Cryptocurrency
Top 10 AI Cryptocurrencies for the Upcoming Bull Run
2024-12-04
With the rapid evolution of technology, the integration of artificial intelligence (AI) and blockchain has given rise to a new era of cryptocurrency. Among the plethora of tokens available, JetBolt, Fetch.ai, Bittensor, Arkham, Qubic, Golem, BasedAI, Chromia, Marlin, and ChainGPT have emerged as leaders in this domain. Each token brings its unique set of features and capabilities, shaping the future of the cryptocurrency market.

Revolutionize Your Crypto Portfolio with Top AI Coins

JetBolt (JBOLT): Redefining the Crypto Landscape

JetBolt stands out as a next-gen altcoin, leveraging zero-gas technology and an AI-driven blockchain news aggregation platform. Built on the Skale Network, it eliminates the burden of high gas fees, making it a game-changer for DeFi, NFT applications, and Web3 projects. Transactions are lightning-fast, with instant finality, enhancing user efficiency and security. Moreover, its easy staking program allows holders to earn additional rewards by connecting and interacting with friends. During its ongoing presale, early adopters can enjoy up to 25% bonus tokens by purchasing Alpha Box bulk packages. Since its launch, JetBolt has sold over 100 million tokens, attracting the attention of crypto buyers and whales alike.

Artificial Superintelligence Alliance (FET): Pioneering AI in Blockchain

Fetch.ai, launched through an Initial Exchange Offering (IEO) on Binance in March 2019, is an AI-backed Blockchain using Proof of Stake based on Cosmos’ Tendermint consensus mechanism. It combines AI and DAG, trading at $1.91 today and rising by 65.66% over the past month. With a $4.65 billion market cap, FET is at the forefront of AI-driven blockchain innovation.

Bittensor (TAO): Empowering Distributed AI

Currently priced at $635.96 and climbing by 46.05% over the past month, Bittensor is a decentralized network that enables novel strategies for the development and distribution of AI technology. By powering the potential of a distributed ledger, it is shaping the future of AI in the blockchain space. With a market cap of $4.69 billion, TAO is making significant strides.

Arkham (ARKM): Unveiling Blockchain Anonymity

Priced at $2.40 today and showing an 18.87% price increase in the past 7 days, Arkham uses an AI engine to deanonymize blockchain and on-chain data. Its platform is invaluable for tracing illicit funds, identifying fraud perpetrators, and investigating cybercrime cases.

Qubic (QUBIC): Transforming Cryptocurrency with AI

Qubic is a blockchain platform designed to revolutionize the cryptocurrency landscape. Through its AI-driven training and quorum-based computation system, it eliminates transaction fees, enhances scalability, and strengthens security. Currently valued at $0.054721 and with a 215.27% price increase this month, Qubic is a force to be reckoned with.

Golem (GLM): Unlocking Computational Power

Golem is a blockchain-powered platform that enables users to buy and sell computational power for various applications like AI and cryptocurrency mining. Priced at $0.5009 and climbing by 80.84% this month, with a $499.10 million market cap, it is a key player in the blockchain ecosystem.

BasedAI (BASEDAI): Leveraging Blockchain for AI

Currently priced at $8.46 and jumping by 251.41% this month, BasedAI is a decentralized AI platform that uses Brain Credits as digital tokens to enhance user engagement. With a market cap of $288.51 million, it is at the forefront of blockchain-based AI innovation.

Chromia (CHR): Facilitating Peer-to-Peer Transactions

Chromia is a native cryptocurrency used for peer-to-peer transactions on the relational Chromia blockchain platform. Recently partnered with Elfa, an AI-powered social platform, it helps users navigate the dynamic world of cryptocurrency. Priced at $0.3396 and rising by 45.83% in the past 7 days, with a $290.15 million market cap and a circulating supply of 825 million tokens, it is a significant player.

Marlin (POND): Enhancing Web 3.0 with AI

Marlin is a decentralized blockchain infrastructure provider designed for enhancing Web 3.0 applications. Utilizing AI for liquidity management, price prediction, and ecosystem optimization, it is priced at $0.02019 and climbed by 111.82% over the past month. With a $169.7 million market cap and a circulating supply of 10 billion tokens, it is making a mark in the blockchain space.

ChainGPT (CGPT): Specialized in Web3 and AI

Named after the popular AI chatbot, ChainGPT is built on datasets specific to Web3, blockchain, cryptocurrency, and AI industries. Its AI solutions include NFT Generator, smart contracts, security extension, auditor, analytics, and more. Trading at $0.2259 and with a 107.19% price increase this month, it has a current market cap of $168.77 million.In Summary: Best AI Coins For the Bull RunThis article explored the best assets and unique functions of the top 10 AI-powered cryptocurrency coins for the bull run: JetBolt, FET, Bittensor, Arkham, Qubic, Golem, BasedAI, Chromia, Marlin, and ChainGPT. JetBolt shines with its zero-gas technology, AI-powered news aggregation tool, and other innovative features.Learn more about JetBolt’s game-changing attributes and presale details through its official website.Please note that this article does not provide financial advice. Always conduct your own in-depth research before making any cryptocurrency-related decisions. Cryptocurrencies are highly volatile and carry risks.
Should Up 137% Bittensor Be in Your 2025 Portfolio?
2024-12-04
Currently, Bitcoin is stealing the show in the crypto realm. And it's well-deserved. After the U.S. presidential election, Bitcoin witnessed a remarkable nearly 40% surge and has now gained an astonishing 128% for the year. Additionally, it's hovering close to the psychologically significant $100,000 price mark.

