Considering Crypto Trading? Explore These Cryptocurrency Options – Details
Planning To Trade In Crypto? (Image Source: iStockphoto)
In the ever-evolving landscape of the cryptocurrency market, the surge in Bitcoin’s value by 60 per cent year-to-date has paved the way for an exhilarating bull run, prompting investors to diversify into promising narratives.
Bitcoin Sparks Bull Run and Diversification
Vikram Subburaj, CEO of Giottus Crypto Platform, suggests that the emergence of AI as a global trend is the next significant narrative, with crypto-based AI tokens holding the potential to revolutionize decentralized scaling of AI solutions.
AI Emerges as the Next Crypto Trend
RNDR: Revolutionizing AI with Decentralized GPU Network
Meanwhile, the Fetch.ai (FET) ecosystem facilitates decentralized AI services, enabling businesses to create AI agents that interact using FET as their utility token. Subburaj notes FET’s resilience during bear markets, and with a current market cap of USD 2 billion, it is poised for scalable growth akin to RNDR.
DePIN: Unveiling the Potential of Decentralized Physical Infrastructure Networks
The report added that in addition to the AI narrative, Subburaj highlights the potential in the DePIN (decentralised physical infrastructure networks) sector, characterized by blockchain protocols managing physical hardware infrastructure in an open and decentralized manner.
Arweave (AR): Decentralized Storage Backed by Meta
Arweave (AR), addressing decentralized storage and backed by Meta (Instagram), has demonstrated robust technology and partnerships, experiencing a fourfold increase since January 2024. Subburaj suggests a potential 6-8x growth for AR, emphasizing the medium risk but considerable returns associated with DePIN assets.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. TN NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
