TOP Ai Crypto Coins That Will Make Millionaires in 2024 (Decentralized Computing)
TLDRThe video discusses top AI crypto coins with potential for significant returns in 2024, focusing on decentralized computing projects. It highlights the importance of research and diversification to avoid FOMO and potential losses. Projects like Node AI, ORT, and i.net are mentioned, with advice to be cautious of hype and to take profits when appropriate.
Takeaways
- ๐ The AI and decentralized computing sector is growing rapidly, with around 300 projects worldwide having launched tokens.
- ๐ก Quality projects with 5 to 10x potential are becoming harder to find, but there are still opportunities for significant returns.
- ๐ The potential for high returns is illustrated by a project that increased 2400% in 10 days, turning a $1,000 investment into $24,000.
- ๐ธ FOMO (Fear of Missing Out) can lead to significant gains, but also to substantial losses if the market narrative changes.
- ๐ Due diligence is crucial when investing in crypto projects, especially in the AI and decentralized computing space.
- ๐ Partnerships with big tech companies like Nvidia or AMD do not guarantee success and should not be the sole reason for investment.
- ๐ Node AI's claim of 28 active nodes with 57 GPUs and $4 million monthly revenue contrasts with Twitter data showing a 24-hour revenue of just above $11,000.
- ๐ฅ Projects like ORT and Blender are developing plug-and-play devices for the mining and passive income niche, which could be highly appealing to investors.
- ๐ Destra Network and OBS have shown significant growth and are involved in decentralized GPU solutions and AI computing.
- ๐ i.net is set to be the largest decentralized computing project, with over 10 times the GPUs of its competitors, and is expected to have a massive market cap upon launch.
- ๐ The upcoming launch of GPU Donnet focuses on a node specific to decentralized computing, with a public node sale scheduled for April 5th.
Q & A
What is the main focus of the video?
-The main focus of the video is to discuss top AI crypto coins and decentralized computing projects that have the potential to provide significant returns, as well as to offer advice on how to approach these investments cautiously.
How many AI and decentralized computing projects are mentioned as existing in the world?
-There are at least 300 AI and decentralized computing projects mentioned as existing in the world.
What does the speaker advise viewers to do when investing in crypto projects?
-The speaker advises viewers to do their own research, diversify their portfolio, avoid FOMO (Fear of Missing Out), and not be afraid to take profits.
What is the significance of the Node AI project mentioned in the video?
-Node AI is a decentralized AI computing project that has gained significant traction, with a reported 2,000% increase in value over the course of a month.
What is the speaker's concern about projects claiming to be partners with Nvidia or AMD?
-The speaker is concerned that projects claiming to be partners with Nvidia or AMD may be overstating their partnerships, as it is relatively easy for anyone to become a partner and it does not necessarily indicate the quality or legitimacy of the project.
What is the potential issue with the number of nodes reported by Node AI?
-The potential issue is that Node AI claims to have 28 active nodes with 57 GPUs and a monthly revenue of $4 million, but there are discrepancies in the reported figures, such as only 10 GPUs visible and a different monthly revenue reported on Twitter.
What is the speaker's opinion on the ORT project?
-The speaker believes that ORT has a lot of upside potential, despite its fully diluted market cap being relatively high. The speaker is interested in the project due to the background of the founder and CEO, Max Uhlee, and the unique approach of the project.
What is the significance of the Blender project in the context of the video?
-Blender is significant because it is working on a device called Blender Box X1, which is aimed at the GPU rendering and decentralized cloud computing niche. The project has gained popularity and has a strong team behind it.
What is the speaker's advice regarding the fear of missing out (FOMO) in the crypto market?
-The speaker advises viewers not to let FOMO drive their investment decisions, as it can lead to impulsive choices and potential losses. Instead, they should remain cautious and make informed decisions based on their own research.
What is the speaker's view on the i.net project?
-The speaker views i.net as an extremely promising project, being the largest unlaunched decentralized computing project with over 10 times the GPUs of other major projects. The speaker anticipates a significant market cap upon its launch and plans to cover it in a dedicated video.
What is the speaker's warning about projects that may be overexaggerating their partnerships?
-The speaker warns that some projects, like OBS, may overexaggerate their partnerships, which can be misleading. Viewers should be cautious and conduct their own due diligence when evaluating such claims.
