BlocksInform
Crypto AI chips could be the next big thing in the industry, reminiscent of the challenge boom, metavers craze, or meme-piece explosion, according to a leading financial analyst.
Chatgpt and other technologies guided by artificial intelligence have been fashionable in all social media and business circles. Would that result in three altcoins winning in the next bull market?
Could it make three winning altcoins in the upcoming bull market? Why exchange stories.
In cryptocoins can be cost-effective. For example, the last Bitcoin narrative was driven by its use as an inflation hedge. But when inflation came, the higher cryptocurrency suffered one of its worst downward tendencies still.
Other recent accounts involve ethereum driving challenge and higher related parts, or when the metaverse tokens skyrocketed after mark zuckerberg changed the mother brand name from facebook to meta. NFTS also helped ethereum and newly arrived as solana. Elon Musk made meme-coins all the rage in a matter of a few tweets.
In the crypto industry. For savvy cryptocurrency investors seeking the next big narrative, you might not need to look further than two letters: AI.
OpenAI’s ChatGPT is currently taking social media by storm. The AI tool has already passed the bar exam, medical license exam and mba exam. It is used for writing articles, tweets, solving equations, doing assignments and automating tasks. It’s even being used to explain Bitcoin as various celebrities. There is clear potential for the platform.
AI crypto tokens have outperformed other altcoin categories | FETUSDT on TradingView.comAnalyst: Crypto AI Tokens On “The Verge Of A New Bull Cycle”
Although no AI crypto tokens bear any association with ChatGPT, projects with an association with anything artificial intelligence has recovered more significantly from cryptocurrency bear market lows.
Analyst: Crypto AI Tokens On "The Verge Of A New Bull Cycle"Despite the fact that no AI crypto token has any association with ChatGPT, projects with an association with everything that AI has recovered in a more meaningful way from the crypto-currency bear markets. Fetch.ai (FET), for example, is up about 480 per cent from its lows, and up more than 200 per cent just in January 2023. The Oceans Protocol (OCEAN) is another highlight, recovering 230% from lows and more than 100% since the beginning of the year. Agix moved over 460% in January 2023, and there is still one week remaining.
Fibonacci Extension, Elliott Wave Theory, for $161,800. Jason Soni, Currency and Crypto Analyst at Elliott Wave International recently led a video on three AI-linked crypto tokens that “could be on the verge of a new bull cycle.” There could be a lot more to do.
Soni’s analysis is available through Elliott Wave International’s Crypto Trader’s Classroom, where three new videos are introduced each week. The exact cryptocurrencies analysed in this video are FET, OCEAN, and AGIX.
