04.12.2024 13:05:00

Up 137%, Should This Red-Hot Artificial Intelligence Cryptocurrency Be in Your Portfolio for 2025?

Right now, Bitcoin is getting all the attention in the crypto market. And for good reason. Bitcoin soared by nearly 40% in the aftermath of the U.S. presidential election, and is now up 128% for the year. Moreover, it's within striking distance of the psychologically important $100,000 price level.But that doesn't mean other cryptocurrencies are not also soaring in value. The one that's on my radar right now is Bittensor (CRYPTO: TAO), an artificial intelligence (AI) crypto token. It's up 30% over the past 30 days, and 137% for the year, so it's running neck and neck with Bitcoin right now. So should it be in your portfolio in 2025?Bittensor is an open source protocol for the creation of decentralized machine learning networks. The Bittensor token -- known as TAO -- is used to buy and sell digital commodities within the Bittensor ecosystem. These digital commodities are all AI-related, and include things like computing power, data, and machine learning models.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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