Analyst Predicts Surge for AI Crypto Tokens Aiming to Transform Physical Infrastructure
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Crypto analyst Miles Deutscher predicts AI crypto tokens, specifically DePIN (Decentralized Physical Infrastructure), will see significant gains in the next crypto bull run.
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DePIN aims to reduce costs, enable horizontal scaling, and reward network contributors in physical infrastructure.
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Analyst Lark Davis said DePIN could add $10 trillion to global GDP. Messari predicts $3.5 trillion for DePIN in the next 4 years, which Deutscher thinks is conservative.
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Binance shows search interest in AI tokens has skyrocketed recently, suggesting a potential surge. AI was the top crypto narrative of 2022 according to CoinGecko.
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Deutscher explains physical infrastructure has always had high costs and barriers to entry, which DePIN aims to solve through token incentives and decentralization.