WOW! CRAZY LOW CAP AI COIN THAT WILL 100X IN THE NEXT BULL RUN 🔥 NUNET (NTX) 📈 AGIX SDAO
Summary
TLDRIn this video, the host introduces Newnet (NTX), an undervalued token with significant potential in decentralized computing. As part of the SingularityNet ecosystem, Newnet aims to revolutionize the cloud computing industry by creating a global, decentralized computing framework. Users can contribute their computing power to the network and earn NTX tokens. Despite a basic website and a small market cap of $20 million, the project has a solid roadmap and shows promise, especially considering the growing importance of AI in the financial world.
Takeaways
- 🚀 Newnet (NTX) is an AI token with significant potential in the upcoming bull run, focusing on decentralized computing.
- 🌐 It is part of the SingularityNet ecosystem, which includes projects like Phoenix and SingularityNet, and aims to transform the cloud computing industry.
- 💡 Newnet is building a global decentralized computing framework that utilizes latent computing power from independently owned devices worldwide.
- 🌟 By contributing computer resources to the decentralized pool, users are rewarded with NTX tokens.
- 📈 NTX has a current market cap of $20 million, with a circulating supply of just over half of the maximum supply of a billion tokens.
- 🔗 It is available on Ethereum and Cardano, with the Ethereum contract address being active and the BNB Smart Chain contract possibly discontinued.
- 🔄 NTX is tradable on Uniswap and MXC, with the latter listing it as well.
- 📊 The token's price chart shows it holding up fairly well compared to other AI tokens, with a current price around three cents.
- ⚠️ A death cross is occurring on the trading chart, which might indicate a potential downside for the token.
- 📈 Despite the current situation, the speaker believes NTX has the potential for significant growth, possibly 50x, due to its low market cap and the bright future of AI.
Q & A
What is the main topic of the video?
-The main topic of the video is an introduction to the Newnet (NTX) token, its potential in the upcoming bull run, and its role in decentralized computing.
Which ecosystem is Newnet a part of?
-Newnet is a part of the SingularityNET ecosystem, which focuses on decentralized computing projects.
What are the other tokens mentioned in the video that the speaker likes?
-The other tokens mentioned in the video that the speaker likes are AGIX (SingularityNET Token) and SDAO (SingularityDAO Token).
What is the purpose of Newnet's globally decentralized computing framework?
-The purpose of Newnet's framework is to combine the latent computing power of independently owned compute devices across the globe into a dynamic ecosystem of compute resources.
How are participants in Newnet's decentralized pool rewarded?
-Participants in Newnet's decentralized pool are rewarded with NTX tokens as an incentive for providing computing power to the ecosystem.
What is the current market cap of Newnet's token?
-The current market cap of Newnet's token is 20 million USD.
On which blockchains is the Newnet token available?
-The Newnet token is available on the Ethereum and Cardano blockchains.
Where can you currently purchase Newnet tokens?
-You can currently purchase Newnet tokens on Uniswap for the Ethereum contract and it is also listed on MXC.
What is the speaker's opinion on the current trading situation of Newnet's token?
-The speaker advises caution as the token is experiencing a death cross on the chart and suggests that dollar-cost averaging (DCA) might be a better strategy for this token.
What is the speaker's prediction for AI tokens, including Newnet, in the future?
-The speaker predicts that AI tokens, including Newnet, have a bright future and could easily see significant growth, potentially 50x, especially considering their low market cap and the importance of decentralized computing.
What does the speaker suggest for potential investors of Newnet token?
-The speaker suggests that potential investors should keep an eye on the token's price movements and consider the risks associated with its current chart pattern before investing.
Outlines
🚀 Introduction to Newnet (NTX) - A Promising Decentralized Computing Project
This paragraph introduces the audience to Newnet (NTX), an undervalued and potentially explosive decentralized computing project. The speaker, Alex, highlights the importance of decentralized computing and its relevance to the crypto and financial world. Newnet is part of the SingularityNET ecosystem, which includes other notable projects like Phoenix and SingularityNET. Alex plans to discuss AGIX and SDAO in future videos but focuses on Newnet in this session due to its significance. The token's website is mentioned, but a disclaimer is provided that the content is not financial advice. The speaker expresses optimism about the potential of AI projects like Newnet, especially in anticipation of the upcoming bull run in the market. Newnet aims to revolutionize the cloud computing industry by creating a global, decentralized computing framework that combines the latent computing power of independently owned devices worldwide. Users who contribute their computing resources to this decentralized ecosystem will be rewarded with NTX tokens. The project's roadmap, current price, market cap, and trading volume are also discussed, along with its contract addresses on Ethereum and Cardano. The token is available on Uniswap and MXC, and its chart performance is briefly analyzed, noting its current price level and the potential for future growth despite a recent death cross on the chart.
📈 Newnet (NTX) Market Performance and Future Prospects
In this paragraph, the speaker continues the discussion on Newnet (NTX) by analyzing its market performance and future prospects. The token's current price increase is noted, along with its market cap and 24-hour trading volume. The speaker expresses a desire to see an increase in the circulating supply of NTX tokens. A detailed look at the Newnet trading chart on MXC reveals a potential death cross, which the speaker advises caution against. The historical performance of NTX is discussed, with a mention of a significant drop in December of the previous year. The speaker uses technical analysis indicators like the Relative Strength Index (RSI) and Stochastic RSI to assess the token's current state and potential future movements. Despite the risks, the speaker remains optimistic about the long-term potential of NTX, suggesting that it could easily see a 10x or 50x increase in value with the current market cap of $20 million. The video concludes with a call to action for viewers to share their thoughts on Newnet and other AI tokens like AGIX and SDAO in the comments section. The speaker also encourages viewers to like the video and subscribe to the channel for more content on AI coins in the future.
