Apple AI Push With iPhone 16 Launch Can Revive AI Coin Rally Next Week

The iPhone 16 new model launch next week could be the biggest reason behind the next AI coin rally in the cryptocurrency market. Apple AI-related features that are likely to go live, including its generative AI platform, Apple Intelligence, will be unveiled during the release on Monday.

In this regard, some analysts predict that Apple’s venture into AI could become generative for the future of generative AI. This could prove to be positive for AI coins which have been under selling pressure recently due to a rut in Nvidia stock.

Apple plans to release the iPhone 16 on Monday and aims to make a massive leap to generative AI by offering it to consumers of its iPhone, iPad, and Mac products. The Apple AI push could trigger an AI event in the crypto market next week after recent selling pressure.

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Will Apple AI Be A Game Changer?

Apple iPhone sales were declining in the last two quarters and today could be the day that Apple announces its large-scale foray into generative AI. This tech giant is eyeing some big plays by adding Apple Intelligence to its products and challenging other companies such as Microsoft and Google for this market.

In June during the WWDC conference, Apple teased Apple Intelligence which resulted in the AAPL stock jumping by 15%. Apple is now branding the new iPhone with Apple AI or Apple Intelligence with some analysts expecting that its integration would make iPhone exclusive and sell even more of its new gadgets.

In other words, Apple’s AI push could be not just the sign of a newfound major market for AI-generated technologies — it is a turning point for generative AI. In a note to investors, Morgan Stanley analyst Erik Woodring wrote: In a note to investors, Morgan Stanley analyst Erik Woodring wrote:

Nvidia shares plunged by 15% last week, causing selling pressure in the AI coins. Yet, Apple’s last such announcement on Monday could prompt a sharp revival next week.

AI Coins Rally Likely Next Week?

Apple is expected to exert pressure on all its software products through its AI push, which includes summarizing text message threads, enhancing Siri’s experience, identifying priority mail in the mail app, and much more.

Top AI coins have experienced significant popularity in the last year with the leading AI coins including Near Protocol (NEAR), Injective Protocol (INJ), and Fetch. ai, Fundamental Evolution Trader (FET), and all others alike exhibiting 100 to 350% on the yearly chart, let alone the real-time result.

As top tech giants prepare to take on the fight at the AI frontier, the market share of AI coin will see incremental growth in the future. On the other hand, market analysts are also noticing a slight rebound in Nvidia as the share price decrease has decreased by 25% in the last one and a half months only.