Uncover the Potential of Bittensor in 2025

What is Bittensor?

Bittensor is an open source protocol designed for the establishment of decentralized machine learning networks. The Bittensor token, known as TAO, serves as the medium for buying and selling digital commodities within the Bittensor ecosystem. These digital commodities are all AI-related, encompassing elements like computing power, data, and machine learning models.It's crucial to understand that Bittensor can be viewed as a digital currency utilized to acquire AI products and services. Instead of being priced in dollars, these goods and services are denominated in TAO. To obtain these goods and services, one needs to possess some TAO.As the total value of the Bittensor AI ecosystem expands, the value of this currency increases. This phenomenon effectively explains why Bittensor has witnessed a meteoric rise in value over the past 18 months. In March 2023, a TAO token was worth only $100. Today, it commands a value of over $650, representing a staggering 550% gain. The rapid growth of AI can be attributed to this remarkable ascent.

The Convergence of AI and Crypto

Bittensor symbolizes the convergence of AI and crypto. This is a significant concept that Cathie Wood of Ark Invest detailed in her "Big Ideas" report for 2024. As she highlights, blockchain technology and artificial intelligence are two of the world's most crucial technologies at present, and any amalgamation of the two is bound to result in substantial increases in economic value.In fact, Cathie Wood firmly believes that the technological convergence of AI and blockchain may lead to the emergence of "tectonic macroeconomic shifts" similar to those witnessed during the first and second industrial revolutions. This explains why crypto investors are currently so enthusiastic about Bittensor. The convergence of AI and crypto has the potential to propel its value to new heights.

Bitcoin for AI?

Recently, some crypto traders have started referring to Bittensor as "Bitcoin for AI." This implies that Bittensor may eventually become the leading digital currency powering the AI economy.The idea of creating a digital currency specifically for AI is something that Cathie Wood has also delved into. As she pointed out last year, it is not efficient to use dollars to pay for AI-based goods and services. There is a need for a digital currency that AI bots can utilize and trade. She believes Bitcoin will fulfill this role.Admittedly, the notion of Bittensor being "Bitcoin for AI" may seem like marketing fluff often associated with Silicon Valley startups vying for venture capital. However, Bittensor does share certain characteristics with Bitcoin. Like Bitcoin, it is mined using computing power and electricity. Moreover, similar to Bitcoin, Bittensor has a limited lifetime supply of 21 million coins. This inherent scarcity, especially when compared to cryptocurrencies with coin supplies measured in the billions or even trillions, adds to its allure.Over time, this scarcity is expected to drive Bittensor's price higher. As the Bittensor ecosystem grows, the demand for TAO tokens will increase. As long as demand surpasses supply, the price should continue to rise.

Is Bittensor Really the Best AI Crypto Token?

When it comes to investing in AI crypto tokens, investors have a range of options. If we look at the top 100 cryptocurrencies ranked by market capitalization, there are 10 different AI crypto tokens worthy of consideration. This means that Bittensor is not the sole avenue for playing the "convergence of AI and crypto" investment thesis.Furthermore, there is no straightforward way to invest in Bittensor. Unlike Bitcoin, there is no spot crypto exchange-traded fund (ETF) available for buying and selling. Investors need to enter the spot cryptocurrency market directly and invest in it themselves. Even then, purchasing Bittensor may pose a challenge. For instance, it is not currently available for trading on Coinbase Global.Bittensor is not a suitable investment for everyone. It should be regarded as a highly speculative investment. Its upside potential is closely tied to the fortunes of AI. If the AI investment trend falters, the value of Bittensor is likely to decline. Having said that, I am including this cryptocurrency on my investment radar for 2025.
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Trump Announces Nomination of Paul Atkins for SEC Chair
2024-12-04
President-elect Donald Trump made a significant announcement on Wednesday. He revealed his intention to nominate Paul Atkins, a prominent cryptocurrency advocate and the CEO of Patomak Partners, along with a former SEC commissioner. Trump emphasized that Atkins is a "proven leader for common sense regulations." This move is likely to have a substantial impact on the Securities and Exchange Commission and the cryptocurrency industry as a whole.

Trump's Choice for SEC Chair Sets the Stage

Background and Qualifications of Paul Atkins

Paul Atkins has extensive experience in the financial sector. His work at Patomak Partners has given him a unique perspective on the cryptocurrency market. As a former SEC commissioner, he is well-versed in regulatory matters. His expertise and leadership skills make him a strong candidate for the role of SEC chair. This nomination comes at a crucial time when the cryptocurrency industry is rapidly evolving and in need of clear regulations.

Implications for the Securities and Exchange Commission

The nomination of Paul Atkins is expected to bring significant changes to the SEC. His pro-cryptocurrency stance and focus on common sense regulations may lead to a more lenient approach towards digital assets. This could potentially open up new opportunities for cryptocurrency companies and investors. However, it also raises questions about the balance between innovation and investor protection. Atkins will need to navigate these challenges carefully to ensure the stability and integrity of the financial markets.

Impact on the Cryptocurrency Industry

The cryptocurrency industry has been closely watching this nomination. If Atkins is confirmed as SEC chair, it could lead to increased regulatory clarity and acceptance of digital assets. This could attract more institutional investors and boost the growth of the industry. On the other hand, there are concerns that overly lenient regulations could lead to market manipulation and fraud. Atkins will need to address these concerns and establish a regulatory framework that protects investors while also fostering innovation.
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