Quote from: JeffBrad12 on October 14, 2024, 03:04:39 AM

Quote from: khiholangkang on October 13, 2024, 08:40:03 PM

Seeing this data in the development of AI coins have a markercap and it will show that the growth in the AI sector project does have a very high enthusiast even though it is still in the development stage I am very confident that the future with AI will be more efficient and better, so it's still Has a great possibility for AI project to have an exponential improvement, AI is not like Metaverse whose hyp in the cycle last year and after that is left, but this AI is really needed in the real world and industry to improve quality, so AI is very potential. Imo

I would agree that AI is not cyclic like NFT which just crumble as soon as bearish hits, but the problem here, determining the right AI to invest, some are just pure shit coin while the other actually great, but some of the AI coin already overvalued in my honest opinion. RNDR is already having market cap worth of 2.8 billion and that's massive.
moreover there are upcoming competiton in AI sector as well such as IO.NET and some of them that are still in alpha or beta phase.
market of AI will get diluted in the future it's just matter of time.

investing right now just seem too late already. unless you can find some underrated gems.

You are right that some projects are just limited to utilizing the growing market narrative that makes some people deceived, therefore it is very important to analyze fundamentally deeper to know the background and who the project developer is to be more reliable in planning the vision and mission of a project, regarding the RNDR, it is already quite large and we are now far in the ATH, competition also adds to the burden for some projects to attract the market, but I don't think we are too late because if I don't forget that next year the apple company will integrate AI into its products and that will be a very big bullish narrative for AI projects next year.