WOW! CRAZY LOW CAP AI COIN THAT WILL 100X IN THE NEXT BULL RUN πŸ”₯ NUNET (NTX) πŸ“ˆ AGIX SDAO

Digivest
19 Sept 202305:32

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

  • πŸš€ 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.
  • πŸ’‘ 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.
  • πŸ“ˆ 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.
  • πŸ”— It is available on Ethereum and Cardano, with the Ethereum contract address being active and the BNB Smart Chain contract possibly discontinued.
  • πŸ”„ NTX is tradable on Uniswap and MXC, with the latter listing it as well.
  • πŸ“Š 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.
  • πŸ“ˆ 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

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Mindmap

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Keywords

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Highlights

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Transcripts

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Related Tags
Decentralized ComputingNewNet NTXSingularityNet EcosystemAI TokensCryptocurrencyBlockchainCloud ComputingInvestment OpportunitiesBull RunTech Innovation