Friends, today I've decided to put together a selection of the best big AI coins that have the potential to bring profit to every holder. We'll talk about the leaders of this market, why I like them, and what advantages and potential I see. We'll cover everything, from coins related to GPUs to conversational models and AI assistants.
Disclaimer: Friends, before we move on, I want to remind you that this video is not financial advice. Everything shared here is just my opinion and market analysis, so make sure to conduct your own research and invest wisely.
Table of Contents1. Near Protocol
Let's start with one of the biggest projects in this space. It has already established itself as a stable project with a strong technological foundation and immense community support.
Near Protocol aims to create a transparent and decentralized AI that's accessible to everyone, not just corporations. In today's environment, where automation and job displacement are hot topics, this approach seems incredibly promising. What's particularly interesting is how Near integrates blockchain into solving AI-related problems.
For instance, they've already launched a special program for developers where six teams are working on various projects, from open data and crypto models to AI commerce and cloud computing. These initiatives could significantly boost Near's development. Additionally, a strong indicator of Near's potential is its recent return to the top 15 blockchains by revenue.
This shows that the blockchain is regaining its popularity and network activity is increasing. This can also be seen in its TVL (Total Value Locked), which has nearly doubled in recent months. In its concept, Near resembles Internet Computer Protocol, focusing on creating a people's AI, decentralized, secure, and accessible to everyone.
This philosophy is precisely what makes it so appealing to the crypto community. Moreover, interest from crypto enthusiasts has grown significantly recently, as evidenced by the blockchain's revenue and rising TVL. In my opinion, Near Protocol has every chance to solidify its position among AI projects and potentially return to its previous highs, with the prospect of reaching $50-$60 per token.
2. Internet Computer Protocol (ICP)
Next up is my favorite, Internet Computer Protocol, ICP, a project that I believe is one of the most undervalued in the AI sector. Let me just highlight that since my last post, ICP has grown by 50%, and if we count from my earlier posts, it's delivered a full three times.
This project has already made a significant breakthrough by creating the first AI on blockchain, ensuring security, transparency, and decentralization. Considering how rapidly the AI narrative is advancing in the crypto world, this could be a massive competitive advantage.
The main issue ICP addresses is control over AI. In a world increasingly focused on AI ethics and safety, the ICP blockchain offers a solution, providing transparency and preventing misuse. Their technologies are already ahead of the curve, handling everything from text and graphic requests to facial recognition capabilities.
The latter opens up new possibilities for industries like security, financial services, and even health care. Unfortunately, we haven't seen significant updates to their AI lately, which is a key feature of the blockchain, however, I'm not too concerned, there's a clear roadmap for the rest of the year and tasks are still being worked on, it's highly likely we'll see some major updates very soon. Beyond AI, ICP has many other exciting projects and directions.
For example, they're heavily developing their blockchain to make it highly accessible for EVM network users. Additionally, their separate project Utopia is focused on AI safety and transparency, which is particularly notable in today's climate. Here's a stat that stands out.
Over the past two months, ICP has become the cheapest blockchain, outperforming its nearest competitor by an incredible 13 times margin. All of this leads me to believe that the coin will perform well not only because of its AI component but also due to its blockchain infrastructure. Regarding price, in the most optimistic scenario, I expect ICP could reach $175 to $200 per token.
This wouldn't be surprising, as they were the first to create a platform for integrating AI on blockchain. What do you think? Do you see ICP as a potential revolution in AI and blockchain? Share your thoughts in the comments.
Also Read: Hedera HBAR: The Next Big Player in the Crypto Space
3. Render Network
Next we're talking about Render Network. I just can't help but brag a little. So many people told me this project was trash and wouldn't grow.
But since my last post about this coin, we've already seen a 2x. And this is just the beginning. Not to mention, I've been talking about Render for much longer, back when its price was even lower.
But enough about that, let's dive into why I believe Render is an absolute must-have in any AI portfolio. Render is truly revolutionizing the industry by significantly reducing not only costs but also the resources required for rendering. This is an indispensable technology for many fields where rendering quality is key.
