Post
Topic
Board Altcoin Discussion
Re: Bitcoin and AI tokens
by
Rustam Meraj
on 11/09/2024, 03:11:48 UTC
Do not fall for the branding done by projects to get investors buying their tokens. I noticed something about some of the AI projects, they are old tokens that were already trading before the hype about AI tokens began but back when these projects launched, they didn't identify as AI tokens but called their technology defi and other trending things. Now that AI is trending, they're beginning to call their projects AI just to get mentions when people are talking about AI coins. Don't believe everything that they say they do because they're are not to be trusted with all our minds because they can disappoint by becoming worthless. AI and Bitcoin don't have any relationship because they're moving differently. AI aren't causing much hypes anymore but it might be because of the market conditions hence we'll have to wait until we're more into the bull market before knowing which trend is the market going to favour.
Yes investors should be careful of projects that suddenly call themselves AI tokens just to get attention. This can be misleading and dishonest. They might not really be working on AI technology but just trying to attract investors by using popular term. It is good to research and not fall for fake promises. Value of these tokens can drop suddenly causing big losses. AI and Bitcoin are separate markets and we should be cautious of projects trying to connect them when there is no real link. Let's wait for market to settle before making informed decisions about which trends to support.