Ocean Protocol

Rekt

<div class="dailyhodl">
 A widely followed crypto analyst is diving deep into the altcoin markets, focusing on one popular subsector.
 Pseudonymous crypto trader Rekt Capital&nbsp;tells&nbsp;his 406,600 followers on the social media platform X that the altcoin markets are in a “Q1 hype cycle.”
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">  
 </div>
 “ALTS
 A lot has changed since early February
 Not many were enthusiastic about an Altcoin Hype Cycle whereas now the sentiment is drastically different
 Welcome to the Q1 Altcoin Hype Cycle”
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="wp-image-190710 size-full" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GHmCxCSW4AAh1Xm?format=jpg&amp;name=4096x4096" alt="" width="1063" height="499">
 <figcaption id="caption-attachment-190710" class="wp-caption-text">
 Source: Rekt Capital/X
 </figcaption>
 </figure>
 Zooming in specifically on two popular altcoins in the blooming artificial intelligence (AI) sector, the analyst&nbsp;says&nbsp;the time for AI blockchain Fetch.ai (FET) is now.
 “It’s FET’s day, month and even its year
 New All-Time Highs yet again”
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="wp-image-190710 size-full" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GHl8KOBXYAEyTmx?format=png&amp;name=large" alt="" width="1063" height="499">
 <figcaption id="caption-attachment-190710" class="wp-caption-text">
 Source: Rekt Capital/X
 </figcaption>
 </figure>
 Fetch.ai is a decentralized machine learning network that has been on the rise with the growing prominence of AI tech.
 FET is worth $1.76 at time of writing, up 20% in the last 24 hours.
 Looking at decentralized data monetizing AI platform Ocean Protocol (OCEAN), an AI token that’s up 130% in the last month, the pseudonymous trader&nbsp;says&nbsp;OCEAN is about to confirm a macro uptrend.
 “OCEAN is up 258% since breaking out from its Channel
 And now, OCEAN is trying to break its multi-year Macro Downtrend to confirm a new Macro Uptrendx”
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption aligncenter"><img loading="lazy" decoding="async" class="wp-image-190710 size-full" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GHl8xK5XoAAMC1x?format=jpg&amp;name=large" alt="" width="1063" height="499">
 <figcaption id="caption-attachment-190710" class="wp-caption-text">
 Source: Rekt Capital/X
 </figcaption>
 </figure>
 Ocean Protocol aims to connect data providers and consumers, utilizing AI technology. The OCEAN token is used to make payments as well as secure and govern the network.
 OCEAN is worth $0.952 at time of writing, up 11% on the day.
</div>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/analyst-breaks-down-top-ai-crypto-projects-including-data-monetizing-ai-token-that-s-up-130-in-the-last-month-tbt81333.html">https://thebittimes.com/analyst-breaks-down-top-ai-crypto-projects-including-data-monetizing-ai-token-that-s-up-130-in-the-last-month-tbt81333.html</a>

Analyst Breaks Down Top AI Crypto Projects, Including Data Monetizing AI Token That’s Up 130% in the Last Month

TheBitTimes

Other articles published on Mar 1, 2024

Investors bullish crypto and tech stocks, BofA says

Hacker Exposes Leak of Two-Factor Authentication Codes

Bitcoin and Altcoins Surge, Optimism Grows in Crypto Market

The Teamz Web3/AI Summit Tokyo 2024 Is Counting Down 50 Days

Why Is PlayDapp (PDA) Price Up? Major Exchange Support for Token Swap Draws Investors’ Attention

License Application Deadline Expires for Crypto Exchanges in Hong Kong

Join our free newsletter for daily crypto updates!