TOP Ai Crypto Coins That Will Make Millionaires in 2024 (Decentralized Computing)

Tactical Investing
26 Mar 202420:21

TLDRThe video discusses top AI crypto coins with potential for significant returns in 2024, focusing on decentralized computing projects. It highlights the importance of research and diversification to avoid FOMO and potential losses. Projects like Node AI, ORT, and i.net are mentioned, with advice to be cautious of hype and to take profits when appropriate.

Takeaways

  • 🚀 The AI and decentralized computing sector is growing rapidly, with around 300 projects worldwide having launched tokens.
  • 💡 Quality projects with 5 to 10x potential are becoming harder to find, but there are still opportunities for significant returns.
  • 📈 The potential for high returns is illustrated by a project that increased 2400% in 10 days, turning a $1,000 investment into $24,000.
  • 💸 FOMO (Fear of Missing Out) can lead to significant gains, but also to substantial losses if the market narrative changes.
  • 🔍 Due diligence is crucial when investing in crypto projects, especially in the AI and decentralized computing space.
  • 🌐 Partnerships with big tech companies like Nvidia or AMD do not guarantee success and should not be the sole reason for investment.
  • 📊 Node AI's claim of 28 active nodes with 57 GPUs and $4 million monthly revenue contrasts with Twitter data showing a 24-hour revenue of just above $11,000.
  • 🔥 Projects like ORT and Blender are developing plug-and-play devices for the mining and passive income niche, which could be highly appealing to investors.
  • 📈 Destra Network and OBS have shown significant growth and are involved in decentralized GPU solutions and AI computing.
  • 🌐 i.net is set to be the largest decentralized computing project, with over 10 times the GPUs of its competitors, and is expected to have a massive market cap upon launch.
  • 🚀 The upcoming launch of GPU Donnet focuses on a node specific to decentralized computing, with a public node sale scheduled for April 5th.

Q & A

  • What is the main focus of the video?

    -The main focus of the video is to discuss top AI crypto coins and decentralized computing projects that have the potential to provide significant returns, as well as to offer advice on how to approach these investments cautiously.

  • How many AI and decentralized computing projects are mentioned as existing in the world?

    -There are at least 300 AI and decentralized computing projects mentioned as existing in the world.

  • What does the speaker advise viewers to do when investing in crypto projects?

    -The speaker advises viewers to do their own research, diversify their portfolio, avoid FOMO (Fear of Missing Out), and not be afraid to take profits.

  • What is the significance of the Node AI project mentioned in the video?

    -Node AI is a decentralized AI computing project that has gained significant traction, with a reported 2,000% increase in value over the course of a month.

  • What is the speaker's concern about projects claiming to be partners with Nvidia or AMD?

    -The speaker is concerned that projects claiming to be partners with Nvidia or AMD may be overstating their partnerships, as it is relatively easy for anyone to become a partner and it does not necessarily indicate the quality or legitimacy of the project.

  • What is the potential issue with the number of nodes reported by Node AI?

    -The potential issue is that Node AI claims to have 28 active nodes with 57 GPUs and a monthly revenue of $4 million, but there are discrepancies in the reported figures, such as only 10 GPUs visible and a different monthly revenue reported on Twitter.

  • What is the speaker's opinion on the ORT project?

    -The speaker believes that ORT has a lot of upside potential, despite its fully diluted market cap being relatively high. The speaker is interested in the project due to the background of the founder and CEO, Max Uhlee, and the unique approach of the project.

  • What is the significance of the Blender project in the context of the video?

    -Blender is significant because it is working on a device called Blender Box X1, which is aimed at the GPU rendering and decentralized cloud computing niche. The project has gained popularity and has a strong team behind it.

  • What is the speaker's advice regarding the fear of missing out (FOMO) in the crypto market?

    -The speaker advises viewers not to let FOMO drive their investment decisions, as it can lead to impulsive choices and potential losses. Instead, they should remain cautious and make informed decisions based on their own research.

  • What is the speaker's view on the i.net project?

