AI Tokens Surge Over 30% as Investors Bet on Nvidia Conference Hype and Smart Money Profits

AI tokens have seen a major surge in value recently, with a portfolio of 100 tokens rising 30.7% amidst growing investor confidence.

Leading AI cryptos like Render (RNDR), Fetch.ai (FET), and SingularityNET (AGIX) are fueling a rally that has pushed the sector's market cap to $37.4 billion.

Lookonchain data shows smart money profits from Fetch.ai and 280x returns from NetMind Token (NMT) holdings.

Hype around Nvidia's upcoming conference and its 769% year-over-year rise in net income is boosting interest in AI tokens.

Some believe AI tokens are only rising due to Nvidia's stock gains, meaning they could fall if its price corrects.