NVIDIA, a leading GPU technology company, will release its Q3 earnings on November 20, 2024. The announcement is anticipated to influence AI-themed cryptocurrencies.
Render is a notable AI coin and GPU compute platform. Despite recent rallying, its price dropped after previous earnings reports. However, current bullish indicators suggest potential price increases contingent on NVIDIA's results.
Grass, a Decentralized Physical Infrastructure Network project, is another AI coin to watch. Its recent launch has attracted market interest, though its price has seen a downturn. Indicators suggest potential price rises if market interest increases.
PAAL AI, built on Ethereum, experienced a recent price increase amid demand. However, it remains below key moving averages, indicating struggles in maintaining upward momentum. Changes in buying pressure or NVIDIA's performance could influence its price direction.
Source: beincrypto.com ↗