• ANKR’s intraday high of $0.0569 was reached on Thursday amid news about an AI conference.
• The CEO and CTO of Ankr will be in Silicon Valley in March for the NVIDIA GTC 2024 conference.
• Unlike the meme currency craze, the AI wave is far from over, with ten days left before the Conference.

Those interested in AI cryptocurrency coins should attend the NVIDIA GTC24 Conference, which Nvidia will hold in Silicon Valley from March 18–21. This will be the company’s largest Conference to date.

Executives from Ankr will attend the NVIDIA 2024 GTC Conference.

According to a Web3 data analysis tool report, Chandler Song, the CEO and CTO of Ankr, and Stanley Wu, a cryptocurrency executive, will attend the Nvidia conference in Silicon Valley. The article claims that after hearing this news, the price of ANKR shot up 40%.

As of this writing, traders continue to make profits as they try to profit from the 40% surge in the price of ANKR, which is currently trading at $0.0501. The Relative Strength Index (RSI), a measure of increasing momentum, is growing; thus, there is still room for upward possibilities.

Additionally, the volume indicator has a noticeable green candlestick, indicating that the intermediate trend is still strengthening.

The AI conference is about two weeks away, so the price of ANKR might make up some of the lost territory. It might surpass the $0.0588 top and reach the psychological $0.0600 mark.

On the other hand, improved profit booking would cause the price of ANKR to continue falling, possibly testing the psychological threshold of $0.0303.

That being said, the story of AI is ongoing, as evidenced by the continued strength of sector tokens like Render (RNDR) and Fetch.ai (FET). Nevertheless, this is not true for the meme coin group, which still features load-shedding for Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and Bonk Inu (BONK).