AI Crypto: The next big thing
AI crypto tokens will surely be the next big thing in the industry, an image of Metaverse mania, Defi boom, or meme coin explosion.
ChatGPT and other AI-based technologies have been viral across social media and the business world. Will this make three altcoins stand-out winners in the next bull market?
Understanding AI Crypto: How trading narratives can bring profit
Narratives are important for incredible rallies or declines, does not matter if they are accurate or not. For instance, the last Bitcoin narrative was aggravated by its use as an inflation hedge. But when the inflation hedge surfaced, the top cryptocurrency was hit by one of its worst downtrends to date.
Other latest narratives include Defi driving Ethereum and similar coins higher, or when Metaverse tokens rose rapidly after Mark Zuckerberg changed the parent company’s name to Mera (earlier Facebook).
NFTs also helped Ethereum and newbies like Solana. Elon Musk made meme coins go viral by just tweeting about it.
The one thing common in all these assets is that the narratives made money while being in markets, it is all that matters. For savvy cryptocurrency investors exploring the next big narrative, you don’t have to look beyond two letters: AI.
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