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AI crypto tokens could return to investors’ watchlists as Anthropic advances preparations for one of the largest potential technology listings on record.
The Claude developer is reportedly preparing for an IPO that could value it around $2 trillion. Reuters reported on Sept. 4 that the marketing process had shifted toward mid-October, with a possible listing before the U.S. midterm elections in November.
That listing could influence broader sentiment toward artificial intelligence investments. However, there is no direct financial connection between Anthropic and tokens such as Venice Token, NEAR Protocol, or Internet Computer.
AI Crypto Tokens Face Anthropic IPO Sentiment Catalyst
The biggest financial-related story will happen either in September or October when Anthropic, the creator of Claude, launches its IPO. Estimates are that the company will receive a valuation of over $2 trillion. This would make it the fastest company to hit that valuation since it was started a few years ago. It took decades for companies like Google and Microsoft to cross the $1 trillion valuation.
According to the Financial Times, the company has selected top names like Morgan Stanley and Goldman Sachs to lead the IPO. Before this happens, therefore, there is a likelihood that this will benefit companies and cryptocurrencies in the crypto space.
$2 Trillion Anthropic Valuation Remains a Target
There are many AI crypto projects in the industry, but Venice AI is the most notable one because it has a product that people use each day. SimilarWeb data shows that traffic to its website jumped by over 15% to over 15.3 million in July.
Venice AI runs a chatbot that allows users to search all advanced AI models like Meta, Qwen, Grok, ChatGPT, and Claude in one platform. It uses a freemium model that lets users search for free and then upgrade for a fee. It then takes a cut of these fees to burn its tokens, removing them in circulation.
Data shows that the network has continued to burn these tokens in the past few months. It burned tokens worth over $702k in August, much higher than the $445k it burned a month earlier.
Technicals suggest that the Venice Token has more gains to go in the near term. It has already jumped above the key resistance level of $14.71, its highest point on July 26. This price was the neckline of the double-bottom pattern. It remains above the 50-day moving average, suggesting more gains to $21.41.
Near Protocol
Near Protocol is another top AI crypto project that may benefit from the upcoming Anthropic IPO and its price reflects this. The token has rebounded from a low of $1.5400 in August to the current $2.28.
It has crossed the important resistance level of $2.11, its highest level in July and August this year, confirming the bullish breakout. Near has also remained above the 50-day moving average and formed an inverted head-and-shoulders pattern, a common continuation sign.
Therefore, the path of least resistance for the token is upward, with the next important target to watch being at $3.07, up by 35% from the current level.
Internet Computer (ICP)
Internet Computer, which runs Caffeine, a top vibe coding platform, is another top AI coin to buy. ICP token has rebounded in the past few weeks, and this trend may continue in the foreseeable future. It has jumped from a low of $1.9968 in July to the current $2.70.
The token has continued rising above the 50-day Exponential Moving Average (EMA), while the Average Directional Index (ADX) has soared to 27, its highest level in months. This is a sign that the upward trend is gaining momentum. Therefore, the token may continue rising as bulls target the key resistance at $3.50.
To be clear: as we saw a few months ago, these tokens rallied ahead of the SpaceX IPO, and then dropped when it happened. This is known as buying the rumor and selling the news.
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets can experience sharp price movements.
