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| Name | AKASH NETWORK WILL SKYROCKET - Best AI Crypto Altcoin (AKT Price Prediction, Should You Buy Now?) |
| Video Uploader | Video From Crypto Kai |
| Upload Date | This Video Uploaded At 27-02-2024 17:30:03 |
| Video Discription | For those not familiar, Akash is building a revolutionary decentralized cloud computing marketplace, utilizing under-utilized computing power from data centers and individuals to create a truly decentralized and sovereign cloud ecosystem. Now I'm incredibly bullish on AKT for several key reasons that make it a perfect fit for the biggest narratives taking over crypto in 2024 and 2025 - AI, DePIN, and cloud computing. Let me explain: First off, Akash's decentralized cloud model is a game-changer for AI development and deployment. Rather than being beholden to centralized cloud providers like Amazon, Google and Microsoft, AI companies and developers can access vast distributed computing power on Akash at much lower costs. This enables more democratized access to the immense processing required for training large AI models, computer vision workloads, running complex simulations, and more. DePIN applications and DAOs needing cloud infrastructure will naturally gravitate to Akash. Plus, the decentralized nature improves security, censorship-resistance and data sovereignty compared to traditional cloud offerings - absolutely crucial for emerging AI use cases that require robustness. Now in terms of the project itself, Akash has an incredibly strong and accomplished team behind it. Founders Greg Osuri and Adam Bozanich both have decades of high-level experience at major tech companies and even the World Bank. The team has demonstrated exceptional execution, already deploying over 200,000 cloud compute nodes across the globe with major partnerships and customers like Skynet, Chainstack, Videfi, Claim Club, Cosmos and more. Perhaps most impressively, Akash has attracted investment from some of the smartest capital in the world of web3 and DeFi like Arrington Capital, Cosmos VC, Lunie and many more - these are investors known for doing extremely deep diligence. Speaking of investment and tokenomics, I believe AKT is still dramatically undervalued at its current tiny $900 million market cap based on its immense growth potential. Even a relatively conservative 10x from here puts its valuation at just $9 billion - a drop in the bucket compared to the trillions of dollars making up the global cloud computing industry that Akash is positioning itself to capture market share from. When you consider Akash's first-mover advantage in decentralized cloud, powerful macro tailwinds, and flawless team execution so far, I actually see a $50 billion or greater valuation being quite realistic in the next few years. That equates to over a 50x potential return for today's AKT investors who are still extremely early to this generational opportunity! So to summarize, with its decentralized, AI-optimized cloud computing platform led by a world-class team and backed by some of crypto's most respected investors, Akash Network is in prime position to be one of the biggest beneficiary narratives around AI, decentralization, and cloud in 2024/25. Given its still tiny $900m market cap, I'm incredibly bullish on AKT being a potential 20x, 50x or even higher return from current prices. It's an asymmetric bet I'm absolutely convicted on for the longterm. Let me know your thoughts on Akash below! NOT FINANCIAL ADVICE ------------------------------------------------------------------------------------------------------------- Tags: akash network, akash network ai, akash depin, akash ai, akt ai, akt depin, akt, akash token, akash crypto, akash coin, buy akash, akash price prediction, akash network price, decentralized cloud, cloud computing crypto, akash market cap, akt coin explained, akash decentralized internet, akash tokenomics, akash use cases, akash staking, akash coin 2025, akash coin 2030, akash network potential, top defi tokens, hidden gem altcoins, undervalued cryptocurrencies, akash competitor, akash vs aws, akash vs google cloud, akash vs microsoft azure, akash coin reddit, akash news, akash coin next solana, best web3 projects, akash coin partners, akash token value, akash token analysis, akash crypto outlook 2023, decentralized cloud explained, akash market outlook, akash coin foreacast, akash network fundamentals, can akash reach $100, will akash make me rich, akt coin, akt crypto Hastags: #crypto #altcoins #akashnetwork #bestaltcoins |
| Category | Education |
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