AI cryptocurrencies such as Reploy (RAI), Alchemist AI (ALCH), and DOGEAI made significant waves in the market this week. Reploy, known for its development of large language models on Ethereum, has seen a remarkable 15% increase in value driven by a growing user base.
Alchemist AI, a no-code software development platform built on Solana, surged by 40% due to rising demand. Meanwhile, DOGEAI, which taps into various trending themes, managed a 5% gain despite facing a sharp correction recently.
Reploy (RAI)
Reploy is an Ethereum-based platform that specializes in creating large language models for diverse applications like personal chatbots, image generation, and AI assistants. The platform, integrated with 40 protocols, launched its native token RAI at the end of December 2024 to enrich its ecosystem.
With a 15% surge this week, RAI's market cap is nearing $18 million, and its trading volume has soared by 76%. The current uptrend might see RAI challenging resistance at $2.14, potentially paving the way for further gains towards $2.40 and even surpassing $3 for the first time in a month.
Alchemist AI (ALCH)
ALCH, the native token of Alchemist AI, empowers users to build software applications using natural language and simple instructions on the Solana blockchain. With a remarkable 40% increase in value this week, ALCH's market cap has reached $54 million.
If the current momentum persists, ALCH could test resistance at $0.074, potentially surging towards $0.11. However, failing to maintain the support level at $0.059 could lead to a drop towards $0.045, and a strong downtrend might push it as low as $0.021.
DOGEAI (DOGEAI)
DOGEAI cleverly leverages the popularity of Dogecoin and the attention towards the Department of Government Efficiency (DOGE) led by Elon Musk, along with the rising trend of AI-based cryptocurrencies. Describing itself as an autonomous AI agent focusing on government spending efficiencies, DOGEAI gained nearly 16% throughout the week until a correction set in on Friday.
Currently holding support around $0.040, DOGEAI faces a potential decline towards $0.026 if this level is breached. On the upside, sustained interest and buying momentum could propel DOGEAI to challenge resistance at $0.049, with a breakout potentially driving its price as high as $0.076.