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Cryptocurrency News Articles
Aethir (ATH) Price Prediction: Will the Aethir Crypto Coin Continue Its Intriguing Rally?
May 16, 2025 at 08:04 am
Since the start of May, the Aethir crypto coin has been on an intriguing rally, and not many seem to be noticing. It has pumped over 100%
Aethir crypto coin has been seen having an intriguing rally since the start of May, and not many seem to be noticing. It has pumped over 100% since the start of the month, and experts expect it to do even better.
Aethir is up 90% days over the last 30D
Will $ATH see another ATH? pic.twitter.com/JY1leGzplC
— JPEG Yakuza (@JPEG_Yakuza_) May 15, 2025
Along with the market pumping, can Aethir finally reach its potential?
Aethir Crypto: The Rise, Fall, and Future of a Decentralized GPU Network
Aethir crypto is a decentralized, real-time rendering network unlocking content accessibility in the Metaverse and offering GPU and AI solutions. At the time of launch, Aethir was expected to be the next giant in its sector, next to Render and Akash Network.
At that time, the demand for GPU solutions was at an all-time high, and the crypto market was booming. Aethir raised funds through fundraising rounds and sold its GPU nodes.
Raising rounds included Hashkey Capital, Merit Circle, Animoca Brands, and many more. The company successfully raised 9M at a valuation of 150M. Also managed to sell GPU nodes at a price range of $441 – $12,635 and raised $146.66M.
Everything was aligning, and the coin price of $AETHIR hit an all-time high of $0.12 with a market cap of 1B. Later, it struggled alongside the market and the dying hype of AI and GPU, dropping to as low as $0.02, with a market cap of 220M.
Can Aethir Finally Make a Comeback?
(ATHUSDT)
Since the start of the month, Aethir has quietly broken out of its long-term resistance and pumped to a 500M market cap. As market sentiment changed to positive, there was a notable increase in Aethir trading volume. Being on many big central exchanges like Coinbase and Bybit also played a role in attracting investors.
And of course, one of the biggest reasons is Aethir fundamentals itself. Aethir has over 428,582 top-tier GPUs, which are secured by over 91,000 community-owned Checker Nodes. They recently announced the Checker Node Buyback Program, which gives Checker Node NFT holders an option to sell back their NFTs to the Aethir Foundation.
Everything looks wonderful, right? No. RSI suggests that it has hit an overbought condition, and there is a possibility for a decent correction in the short term. But as long as fundamentals keep improving and market sentiment is positive, Aethir will be a decent investment.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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