In accordance with The Daily Hodl, a well-known crypto analyst, Crypto Capo, predicts that the artificial intelligence (AI) sector within the cryptocurrency market is set to outperform others in the near future. In a recent Telegram thread, Capo highlighted the decentralized cloud computing platform Phala Network (PHA) as a potential breakout leader for AI cryptocurrencies. He has increased his investment in lesser-known AI tokens such as Phoenix (PHB) and Streamr (DATA), anticipating an 'AI season.' PHA is currently trading at $0.354, experiencing a 2.7% decrease over the last 24 hours. Capo also commented on the Ethereum (ETH)/Bitcoin (BTC) trading pair, suggesting that a surge above the 0.041 level could signal a bullish trend for ETH and altcoins. As of now, ETH/BTC is valued at 0.0357. The analysis reflects a growing interest in AI-based cryptocurrencies, with potential implications for the broader digital assets market.
AI Crypto Sector Expected to Outperform, Analyst Highlights PHA, PHB, DATA
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