Nvidia’s Q4 Revenue, Earnings Beat Drives AI-Based Cryptos Higher Even As Major Coins Bleed

Artificial intelligence-related cryptocurrencies were the market’s biggest gainers on Wednesday as Nvidia Corp. (NASDAQ:NVDA) shattered its fourth-quarter revenue record.

What happened: KAITO, the native token of the AI-powered InfoFi network, soared over 40% to become the most successful cryptocurrency in the last 24 hours. 

The coin’s trading volume nearly tripled to $1.87 billion in the last 24 hours, exceeding established coins like Tron (CRYPTO: TRX), Cardano (CRYPTO: ADA), and Pepe (CRYPTO: PEPE).

IP, the native token of Layer-1 blockchain Story, rallied over 19% to generate the second-best returns. 

Launched barely two weeks ago, the coin …

Full story available on Benzinga.com

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