On January 23, Microsoft officially confirmed rumors that it will invest in OpenAI, the company behind ChatGPT. Bill Gates’ statements about the future of artificial intelligence had a direct impact on the cryptocurrency market. A crypto analyst closely followed by Turkish investors shares 12 artificial intelligence coins from the Binance list amid the demand for this space.
Here are 12 AI coins listed on Binance for portfolio diversity
Erhan Ünal, a crypto analyst with approximately 400 thousand followers, recently included 12 projects from the Binance list in a flood where he discussed artificial intelligence coins. According to the analyst, “There is a trend towards artificial intelligence-themed tokens. The fact that they have priced more than the others draws attention.”
cryptocoin.com As we reported, this momentum first started with the statements made by Bill Gates about artificial intelligence in a Reddit session before Microsoft’s ChatGPT investment was confirmed. In the following weeks, established AI Tokens such as Singularitynet and Fetch.ai had the opportunity to rally over 200%.
As Erhan Ünal stated, some of the artificial intelligence-themed tokens currently prominent in the Binance list are:
- The Graph (GRT)
- iExec (RLC)
- Ocean Protocol (OCEAN)
- SingularityNET (AGIX)
- Dock (DOCK)
- Phoenix (PH)
- Cortex (CTXC)
- Numeraire (NMR)
- fetch. ai (FET)
- phala. Network (PHA)
- Covalent (CQT)
- VIDT DAO (VIDT)
Consider these when creating a portfolio
Unal, in the continuation of the flood, said that diversity is an important criterion when creating a crypto money portfolio. As the “Million Dollar Strategy Example”, the analyst says the following about the route to be followed in the altcoin market:
Divide the money you set aside for the market in half. Collect altcoins with 50% of the money from the current point, hold the remaining cash in case Bitcoin drops to $ 14,000, and collect altcoins with it when the price comes. Don’t touch your portfolio until 2025-2026 and enjoy being a millionaire.
The analyst then made the following statements, emphasizing the importance of diversity when creating a crypto portfolio:
Is altcoin season over? Is it starting?
Finally, Ünal included a method he used to predict the timing of the altcoin season. The crypto analyst says he follows the channel he outlined below, looking at the OTHERS.D chart, which measures the dominance of the altcoin market against Bitcoin by percentage. Accordingly, an OTHERS.D approaching the lower boundary of the channel at the point where Bitcoin drops to $14,000 could be bullish:
The bearish move to $14,000, which I expect to happen in BTC, will loosen up to the lower band of the channel on the OTHERS.D side. Afterwards, we will be discussing the concept of MEGA BULL.
Erhan Unal
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