These AI Altcoins Are About To SKYROCKET!! (11 DAYS LEFT TO BUY)
TLDRThe video discusses the surge in AI tokens leading up to a major AI event, the Nvidia conference, which is expected to be a catalyst for further growth in the sector. The speaker highlights several AI tokens that have performed well and shares insights into short-term trading opportunities, emphasizing the distinction between trading and long-term investment strategies. They also mention upcoming content that will delve deeper into the AI sector's long-term potential and infrastructure plays.
Takeaways
- ๐ AI tokens are experiencing a surge in price leading up to a major AI event, with some seeing gains of 50-100%.
- ๐ The AI sector received significant funding in 2023, indicating strong institutional interest and potential for growth.
- ๐๏ธ An upcoming Nvidia conference from March 18th to 21st is expected to be a catalyst for AI tokens, with many crypto projects and their founders participating.
- ๐ The speaker lineup at the Nvidia conference could generate hype and influence the price of AI tokens, particularly those with direct involvement.
- ๐ AI gaming and deep learning are highlighted as top narratives for this investment cycle, with AI being a major focus for the future.
- ๐ก The AI sector is currently undervalued, with a market cap of $24 billion, suggesting room for growth and appreciation.
- ๐ Nvidia's GPU narrative is setting the stage for a massive AI bubble, potentially larger than the current market size.
- ๐ AI infrastructure plays, such as AOS, are positioned for long-term growth, offering a different investment strategy compared to short-term AI proxies.
- ๐ The AI narrative is currently very hot, and any token associated with AI is likely to perform well in the short term, especially leading up to the Nvidia conference.
- ๐ The speaker emphasizes the importance of distinguishing between short-term trades and long-term holds in the AI sector, advising caution in investing in tokens solely for the hype around events.
Q & A
What is the major AI event happening in a couple of weeks?
-The major AI event is the Nvidia conference, which is scheduled from March 18th to March 21st.
What is the significance of the Nvidia conference for AI tokens?
-The Nvidia conference is one of the biggest AI conferences of the year, and it is expected to generate a lot of hype, potentially affecting the prices of AI tokens positively.
Which AI tokens have seen significant price increases recently?
-The speaker mentioned that many major AI coins have gone up by 50-100%, and some lower-cap coins have seen three-figure percentage gains.
What is the speaker's stance on the long-term potential of the AI sector?
-The speaker is very bullish on the long-term potential of the AI sector, considering the heavy funding and institutional interest in AI.
What is the speaker's advice for trading AI tokens in the short term?
-The speaker suggests focusing on AI tokens that are performing well leading up to the Nvidia conference and to be aware of the distinction between trading and long-term holding.
Which AI token is the speaker currently trading or buying?
-The speaker does not specify a particular AI token they are trading or buying but discusses several AI tokens that are performing well or have potential.
What is the speaker's view on AI tokens that have already experienced a price run?
-The speaker believes there is still room for AI tokens to run in the short term, even though they have already experienced a price increase.
What is the speaker's long-term view on AI tokens?
-The speaker is more interested in infrastructure plays and AI infrastructure projects that facilitate AI technology and applications, such as AI compute, data storage, and decentralized AI networks.
What is the speaker's strategy for taking advantage of price dips in AI tokens?
-The speaker recommends using deep corrections as an opportunity to enter trades, setting limit orders, or taking advantage of leverage sweeps.
Which AI tokens are considered leaders in the sector?
-The speaker mentions tokens like FET, which have been leaders in the sector and have seen significant price increases.
What is the speaker's approach to long-term investment in AI tokens?
-The speaker plans to release a thread and a subsequent video discussing the long-term potential of the AI sector and how they are approaching long-term investment in it.
Outlines
๐ AI Tokens and Upcoming Major Event
The video discusses the recent surge in AI tokens, driven by an upcoming major AI event. The speaker highlights the strong performance of AI tokens in the market and their potential for further growth, especially in the lead-up to the Nvidia conference. The event is expected to be a catalyst for AI tokens, with new announcements and updates likely to influence the market. The speaker also mentions their previous coverage of AI and its growing importance in the crypto space, emphasizing the need to differentiate between short-term trading opportunities and long-term investments.
๐ Trading Opportunities and AI Sector Analysis
The speaker focuses on short-term trading opportunities within the AI sector, mentioning specific AI coins they are currently trading or buying. They discuss the Nvidia conference as a significant event that could influence the market and mention their plans to release a more in-depth analysis on Twitter and in a subsequent video. The speaker also talks about the long-term potential of AI in the crypto market and their approach to long-term investment in the sector.
๐ AI Token Performance and Market Trends
The speaker reviews the performance of various AI tokens, noting the significant gains made by some coins in the lead-up to the Nvidia conference. They mention the importance of AI infrastructure plays and highlight specific projects like Render and Near Protocol, which are expected to perform well due to their involvement in the conference. The speaker also discusses the distinction between long-term projects building real AI applications and short-term projects that trade as AI proxies.
๐ AI Token Picks and Market Analysis
The speaker provides a detailed analysis of several AI tokens, discussing their market performance, potential for growth, and the impact of the upcoming Nvidia conference. They mention tokens like AOS, which they consider a long-term play, and others like RSS3 and Lii, which are interesting from a trading perspective. The speaker also cautions viewers about the risks associated with lower market cap tokens and the importance of distinguishing between trading and long-term holding strategies.
Mindmap
Keywords
๐กAI tokens
๐กNvidia conference
๐กShort-term trading opportunity
๐กRender
๐กNear Protocol
๐กAI infrastructure plays
๐กAI proxies
๐กRisk-reward
๐กLayer 2
๐กMarket cap
Highlights
AI tokens are responding positively in price leading up to a major AI event.
AI was the top narrative of 2023 by web traffic and remains a top narrative in 2024.
Institutional interest in AI is evident from heavy funding in the venture world.
The speaker has been highlighting AI as a top narrative for months.
AI coins mentioned in a previous video have seen significant price increases.
An upcoming major AI event is the Nvidia conference from March 18th to 21st.
The Nvidia conference is expected to announce new developments in the AI industry.
AI tokens have already seen a run, but there may still be room for growth in the short term.
The speaker will release a thread on Twitter covering the AI sector in more depth.
Render, an AI token, has a market valuation of $55 billion and is expected to perform well leading up to the Nvidia conference.
NE Protocol broke out of a multi-year accumulation phase and is expected to benefit from the conference.
AOS is considered a long-term play with a focus on AI infrastructure.
The AI sector is expected to grow, with AI applications becoming more prevalent in the market.
The speaker emphasizes the importance of distinguishing between short-term trades and long-term investments in AI tokens.
The speaker will cover long-term positioning in AI in a future video.
The speaker mentions other AI tokens like FET, OCEAN, and AX, discussing their recent price actions and potential for future growth.
The speaker advises using leverage flushes in a bull market to identify strong tokens for potential trades.
The speaker provides a link for a $30,000 signup bonus and a $10 airdrop for trading AI coins on Bitget.
The speaker will discuss long-term potential and synergies between crypto and AI in an upcoming video and Twitter thread.