Fed Boosts Crypto Buzz: Near Protocol Soars, ASI Alliance Democratizes AI, MinePro Revolutionizes Bitcoin Mining
September 7, 2024The recent announcement from the Federal Reserve has ignited renewed interest in cryptocurrencies, particularly highlighting innovative projects such as the ASI Alliance and Near Protocol.
Near Protocol has established itself as a prominent Layer-1 blockchain, boasting around 2,500 active developers and over $190 million in total value locked since its inception in 2020.
The Nightshade 2.0 upgrade has significantly enhanced Near Protocol's performance, improving transaction speeds by 400% and reducing costs for developers, which indicates strong growth potential for the $NEAR token.
Currently, the $NEAR cryptocurrency ranks as the 20th largest by market capitalization, having shown notable price gains despite a recent 17% dip.
In May, Near Protocol experienced a remarkable surge in daily transactions, reaching nearly 6 million, while the number of wallets quadrupled to over 116 million in the past year.
The ASI Alliance, formed by Fetch.ai, SingularityNET, and Ocean Protocol, aims to democratize AI technology, ensuring it is accessible and ethically utilized for all.
The alliance is focused on developing Artificial General Intelligence (AGI) that surpasses human cognitive abilities, with the ultimate goal of achieving Artificial Superintelligence (ASI).
Fetch.ai is dedicated to creating autonomous agents for complex tasks, while SingularityNET focuses on decentralized AGI, and Ocean Protocol ensures secure data exchange.
MinePro is revolutionizing Bitcoin mining by offering a tokenized experience, allowing investors to stake $MINE tokens for Bitcoin returns, thus making mining more accessible.
By leveraging tokenization, MinePro aims to simplify Bitcoin mining and make it sustainable for average investors.
The presale of $MINE tokens raised an impressive $700,000 in just one day, reflecting strong investor interest even in a declining market.
As Bitcoin continues to dominate the market, MinePro is well-positioned to benefit from the increasing interest in Bitcoin and its associated ETFs.
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The Merkle News • Sep 5, 2024
Whale Watch: AI Project Giants And MinePro’s Tokenized BTC Mining On The Rise