    -The speaker views i.net as an extremely promising project, being the largest unlaunched decentralized computing project with over 10 times the GPUs of other major projects. The speaker anticipates a significant market cap upon its launch and plans to cover it in a dedicated video.

  • What is the speaker's warning about projects that may be overexaggerating their partnerships?

    -The speaker warns that some projects, like OBS, may overexaggerate their partnerships, which can be misleading. Viewers should be cautious and conduct their own due diligence when evaluating such claims.

Outlines

00:00

🤖 Exploring AI and Decentralized Computing Projects

The speaker introduces the topic by mentioning the vast number of AI and decentralized computing projects available, with around 300 having their own tokens. The challenge of finding quality projects amidst this abundance is highlighted. The speaker aims to discuss some top projects with significant growth potential, sharing personal experiences of success in these projects. A cautionary note is added about the risks of FOMO and the potential for substantial losses in the volatile crypto market. The importance of due diligence, diversification, and profit-taking is emphasized.

05:02

🔥 Navigating the Hot AI Narratives and Projects

The speaker delves into the difficulty of discerning quality projects as AI narratives gain popularity. The first project discussed is Node AI, which has seen significant growth. However, skepticism is expressed regarding claims of partnerships with major tech companies like Nvidia or AMD. Discrepancies in the project's reported revenue and node numbers are pointed out. The speaker advises viewers to be cautious, even when projects are endorsed by influencers, as these endorsements do not guarantee success.

10:02

🚀 Projects with Upside Potential and New Developments

The speaker highlights several projects with notable potential, including ORT, which has a strong team behind it, and Blender, which is set to release a device that could capitalize on the growing interest in decentralized GPU rendering. The early stages of these projects are emphasized, as they offer significant upside potential. Destra Network and OBS are also mentioned, with the former being new and the latter having overemphasized partnerships in the past.

15:04

🌐 Upcoming and Massive Projects in the Decentralized Computing Space

The speaker discusses upcoming projects like i.Net, which is set to be the largest decentralized computing project with a significant number of GPUs. The anticipation for its token launch and potential airdrop is highlighted. Chlori is mentioned for its impressive number of machines and transparency. NCO Cloud, despite its smaller market cap, has shown significant growth and is expected to have a promising future. The speaker also mentions GPU Donnet, which is yet to launch and has a focus on Kol's, with a public figure behind it.

20:05

📈 Final Thoughts and Reminders on Decentralized Projects

The speaker concludes by reiterating the importance of not falling prey to FOMO and conducting thorough research before investing in any project. The potential of projects like Aether is mentioned, comparing it to the upcoming GPU Donnet. The speaker advises viewers to be cautious, especially with new projects, and to keep an eye on those that are yet to be released. The video ends with a call to action for viewers to share any projects not covered in the video and to stay invested.

Mindmap

Keywords

💡AI Crypto Coins

AI Crypto Coins refer to digital currencies or tokens that are associated with or represent projects in the field of artificial intelligence. In the context of the video, these coins are seen as potential investments that could significantly increase in value, making their investors wealthy. The video discusses various AI crypto coins that the speaker believes have the potential to offer returns of 5 to 10 times the initial investment.

💡Decentralized Computing

Decentralized Computing is a concept where computations are distributed across multiple computers or nodes in a network, rather than being handled by a single centralized server. This approach can enhance security, resilience, and sometimes speed. In the video, the speaker is particularly interested in AI and decentralized computing projects, as they believe these technologies are poised to disrupt traditional computing and offer lucrative investment opportunities.

💡Token Launch

A Token Launch refers to the process of introducing a new cryptocurrency or token into the market. This is often done through Initial Coin Offerings (ICOs) or other similar fundraising methods. In the video, the speaker mentions that there are many projects with tokens already launched, as well as many more that have not yet launched their tokens, indicating a rapidly growing and dynamic market.

💡5 to 10x Opportunities

The phrase '5 to 10x Opportunities' is used in the context of the video to describe investment opportunities in AI crypto coins that have the potential to return 5 to 10 times the initial investment. This implies high-risk, high-reward scenarios where early investment in these projects could lead to substantial financial gains if they succeed and grow in value.

