The Top 2 AI Crypto Coins That Could 10X In The Crypto Bull Run.
With the crypto bull run expected to begin in 2024 after Bitcoins havening, now is the perfect time to look at coins that could explode in value when the crypto bull run begins.
One of the biggest developments over the past 12 months has been the AI boom and with this new development, many people are looking at AI crypto projects and tokens that could dramatically increase in value in the crypto bull run.
So today, I am going to look at 2 crypto AI coins that I believe have huge potential to potentially 10x to 100x in value in the upcoming crypto bull run.
In you would prefer to watch a video of me talking about these 2 crypto AI coins, I have placed my video review of these two AI coins below.
But for those for you who prefer to read, below are two of my favourite AI crypto coins that could 10x to 100x in the next crypto bull run.
Fetch.AI
My first crypto AI token is Fetch.ai. This is an exciting AI crypto project where the developers have built smart agents that a business can deploy automatically to automate web3 systems and reinvent business models.
While this sounds like business buzz words, in simple English the team behind Fetch.AI have developed different kinds of smart agents using AI technology that learn and automate business tasks thus making business systems and processes more efficient and hence making a business more efficient and more scalable.
And many of the top crypto influencers such as bitboy crypto have signalled the potential of Fetch.ai to see significant growth in the next crypto bull run which should happen at some point in 2024.
Fetch.AI Tokenomics
So to try and figure out how much the Fetch.ai token can go in terms of price, lets look at the tokens key metrics.
The current circulating supply of the Fetch.ai token is 820,182,406 FET however the max supply of FET tokens is unknown.
The current market cap as of writing this blog post is $163,932,088 however, the market cap when reading thi blog post will be different when you read this post as the market cap changes constantly.
The current price of the FET token is $0.2 and the peak price of the FET token is $0.95.
How has the FET token performed in 2022? The FET token started the year at $0.09 and hit a peak of $0.54 on 7th February 2023 which coincided with chat GPT and AI going mainstream and hitting the media.
If you had bought the FET token at the start of the year and sold at the peak price you would of made a 600% return on your money which is pretty good! If you had bought the FET token at the start of the year and sold it at the time of writing this blog post, you would of made a return of 222% which again is pretty good.
So in order for the FET token to 10x from the current market price, we need to see the FET token hit above $2 per coin from the current market price. In order for the FET token to 100X in price, we would need to see the FET token exceed $20 per coin from the current market price.
In summary, based on how big AI technology will be in the future and taking into account the quality of product that Fetch.ai have built, I think a price of $2 per FET token is certainly possible if not higher if the product has a strong adoption rate.
Akash Network
The second AI crypto coin that has big potential in the next crypto bull run is the Akash Network Token.
I think that this token solves a BIG problem that the AI industry faces and that is computing power.
In order for AI software to reach its full potential, then AI companies are going to need a lot of computing power and this is the big problem that the Akash Network token is looking to solve.
The people behind the Akash Network have built an open source supercloud that lets users buy and sell computing resources securely and efficiently.
Essentially Akash connects users seeking cloud services to infrastructure providers with excess computing power.
Akash Networks cloud services is like the Airbnb of cloud services and it is up to 84% cheaper than rivals such as AWS.
And Akash Networks cloud computing network could be the perfect answer to AI's most pressing problem which is affordable and scalable computing power.
So now you know what Akash Network is, let's look at the coins tokenomics.
Akash Network Tokenomics.
To try and figure out how high Akash Networks token can go in terms of price, we need to look at the tokens key metrics.
The total circulating supply of the token is 162,863,559 and the token has a market cap of $271,447,716 at the time of writing this blog post.
The current price of Akash's token is $1.25 but over the past month or so, the Akash token has rallied from a price of $0.54 since July 20th which is an increase in price of 231%.
Akash tokens peak price was $7.50 on the 5th April 2021 which is 6 times higher than today's price.
Myself and quite a few crypto commentators predict that this token will boom during the next crypto bull run which is fast approaching and it is entirely possible that this coin could 10X in price along with the AI boom and the next crypto bull. run.
To 10X in price, the Akash token would need to hit $12.50 from today's price and would need a market cap of around $2.7 Billion dollars which is entirely feasible.
It is actually possible that this coin could 100X in price if Akash's Network is widely adopted. For this to happen you would need a market cap of around $22 Billion and a price of around $125 per token from today's price.
Whilst nothing is certain in the volatile world of crypto, Akash is looking to solve a big problem especially for the AI industry so the potential for this token is there.
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