Altcoin
Here’s Why AI Coins NEAR, RNDR, & Others Are Rising Today

In an unprecedented development, AI coins have seized the spotlight today, June 20, defying the broader trend. Notably, Near Protocol (NEAR), Render Network (RNDR), Fetch.ai (FET), SingularityNET (AGIX), and other AI coins’ prices have soared remarkably in the past 24 hours, coinciding with a plethora of advancements across the AI industry. These advancements encompass numerous developments by industry prominencies, including xAI, Nvidia, and Pantera Capital.
Here’s a brief report on the recent AI-related developments that most likely triggered a price upswing in AI coins.
Nvidia, xAI, & Pantera Mark Monumental Strides In AI
It’s crucial to note that NEAR price surged by nearly 5% today, RNDR by 2%, while AGIX and FET saw a significant rally of 24%-28%. Other tokens like GRT, TAO, INJ, and THETA also made gains of 3%-6%. This surge in AI coin prices is in lockstep with the attention-grabbing AI developments by xAI- Elon Musk’s AI startup, Nvidia- the GPU and AI chip manufacturing giant, and Pantera Capital- a VC and hedge fund specializing in blockchain and crypto technology.
Pantera Capital Invests $200M in AI
Amidst the recent global AI boom, the leading hedge fund in the crypto sector announced to to invest a whopping $200 million in AI. This decision comes riding on the optimistic wave of a potential intersection between the AI and the crypto sectors in the coming years.
Musk’s xAI Forges Ahead
In the interim, xAI embarked upon a couple of AI-related developments. xAI’s generative AI model Grok is tapping into Midjourney AI for image creation purposes. Additionally, a recent statement by Dell Technologies CEO Michael Dell revealed that the firm is working with Nvidia to build an AI factory that powers xAI’s Grok.
In sync with the global race for AI, these developments have further echoed optimism across the sector.
Nvidia Market Value Tops All Others
Meanwhile, Nvidia has recently secured a ranking as the most valued company with a $3.33 trillion market cap. The AI chip manufacturing giant overtook Microsoft, in turn making its CEO Jensen Huang the 11th richest person across the globe.
Nvidia’s (NVDA) share price, a stock correlated to the AI coins sector, rested at $135.58, up 3.51% in pre-market hours.
These developments collectively, underscoring AI’s burgeoning adoption and growth, have propelled a price rally in coins leveraging this tech.
Also Read: VanEck Bitcoin ETF Debuts on Australian Stock Exchange ASX, Will It Get US-Like Response?
NEAR, RNDR, AGIX, & Others Rally
According to CoinMarketCap’s data, the market cap of AI & Big Data tokens saw a notable 5.28% increase in the past 24 hours.
NEAR price rallied 5.01% to trade at $5.31.
RNDR price jumped 2.65% to $8.10.
FET price rallied by a staggering 27.95% to trade at $1.66.
AGIX price surged 24.58% to reach $0.6715.
Also read: XRP Price Forecast: Whales Shift 52M Coins Amid Price Recovery
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Gemini Crypto Exchange Announces Rewards For XRP Users, Here’s How To Get In


Gemini, the crypto exchange founded by the Winklevoss twins, is promoting its previously launched XRP cashback program, which offers crypto rewards to users. This initiative allows eligible participants to earn rewards on their XRP transactions. Here’s a look at the program details and the steps required to join.
Gemini Founder Unveils XRP Cashback Rewards
On March 27, Tyler Winklevoss reminded the XRP community and Ripple army on X (formerly Twitter) that they can earn rewards in the token whenever they use the Gemini Credit Card for purchases. The Gemini credit card, launched in partnership with Mastercard in 2021, allows users to choose cryptocurrencies from Bitcoin, Ethereum, XRP, and over 50 other digital assets for cashback.
Since adding XRP to its long portfolio of crypto cashback offerings in August 2023, Gemini has continued to support the third-largest cryptocurrency as an option for crypto enthusiasts. The Credit Card reward information announced by Winklevoss was well received by the XRP community.
He explained that the Gemini Credit Card allows users to earn crypto back each time they spend fiat. He clarified that this feature is only available to residents in the United States (US) currently. The Gemini founder also revealed that he has been using the Credit Card for years and has had a great experience accumulating significant crypto rewards from the cashback program.
Gemini’s Credit Card offers tiered cashback rates depending on the purchase categories. A 4% XRP cashback is offered on gas and EV charging, with up to $200 monthly. A 1% XRP cashback is available for fuel and EV charging after exceeding the monthly limit. Finally, a 3%, 2%, and 1% XRP cashback is provided for dining, groceries, and other purchases, respectively.
As XRP continues to push for widespread adoption, this Gemini cashback reward program strengthens its utility and encourages greater usability and investments.
Notably, Gemini isn’t the only crypto exchange embracing XRP in its rewards programs. Platforms like WhiteBIT and Bit2Me have also introduced similar programs. By offering an XRP cashback, Gemini and other crypto exchanges can make crypto more accessible, encourage faster adoption, and reinforce XRP’s role as a digital payment solution.
How To Participate In Gemini’s XRP Cashback
Gemini has specified that users interested in earning XRP rewards from Gemini’s cashback program must first qualify for the exchange’s Credit Card, which depends on their credit score. Approved applicants must secure their cards by June 30, 2025, to participate in the promotional offer.
The crypto exchange also stated that new cardholders could earn up to $200 in XRP cashback if they spend at least $3,000 within the first 90 days. Once earned, the XRP reward will be automatically deposited into their trading accounts on Gemini, enabling users to hold, trade, or sell whenever they wish. The Credit Card also comes with no extra annual, exchange, or foreign transaction fees, allowing crypto users to grow their portfolios continually.
Featured image from SCMP, chart from TradingView

