), among others, registered price increases. For example, FET’s price was $1.28 on September 11. Today, the altcoin is trading at $1.42.\nOn September 7, FET’s price was on the verge of sliding below $1. However, bulls ensured that the price did not fall below $1.60 after Apple unveiled AI features on the new iPhone 16. On the daily chart, the Bull Bear Power (BBP) shows that bulls are still in control.\nRead more: 9 Best Artificial Intelligence Stocks To Buy in 2024\nFET Daily Analysis. Source: TradingView \nNegative readings of the BBP indicate selling strength and bearish dominance. However, since the indicator has clear green bars above the signal line, FET’s price might continue to increase, with a potential target close to $1.85. If bears take the lead, the AI coin might face a price decline, and FET might fall to $1.01.\nNEAR Protocol Eyes $4.80\nNEAR’s technical set is similar to FET’s, as the upswing began around the same period. Currently, the altcoin is trading at $4.15. Before that, NEAR lost nearly 30% of its value as it dropped from $5.50 to $3.50.\nA closer look at the daily NEAR/USD chart shows that the AI coin became oversold due to the earlier drawdown. This was according to the Money Flow Index (MFI), which tracks the rate of capital entering and flowing out of a cryptocurrency.\nrises above 80.00, an asset is considered overbought, while a reading below 20.00 signals it is oversold. Currently, the indicator’s rating has moved up from the oversold region, indicating more liquidity is flowing into it.\nRead more: How Will Artificial Intelligence (AI) Transform Crypto?\nNEAR Daily Analysis. Source: TradingView \nThe Relative Strength Index (RSI), which measures momentum, also supports it as it crosses above the signal line. Should these two indicators continue to rise, NEAR’s price could climb to $4.80.\nHowever, bearish pressure may cause the momentum to stall. In that case, NEAR’s price could retrace to $3.75.\n\n\n\n\nTop crypto platforms | September 2024\n\n\n\nAlgosOne\nExplore\n\n\n\n\n\n\nBYDFi\nNo KYC\n\n\n\n\n\n\nM2 Exchange\nExplore\n\n\n\n\n\n\nExodus\nExplore\n\n\n\n\n\n\nСoinex\nExplore\n\n\n\n\n\n\n\n\n\nTop crypto platforms | September 2024\n\n\nAlgosOne\n\n\n\n\n\n\n\n\nBYDFi\n\n\n\n\n\n\n\n\nM2 Exchange\n\n\n\n\n\n\n\n\nExodus\n\n\n\n\n\n\n\n\nСoinex","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.3","shortVersion":"4.28.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2466278918"}