ANKR price soars 40% over reports of Ankr execs to attend NVIDIA GTC 2024 Conference, AI narrative still on

ANKR experienced a significant surge in price, jumping 40% after reports emerged that Ankr CEO Chandler Song and CTO Stanley Wu would be attending the NVIDIA GTC 2024 Conference in Silicon Valley. The conference, scheduled for March, is expected to be the largest one ever held by Nvidia. The news has captivated AI cryptocurrency enthusiasts, who remain focused on the event and the potential opportunities it may bring. Despite a slight pullback in price due to profit-taking, ANKR still has upside potential as indicated by the rising Relative Strength Index (RSI) and the volume indicator showing a strong trend. There is a possibility of ANKR recovering lost ground and hitting the $0.0600 psychological level. However, profit booking could also lead to a further decline, potentially testing the $0.0300 psychological level. While ANKR remains bullish thanks to the AI narrative, other digital assets in the meme coin cohort, such as Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and Bonk Inu (BONK), have experienced a downturn. In contrast, tokens like Render (RNDR) and Fetch.ai (FET) have managed to maintain their previous gains.