AI CRYPTO WILL BE MASSIVE!

My Financial Friend
6 Mar 202408:15

TLDRIn this video, Sam discusses the recent surge in the cryptocurrency market, particularly Bitcoin's near all-time high. He highlights the potential of altcoins, which are significantly lower than their peaks, suggesting a shift in investment focus. Sam also explores the growing interest in AI-related cryptocurrencies, mentioning top AI coins by market cap and their potential as investment opportunities. He introduces Smart Money, a project using AI to track top traders across multiple blockchains, offering real-time market insights through a Telegram bot. The video emphasizes the importance of AI in the crypto space and the potential for AI coins to attract significant investment, urging viewers to do their own research and stay informed.

Takeaways

  • 📈 Bitcoin is near an all-time high, with a significant increase of 56% in the last month.
  • 🚀 Despite Bitcoin's rise, many altcoins are still far from their all-time highs, offering potential investment opportunities.
  • 🔍 The speaker is investing in AI-related cryptocurrencies, which he sees as a significant opportunity in the market.
  • 🤖 Top AI cryptocurrencies by market cap include BitSensor, BitTensor, Render, and Fetch AI.
  • 💡 Smart Money is a project using AI to track top traders across multiple blockchains, aiming to outperform the market.
  • 📊 Smart Money provides real-time information on top traders' activities through a Telegram bot, tailored to users' specific needs.
  • 🔗 Smart Money has announced its participation in the Nvidia developer program, gaining access to advanced tools and resources.
  • 🔄 The Smart Money token has a 5% fee, with 4% allocated to marketing and development and 1% to buybacks and burns.
  • 🔍 The speaker emphasizes the importance of doing one's own research before investing in any cryptocurrency.
  • 📌 The video encourages viewers to share their thoughts in the comments and to follow Smart Money on Twitter for updates.

Q & A

  • What is the current state of the cryptocurrency market according to the script?

    -The cryptocurrency market is experiencing significant growth, with Bitcoin nearing an all-time high and having increased by 56% in the last month.

  • How does the speaker, Sam, view the potential of altcoins compared to Bitcoin?

    -Sam believes that altcoins have a lot of potential as they are far from their all-time highs, with some being 80% off. This suggests that there is room for significant growth in the altcoin market.

  • What is the significance of AI in the cryptocurrency market as mentioned in the script?

    -AI is considered a major opportunity in the crypto market, with AI-related coins being some of the top cryptocurrencies by market cap. The script suggests that AI will be a significant narrative in the market, potentially attracting a lot of investment.

  • What is the Smart Money project mentioned in the script, and how does it work?

    -Smart Money is a project that uses AI to track top traders across multiple blockchains. It compiles data from these traders and provides real-time information through a Telegram bot, allowing users to make informed trading decisions based on the actions of successful traders.

  • How does the Smart Money Telegram bot benefit its users?

    -The Smart Money Telegram bot allows users to tailor notifications to their specific needs and provides advanced analytics. It helps users stay ahead of the market by following the actions of top traders, which can be time-consuming to track manually.

  • What are the features of the Smart Money token, and how is it used?

    -The Smart Money token has a 5% fee, with 4% allocated towards marketing and development, and 1% going to buybacks and burns of the token. This creates buyback and burn pressure, potentially increasing the token's value over time.

  • What is the significance of Smart Money being part of the Nvidia Developer Program?

    -Being part of the Nvidia Developer Program gives Smart Money access to advanced tools, SDKs, training resources, early access programs, and unlimited use of Nvidia OnDemand Services. It also allows the team to network with top AI developers, which can lead to partnerships and further development.

  • How does the speaker plan to evaluate the potential of Smart Money?

    -The speaker plans to test the Smart Money bot to see how well it works and whether it can provide the promised insights into top traders' actions. The speaker emphasizes the importance of doing one's own research before investing.

  • What is the speaker's opinion on the future of AI in the cryptocurrency market?

    -The speaker believes that AI will be a massive narrative in the cryptocurrency market, potentially attracting significant investment and liquidity from other market segments. They suggest that AI coins could be a major focus for the next bull run in the market.

  • What advice does the speaker give to viewers regarding investment in cryptocurrencies?

    -The speaker advises viewers to do their own research before investing in any cryptocurrency, including Smart Money or AI coins. They stress the importance of understanding the potential risks and rewards of each investment.

Outlines

00:00

📈 Crypto Market Update and AI Coin Opportunities

This paragraph discusses the recent volatility in the cryptocurrency market, with a focus on Bitcoin's near all-time high. The speaker, Sam, highlights the significant increase in Bitcoin's value over the past month and suggests that altcoins, which are currently far from their highs, may present a lucrative investment opportunity. The narrative shifts to AI coins, which are seen as a major opportunity in the crypto space. The speaker mentions top AI coins by market cap and expresses interest in investing in them. The paragraph also introduces Smart Money, a project that uses AI to track top traders across multiple blockchains, providing real-time information to users through a Telegram bot. The speaker emphasizes the potential of AI in the crypto market and the importance of staying informed about top traders' activities.

