Altcoins
List of Altcoins to Stack for 20x Gains
With the Bitcoin Fear and Greed Index As prices reach extreme fear levels, The House of Crypto analyst believes it’s a good time to buy, following Warren Buffett’s advice to “buy fear and sell greed.” He focused on a particular sector in his latest analysis and said that AI crypto projects typically see significant upside after short-term bearish trends.
He explained a bullish macro The outlook is marked by surging global stock markets and Nvidia hitting all-time highs, which has a positive impact on AI cryptocurrencies. He discussed three AI altcoins he is bullish on, key buying areas, and the macroeconomic environment. The current extreme fear index is seen as a bullish signal for cryptocurrencies and he expects Bitcoin to rise, which will also lead to gains for altcoins.
AIOZ
AIOZ, a project that combines AI with decentralized storage and streaming, recently partnered with Nvidia. It highlighted that AIOZ, once considered a dead project, has seen a huge increase in value and a healthy correction.
Despite its large market cap, he expects the company to reach a multi-billion dollar market cap, driven by demand for AI and decentralized solutions. He sees potential for a price drop in the near term, but plans to buy more if that happens.
Aethir
Moving on to another project, Aethir, known for providing powerful on-demand GPU computing solutions, is not limited to AI but is crucial for GPU power, which is dominated by Nvidia. With over 43,000 professional-grade GPUs available, this cryptocurrency supports large language models like ChatGPT.
With a market cap of $266 million and only 9% of the supply in circulation, the growth potential is high, especially with most of the tokens locked until the end of the expected bull market. The analyst said that despite the market conditions, he maintained a strong stance, suggesting a potential increase of 15 to 20 times if market conditions are favorable.
io.net
Finally, io.net, a recent partnership with Aethir and Render, offers similar decentralized GPU solutions. Positioned in the growing AI market, io.net operates decentralized GPU clusters on a global scale, making it more cost-effective and geographically flexible.
With a market cap of $220 million and 11% of the circulating supply, io.net has considerable potential, especially as it aligns with the continued strong growth of AI. Despite a rocky start due to bearish market conditions, the project is promising with strong buying interest at lower levels.
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