This AI Crypto Project Will 20-30X By May 2024 (YES Really)

YourPOP
15 Feb 202408:15

TLDRIn this video, Ahmed discusses the promising crypto project Pal AI, highlighting its robust ecosystem, staking, revenue share model, and Telegram Bots. He emphasizes Pal AI's growth, with a market cap of $167 million and a vision to simplify crypto for newcomers. Ahmed is bullish on Pal AI's potential to become a multibillion-dollar infrastructure, citing its user-friendly approach and the upcoming launch of Pal X, an AI-powered platform for managing crypto portfolios. He suggests that Pal AI's focus on ease of use and new investor engagement could lead to significant market share and a $2 billion valuation.

Takeaways

  • 🚀 Ahmed discusses the progress of Pal AI, a favorite crypto project for 2024, which he first mentioned in June 2023.
  • 🌐 Pal AI is an AI project with a robust ecosystem, including staking, revenue share models, Telegram bots, and more.
  • 📈 The overall cryptocurrency market is looking strong with new liquidity from institutional investors like BlackRock and Fidelity.
  • 🔮 Ahmed predicts that Bitcoin will break its all-time high and possibly reach $100,000 in the near future.
  • 🏆 Pal AI has won in terms of market share in the Telegram Bots category on CoinMarketCap, doubling the market share of its competitors.
  • 📊 Pal AI's market cap is currently at $167 million, with a fully diluted market cap of around $211 million.
  • 📈 Pal AI has broken all-time highs and is ranked 273 among all cryptocurrencies, with potential to be a top 50 cryptocurrency in 2024.
  • 💰 The Pal ecosystem holds over $3 million in assets and Ethereum revenue, with rewards distributed to stakers.
  • 🎉 Pal X, a new feature, will allow users to craft custom lists of tokens, influencers, and manage their portfolio using AI tools.
  • 🌟 Pal AI's vision is to make crypto easy for newcomers, aiming to capture significant market share and attract new investors.
  • 📝 Ahmed, as an investor, believes Pal AI has the potential for a 100x growth and a $2 billion valuation.

Q & A

  • What is the name of the crypto project Ahmed is discussing in the video?

    -The crypto project discussed is called Pal AI.

  • When did Ahmed first mention Pal AI?

    -Ahmed first mentioned Pal AI in June of 2023.

  • What are some features of the Pal AI ecosystem?

    -The Pal AI ecosystem includes staking, revenue share model, Telegram Bots, and various hot topics initiated in late 2022.

  • How does Ahmed view the current state of the cryptocurrency market?

    -Ahmed views the cryptocurrency market as looking fantastic, with new liquidity coming in from institutions like Black Rock and Fidelity.

  • What is the current market cap of Pal AI?

    -As of the video, Pal AI's market cap is sitting at $167 million.

  • What is the fully diluted market cap of Pal AI?

    -The fully diluted market cap of Pal AI is around $211 million.

  • What is the ranking of Pal AI among all cryptocurrencies?

    -Pal AI is ranked 273 among all cryptocurrencies.

  • What is the Pal AI ecosystem holding in terms of assets and Ethereum revenue?

    -The Pal AI ecosystem holds over $3 million in assets and Ethereum revenue.

  • What is Pal X and what does it aim to do?

    -Pal X is a new feature that allows users to craft custom lists of tokens, influencers, or niche categories, and manage their portfolio using AI tools for research, audits, tweets, sentiment analysis, and more.

  • What is the vision of Pal AI?

    -The vision of Pal AI is to make crypto easy for people who are new to the space, acting as a sidekick or guide for every trade and step.

  • What is Ahmed's prediction for Pal AI's market cap in the future?

    -Ahmed believes Pal AI has the potential to reach a $2 billion valuation and break through significant barriers in the market.

Outlines

00:00

🚀 Crypto Project Update: PAL AI's Growth and Vision

The video script introduces Ahmed's return to discuss the progress of PAL AI, a cryptocurrency project he highlighted in June 2023. PAL AI is an artificial intelligence protocol with a robust ecosystem, including staking, revenue sharing, Telegram bots, and other features initiated in late 2022. The script emphasizes the overall positive state of the cryptocurrency market, with new liquidity from institutional investors like Black Rock and Fidelity. Ahmed is particularly excited about PAL AI's market share victory in the Telegram Bots category on CoinMarketCap and its potential to become a multibillion-dollar infrastructure. He mentions PAL AI's market cap, trading volume, and its ranking among cryptocurrencies. The script also highlights PAL AI's ecosystem assets, staking rewards, and the upcoming launch of PAL X, a platform that aims to simplify crypto onboarding and portfolio management using AI tools.

