Considering Crypto Trading? Explore These Cryptocurrency Options – Details

Are you planning to trade cryptocurrencies? (Image source: iStockphoto)

In the ever-evolving landscape of cryptocurrency marketBitcoin's value rise by 60 percent so far this year has paved the way for an exhilarating bull run, prompting investors to diversify into promising narratives.

Bitcoin sparks bull run and diversification

Vikram Subburaj, CEO of Giottus Crypto Platform, suggests that the emergence of AI as a global trend is the next important narrative, and that cryptocurrency-based AI tokens have the potential to revolutionize the decentralized scaling of AI solutions.

AI emerges as the next Crypto Trend

According to The Economic Times report, Subburaj identifies Render (RNDR) and Fetch.ai (FET) as pioneers in this burgeoning space. RNDR operates as a decentralized GPU network, allowing users to lend idle GPUs for AI services, a concept with substantial growth potential. With a current market capitalization of $3.7 billion, RNDR could see a 5-8x rise over the next two years.

RNDR: Revolutionizing AI with a decentralized GPU network

Meanwhile, the Fetch.ai (FET) ecosystem facilitates decentralized AI services, allowing companies to create AI agents that interact using FET as a utility token. Subburaj highlights FET's resilience during bear markets and, with a current market capitalization of $2 billion, is poised for scalable growth similar to RNDR.

DePIN: Revealing the potential of decentralized physical infrastructure networks

The report adds that in addition to the AI ​​narrative, Subburaj highlights the potential of the DePIN (decentralized physical infrastructure networks) sector, characterized by blockchain protocols that manage physical hardware infrastructure in an open and decentralized manner.

Arweave (AR) – Meta-backed decentralized storage

Arweave (AR), which addresses decentralized storage and is backed by Meta (Instagram), has demonstrated strong technology and partnerships, seeing a four-fold increase since January 2024. Subburaj suggests a potential 6-8x growth for AR , emphasizing medium risk but the associated considerable returns. with DePIN assets.

(Disclaimer: The above article is for informational purposes only and should not be considered as any investment advice. TN NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

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