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AI-Powered Altcoins Gear Up for Potential Breakout: $TAO, $RENDER, and $FET at Key Levels

Irene Mukiri by Irene Mukiri
May 6, 2025
in Altcoins News, Market, News
Reading Time: 4 mins read
AI-Powered Altcoins Gear Up for Potential Breakout $TAO, $RENDER, and $FET at Key Levels
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  • Bittensor’s breakout potential hinges on a 20% move to flip resistance into support.
  • Render Network eyes a $5 breakout as GPU demand grows in AI and digital graphics.
  • FET targets a $1 breakout amid strong investor interest in AI-focused crypto assets.

As artificial intelligence continues to dominate global tech discussions, its impact on crypto is beginning to show renewed strength. AI-related altcoins have emerged as key drivers of innovation, especially as traditional markets prepare for possible shifts like U.S. Federal Reserve rate cuts. 

The crypto market has already seen a wave of bullish momentum, with many AI tokens posting impressive gains over the past month. Now, a trio of AI-focused projects Bittensor ($TAO), Render Network ($RENDER), and Artificial Superintelligence Alliance ($FET) are nearing significant price levels that could define the next phase of their rallies.

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These assets are more than speculative plays; they represent key infrastructure for the growing intersection of AI and blockchain technology. As investor attention swings back to narrative-driven sectors, these three projects are laying the groundwork for another potential breakout.

AI WILL BE GREAT AGAIN 🤖

When that happens, there will be signs.

These 3 Altcoins lay the foundation for AI pumps in crypto :

➠ $TAO ( @opentensor )
➠ $RENDER ( @rendernetwork )
➠ $FET ( @ASI_Alliance )

Right now they are at crucial levels on their weekly charts.

I will… pic.twitter.com/50ungxRYg7

— Our Crypto Talk (@ourcryptotalk) May 6, 2025

Key AI Tokens Near Crucial Price Levels

Bittensor (TAO) continues to attract attention with its decentralized machine learning network. Its price has climbed from around $360 recently and as of press time sits at $367.46. 

Although the weekly chart still shows resistance, a 20% move from here could flip that resistance into solid support. With a circulating supply of 8.7 million TAO, the project’s market cap stands at over $3.2 billion.

Render Network (RENDER), which focuses on decentralized GPU rendering, trades at $4.24. Despite a 5.77% pullback over the past week, the asset remains in a broader uptrend. 

A break above the $5 level could act as a signal for further momentum. This is especially critical given the token’s $2.2 billion market cap and growing adoption in digital graphics and AI rendering.

Meanwhile, $FET, now part of the Artificial Superintelligence Alliance, trades at $0.6588. It has declined more than 10% over the past week but still holds a strong long-term outlook. A decisive move above the $1 mark would be a key bullish signal. With a circulating supply of 2.6 billion tokens, FET currently has a market cap of $1.71 billion.

Positive Sentiment and Macro Tailwinds Could Fuel Next AI Rally

Over the past month, all three tokens have gained over 50% before their recent pullbacks. This signals growing investor interest in AI narratives. Additionally, anticipation of potential Fed rate cuts either this month or the next may further drive capital into high-growth sectors like AI.

Tags: Altcoin NewsMarket News

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