Post
Topic
Board Speculation (Altcoins)
Re: Looking for the Next Great 1000x
by
Sayeds56
on 25/01/2023, 10:13:40 UTC
It is very hard to predict with certainty  which coin will go 1000X in the next bull run, however, I think AI (Artificial intelligence) based coins have the potential to outperform due to rapid ongoing development & advancement in this technology. We have witnessed huge interest in ChatGPT since it was launched, which is evident from huge traffic on this site and it has got millions of subscribers within days, who are regularly using it to get useful information.
If AI based coins will rise, they will rise because of misunderstanding and lies. That been said, they probably will rise. But people don't seem to get how wide of a spectrum of things considered to be "AI".
Thing is, AI doesn't need a blockchain, but devs are definitely trying to sell it as a buzzword combination. This trend will be as bad as in ICOS when people seriously thought short time that dental industry would benefit blockchain making the dentacoin 1.6 billion dollar worth in marketcap.

And everyone thought it would be normal as blockchain would solve anything and everything needed a blockchain. Until reality hits. Same will happen with ai. AI doesn't solve anything just by being AI. There will be countless worthless AI solutions that doesn't work that they try to sell to us as layer 1 or layer 2 project in a blockchain.

It is true that block chain and artificial intelligence are two separate fields and not interdependent, however they may be used together  for certain applications, Possible use cases of AI and blockchain together include data privacy, secure sharing of medical records, and supply chain management, but It is better to consider your risk tolerance before investing in AI coins, as they are relatively new, so there is potential of significant growth in value, but still there is possibility of loss as with any investment. DYOR