05:00

🌟 PAL AI's Vision and Potential for New Investors

The second paragraph delves into PAL AI's initial vision and its potential to attract new investors. Ahmed, as an investor, shares his excitement and belief in the project's ability to simplify cryptocurrency for newcomers. He discusses the importance of PAL AI as a sidekick for users, guiding them through trades and providing trust in the crypto space. Ahmed predicts that PAL AI could capture a significant market share and sees it as a 100x opportunity with the potential for a $2 billion valuation. He also suggests that the current market cap of PAL AI could be a local top, with the possibility of significant growth in the future, as seen in previous rallies.

Mindmap

Keywords

💡Crypto Project

A crypto project refers to an initiative that involves the development and implementation of cryptographic technologies, often in the form of blockchain-based applications or cryptocurrencies. In the video, the crypto project being discussed is Pal AI, which is described as an artificial intelligence project with a robust ecosystem.

💡Artificial Intelligence (AI)

Artificial Intelligence refers to the simulation of human intelligence in machines that are programmed to think, learn, and make decisions like humans. In the context of the video, Pal AI is an AI project that aims to simplify the cryptocurrency experience for users.

💡Staking

Staking is the process of holding a cryptocurrency in a wallet to support the operations of a blockchain network, often in return for rewards. In the video, Pal AI's staking model is mentioned as a way for users to earn rewards by simply holding their tokens.

💡Revenue Share Model

A revenue share model is a business structure where profits are distributed among participants, often based on their contribution or investment. In the video, Pal AI's revenue share model is highlighted as a way to reward its community members.

💡Telegram Bots

Telegram bots are automated software programs that run within the Telegram messaging app, capable of performing various tasks such as sending messages, managing groups, or providing information. In the video, Pal AI's Telegram bots are mentioned as part of its ecosystem.

💡Market Cap

Market capitalization, or market cap, is the total value of all the shares of a publicly-traded company or, in the case of cryptocurrencies, the total value of all the coins in circulation. It is calculated by multiplying the current price of the asset by the total number of outstanding units.

💡Liquidity

Liquidity in financial markets refers to the ability to buy or sell an asset quickly and easily without causing a significant change in its price. In the context of the video, new liquidity is mentioned as a positive sign for the cryptocurrency market.

💡ETFs

Exchange-Traded Funds (ETFs) are investment funds traded on stock exchanges, much like stocks. They hold a collection of assets such as stocks, bonds, or commodities and are designed to track the performance of a specific index, sector, or strategy.

💡Pal X

Pal X appears to be a new feature or platform within the Pal AI ecosystem that aims to simplify crypto onboarding by providing a suite of tools for research, audits, sentiment analysis, and portfolio management.

💡Investment Opportunities

Investment opportunities refer to potential avenues for putting capital into assets with the expectation of generating a profit. In the video, the speaker mentions investment opportunities within the Pal AI ecosystem, such as the incubated project AIT protocol, which delivered significant returns to stakers.

💡Dollar-Cost Averaging (DCA)

Dollar-cost averaging is an investment strategy where an investor commits to buying a fixed dollar amount of a particular investment on a regular schedule, regardless of the asset's price. This approach can reduce the impact of volatility and average out the cost over time.

Highlights

Ahmed discusses his favorite crypto project for 2024, Pal AI.

Pal AI is an artificial intelligence project with a robust ecosystem.

The ecosystem includes staking, revenue share model, Telegram Bots, and more.

Pal AI was mentioned in June 2023 and has been a hot topic since Q4 2022.

The overall cryptocurrency market is looking fantastic with new liquidity from institutions.

Black Rock and Fidelity are holding significant amounts of Bitcoin.

Ahmed predicts Bitcoin will break its all-time high and reach $100,000 soon.

Pal AI has won in terms of market share, doubling the place of its competitors.

Pal AI's market cap is $167 million, with a fully diluted market cap of $211 million.

Pal AI is ranked 273 among all cryptocurrencies, with potential to be a top 50 crypto.

Pal AI's ecosystem now holds over $3 million in assets and Ethereum revenue.

Stakers can earn rewards by simply staking their Pal tokens at rewards.alli.io.

Pal X is an upcoming feature that allows users to craft custom lists of tokens and manage portfolios using AI.

Pal X aims to simplify crypto onboarding by providing essential tools for research, audits, tweets, and sentiment analysis.

Pal AI's vision is to make crypto easy for newcomers.

Ahmed believes Pal AI has a 100x potential with a $2 billion valuation not being far-fetched.

Crypto adoption is currently held by less than 10% of the global population, indicating a large market share to be captured.

Ahmed is an investor in Pal AI and is excited about its potential, despite his implicit bias.

Pal AI's ability to onboard new users could lead to significant market share and investor excitement.

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