Why AI tokens are the best buy in crypto right now
I talk a lot with my readers about the “struggle” to balance a world-class crypto portfolio; there is no better way to protect your digital assets.
Generally speaking, I own three classes of cryptocurrency…
- Bitcoin, of course;
- Layer-1 coins that serve as the infrastructure of the crypto space;
- And the third, but equally important, are artificial intelligence (AI) tokens.
I want to talk to you a little more about these today, because even though crypto is rallying right now, many AI tokens were oversold to – no exaggeration – “cartoonish” levels, and they represent some of the best buys in cryptocurrency right now.
By the time it’s all said and done, I expect a few coins in this space to be worth multiples of today’s insane prices – and I’ll show you why right now…
AI Isn’t the Bogeyman – It’s a Generational Opportunity
I think the term “disruptive technology” has been thrown around a lot – probably too much – in the last decade. It seems like it reached a fever pitch in the bull run after the COVID crash.
Smart exercise bikes? A novelty, of course, but not really that disturbing.
Amazon.com – it’s disruptive. The PC, disturbing. Nuclear power, mobile phones, the Internet – disruptive.
Investment in these technologies has generated trillions in wealth over the past 50 years or so.
Artificial intelligence is truly disruptive. We’ve barely scratched the surface of what it will be capable of, and we’ve seen a trickle of the profits it will generate. For starters, AI makes our computers faster and smarter, it makes our infrastructure work better, logistics and healthcare safer and more efficient. AI also gave scientists a big head start in the battle for a vaccine against coronavirus.
It probably won’t bring us electric psycho killers like the Terminator or HAL 9000, but AI will make some biiiig changes in the labor market. In fact, I’ve said before if you can describe your job, a robot will do it. This is the world we live in. And the world will change very rapidly in the next four to five years.
My AICI colleague David Zeiler cited a PwC story that predicted AI will affect nearly 33% of jobs and 44% of all workers by the middle of the next decade.
If that bothers you, invest even more deeply in AI. The same PwC estimated that technology will add $15.7 trillion to global GDP by the end of the 2020s.
I’ll say it again: $15.7 trillion. It’s with a T.
Only this time, I don’t expect the biggest gains to go to stocks, but to AI cryptocurrencies. At the intersection of AI and the blockchain, there is incredible profit potential.
What AI does, at a basic level, is… learn. To get that job done, it chews up truly massive amounts of data about the subject it’s trying to learn—how to chat like a human, how to direct air traffic, detect cheating, or whatever.
And where can an AI go to access this data? The blockchain will be the ultimate destination of choice because it contains mountains of data, all reliable, transparent and accessible.
It’s like peanut butter and chocolate.
Why AI tokens are awesome
There are tons of applications for AI and blockchain, and forward-looking crypto projects are already well underway.
In just one project that I know of, a researcher or app developer or entrepreneur can request the services of the network’s AI “nodes” to help learn to recognize faces, or process natural human language, for example, or learn to recognize something determined human emotion from a voice test.
I’m simplifying on purpose, but in exchange for open access to that “firepower” or service, the request pays with the native token, much like if you request a pizza in New York or a plate of sushi in Tokyo, you pay in the native currency – dollar and yen.
This is a way to quickly, efficiently and profitably solve some of the biggest challenges in AI today, which is exactly why I am so bullish on AI tokens right now.
The herd, by and large, doesn’t feel the same way – I think they’re sleeping on one of the best opportunities in crypto.
The most expensive of the top 10 AI cryptos right now is still less than $15, and all but two of those 10 trade for less than $1. The two tokens I’ve talked about specifically to AICI member subscribers are trading for less than 10 cents right now, but prices are climbing fast.
The same 10 tokens are all up anywhere from 3% to 22% over the past seven days as part of the broader crypto rally. You will not delay.
You can go right here to learn how to access that model portfolio.
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