Grayscale, one of the largest players in the crypto world, just launched a new fund for AI coins! Today, Deezy reveals which coins are being added to the latest fund. This is your chance to front-run Wall Street, instead of the other way around!
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Smart money is investing in these five Altcoins and the reason why is grayscale Just launched an artificial intelligence Focused crypto fund and the AI tokens Are a part of this fund is going to be Near render bit tensor towel file coin And live Pier for the five tokens now One of these alt coins is going to Outperform its other four peers and in This video we're going to explain why Now with this grayscale fund it's Important to note this is only open to Accredited investors who must have a net Worth of at least million so only open To the accredited investors to invest in This fund with the five coins now we Have the details for this fund now Grayscale has a little bit of a Different waiting for all the five Tokens here let me go ahead and scroll Up so you can see near is the biggest Holding with 31% followed by filecoin With a 30% render has a 26% weight live Pier is 99.13% and then bit tensor tow coming in Right under 3% there now let's break Down the five coins and then I'll tell You which of these five coins I think is Going to be the fastest horse in this Race now starting with the smallest Market caps and then we'll end with the Largest the smallest market cap is live Pier Live Pier it's important to note is Only 9% but with the smallest market cap
There could be a lot of movement with This token live Pier right now has about A half a billion dollar market cap 534 Million and if you look at their token Supply the tokens are out everybody all 33 million have been released now when When we hit the Max on the price chart You can see well this token was much Much higher in the past and when we Click on market cap you can see okay Only a few more tokens released today Versus the top right there now the price At one point was just a little under $80 With the price right now only 16 Definitely a lot of upside but what's The deal with live Pier what what Exactly are they doing I'll tell you why I'm maybe a little bit hesitant here Live Pier is a decentralized network for Video infrastructure for live and On Demand streaming provides a marketplace Where they can access streaming services Like transcoding or video streaming Integrations for applications now this Is going to be very very small Niche uh Market that they're trying to apply to And for that reason you know maybe uh it Can't just get as big as you know maybe A render or maybe some of the other Coins on that list but not only that Because they're you know maybe trying to Provide the the cheapest access to video Broadcasting applications and Integrations maybe the video streaming
Services won't be up to par with you Know some of the 4K offerings from an Amazon or even a YouTube or maybe even Some of the live streaming services and With streaming content if the frame Rate's a little choppy if it doesn't Look quite as good people might abandon It and so it's going to just be some Headwinds that they're going to have to Face but Their audience is going to be Think of Church live streams and stuff Like that so you know a little bit Niche It's not going to be the person Streaming in their basement but still The lowest of the five market caps now The next token by market cap is going to Be bit tensor Tow and if we look here You can see tow is by far the smallest Offering here it's only 3% of the fund And so per each share there's only a Fraction of a towel you can see right There that's a lot of zeros after the Decimal point there now bit tensor we go To the max chart all right we are now in A little bit of a bounce all of the Coins have recently had a local low We're going to cover the local low uh You can see it right there the local low Is going to be important later in this Video it's how I determine maybe the Fastest horse in this race here now a Bit tenser you know at one point it was Around $700 we look right now only $ 325 So definitely some room to the upside
You look at market cap you know pretty Much you're seeing a lot of the same Story here about 4 and a half billion Right now here above two billion so you Know you're looking at a 2X which is Pretty close uh rank for the price and The market cap there now this thing has Been on a run lately it is way up and The thing about bit tensor that got Everybody excited is it is pumping post Hack that is right the reason you're Seeing so many pumps here is the hack Actually depressed the price there now I'm you know I don't want to get into The hack too much it you know relatively Small All Things Considered here but This is just a couple weeks ago they had A series of wallet hacks this one Resulted in a loss of $8 million worth Of towel it came just a month after Another wallet breach led to a loss of $1 million and if you go you know just Read in the interwebs right here a lot Of people are still bearish since There's so many hacks in the recent past There but because it dumped so hard it Also pumped kind of hard so if you Weren't scared and you bought that dip You are up considerably but if you go Into the comments people are pretty Bearish on this project there so you Know for that reason I would maybe Hesitate it isn't one of the fastest Horses here folks all right next token
Is going to be render by market cap Render is 26% of each share you buy of This investment vehicle here and if we Go to render well render is also way Down from its high look how far this Thing has fallen just in recent memory Here now this is going back you know all The way back to 2020 it's a slightly Older coin as far as AI coins go but we Are down over 50% just from the local High that we had in March just a couple Months ago you go to three-month chart Here you can see we are just now getting Out of our local low it has been beaten Down and beaten down recently everybody Right now sitting around $6.38 now the tokens still got you know Considerable amount of about 130 million Yet to go 140 million 392 million have Been released out of 532 but I am Bullish on render maybe it's that horse Everybody I'm going to tell you at the End of the video why am I bullish on Render because the whales are bullish on Render so not only do we have it added To this investment vehicle that only Whales can buy the whale activity was Telling us the news ahead of time and so We just got the news of the grayscale Investment vehicle yesterday but this is Days old so the whale transactions Valued at a million dollar and above Started jumping on the 14th of July so The whales I'm not saying they had
