Which AI tokens are suitable for Buy the Dip in a downtrend?
We are at the end of the second wave, and most AI projects have collapsed by 80%-90% from their initial stages, making this the best buying opportunity before entering the third wave of artificial intelligence.Original Title: Shawred X Account
Author: Shawred (₿, τ)
Compiled by: Deep Tide TechFlow
Currently, AI tokens present excellent buying opportunities in the market. I believe these tokens will perform exceptionally well in the upcoming utility bull market and become market leaders.
To help everyone better understand and choose suitable investment targets, we categorize AI tokens into three types:
- Safe Play: Expected returns of 10x to 20x.
- Decent Play: Expected returns of 20x to 50x.
- Degen Play: Expected returns of 50x to 100x.
This is an unbiased review of AI × cryptocurrency.
Since the start of this bull market, artificial intelligence has been the hottest and most profitable niche market, alongside meme coins.
The launch of OpenAI and the ousting of Sam Altman triggered two major waves of artificial intelligence, leading to a plethora of launches in AI and cryptocurrency, while also generating numerous scams.
In the first and second waves of AI, many projects provided exponential returns for early investors but resulted in significant losses for later entrants.
Each wave has different sub-catalysts, narratives, and patterns driving the trend of AI development.
In the first phase, people held a negative attitude towards this niche market, viewing it as a short-term hype. Most gradually forgot about it until they encountered projects like $TAO, $RNDR, and $AKT, which were actually adding value and had real use cases to drive the development of cryptocurrency × artificial intelligence. During this phase, GPU computing-related projects like $RNDR and $AKT, as well as AI first-layer chains like $FET and $ORAI, received significant hype.
Some of these projects were listed on Binance perpetual contracts, further fueling the AI craze and leading to massive liquidations, helping the AI hype to persist. When the first wave of AI ended, most projects crashed by 85%-90%, and some CT cults claimed they predicted AI was just a short-term illusion, boasting about being right. Most people discarded their AI stocks, but a few did not lose faith.
The second wave of AI began with the ousting of Sam Altman, attracting genuine attention from mainstream individuals and venture capital. During this phase, many new AI projects emerged, including tax tokens, leading to numerous scams.
In this phase, projects like $PAAL, $ENQAI, $AGC, and $NMT launched successively, providing exponential returns for individuals who paid attention and conducted research. One advantage of this phase is that it was not dominated by venture capital firms but led by on-chain retail investors.
I believe we are at the end of the second wave, with most AI projects having collapsed by 80%-90% from their starting phase. This is the best buying opportunity before entering the third wave of AI. I categorize it into three types: based on funds, teams, and risk-reward ratios.
- Safe Choices
- Decent Choices
- Aggressive Choices
Safe Play Strategy
@zero1_labs $DEAI is a decentralized AI ecosystem focused on empowering developers in the AI field by providing tools and support.
- Publicly identified team
- Continuously building new partnerships
- Removing 82-90% of supply from circulation over the next 12-18 months
- Market Cap: $25 million
- Price: $0.25
The $DEAI team continues to grow and establish new partnerships. They recently made significant changes to the token vesting schedule to prevent new token supply from reaching market levels before 2025-2026. I believe in $DEAI; it could break the $2 mark in the next wave of AI.
@fluence_project $FLT has been supported by @multicoincap and other prominent venture capital firms since 2017, being the first decentralized cloudless computing project with no major unlocks before February 2025.
- Market Cap: $20 million
- Price: $0.35
$FLT is currently one of the most undervalued AI + DEPIN projects. It has great potential to perform like $AKT and $RNDR. Despite the team's minimal marketing efforts, it has managed to build a decent community, and the team is very active in product development.
@NetmindAi $NMT is a decentralized AI ecosystem that offers various products, such as computing services, model training, chat services, etc., including AI + DEPIN + GPU.
- Winner of the UK Business Technology Award
- Experienced team with human search experience
- A true AI company that does not solely focus on cryptocurrency
- Market Cap: $200 million
- Price: $5.6
I believe $NMT will be one of the top 5 AI projects by the end of this bull market. It allows users to rent computing power at an affordable cost to train machine learning models, making it accessible to the public.
@opentensor $TAO is a decentralized AI network that facilitates a market-driven ecosystem for machine intelligence, where peers evaluate and incentivize valuable work.
- Top 2 Crypto × AI projects
- Publicly identified and experienced team
- Listed on top exchanges
- Great community
- Market Cap: $1.9 billion Price: $275
$TAO is the leader in the Crypto × AI narrative, and in my opinion, it is the safest bet in AI. It was recently listed on Binance and other top exchanges, which can inject more liquidity and drive its price up in the next wave of AI. I believe $RNDR and $TAO will still be the top two leading AI projects.
Decent Play Strategy
@Spectral_Labs has developed AI and blockchain tools like syntax that allow users to easily create on-chain agents by converting natural language into code.
- Publicly identified team
- Supported by well-known venture capital firms
- Listed on top exchanges and foundational chains
- Market Cap: $65 million
- Price: $6.2
Spectral Labs provides infrastructure tools for creating autonomous agents on-chain. Most $SPEC tokens are locked until November, so there will be no internal selling pressure. This is a reliable AI bet on foundational chains that will perform well during the AI season.
@PhalaNetwork $PHA acts as an AI co-processor for the blockchain, utilizing TEE to handle sensitive computations off-chain while maintaining verifiability through the blockchain.
- AI agent contracts and co-processing
- Listed on Binance
- Publicly identified team
- Market Cap: $88 million
- Price: $0.12
@SturdyFinance $STRDY is the first DeFi subnet on $TAO supported by @SoftBank, @PanteraCapital, and @ycombinator.
- DeFi lending platform
- TVL over $30 million
- Market Cap: $5 million
- Price: $0.83
- I believe it will shine during the AI season and is currently the best $Tao testnet play.
Aggressive Play Strategy 50X-100X Returns
@shog_AGI is attempting to build a distributed and open-source AGI. It provides a set of tools and datasets to build and train models while also offering some incentives for users.
- Market Cap: $8 million
- Price: $0.04
I believe it will be tough when the AI season returns; not many people are talking about it. @balajis has been promoting this project since last year, even before there were any tokens. Recently, he indirectly released related information on Twitter. I believe it is still too early, and $SHOG has a long way to go.
Artificial intelligence is the next major technological revolution, and I believe cryptocurrency × artificial intelligence will play a significant role in it. Although cryptocurrency operates in cycles, people buy, sell, and profit during these cycles.
Due to a lack of funding and interest, most projects suffer losses during bear markets, and most will slowly fade away after this bull market, with only a few projects surviving. Therefore, do not FOMO, and do not hold with the mindset of forever holding.
Profit with the trend.
