AI has been a hot topic for a while. While I do love some of the things it can do it still to me feels pretty far away from removing the human factor. Personally for myself I use AI for various things but they all require work and input from me first before they provide anything worth value in return and in many cases further need human touch to optimize them to useable.
This AI race sparked a massive rally in one stock that was already in a heater. That stock is NVIDIA.
The first massive rally was during the rise of crypto mining of Ethereum. But once that got switched it was going to be hard to find what would come next for the company. Legit thousands if not millions of GPUs now went dormant as they were no longer needed to mine Ethereum and really no other token was worth it to mine.
Since then the stocks been bouncing and has been kind of stagnate to the point of other things starting to take it's place.
The most recent of that move has been crypto AI tokens and projects. Of which one has been the biggest for myself which is AI tokens for agents.
Tokens like FET for example have been doing very well compared to other tokens like Bitcoin and Ethereum.
Tokens like this have been seemingly starting to take the place of a stagnating stock like NVIDIA. Even though NIVIDIA is expected to post a 141% gain year over year the stock feels like it might be over bought now and running the end of it's line in terms of AI trend it's been replying heavily on.
The rest of this year is going to be an interesting one for this sector as many unique factors are going to play into the direction of how crypto and AI evolve in the USA over 2025 and beyond. We will either see more red tap for public companies while most if focused into the security and government sectors or it will balloon out and start to see major adoption across small to large scale businesses which should create massive advancements quickly.
Posted Using InLeo Alpha