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. 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 TRX/USD, Cardano ADA/USD, and Pepe PEPE/USD. 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 has accumulated a market capitalization of over $1 billion and has been up a whopping 569% since its debut. The blockchain project helps creators register, license, and monetize their intellectual property assets in an AI-driven world. See Also: GameStop-Themed Cryptos Soar After Vivek Ramaswamy Co-Founded Firm’s CEO Urges Bitcoin Investment: Graduate From Being ‘Meme Stock’ To Sector Leader AI16Z, the token associated with ai16z—a venture capital firm led by Al agents—gained 15% on the day. The overall market valuation of AI tokens rose by 1.8% in the last 24 hours, according to CoinGecko. CryptocurrencyGains +/-Price (Recorded at 11:00 p.m. ET)KAITO (KAITO)+40.37%$2.44Story (IP)+19.08%$6.65ai16z (AI16Z)+15.13%$0.3723Why It Matters: The spike came after Nvidia reported record fourth-quarter and full-year fiscal revenue after Wednesday’s market close. The quarterly revenue and earnings exceeded analysts' expectations. That said, shares of the chip-making giant were down 1,49% in after-hours trading, indicating that investors' lofty expectations were not met. The surge defied the broader downturn in the market, with Bitcoin BTC/USD slipping below $83,000 for the first time in 15 weeks. Price Action: Shares of NVDA closed 3.67% higher at $131.28 during Wednesday's regular session, according to data from Benzinga Pro. Image via Shutterstock Read Next: Bybit Hacker Launders Nearly 30% Of Hacked $1.4 Billion ETH In 5 Days — Needs Only 8-10 Days To Finish The Job Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.