Instant Pot Chicken Parmesan Meatballs

Name: Instant Pot Chicken Parmesan Meatballs
Ingredients: 1 large egg; 2 cups shredded mozzarella cheese (8 ounces); 1/2 cup grated Parmesan cheese (2 ounces); 1/2 cup crushed pork rinds or almond meal; 2 tablespoons chopped fresh basil, plus 1/4 cup thinly sliced fresh basil for garnish; 2 cloves garlic, minced; 1 1/2 pounds ground chicken; 4 tablespoons olive oil, divided; 1 tablespoon tomato paste; 1 (14.5-ounce) can whole peeled plum (Italian) tomatoes, undrained; 1 teaspoon dried basil, crushed; 1 teaspoon garlic powder