As Dogecoin Surpasses Entire AI Crypto Sector, Crypto Analyst Emphasizes 'A Trillion Dollar Opportunity': 'You Are STILL Early'
Portfolio Pulse from Bibhu Pattnaik
Dogecoin (DOGE) has surpassed the entire AI crypto sector in market capitalization, according to cryptocurrency analyst Miles Deutscher. Despite AI's potential, Deutscher warns that many AI-themed cryptocurrencies leverage the term 'AI' more for hype than actual technological advancement. He predicts AI will become one of the top sectors in the future but also cautions about the rise in AI-based scams. DOGE's price was up 24% in the last seven days.
March 10, 2024 | 2:21 pm
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Dogecoin (DOGE) has outperformed the entire AI crypto sector in market capitalization, with its price increasing by 24% over the past week.
The news highlights Dogecoin's significant market cap growth, outpacing the entire AI crypto sector. This achievement, coupled with a 24% price increase in the last week, suggests a positive short-term impact on DOGE's price. The emphasis on Dogecoin's performance, despite the speculative nature of AI-themed cryptocurrencies, indicates strong investor interest and market confidence in DOGE.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100