Mindmap
Keywords
💡Digivasters
💡EI token
💡Newnet (NTX)
💡Decentralized Computing
💡Phoenix, SingularityNet ecosystem
💡AGIX, S Dow
💡Bull Run
💡Market Cap
💡Trading View Chart
💡DCA (Dollar-Cost Averaging)
💡RSI (Relative Strength Index)
Highlights
The introduction of the Newnet NTX token, an undervalued and potentially impactful project in the upcoming Bull Run.
Newnet's focus on decentralized computing, which is crucial for the crypto and financial world.
The mention of Phoenix, SingularityNET, and the ecosystem Newnet is part of, showcasing a promising future in AI and computing.
The importance of decentralized computing and computer resources in transforming industries, with Newnet aiming to disrupt the multi-billion dollar cloud computing industry.
Newnet's approach of combining the latent computing power of independently owned devices into a global ecosystem.
Incentivizing users with NTX tokens for contributing their computing power to the decentralized ecosystem.
The token's current market cap of 20 million, highlighting its potential for significant growth.
Newnet's tokenomics, including a max supply of a billion tokens with over half currently in circulation.
The availability of NTX on Ethereum and Cardano, with its contract addresses and trading platforms like Uniswap and MXC.
The analysis of the NTX token's price chart, including its current performance and the potential for future growth.
The mention of a death cross on the trading chart, cautioning investors to be careful with trading decisions.
The RSI Stoke being in an undervalued and oversold range, indicating potential investment opportunities.
The potential for the NTX token to 10x or 50x in the future, given the current market cap and the bright future of AI.
The comparison of Newnet NTX with AGIX and SDAO, other notable projects in the Singularity ecosystem.
The presenter's intention to cover more AI coins in future videos, emphasizing the growing interest and importance of this sector.
An invitation for viewers to share their thoughts on Newnet NTX and other AI tokens, fostering community engagement.
Transcripts
what's up digivasters welcome back to
the channel it's Alex and today I'm
bringing you another EI token this one's
called newnet ntx
um not a lot of people are talking about
this token but this token has insane
potential in the next Bull Run
it's all about decentralized Computing
projects such as Phoenix
singularitynet ecosystem which newnet is
a part of I really like agix I really
like s Dow and I really like newnet I'm
going to be talking about agix and sdao
in my future videos but today I just
want to touch on nunet because I think
this one is the most undervalued out of
the three just because of how important
decentralized Computing and computer
resources are to the crypto and
financial world this is their website
here you guys you can take a look at it
make sure that you know this is not
Financial advice I'm just giving you
guys my opinion on really interesting AI
projects that I think have crazy crazy
crazy potential index Bull Run that is
going to happen the next year or two
looking at their website here the
website is very very basic like there's
not much going on with their website
um and the art part of the singularity
net ecosystem I just want to make that
clear so nunet is building a globally
decentralized Computing framework
that combines latent computing power of
independently owned compute devices
across the globe into a dynamic
ecosystem of compute resources you guys
this is super important if you allocate
your computer resources into a
decentralized pool you will be rewarded
with ntx tokens as an incentive for you
know providing computing power to a
decentralized ecosystem which is what
newnet is developing the newnet solution
aims to transform the multi-billion
dollar cloud computing industry so this
is even talking about the cloud
computing industry you guys this is
their roadmap here so they have various
integration stages and taking a look at
the price here on coin gecko you guys
0.0366 percent up 2.3 percent for the
day it's on 7700 watch lists and it has
a market cap of 20 million all right
guys 20 million full diluted of 36
million fully 24-hour trading volume of
64 000 almost 65 000 with a Max supply
of a billion tokens right and currently
a little bit over half is circulated
um I would like to see this number
increase a little bit more
um right now their chart does look
actually pretty good and it's holding up
fairly well compared to other AI tokens
um it hasn't really dropped off that
significantly actually it's holding a
pretty nice base here
at around yeah in the three cent area so
we are a little bit over that area I
will show you the trading view chart in
just a second and so yeah they do have
an ethereum contract address here at
cardano and a BNB smart chain contract I
don't know I believe
um make sure you guys correct me if I'm
wrong but I think the BNB smart chain
contract is no longer in use so you can
only get this on ethereum and on cardano
um and you know where you can get this
token as of right now uni swap for the
ethereum contract of course and they're
listed on mxc which is really nice to
see that all right guys taking a look at
the new net ntx trading view chart here
um this is for mxc and this is the
weekly
um I would be very careful with trading
this token right now
um we are actually getting a death cross
right now
um on the chart so just be very careful
we are down currently 69
from that region
um this would have been an epic time to
buy
um right before that run in December of
last year where they had a little bit of
a drop here
RSI Stoke is undervalued oversold
RSI is in the middle of the range
um so there is quite a like if we don't
get over this moving average here
um that could be trouble for this token
we could see a lot more downside
potentially even double bottoming here
in this region in the future so
definitely DCA would be a better bet for
this ntx token but you know in the
future this thing could easily 10 you
know 50x easy with the current market
cap right now at 20 million especially
since EI has a bright future and just
this whole idea of this token is very
interesting in my opinion yeah very
interesting token what do you guys think
about this leave it in the comment
section below are you guys investing in
ntx or do you guys just believe in agix
and S Dow as the top uh Singularity
players for the next Blood Run let me
know like the video subscribe to the
channel I will be covering a lot more AI
coins in the future this is just one of
them that I thought was very interesting
has a very nice interesting chart the
tokenomics are interesting very low
market cap
so yeah let me know what you guys think
of the price will it come back down to
these double bottoming levels
we'll see you have this death cross here
plays out thank you for watching guys
and hope you have a great day cheers
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