💡FOMO (Fear of Missing Out)

FOMO, or Fear of Missing Out, is a psychological phenomenon where individuals feel anxiety or concern about missing out on a rewarding experience or investment opportunity that others are participating in. In the video, the speaker warns about the dangers of FOMO in the context of cryptocurrency investments, as it can lead to impulsive decisions and potential financial losses.

💡Node AI

Node AI is mentioned as one of the projects in the decentralized AI computing space. It has gained significant traction and popularity, with the speaker noting its rapid growth in value. However, the speaker also expresses skepticism about certain claims made by the project, such as the number of active nodes and the revenue figures, advising viewers to conduct their own research and not solely rely on hype.

💡GPU (Graphics Processing Unit)

A Graphics Processing Unit (GPU) is a specialized electronic circuit designed to rapidly manipulate and alter memory to accelerate the creation of images in a frame buffer intended for output to a display device. In the context of the video, GPUs are critical components in decentralized computing and AI projects, as they perform the complex calculations required for these advanced technologies. The speaker discusses various projects that involve GPUs, indicating their importance in the sector.

💡Roadmap

A Roadmap in the context of a cryptocurrency or blockchain project refers to a strategic plan that outlines the project's goals, milestones, and future developments. It is a key document for investors as it provides insight into the direction and potential of the project. In the video, the speaker finds the roadmap of one project odd, specifically the mention of a seven-figure revenue target, which he finds unusual and potentially misleading.

💡Diversification

Diversification is an investment strategy that involves spreading investments across various financial instruments, industries, or categories to optimize potential returns and minimize risk. The speaker emphasizes the importance of diversifying one's portfolio when investing in cryptocurrencies, especially in the volatile and high-risk AI crypto coin market, to mitigate potential losses and increase the chances of gains.

💡i.net

i.net is mentioned as the largest unlaunched decentralized computing project that is set to become the biggest in the world upon the launch of its token. The project is built on the Solana blockchain and is expected to have a significant market cap upon launch. The speaker expresses excitement about the potential of i.net and plans to cover it in a dedicated video, highlighting its importance and the anticipation surrounding it in the community.

💡Airdrop

An Airdrop in the cryptocurrency world refers to the distribution of a certain number of tokens or coins to wallet addresses by a project or company, often to promote a new project or to reward existing holders. In the video, the speaker mentions that i.net has confirmed plans for an airdrop, which is a significant event as airdrops on platforms like Solana can result in substantial rewards for participants.

Highlights

The video discusses top AI crypto coins with potential for significant returns in 2024, focusing on decentralized computing projects.

There are around 300 AI and decentralized computing projects with tokens globally, with many more yet to launch.

The presenter, Alex, emphasizes the importance of conducting thorough research before investing in any project.

Alex shares his personal experience of achieving 5 to 10x returns in some projects and the potential for more upside.

The video cautions viewers against FOMO (fear of missing out) and the risks of investing in extremely popular narratives.

Node AI is highlighted as a popular project with a significant increase in value over a short period, illustrating the potential for high returns.

Alex warns viewers to be skeptical of projects claiming partnerships with major companies like Nvidia or AMD, as these partnerships may not hold much weight.

The video mentions ORT, a project with a strong team behind it, including its founder Max Uhle, who has an impressive background.

Blender is discussed as a project with a device in development, the Blender Box X1, which could potentially offer passive income opportunities.

Destra Network is presented as a relatively new project in the decentralized cloud solutions and AI computing space with potential for growth.

OBC (Obsidian) is noted for its successful performance despite some controversies surrounding its partnerships.

i.net is teased as the largest unlaunched decentralized computing project, with expectations of a massive market cap upon its token launch.

Chlori is highlighted for its transparency and impressive number of active machines and GPUs, indicating strong potential.

NCO Cloud is mentioned as a smaller cap project with significant year-over-year growth and upcoming developments.

GPU Donnet is introduced as an upcoming project with a focus on KOLs (Key Opinion Leaders) and a public node sale scheduled for April 5th.

The video concludes with advice to diversify investments, avoid FOMO, and take profits when appropriate to manage risk in the crypto market.

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