05:00

🚀 Smart Money Token and AI Coin Potential

The second paragraph delves into the Smart Money project, discussing its token and the subscription model that supports the token's buyback and burn strategy. The speaker expresses a desire to test the Smart Money bot to see if it can effectively track top traders. The paragraph also touches on the growing interest in AI within the cryptocurrency market and the potential for AI coins to attract significant investment. The speaker suggests that AI coins could become a major narrative in the next bull run, drawing liquidity from other sectors. The importance of conducting personal research before investing is emphasized, and the speaker invites viewers to share their thoughts in the comments section and to explore the Smart Money project through provided links.

Mindmap

Keywords

💡Bitcoin

Bitcoin is a decentralized digital currency that operates on a peer-to-peer network, allowing for fast and secure transactions without the need for intermediaries like banks. In the video, the speaker mentions Bitcoin's near all-time high value, indicating a significant increase in its market price and the overall bullish sentiment in the cryptocurrency market.

💡Altcoins

Altcoins are alternative cryptocurrencies to Bitcoin. They often represent various blockchain projects with different functionalities and use cases. The script discusses altcoins being far from their highs compared to Bitcoin, suggesting potential investment opportunities as they have not yet reached their previous peak values.

💡AI Coins

AI Coins refer to cryptocurrencies that are associated with or support artificial intelligence projects. The video highlights AI Quinton's statement about the early stages of AI in the crypto space, suggesting that AI Coins could be a significant investment opportunity due to their potential for growth and innovation.

💡Smart Money

Smart Money, in the context of the video, refers to a project that uses AI to track and analyze the trading activities of top traders across multiple blockchains. This project aims to provide real-time information to users, helping them make informed investment decisions by following the actions of successful traders.

💡Telegram Bot

A Telegram Bot is an automated software application that runs within the Telegram messaging platform, capable of performing various tasks, such as sending notifications or processing user requests. In the video, the Smart Money project uses a Telegram Bot to deliver trading insights and analytics to its subscribers.

💡Nvidia Developer Program

The Nvidia Developer Program is a platform that provides developers with access to advanced tools, SDKs, training resources, and other support to develop innovative applications, particularly in the field of AI. The Smart Money team's inclusion in this program signifies their commitment to leveraging AI technology and networking with industry leaders.

💡Tokenomics

Tokenomics refers to the study of the economic structure of a cryptocurrency, including its supply, distribution, and the mechanisms that govern its value. The video mentions a 5% fee on the Smart Money token, with a portion allocated to marketing, development, and token buybacks, which can influence the token's value and demand.

💡Buyback and Burn

A buyback and burn strategy involves a company or project repurchasing its own tokens and then destroying them, reducing the overall supply. This can increase the value of the remaining tokens by creating scarcity. The video discusses how 100% of the Smart Money subscription fees are used for this purpose, potentially boosting the token's value.

💡Crypto Bull Run

A crypto bull run refers to a period of sustained growth in the cryptocurrency market, where prices of digital assets rise significantly. The speaker speculates that AI Coins and projects like Smart Money could drive the next bull run due to the growing interest in AI and the potential for these projects to attract substantial investment.

💡Dogecoin

Dogecoin is a cryptocurrency that started as a joke but has gained popularity and market value. It is mentioned in the video as a point of comparison for the market cap of AI Coins, illustrating the potential size and growth of the AI crypto niche.

💡Sheba

Sheba, or Shiba Inu, is a meme-based cryptocurrency that has gained attention and value due to its association with the Shiba Inu dog breed and the broader meme culture. It is used in the video to compare the market cap of AI Coins, highlighting the relative size and potential growth of the AI crypto sector.

Highlights

Bitcoin is near an all-time high, up 56% in the last month.

Altcoins are far off their highs, some by as much as 80%.

There's a huge amount of money expected to move towards altcoins.

AI coins are being seen as one of the biggest opportunities in the crypto market.

Top AI coins by market cap include BitSensor, BitTensor, Render, and Fetch AI.

Smart Money is an AI project that traces top traders across multiple blockchains.

Smart Money provides real-time information on top traders via a Telegram bot.

The Smart Money team is part of the Nvidia developer program.

Smart Money will be attending the Nvidia GTC AI conference.

The Smart Money token has a 5% fee, with 4% allocated to marketing and development, and 1% to buybacks and burns.

100% of subscription fees are used for buying back and burning more Smart Money tokens.

The speaker is considering investing in AI coins and is testing Smart Money's effectiveness.

AI is a significant narrative in both traditional finance and the crypto space.

Telegram bots were a major narrative during the bear market.

There is potential for AI coins to attract significant investment and liquidity.

The speaker emphasizes the importance of doing one's own research before investing.

The speaker plans to monitor the track record of Smart Money and AI coins.