NVIDIA’s impressive fourth-quarter earnings report has ignited a rally in AI-focused altcoins, notably KAITO, GRASS, and Berachain. The tech giant reported a 78% year-over-year increase in revenue, reaching $39.3 billion, driven by strong demand for its Blackwell AI chips. Net income also rose by 80%, totaling $22.1 billion.
This robust performance has bolstered investor confidence in AI-related cryptocurrencies. KAITO, for instance, is currently trading at $2.21, with an intraday high of $2.91 and a low of $2.12. Despite initial selling pressure post-airdrop, where 76.7% of top claimers reduced their holdings, KAITO has shown resilience, suggesting a potential test of the $1.21 resistance level if community trust continues to improve.
Similarly, GRASS has experienced positive momentum, trading at $1.94, with an intraday high of $2.07 and a low of $1.78. Berachain (BERA) is also on an upward trajectory, currently priced at $8.23, with intraday highs of $8.25 and lows of $7.25.
NVIDIA’s CEO, Jensen Huang, highlighted the rapid adoption of the Blackwell chip, emphasizing its role in advancing AI technologies. This development has had a ripple effect on AI-centric cryptocurrencies, as investors anticipate increased integration of AI solutions across various sectors.
While NVIDIA’s stock experienced some volatility post-earnings, the overall outlook for AI-driven markets remains optimistic. The convergence of strong hardware performance and the growing interest in AI applications suggests a promising future for both traditional tech companies and emerging crypto assets in the AIspace.
