News View Non-AMP

AI-Altcoins Poised 50x Rally as Meme Coin Craze Cools Down

Published by
Zameer Attar

AI coins are doing 10X here and there, and many people are flexing their 20% or 60% pump. In the current cryptocurrency scenario, Bitcoin’s recent calmness has allowed altcoins to reclaim their upward momentum. Among them, AI-based tokens are stealing the spotlight with their impressive comebacks. Take Sleepless AI, for instance, which has skyrocketed nearly 50% in just under 36 hours, leaving investors excited.

As Bitcoin’s rally took center stage last week, AI coins took a backseat amid a phase of consolidation. Meme coins like Pepe Coin and Dogwifhat stole the spotlight, drawing attention away from AI tokens. But now, with Bitcoin’s momentum slowing down, interest is swinging back to AI projects. This shift in market sentiment suggests a possible comeback for AI-based ventures. One of the hot AI Coin is Sleepless AI. Here’s why? 

Sleepless AI Rally Hype or Real?

Despite the recent market turbulence and volatility triggered by Bitcoin’s fluctuations, AI coins have not only managed to recover from their losses but have also surpassed their pre-crash levels. Sleepless AI’s notable rally serves as a testament to this trend, suggesting a bullish outlook for AI tokens collectively.

Taking a closer look at Sleepless AI’s price action, its breakout from a consolidation phase on March 6 resulted in a significant uptick. Currently trading around $2.13, the token may experience a pullback to a stable support level of around $1.94, presenting a potential entry point for investors seeking to capitalize on the anticipated rebound.

Technical indicators, such as the 12-hour Relative Strength Index (RSI) and the Awesome Oscillator, are signaling an uptick in bullish momentum, further bolstering the case for a bounce following the expected pullback.

However, it’s essential to acknowledge the potential risks associated with Sleepless AI’s bullish outlook. Continued downward pressure on Bitcoin’s price could undermine the bullish sentiment, potentially invalidating the thesis. In such a scenario, a breach of the $1.42 support level could trigger a significant downturn, with the next key support level lying at $1.26.

AI’s Stellar Year

In 2024, AI coins have emerged as top performers in the crypto market, as highlighted by entrepreneur and Bitcoin investor Lark Davis. Tokens like Worldcoin, Fetch.AI, and SingularityNET have witnessed significant surges in value, driving the overall bullish trend in the AI-based coin market. Other AI coins like Balance AI, Octavia, and Chacedot have also experienced notable gains.

The rise in AI coins is fueled by the launch of OpenAI’s Sora and announcements of a $7 trillion-dollar raise by Sam Altman. Additionally, NVIDIA’s strong earnings, contributing to AI development through chip production, have positively influenced the AI crypto market. The total market cap of AI coins sits at $23B.

What is your AI pick?

Zameer Attar

Zameer is a financial analyst and writer with a particular interest in cryptocurrency markets. He has been studying cryptocurrencies and their market behavior for several years and deeply understands the factors that affect the price of cryptocurrencies. His expertise lies in his ability to use both technical and fundamental analysis to make informed predictions about the future direction of cryptocurrency prices. He has a strong understanding of market sentiment and uses this to inform his trading decisions and price predictions.

Recent Posts

Ripple Price Prediction as XRP ETF Approval Odds Near 100%

XRP is once again making headlines as the odds of a Spot XRP ETF approval…

July 6, 2025

Best Memecoin To Buy Now? Pepeto Could Mirror Doge and SHIB Past Price Rallies

The memecoin world is going through a big transformation. Where tokens once thrived purely on…

July 5, 2025

These 4 Meme Coins Could 20x in 2025 as Spot Dogecoin ETF Nears SEC Approval

The meme coin market is heating up like never before—and 2025 might just be the…

July 5, 2025

Liked by Investors: This $0.03 Coin Has the Same Upside Potential as XRP (XRP) in Early Days

Years ago, XRP traded under a penny, shrugged off by many who didn’t fully grasp…

July 5, 2025

Why Remittix’s Unique PayFi Offering Has Cardano & XRP Whales Circling After $15 Million Is Raised!

Remittix is quickly gaining ground as a serious crypto player, especially after raising over $15.9…

July 5, 2025

XRP’s Tight Range Signals Imminent Move–Experts Predict Major Breakout

XRP is standing out with exceptional strength amid broader volatility in the crypto market. Analysts…

July 5, 2025