That blue-chip client base is an indication of its service quality. The company already has clients that include the likes of AmSpec and IBM (NYSE: IBM). Limited supply can push the coin price higher as strong business developments continue. It’s also worth noting that Vidt has a maximum supply of just 56.7 million coins. However, at over 70 cents, the crypto is still attractive from a long-term perspective. In the last year, the Vidt coin has surged by almost 845%. Therefore, organizations will not find it challenging to adopt the company’s blockchain-powered document certification and protection service. Last on my list of cryptocurrencies is Vidt, another interesting name to consider out of all the altcoins.Īs a business overview, Vidt Datalink protects digital data of organizations against fraud and manipulation. The unique feature of the company’s application is that V-ID - its main blockchain component - is compatible with any existing system without impacting the workflows. From that perspective, Filecoin is one of the better crypto picks. So, it makes the most sense to invest in coins that are backed by a strong business plan. In the altcoin world, there are thousands of names to choose from. As of today, the global community of Filecoin miners has. “Fewer than four weeks after its mainnet launch, the Filecoin network is celebrating a major milestone. When it comes to its business progress, the following company note is already encouraging: The coin, FIL, is a relatively new listing on exchanges and I believe that the altcoin has potential to deliver robust long-term returns. The company is among the few decentralized cloud service providers in the world. This is where Filecoin becomes interesting as an investment. These names are all part of the centralized network of cloud service providers. However, the market is dominated by only a few players, including Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOG, NASDAQ: GOOGL) and Alibaba (NYSE: BABA). The cloud computing market is already big and is growing at a healthy pace. Right now, it looks undervalued at current levels. So, clearly AGI’s industry is attractive. In terms of products, this altcoin offers one of the largest open AI marketplaces in the world. Ben Goertzel is the CEO at SingularityNet and the “AI pioneer behind Sophia the Robot.” Therefore, the team is high on innovation with a vision to bring decentralized AI to companies. However, one of the biggest reasons to be bullish on AGI is the team behind the business. I would not be surprised if the crypto delivers multifold returns from current levels. Currently, AGI trades at 5 cents with a circulating supply of over 950 million coins. SingularityNet is the world’s first decentralized AI network. That growth will likely remain strong in the next five years.
Amp coin to 1 software#
For the current year, the global AI software market is expected to grow approximately 54% year-over-year (YOY). Artificial Intelligence ( AI) has been the subject of much interest and investment opportunities. So, let’s delve deeper into these three promising crypto picks:ĪGI crypto is among the smaller names in the altcoin industry, but it has big potential. But looking further into the world of altcoins, I found some attractive medium- to long-term opportunities that I think can outperform Bitcoin in the future.
A 10% to 15% allocation to cryptocurrencies could boost any portfolio returns.Īccording to data from CoinGecko, there are over 6,000 coins listed in 417 exchanges. For example, Ricardo Pliego has invested 10% of his liquid portfolio in Bitcoin. Therefore, it makes sense to allocate some funds to alternative coins (altcoins). Even BlackRock CEO Larry Fink noted that Bitcoin could “evolve into a global market” asset. And clearly, cryptocurrencies are here to stay. I believe that asset class diversification is important. I would not be surprised by that, especially considering its supply is limited to 21 million coins. More recently, a similar opinion came from investor Mike Novogratz, who said that the infamous cryptocurrency could potentially hit $65,000. For instance, back in October, billionaire hedge fund manager Paul Tudor Jones opined that Bitcoin’s rally is still in its “first inning.” With Bitcoin having surged 156% year-to-date (YTD) in 2020, there is clearly a growing interest in the crypto asset class among investors.
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