Not too long ago, the project migrated to the Solana blockchain, further enhancing its efficiency. Render allows for processing materials of any format, style, or quality level, making it a leader in its segment.
I won't go into detail about all their partnerships. There are many, including collaborations with top web 2 companies. Recently, they released an update for their Octane Render software, which greatly expands Render Network's functionality.
This update makes life much easier for creators while introducing tons of new features. By the way, Render has also been included in Grayscale's fund, underscoring the project's potential.
On top of that, this coin has made it into a separate ETP fund by 21 shares. This clearly shows how much interest big players have in the AI space and Render Network in particular. So, I'll keep it brief. I'm extremely bullish on Render and see potential growth to $150 to $200 in the near future.
4. BitTensor (TAO)
TAO is a true breakthrough in the world of decentralized machine learning. Functioning as a global network where machine learning models from all over the world collaborate like neurons in a brain, the concept is so unique that it's already attracting massive attention.
The TAO token serves as a key component of this ecosystem. The TAO token performs several critical functions. It's used to reward miners who provide their computational resources for model training and enables token holders to propose changes and vote on key network decisions.
This not only creates a market for computational services, but also integrates elements of democratic governance into the process itself. Another interesting aspect is the development of the TAO ecosystem through subnets, where new projects emerge to expand the network's capabilities. A crucial factor is also the support from Grayscale, which has allocated a significant share of its AI-focused fund to TAO, reinforcing trust in BitTensor from serious market players.
Currently, the market cap of BitTensor is $5.2 billion, and if its development continues at this pace, we could see it reach $40 billion by 2025. What do you think about TAO and its potential? Let me know in the comments.
Also Read: Understanding the Wrapped Bitcoin Boom: Impacts on Altcoins and Market Dynamics
5. Akash Network
The final token we'll discuss today is Akash Network. Currently flying under the radar of many, Akash has the potential to become a crypto competitor to giants like Google Cloud and Amazon Web Services. Its main advantage is significantly cheaper services, making it more appealing to users. Charts clearly show Akash's pricing advantage, which drives its growth and popularity.
Additionally, Akash Network operates as a marketplace where anyone can rent out their GPU and earn passive income. This allows users to become part of the ecosystem and monetize their computational power, making the project even more attractive to both investors and everyday users. The project is also expanding its ecosystem by providing simplified ways to integrate into the Akash Network, attracting new participants.
Real-world use cases bolster trust and enhance the prospects for growth. GPU-related projects are currently among the most promising sectors, with many experts predicting parabolic growth for this market. Personally, I believe Akash has the potential to reach the peak levels of Render Network in the near future.
What's your take on this project? Does Akash have what it takes to become a crucial part of the market alongside Render?
Market Data Overview
Coin Current Price Market Cap Potential Target Price
Near Protocol $6.46 $1.42 Billion $50 - $60
Internet Computer Protocol (ICP) $12.05 $5.83 Billion $175 - $200
Render Network $8.72 $1.92 Billion $150 - $200
BitTensor (TAO) $579 $5.2 Billion $1000-$1500
Akash Network (AOS) $3.84 $957.63M Potential to match Render Network
Conclusion
By the way, despite all its advantages and strong technological potential, it's important to note that not all tokens are currently in circulation, which could negatively impact the asset's future price performance. Remember, this is just my opinion on the market and not financial advice. Always conduct your own research before investing.
FAQs
- What is Near Protocol? Near Protocol is a decentralized platform aiming to make AI accessible to everyone.
- How does Internet Computer Protocol (ICP) work? ICP enables the creation of AI on the blockchain, providing transparency and security.
- What is Render Network? Render Network focuses on efficient rendering technology, reducing costs and resources needed.
- What does BitTensor offer? BitTensor facilitates decentralized machine learning with rewards for computational resources.
- How does Akash Network function? Akash Network allows users to rent out their GPU power, providing cheaper cloud services.
