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Crypto Artificial intelligence (AI)

As the crypto market continues to develop, 2025 is predicted to present key narratives that could change the direction of the industry. 

These are 3 Crypto Narratives That Will Boom in 2025, Take Care of It!

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These are 3 Crypto Narratives That Will Boom in 2025, Take Care of It!.webp

Nvidia's market capitalization has shot past the $3 trillion mark (around £2.3 trillion), placing the chip giant ahead of Apple as the world's second most valuable public company. The company's stock price jumped more than 5% on Wednesday, reaching more than $1,224 per share.

Nvidia Market Capitalizes More than $3 Trillion, Shifting Apple's Position as No. 1 Company 1

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- Nvidia's market capitalization has shot past the $3 trillion mark (around £2.3 trillion), placing the chip giant ahead of Apple as the world's second most valuable public company. The company's stock price jumped more than 5% on Wednesday, reaching more than $1,224 per share.

Nvidia's Incredible Growth Since Last Year

This significant increase marks the continuation of Nvidia's extraordinary growth, which began last year. The company is backed by strong investor confidence, driven by the belief that it is well positioned to ride the wave of investment in artificial intelligence (AI). Nvidia's market value now trails only Microsoft, another major player in the tech industry, buoyed by its investments in AI initiatives such as OpenAI, the creator of ChatGPT.

Stock Split Sparks Enthusiasm for Buying Nvidia Shares

Back in February, Nvidia was valued at $2 trillion. However, the announcement of a stock split last month triggered a new surge in share buying. The stock split, which will take place on Friday, will increase the number of shares tenfold while lowering the price per share. The move aims to make Nvidia shares more accessible to retail investors, which is expected to further drive demand.

Founded in 1993, Nvidia initially focused on developing graphics processing units (GPUs) for games. As time went by, the company started incorporating machine learning capabilities into its chips, positioning itself as a leader in the AI ​​sector. Nvidia CEO Jensen Huang has described the current technological shift as “the next industrial revolution,” highlighting the company's important role in the expansion of AI technology across various industries.

Q1 2024 Revenue 3x More Than Year-on-Year 2023

Nvidia's financial performance reflects its market success. The company reported revenue of $26 billion for the first quarter ended April 28, a figure that more than triples compared to the same period in 2023 and marks an 18% increase from the previous quarter.

Overall Stock Market Also Benefits from Nvidia's Achievement

The market as a whole has also benefited from the enthusiasm around AI, with the S&P 500 and Nasdaq both hitting new highs recently. Despite stagnating earlier this year, Apple shares are gaining momentum again, partly due to investor anticipation regarding their AI strategy. 

Apple shares rose 0.7%, giving the company a market capitalization of about $3 trillion, calculated by multiplying the total number of shares by the current share price.

Nvidia's impressive surge past $3 trillion in market value underscores its critical role in the booming AI sector and reflects broader market optimism about the future of AI technology.

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Graphics card giant NVIDIA (NASDAQ: NVDA) has recently released its financial results for the first quarter of fiscal year 2024, showing impressive growth across various segments. The company's revenue jumped 46% year over year to $26.9 billion, driven by strong demand for its data center and gaming GPUs. Net income also soared 128% to $8.1 billion, or $2.55 per diluted share. 

NVIDIA's Q1 Fiscal 2024 Financial Results Signal Rapidly Growing AI and Crypto Sectors

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- Graphics card giant NVIDIA (NASDAQ: NVDA) has recently released its financial results for the first quarter of fiscal year 2024, showing impressive growth across various segments. The company's revenue jumped 46% year over year to $26.9 billion, driven by strong demand for its data center and gaming GPUs. Net income also soared 128% to $8.1 billion, or $2.55 per diluted share. 

Data Center Domination: Soaring Demand for Nvidia GPUs 

NVIDIA's data center business stands out as a key contributor to its overall growth. Revenue from the data center segment jumped 80% to a stunning $18.4 billion, underscoring the huge demand for NVIDIA's A100 and A300 GPUs. These powerful GPUs are critical for a variety of AI applications, including machine learning, high-performance computing, and artificial intelligence.

Gaming Segment Growth: GeFroce RTX 30 Series Selling Well in the Market

The gaming segment also played a significant role in NVIDIA's success, with revenue increasing 27% to $8.5 billion. This growth is largely attributed to the continued popularity of NVIDIA's GeForce RTX 30 series GPUs, which are widely recognized as the leading gaming GPUs on the market.

