Experts expect artificial intelligence to grow by 250% in the next 5 years. A significant portion of this growth will flow into crypto. So, according to crypto expert Stu L, a crypto AI gem is a must-have in your altcoin portfolio. The expert explains the 3 explosive altcoins he included in his list.
The first secret artificial intelligence altcoin project: Akash Network (AKT)
I don’t know if you’ve noticed how successful NVIDIA has been in the stock market. But it has tripled in the last 12 months. Most of the stock and crypto markets haven’t done much in 12 months. So why? Because they have the right product at the right time for the right trend.
So what do I mean? GPU chips for AI-based computing. Chips that help you create all those beautiful images in MidJourney or Stable Diffusion. They need computing power. And much more. And NVIDIA provides these chips. And guess what happened? NVIDIA has a Blockchain version. You can buy, sell or rent GPUs on a decentralized marketplace. It is possible to do this in this altcoin project: Akash.
The #AISupercloud is live.
The Akash Mainnet 6 upgrade was successfully completed in just under 6 minutes.
This marks the beginning of a new era for Akash — and a new era for AI development.https://t.co/hBUjIItzYl
— Akash Network (@akashnet_) August 31, 2023
But it seems like everyone realized this was going to happen. This increased the price of Akash token (AKT). It’s almost as high as NVIDIA. It increased by 164% in the last 12 months. But guess what? It was even higher than that. It’s down 36% in the last 30 days for no reason. It fell from $1.60 to 85 cents. This is a great entry point for one of the leading AI altcoin projects.
View network stats with an updated dashboard — including Total $AKT Spend, New Leases, and Total GPUs. https://t.co/D2WdewMEDz
— Akash Network (@akashnet_) September 18, 2023
In second place is Openfabric (OFN)
And now there’s a new one for you. This is the person I mentioned in the introduction. Akash is a secret to very few. But you can get into it early. They actually haven’t released their tokens yet. However, they are expected to launch before the end of the year. This is Openfabric. Openfabric has the best of everything we love about AI altcoin projects. It doesn’t have the GPU market that Akash has. But it has many advantages.
https://twitter.com/openfabricai/status/1703775274196762839
Another big area where they are active is application development. Some of their teams create custom AI applications for you, which you can then sell on their marketplace. Or, as mentioned before, anyone can prepare, launch and distribute their own application directly on the protocol using the Openfabric AI infrastructure. This has not been started yet. Its token, symbol OFN, is ready to be listed on Seedify, Enjinstarter and PoolzFinance very soon.
https://twitter.com/openfabricai/status/1690001804027723776
The last secret artificial intelligence altcoin project: Singularity (AGIX)
Singularity and its AGIX token have the largest AI ecosystem ever on Web3. Products include:
- A DAO called Singularity DAO.
- Rejuve.AI uses artificial intelligence for longevity research so that we can live both longer and healthier.
- Nunet for distributed computing power.
- Hypercycle as a fast Layer-1 Blockchain for AI applications.
- TrueAGI and more to help bring generative AI to larger enterprise customers.
CTO Sergey Shalyapin shared an update on our platform and marketplace development progress and highlighted our ongoing work to develop a speech-to-speech assistant for African languages, including low-resource languages:
— SingularityNET (@SingularityNET) September 20, 2023
Therefore, it is possible to see that Singularity covers many areas that are important in the connection between artificial intelligence, Blockchain and practical real-world applications. So how is the token doing? Unsurprisingly, the altcoin is up 204% in the last 12 months. However, like Akash, he is doing even better. It has fallen from 27.5 cents to the current 18.4 cents in the last 90 days. This is a decrease of over 30%. Again, another great project in the right market with a great entry price right now.
In light of the latest advancements in #AI technologies, which is the most likely scenario? pic.twitter.com/WTUyjTaZkO
— SingularityNET (@SingularityNET) September 18, 2023
The opinions and predictions in the article belong to the expert and are definitely not investment advice. As Kriptokoin.com, we recommend that you do your own research before investing.
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