Inside info but the whales were bullish On this they started accumulating and as Of now they are still holding on to Their render token so the crypto Big Wigs they've been buying more render so I'm quite bullish on render and again at The end of the video I'll show you the Breakdown and what I think is going to Be the best performing token now let's Go to filecoin filecoin is down a bit Today it is down 4% even though we got Some good news fcoin you can see it is 30% is the second largest holding in This grayscale product and we go and Look at the coin well filecoin I'm Pretty bullish just on that industry as A whole filecoin is going to be for Storage part of the dpin narrative Deepin decentralized physical Infrastructure Network it's going to be The backbone of AI so when you have ai Running on the blockchain dpin is is the The people underneath holding it up now So when you think of AI and crypto d is Going to be the foundation of what it is Built upon so right now you can see Market cap 2.5 billion but there's still A lot of tokens the fully dut valuation Is considerably higher 8.6 billion I Easily think filecoin can hit 20 billion This cycle and if we look at the local Low that thing is also you know up Considerably from there that thing fell All the way down to $3 about 30 there
And we are now up to 443 now if you go To the max now that's a scary looking Chart especially when you go to market Cap there you can see oh my God we're Two 2 and a half billion you know one Point we about 12 billion and when you Look at the price you're like whoa whoa Whoa whatever happened to my 30X uh the 30X kind of disappeared well a lot more Tokens are out today so filecoin you Know finally maybe uh hitting its floor As far as uh the supply shock you know Affecting that price to the downside and We're going to just be you know watching This closely as well especially after Maybe found a little bit of support and Kind of just hanging out in this little Range right now now the reason I'm Bullish on filecoin and just storage in Particular is video streaming content Now it's important for two reasons one We got all the streaming applications Like a YouTube like a twitch they're all Upgrading how they stream the video you Watch and this is just a breakdown of a Resolution comparison chart obviously 8K Is going to have a lot more resolution Than say HD 1080P or even 4K but what People don't know is how big a Difference it actually is when you break Down the pixels full HD is only 2 Million pixels in total 8K is 33 million Pixels in total so when they're Streaming an hourong movie to you we're
Looking at a 15x in data with this Streaming and so as video content just Gets sharper and sharper and sharper the Storage needed for these movies for the Streaming for these your favorite Unboxing or your favorite candy videos Or your favorite Mr Beast video it is Just going to require exponentially more Storage and so this is going to be very Bullish for filecoin in the long run and When we start having AI create video Content that's when everyone's just Going to be making multiple hourong Videos potentially every day and so this Is just a very very very bullish Narrative for me all right now let's go To the largest coin and the largest one By weight here as well and that's going To be near coin we are bullish on near Here is going to be about 32% of each Share and if we look at near well near We were telling you to buy I got my near Pretty cheap now when we look at the max Chart I feel like I got in pretty good You know we got in uh pretty close to a Dollar I want to say and let me know Down below if you got in below a dollar There's some people who actually got in Cheaper than that now near has been way Up from its local low but if we look at The recent low it is also up a Considerable amount up about 50% you can See that it was around $4 and then now Is sitting there right around $68 above
Now near is going to be bullish and the Reason why I'm bullish on near is it has Been defying the trends one of the Things you can use for a bull run is What's a hot coin is when Bitcoin dumps Does that coin also pump and when Bitcoin pumps it pumps alongside with it Near is one of those coins this is from A couple weeks ago uh this is the end of June that was last month meanwhile Altcoins like Ono blast and near Generating positive attention so while Bitcoin was dumping near along with a Couple other strong coins they were Pumping and so near is going to be a big Big winner this cycle now I told you my Favorite coin I was going to reveal it At the end and this is just a little Breakdown I did I dusted off my old Accounting degree here and we got all The assets broken down lowest market cap On the top top biggest market cap on the Bottom this is the local lows that I've Been talking about all of these you know Within about the past month and then This is the current price now we're Going to look at the local low and the Current price and see how much of a pump Has already happened I don't want the Thing that's pumped I want the coin That's about a pump when I look right Here I can see render hasn't really Pumped that much a couple of these coins 50 Cent or above you got these two coins
About 33% higher render is only up 11% From its local low it only fell to about $577 C and we go to the three-month Chart here this thing has got some legs Everybody so render to me is just going To be the big winner for this grayscale Investment vehicle I think all five Coins probably going to be a safe bet in The 12 to 18 month range but render to Me despite its large market cap I think Render has potential to go all the way Up to $50 potential 10x within the next 12 months so to me if I'm only going to Put my money into one of these altcoins I'm going with render and hopefully I'll See you and your AI bags at the top
