[SERIOUS] Prediction: Artifical Intelligence related cryptocurrencies will explode in 2023/2024, similar to how the Metaverse did in 2021

Artificial intelligence (AI) "leverages computers and machines to mimic the problem-solving and decision-making capabilities of the human mind". The goal of artificial intelligence "is to get a computer to think independently and make better decisions than a human does".

I believe that AI related cryptocurrencies are going to explode during the next cycle, whenever that might be, similar to the metaverse in 2021. What do AI cryptocurrencies do? Read here. Let me provide three arguments below.

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Argument 1: AI tech is developing fast

The AI tech started developing rather slowly back in the 1950s.

https://preview.redd.it/mjgsgr0pym8a1.png?1900&format=png&auto=webp&s=5317da6d5335a12658886daf98e80e1893df4933

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https://preview.redd.it/mbwfq73o3n8a1.png?1200&format=png&auto=webp&s=b1d8ff0440fe21e09168b0439f44afb617c4df95

There are major improvements in every AI-related field. ChatGPT is just the most recent example, which is a chatbot made by Elon Musk's company OpenAI. I would recommend you to read this article or this article for more details.

Many major companies are leaders in AI development, such as Amazon, Microsoft, Google, IBM, Amazon, and Apple.

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Argument 2: A powerful narrative

An argument that flows from argument 1 is that there is and will be a strong narrative for artificial intelligence. This narrative will only become stronger as more major AI developments emerge. We saw the power of a narrative with the metaverse in 2021. It really didnt matter what the cryptocurrency project use-case or tokenomics were, any metaverse project exploded. Crypto never wastes a good narrative to get retail to buy high.

News agencies are already fostering the AI narrative. There are tons of articles about AI and AI stocks. Two examples:

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https://preview.redd.it/yafne12r0n8a1.png?846&format=png&auto=webp&s=827a1aaed7b8454c9df7317a14e77552c6847956

https://preview.redd.it/w74eynut0n8a1.png?854&format=png&auto=webp&s=e9cce334f90cff6120556663f9e53e97d43c1dae

Similarly, you are slowly seeing this narrative pop up on social media (crypto twitter). Accounts like Cryptocevo, who identified the metaverse hype very early, are accumulating and sharing it with the rest. This trend is increasing but still not mainstream at all yet. Note that I mention this because I have not seen any of the real shillers promote AI yet, just the smaller accounts that did well identifying other trends before.

The narrative will be much stronger than the metaverse. Ai will really change our lives.

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Argument 3: Price action

There are quite some AI-related cryptocurrency coins. These coins are doing relatively well in the bear market. Even today, most AI-related cryptocurrency coins are holding better than the rest of the market. Most are even green on the day while every other alt is red. Some examples here with % losses/gains over 1 day, 7 days, and 30 days. I also added how much these coins are up from the 2022 low.

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https://preview.redd.it/02anawonzm8a1.png?670&format=png&auto=webp&s=a5c507d0c43391728e5e186814afcf26c6795fcf

This reminds of the projects that held well during 2021 summer, like SOL and FTM; these were the projects that did the best once the dust settled because they were being accumulated.

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DISCLAIMER: Please, please do not buy anything because I say it. Im just a random person on the internet who knows shit about fuck. I am also not shilling my bags. I have only a small bag of one of the smaller AI coins so far. Mostly curious what you think.

EDIT: hey downvoters. I am not saying that cryptocurrency has a great usecase for AI. I am making a case for a narrative that will pump coins regardless of utility, fundamentals, and tokenomics.