AI crypto are back as Akash Network (AKT) jumped 24% yesterday, hitting $1.80 before returning to $1.55. Over the past week, AKT crypto gained more than 13% and over 100% in 30 days.
Although it still trades well below its April 2024 all-time high of $7.10, the chart suggests AKT may have found its bottom. The recovery looks steady and backed by strong fundamentals. Akash offers decentralized cloud computing using blockchain. Many call it the “Airbnb of cloud” because it connects users to cheaper computing power for AI and Web3 needs.
The recent price surge follows increased adoption and a $27 million deal with NxtGen to provide Nvidia H100 GPUs, which came in December 2024. Compared to major providers, Akash slashes cloud costs by up to 90%. That cost advantage strengthens its appeal in a growing AI market. Users can use AKT for payments, staking, and governance. Its flexible, scalable design makes it ideal for developers and AI projects.
These features help position Akash as a top choice for decentralized AI hosting. But AKT is still far from its old highs.
AKT Crypto And TAO (Bittensor) Surge Over 100% In The Last 30 Days – Best AI To Buy?
(TAOUSDT)
Meanwhile, Bittensor (TAO), another decentralized AI-focused project, has seen its native token gain traction.
Similarly to AKT, TAO has increased by over 120% in the last 30 days. This rise is partly due to unconfirmed rumors of Grayscale registering a new trust tracking TAO, which could signal institutional interest. TAO’s ecosystem rewards contributors for machine learning work, making it a compelling player in the AI-blockchain space.
Given the broader trend of AI-related tokens gaining momentum, TAO could be next for a price pump, especially if the Grayscale rumor is confirmed.
Not only that. TAO chart looks objectively better. TAO is trading around $371, showing signs of short-term consolidation after a strong bounce from the $195–$200 support zone in early April. That area acted as a clear bottom after several retests and a strong reversal.
Since then, the price surged past the $310 resistance, which is now acting as support. However, TAO struggles to reclaim the $370-$380 level, a key horizontal resistance and psychological barrier.
The 200-day moving average (around $414) sits slightly above the current price, acting as dynamic resistance. A clean breakout above $380 and the 200-day MA could open the door to a push toward $500 or higher.
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(TAOUSDT)
The upcoming Federal Open Market Committee (FOMC) meeting on May 7 is poised to influence crypto market dynamics. While the Federal Reserve is widely expected to maintain interest rates between 4.25% and 4.50%, investors are keenly awaiting indications of a dovish shift. Historically, lower interest rates have bolstered risk assets like crypto by increasing liquidity and reducing the opportunity cost of holding non-yielding assets.
In this context, AI-focused tokens such as AKT and TAO could experience heightened volatility and potential upside, especially if the Fed signals future rate cuts. The intersection of macroeconomic policy and burgeoning interest in AI-driven blockchain projects continues to shape the evolving landscape of digital assets.
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MIND of Pepe: The AI Agent That Could Follow AKT and TAO’s Breakout Path
Interest in AI crypto projects is rising again. Akash Network (AKT) has rallied more than 100% in the past month. Bittensor (TAO) is up over 120% in the same period. Both projects show how AI-focused tokens are gaining traction as traders look for the next big thing in crypto. That “next” could be Mind of Pepe, MIND.
This new Ethereum-based project combines meme culture with a real AI-powered agent. Set to launch its AI agent on May 10, the MIND token will follow later with its exchange listing. The timing is key. With renewed momentum in the AI sector and traders hunting for utility-backed tokens, MIND of Pepe enters the scene as a ready-to-deploy tool, not just a concept.
The AI behind MIND of Pepe can track sentiment across social media, monitor on-chain transactions, and interact directly with dApps. Pre-set scripts or reaction-only triggers don’t bind it. It can spot new opportunities, initiate actions, and even help launch tokens in real time.
At its core, the project uses a large, fine-tuned language model trained to understand crypto culture. With semantic vector search and Retrieval-Augmented Generation (RAG), it can access live data to make informed decisions. Its persistent memory also helps detect patterns that repeat over time.
The MIND presale has already raised over $8.7 million. One whale recently bought 33 million tokens in a single transaction. This could be considered a sign of high conviction. Presale buyers get early access to the AI agent, which could give them a first-mover advantage as the tool begins scanning the market for opportunities. In this phase of the presale, MIND is priced at $0.0037515.
Early investors can stake their tokens and earn up to 260% APY, depending on how early they enter. The presale ends in 25 days, and once the token hits exchanges, access to the agent could become more competitive.
MIND may not carry the name recognition of AKT or TAO, yet. But that could soon change with the agent’s launch around the corner.
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Key Takeaways
- AKT surged 100% in 30 days, driven by adoption, GPU partnerships, and its cost-effective AI cloud services.
- TAO (Bittensor) gained 120%, possibly fueled by rumors of Grayscale launching a trust, signaling potential institutional interest. Could it break resistance here?
- AI narrative is returning, with decentralized platforms like AKT and TAO leading the way amid growing market interest.
- MIND of Pepe introduces an autonomous AI trading agent, aiming to give early users actionable insights before its exchange debut.
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