Tars AI Price Soars 36% Following Entry Into NVIDIA Developer Program – Is $0.3 the Next Target?
Highlights:
- Tars AI price soars 36% to trade at $0.1892 as market activities increase.
- Tars AI uptick follows the project’s entry into the NVIDIA Developer Program.
- TAI price shows robust bullish momentum, indicating further upside in the token.
Tars AI price is winning on the charts today, boasting a 36% increase in the past 24 hours to trade at $0.1893. Its daily trading volume, which has surged by 86% to 22.49 million, shows heightened market activity. The market cap is also breaking records, skyrocketing 36% to $102.86 million, indicating renewed interest in the token. TAI is now up 3% in the past week, 65% in a month, and 266% in a year.
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What’s Behind Tars AI Price Rally?
The recent Tars AI uptick follows the project’s entry into the NVIDIA Developer Program, which unlocks access to 150 advanced SDKs to supercharge development. This milestone strengthens TARS’ mission to build the leading native AI ecosystem on Solana, leveraging NVIDIA’s tools to enhance AI performance, scalability, and innovation across the platform.
TARS AI has officially joined the NVIDIA Developer Program (@nvidiadeveloper) —unlocking access to 150 advanced SDKs to supercharge development.
This milestone strengthens TARS’ mission to build the leading native AI ecosystem on Solana, leveraging NVIDIA’s tools to enhance AI… pic.twitter.com/fSbIW1zltD
— TARS AI 🤖 (@tarsprotocol) November 21, 2024
Additionally, with the growing community of over 30,000 holders, TAI is steadily gaining momentum. This reflects the rising adoption of the TARS AI vision to lead AI innovation in Solana. Each holder strengthens the foundation of a thriving ecosystem built for long-term growth and real impact, further boosting its appeal.
30,000+ $TAI holders, another major milestone for TARS AI!
This growing community reflects the rising adoption of TARS' vision to lead AI innovation on Solana.
Each holder strengthens the foundation of a thriving ecosystem built for long-term growth and real impact.
The… pic.twitter.com/Io8B3G1zhh
— TARS AI 🤖 (@tarsprotocol) November 22, 2024
TAI Statistical Data
Based on CoinmarketCap data:
- TAI price now – $0.1892
- Trading volume (24h) – $22.49 million
- Market cap – $102.86 million
- Total supply – 1000 million
- Circulating supply – 543.38 million
- TAI ranking – #427
As Bitcoin has surged past $98K, altcoins are showing renewed strength, with Ethereum, Solana, and XRP rallying 4%,7%, and 31%, respectively. You might have missed it, but AI projects are teaming up with top-tier companies like TAI, showing robust positive momentum in the market.
The Tars AI has formed a rounding bottom technical pattern indicating potential further upside. TARS AI has been following the market trend, and considering its current momentum, it is expected to break above $0.20. At the time of writing, the TAI price has created strong support at $0.1573, while its immediate resistance is at $0.1972. A breakout above this level will increase the likelihood of TAI breaking above $0.20.
Technical Indicators Show Strong Bullish Momentum
The 50-day SMA is increasing and continues to confirm that the trend has become short-term bullish. It’s crossed above the 200-day SMA, a compelling signal that the token could continue higher. The short-term (50-day) cross above the long-term (200-day) indicates a Golden Cross, which signals a long-term bullish sentiment in the Tars AI market.
The RSI has notably climbed from the 50-mean level jumping to the 74.26 strength level, tilting the odds towards the buyers. However, a retracement is likely in the market, allowing TAI Coin to sweep through more liquidity as already sidelined investors rush to buy lower-priced tokens.
Meanwhile, traders are at liberty to hold their long positions in TAI intact, bolstered by the bullish outlook from the Moving Average Convergence Divergence (MACD) indicator. A buy signal validates the rally with the blue MACD line stepping above the orange signal line.
How High Can Tars AI Price Reach?
Tars AI could probably be one of the best low caps in the crypto market. If you want AI exposure and, at the same time, exposure to the Solana ecosystem, look no further than this project. It is directly backed by the Solana Foundation and recently entered the Nvidia developer program. This project development could see the price pump reaching $0.2 or beyond $0.3 in the short term.
On the other hand, it is prudent to watch out for a retracement and evade the bull trap carefully. This is evident as the RSI roams around the overbought zones, culminating in a slight correction. In such a case, the Tars AI price could fall, chasing the $0.18 support level.
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Emmaculate Araka
Emmaculate Araka is a cryptocurrency writer with published works on Crypto2Community and other news sources. She is believer in the transformative power of crypto and the blockchain industry, conducting on-chain analysis, breaking down market-triggering events, and helping traders and investors benefit from expert technical price analysis. Emmaculate finds gratification in diving deep into the crypto space, earning herself significant knowledge and experience. She holds a Bsc. in Information Science, and outside work, Emmaculate loves reading novels and watching documentaries.
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