Outlines
๐ค Exploring AI and Decentralized Computing Projects
The speaker introduces the topic by mentioning the vast number of AI and decentralized computing projects available, with around 300 having their own tokens. The challenge of finding quality projects amidst this abundance is highlighted. The speaker aims to discuss some top projects with significant growth potential, sharing personal experiences of success in these projects. A cautionary note is added about the risks of FOMO and the potential for substantial losses in the volatile crypto market. The importance of due diligence, diversification, and profit-taking is emphasized.
๐ฅ Navigating the Hot AI Narratives and Projects
The speaker delves into the difficulty of discerning quality projects as AI narratives gain popularity. The first project discussed is Node AI, which has seen significant growth. However, skepticism is expressed regarding claims of partnerships with major tech companies like Nvidia or AMD. Discrepancies in the project's reported revenue and node numbers are pointed out. The speaker advises viewers to be cautious, even when projects are endorsed by influencers, as these endorsements do not guarantee success.
๐ Projects with Upside Potential and New Developments
The speaker highlights several projects with notable potential, including ORT, which has a strong team behind it, and Blender, which is set to release a device that could capitalize on the growing interest in decentralized GPU rendering. The early stages of these projects are emphasized, as they offer significant upside potential. Destra Network and OBS are also mentioned, with the former being new and the latter having overemphasized partnerships in the past.
๐ Upcoming and Massive Projects in the Decentralized Computing Space
The speaker discusses upcoming projects like i.Net, which is set to be the largest decentralized computing project with a significant number of GPUs. The anticipation for its token launch and potential airdrop is highlighted. Chlori is mentioned for its impressive number of machines and transparency. NCO Cloud, despite its smaller market cap, has shown significant growth and is expected to have a promising future. The speaker also mentions GPU Donnet, which is yet to launch and has a focus on Kol's, with a public figure behind it.
๐ Final Thoughts and Reminders on Decentralized Projects
The speaker concludes by reiterating the importance of not falling prey to FOMO and conducting thorough research before investing in any project. The potential of projects like Aether is mentioned, comparing it to the upcoming GPU Donnet. The speaker advises viewers to be cautious, especially with new projects, and to keep an eye on those that are yet to be released. The video ends with a call to action for viewers to share any projects not covered in the video and to stay invested.
Mindmap
Keywords
๐กAI Crypto Coins
๐กDecentralized Computing
๐กToken Launch
๐ก5 to 10x Opportunities
๐กFOMO (Fear of Missing Out)
๐กNode AI
๐กGPU (Graphics Processing Unit)
๐กRoadmap
๐กDiversification
๐กi.net
๐กAirdrop
Highlights
The video discusses top AI crypto coins with potential for significant returns in 2024, focusing on decentralized computing projects.
There are around 300 AI and decentralized computing projects with tokens globally, with many more yet to launch.
The presenter, Alex, emphasizes the importance of conducting thorough research before investing in any project.
Alex shares his personal experience of achieving 5 to 10x returns in some projects and the potential for more upside.
The video cautions viewers against FOMO (fear of missing out) and the risks of investing in extremely popular narratives.
Node AI is highlighted as a popular project with a significant increase in value over a short period, illustrating the potential for high returns.
Alex warns viewers to be skeptical of projects claiming partnerships with major companies like Nvidia or AMD, as these partnerships may not hold much weight.
The video mentions ORT, a project with a strong team behind it, including its founder Max Uhle, who has an impressive background.
Blender is discussed as a project with a device in development, the Blender Box X1, which could potentially offer passive income opportunities.
Destra Network is presented as a relatively new project in the decentralized cloud solutions and AI computing space with potential for growth.
OBC (Obsidian) is noted for its successful performance despite some controversies surrounding its partnerships.
i.net is teased as the largest unlaunched decentralized computing project, with expectations of a massive market cap upon its token launch.
Chlori is highlighted for its transparency and impressive number of active machines and GPUs, indicating strong potential.
NCO Cloud is mentioned as a smaller cap project with significant year-over-year growth and upcoming developments.
GPU Donnet is introduced as an upcoming project with a focus on KOLs (Key Opinion Leaders) and a public node sale scheduled for April 5th.
The video concludes with advice to diversify investments, avoid FOMO, and take profits when appropriate to manage risk in the crypto market.