Top 3 AI Coins to Watch This Week: Story (IP), Virtuals Protocol (VIRTUAL), and GRASS
As the first week of May unfolds, AI-focused cryptocurrencies are once again taking center stage. Story (IP), Virtuals Protocol (VIRTUAL), and GRASS have emerged as key projects to watch, each offering distinct dynamics that reflect broader trends in the crypto and AI sectors.
Story (IP): Steady Fundamentals Amid Slow Momentum
Story (IP) has recorded a modest 5% gain over the past week, trailing behind the more explosive performances of its AI counterparts. While many AI coins are surging, Story’s gradual climb suggests a slower, more deliberate build-up in investor interest.
Despite its restrained growth, Story continues to attract attention thanks to its strong foundation in decentralized content creation. Holding a market capitalization slightly above $1 billion — an important psychological benchmark — Story’s positioning could influence future market behavior.
From a technical perspective, IP is hovering close to a key support level at $3.82. A breakdown could see prices slide toward $2.97. On the flip side, if support holds and momentum strengthens, Story could aim for $4.49, with potential extensions to $5.04 and even $6.61 in a more bullish scenario.
Virtuals Protocol (VIRTUAL): Riding the AI Agent Hype Wave
Virtuals Protocol (VIRTUAL) has been the standout performer among AI tokens, soaring nearly 90% in the past seven days. The project has been a clear beneficiary of the revived excitement surrounding crypto AI agents and broader AI innovation.
This rapid rally suggests renewed market appetite for AI-focused projects and positions VIRTUAL favorably as it approaches key technical levels. Currently, VIRTUAL faces important support at $1.008; should this level falter, downside targets at $0.84 and $0.54 come into view.
However, if bullish momentum persists, VIRTUAL could rally to resistance at $1.17. A decisive break above could open the path toward $1.30, and with sustained buying pressure, even the $1.50 mark — last reached in early February — could be within reach.
GRASS: Struggling to Keep Pace
While many AI tokens enjoyed impressive rallies, GRASS remained relatively flat, posting a minimal 0.4% gain over the past week. This muted performance signals a cooling bullish sentiment, even as broader AI narratives gain traction.
That said, GRASS still shows technical signs of resilience. Its short-term exponential moving averages (EMAs) remain above long-term ones, although the narrowing gap hints at potential trend shifts ahead.
Should selling pressure increase, GRASS could test the support at $1.63, with further declines possible to $1.56 or $1.45. Conversely, a break above resistance at $1.74 could set the stage for gains toward $1.82 and $1.90.