Positive Analyst Sentiment on Nvidia's Performance

Analysts have reacted positively to NVIDIA's financial performance. Matt Bryson of Wedbush Securities summarized the general sentiment, noting, “NVIDIA is firing on all cylinders.” The consensus is that NVIDIA's strong growth trajectory will continue in the coming quarters, supported by its dominance in both the data center and gaming markets.

Impact of Nvidia's Success for AI-Based Crypto Projects

NVIDIA's strong financial results have significant implications for AI-based crypto projects. The substantial growth in the data center segment indicates a surge in AI investment, which will likely lead to increased interest and funding for AI-focused crypto projects. This creates a favorable environment for their development and adoption.

NVIDIA's Advanced GPUs Revolutionize the AI ​​Sector 

By enabling AI models to operate with unprecedented speed and efficiency. These technological advances can greatly improve the performance and scalability of AI crypto projects, pushing them to new heights.

NVIDIA's leading position in the AI ​​ecosystem presents numerous collaboration opportunities for AI crypto projects. By partnering with NVIDIA, these projects can access invaluable resources, expertise and market reach, accelerating their progress and expanding their impact.

Crypto Assets Feeling the Success of NVIDIA 

Several AI cryptocurrencies listed on Binance stand to benefit from NVIDIA's financial performance:

Highlighting a Promising Future for AI Crypto Projects

The combination of increasing AI investment, AI hardware, and growing collaboration opportunities means that these projects are well positioned for exponential growth and widespread adoption in the next few years. As the AI ​​and crypto sectors continue to develop, NVIDIA's role as a key player will likely drive significant progress and innovation.

Worldcoin (WLD) is showing positive momentum on both the daily and four-hour charts, hinting at a potential breakout. Ahead of Apple's WWDC 2024, the digital identity platform token co-founded by OpenAI's Sam Altman, is set to capitalize on advances in AI and technology, such as OpenAI's leading models and Nvidia's revenue.

Worldcoin Price Increases Over 27% Ahead of WWDC Apple 10 June

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- Worldcoin (WLD) is showing positive momentum on both the daily and four-hour charts, hinting at a potential breakout. Ahead of Apple's WWDC 2024, the digital identity platform token co-founded by OpenAI's Sam Altman, is set to capitalize on advances in AI and technology, such as OpenAI's leading models and Nvidia's revenue.

On the daily chart, Worldcoin formed a bullish double bottom pattern, characterized by two distinct V-shaped reversal zones. The first bottom was observed on April 14 and the second on May 27. 

Once WLD breaks the $6.39 resistance (around Rp. 103,878,750.00) and establishes it as support, the double-bottom pattern will be confirmed. This confirmation could signal a potential 35% increase, with a target of $8.84 (around IDR 143,610,000.00).

To calculate the price objective, we add the depth of the initial swing low (35%) to the breakout point at $6.39. If the Relative Strength Index (RSI) rises above 50 or retests it from a strength point, and if the Awesome Oscillator (AO) moves above 0, this would indicate strong bullish momentum, making a target of $8.84 more reasonable. However, a more conservative target could be $7.82 (approximately IDR 127,045,000.00), which marks the midpoint of the initial 65% decline that formed the first bottom.

On the four-hour chart, Worldcoin has established a triple tap setup, a pattern that typically includes three swing lows with the middle swing lower than the other two. 

If WLD breaks above $5.08 (around Rp. 82,570,000.00), it could trigger a 16% rise to $5.95 (around Rp. 96,712,500.00), which is the first target. 

Beyond this level, WLD could revisit the daily resistance of $6.39, representing a rise of around 30% from the $5.00 mark (around IDR 81,250,000.00).

Worldcoin Price Indicators and Potential Risks

Both momentum indicators, RSI and AO, show positive trends, reinforcing the bullish view. 

However, if the Worldcoin price falls below $4.59 (around IDR 74,597,500.00), it would derail the bullish scenario, potentially leading to a 9% drop to around $4.20 (around IDR 68,250,000.00).

Conclusion: Resistance is at $6.39 or IDR 103,536.53

With Worldcoin poised for a breakout and Apple's WWDC on the horizon, the crypto market is abuzz with anticipation. Positive momentum indicators and strategic price levels suggest that WLD could see significant gains. Traders and investors should pay close attention to the $6.39 or 103,536.53 resistance levels for signs of a confirmed breakout, while also being alert to downside risks if the price falls below the key support level.

Artificial intelligence, imitation intelligence, or imitation intelligence (English: artificial intelligence, AI) is intelligence added to a system that can be managed in a scientific context, AI is also defined as the intelligence of a scientific entity.