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Altcoin
Ethereum Price Falls Below $1900 As Expert Blames Decline On Network Stagnation

Ethereum price has tumbled below $1,900 in a correction driven by a slew of factors. Outside of the technicals, one expert is pinning the blame on Ethereum’s failure to lead and innovate in the Web 3 space.
Ethereum Price Continues Its Steep Decline
According to CoinMarketCap data, technicals for Ethereum’s price are grim, with the second-largest cryptocurrency slipping below $1,900. At press time, Ethereum (ETH) is trading at $1,828 and shows no signs of reversing the grim trend.
A look at Ethereum’s chart does not indicate any signs of an uptrend or a short bounce to stoke embers of optimism. According to pseudonymous analyst Gum, Ethereum signals “relentless downward price action” that could see the asset fall below $1,800.
Over the last day, Ethereum has fallen by nearly 4% while its seven-day chart indicates a decline of nearly 8%. The decline of Ethereum price follows a broader market correction with the global crypto market capitalization losing nearly 3% of its valuation.
On the fundamentals side, things are equally grim for the Ethereum price. Unconfirmed reports of a potential Binance delisting ETH threaten to send Ethereum price to $1,500. Standard Chartered has slashed its ETH prediction for 2025 by 60%, projecting $4,000 as a potential price point by the end of the year.
Expert Says Network Has Itself To Blame
Ryan Watkins, co-founder at Syncracy Capital has taken swipes at Ethereum over its failure to keep pace with its peers. Watkins notes that a failure to capitalize on previous momentum during the last two market cycles is haunting Ethereum’s price.
Ethereum has fallen down the pecking order to new blockchains with Solana and Bitcoin tipped to have the upper hand over the network. An inflow of bridged funds from Ethereum to Solana is accentuating the network’s worrying metrics.
“No one wants to own a growth stage product that’s falling behind technologically superior competitors and bleeding market share,” said Watkins.
Watkins says the only for Ethereum to pull itself from the rut is to “deliver generational leadership and growth.” However, with the Pectra upgrade around the corner, enthusiasts are optimistic that Ethereum can reach $10,000. Hardcore community members are poking holes in Solana’s rise, attributing it a memecoin craze compared to Ethereum’s neck-deep foray into decentralized finance (DeFi).
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Is Burger King Teasing Crypto Launch? Decoding Their X Post

Burger King is joining ranks with other leading brands to dabble in digital assets, hinting at a coin launch. According to a post on micro-blogging platform X, the fast-food chain may be inching toward the launch of Burger Coin.
Burger King Hints At Burger Koin Launch
Global fast-food chain Burger King has hinted at the potential launch of a cryptocurrency, joining the league of brands with native digital assets. The UK arm of the fast-food chain teased Burger Koin in an X post, seeking community opinion for the coin.
“Shall we make a crypto burger coin called Burger Koin?” wrote Burger King on X.
The tweet has triggered widespread reaction across the cryptoverse, fuelling speculation for an imminent launch. Burger King’s tweet comes in the middle of a jarring market correction, with assets shedding their values.
While the tweet did not share further details, pundits are speculating over the direction of Burger Koin. A majority of analysts say Burger King’s crypto will come retrofitted with utility for holders. Burger Koin may be used for governance use cases, allowing holders to vote on new recipes while offering discounts and staking functionalities.
Since the tweet went live, several copycat tokens have garnered steam in the absence of further statements by the fast-food chain
Burger Koin May Operate As A Memecoin
Chances are that Burger King’s Burger Koin may take the form of a memecoin if the fast-food chain proceeds to launch. Pundits say that a memecoin with a streak of utility will be the best option for Burger Coin, given its vibrant community.
The recent declaration by the US SEC that memecoins are not securities may play a role in Burger King’s choice. Back in 2017, the Russian arm of the fast-food chain launched WhooperCoin as a part of a loyalty program for customers.
Burger King is no stranger to digital assets as it partnered with Robinhood to give out Dogecoin (DOGE) via sweepstakes. The fast-food chain has dabbled with NFTs after its brush with memecoins. Despite their soaring popularity Cathie Woods says memecoins will be worthless in the future since they have no intrinsic value.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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