Top 3 Artificial Intelligence (AI) Coins of the Second Week of December 2024

This week’s top-performing AI coins with a market cap above $100 million include ParallelAI (PAI), VIRTUAL Protocol (VIRTUAL), and TARS Protocol (TAI). ParallelAI gained 35% over the last seven days, driven by its advanced parallel processing platform, while its market cap now stands at $325 million.

VIRTUAL Protocol, the leading decentralized platform for AI personas, surged 27% this week and over 500% in the last month, boasting a market cap of $450 million. Meanwhile, TARS Protocol, focusing on modular AI and Web3 infrastructure, saw a 26% weekly gain and surpassed a $200 million market cap, solidifying its position within the Solana ecosystem.

ParallelAI (PAI)

ParallelAI (PAI) is an artificial intelligence computing platform designed to handle complex tasks efficiently. It uses parallel processing with multiple CPUs and GPUs to boost performance and speed.

This week, PAI reached a new all-time high, climbing 35% in just seven days.

PAI Price Analysis. Source: TradingView

Its RSI stands at 62, down from over 70 yesterday, indicating the recent rally has cooled slightly. If the positive momentum continues, PAI may break above $1.20 and even approach $1.50.

On the downside, strong support lies at $0.81, but a break below that could see it drop as low as $0.53. That would mark a potential 47% correction for the AI coin.

Virtual Protocol (VIRTUAL)

VIRTUAL Protocol is a decentralized platform that powers the creation and monetization of artificial intelligence personas for virtual spaces like games and metaverses.

It has emerged as the leading platform for AI crypto agents, gaining considerable traction in recent weeks. Last week, it surpassed other AI coins in market capitalization, overtaking competitors such as AKASH, GRASS, and AIOZ.

VIRTUAL Price Analysis. Source: TradingView

Built on the Base ecosystem, VIRTUAL has surged nearly 27% in the past seven days and over 500% in the last 30 days, hitting a new all-time high on December 13.

If the current momentum persists, it could climb to $3 by the end of December, offering a 30% upside. On the downside, if interest in crypto AI agents fades, VIRTUAL might test strong support at $1.99, with a potential drop to $1.35 if that level breaks.

TARS Protocol (TAI)

TARS Protocol is a modular infrastructure platform that bridges artificial intelligence and Web3 technologies. Designed for AI and Blockchain-as-a-Service projects, it simplifies the transition from Web2 to Web3 with a suite of tools and services.

Recently, TARS crossed a $200 million market cap and hit an all-time high. It’s currently one of the leading AI coins in the Solana ecosystem.

TAI Price Analysis. Source: TradingView

Its price jumped over 26% in the past seven days and over 230% in the last 30 days. If the uptrend continues, TARS could break above $0.50 and potentially reach $0.75 or even $1 soon.

On the downside, a correction could push it toward $0.42, with a further drop to $0.31 if that support fails.

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