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- Missed RNDR? These 2 AI Cryptos Could Be Next
Missed RNDR? These 2 AI Cryptos Could Be Next
Understand the fundamentals, the tokenomics and at what prices I would buy.
Missed out on RNDR?
Don't worry!
I found two AI cryptos linked to computing power that are still flying under the radar and have huge potential to be the next RNDR.
But here's where things get really interesting.
Just like Iron Man built his suit in a cave, Flux and Clore AI are building the future of computing right under our noses.
It's all about solving real problems in a way no one else is doing – and this strategy ties directly into how their tokens could skyrocket in value.
In case you missed it, I uploaded the 7 BEST AI Crypto Coins To Follow NVIDIA's growth 2024 on youtube. (Already 770 views!)
Make sure to follow me on youtube as I’ll soon upload the video version of ‘Missed RNDR?’.
FLUX (People-Powered Network)
Flux is building the backbone of a decentralized internet – no tech giants in control.
With over 13,000 global nodes, Flux makes projects unstoppable.
Say goodbye to single-location data center failures!
Flux breaks down the barriers that frustrate developers, giving them the ultimate freedom to build without limits.
And here's a mind-blowing fact: Flux actively focuses on energy efficiency with its network.
It even has a unique system called Proof of Useful Work, where the network actually contributes beyond just securing itself.
Plus, it's cheaper than centralized cloud providers.
Want in on the action? You can run a Flux node, which means earning rewards for being part of the network.
Flux just saw a 100% price increase in the last 30 days.
That'll definitely get attention, but what does it mean for the project's future?
Here are the two elements that will power the token’s growth:
The Node Factor: A big part of Flux's model rewards node users. This adds security to the network and creates a built-in demand for the Flux token, which node operators get paid in.
Scarcity Matters: FLUX has a fixed total supply, which means as demand grows, so could the price.
We must look at how much is in circulation versus locked up in things like node staking.
Here's something interesting: FLUX requires usage to unlock its full potential. If people are holding it as a speculative investment, it might not reach its true potential compared to if people are actually building stuff on the network. This creates a unique dynamic.
There are already 100s of popular applications that are running on FLUX, including GMX, Sushiswap, and Osmosis. You can explore the whole list of applications running on flux here.
Now, flux is all about building the decentralized Internet of the future.
But what if you need a massive dose of that computing power right now, without breaking the bank?
This is where Clore AI comes in. Think of them as the Airbnb for GPUs!
Are you losing countless trades because of emotions? The NLP mindset coaching sessions I’ve had with Milan over the past two years have been one of my best decisions. Sign up now! (Write Onchain Edge in the referral)
Clore AI (Distributed supercomputer)
You can rent powerful GPUs on Clore AI at affordable prices and list your spare GPU power, earning rewards and getting bonuses in the Clore token.
And here's what sets them apart
Clore AI operates within European laws, providing an extra layer of trust. The project's market cap is much smaller than Flux's.
Plus, they’ve got more nodes running. 19’000 gpus are available to rent!
And there's something huge to consider when it comes to their token.
Clore has a marketcap of $100m.
If it reaches 50% of render Marketcap that would be a 2 billion market cap or 20x the current price.
Here are three reasons why it can
The Underdog Advantage: CLORE AI, on the other hand, is flying way under the radar with that tiny market cap. But, they’ve got more nodes running than FLUX already! Could this be an early-stage gem?
Mining vs. Renting: CLORE's mining setup increases the token supply over time as miners get rewards. However, that also means there's a direct connection between network usage and the token.
The Triple Reward: Remember, with CLORE, you can be rewarded as a miner, a renter, AND a holder through their Proof of Holding system. This aligns incentives nicely for long-term growth.
Addressing CLORE Inflation
Now, you might be thinking, with CLORE being a mined token, won't that increasing supply lead to constant price dilution?
That's a valid concern, and it's why we need to look beyond just the surface-level tokenomics.
If CLORE AI's platform sees a surge in users, both renters and those listing their hardware, that directly drives up demand for the CLORE token.
Strong adoption can outpace the inflation rate.
Remember that Proof of Holding system? It incentivizes holding CLORE, effectively taking some tokens out of circulation and creating a scarcity effect.
And here's the wildcard if CLORE gets listed on Binance, that brings huge exposure and a flood of new buyers.
Now you might be thinking whats the chance of a Binance listing? The largest AI event “NVIDIA GTC” conference is about to happen and Clore is mentioned.
Not only will Clore be associated with NVIDIA the chances of being listed by Binance and other tier 1 exchanges increases substantially.
I found article on Binance about AI and the Nvidia GTC conference and I saw $CLORE mentioned 👀
binance.com/en/square/post…
— Tarq Ai (@ai_tarq)
1:28 AM • Mar 10, 2024
Suddenly, the inflation might be less significant than the demand boost.
Level up your trading and other aspects of your life with the NLP mindset coaching. It’s absolutely worth it.
Flux and Clore Trade Setups
Clore chart looks like a nice cup and handle. I will buy some between 0.30 and 0.34 and accumulate more in the golden pocket 1 ($0.26) and golden pocket 2 $0.22.
Stop loss would be a candle close below $0.17
The first target would be at $0.91, and the second target $2.40
Clore is available on the following exchanges. (there are more but the others have terrible liquidity)
Flux is approaching a pretty strong resistance at $1.36. The red dots and arrows on the chart show that there is strong selling pressure. The strong selling pressure doesn’t indicate that there will be a correction (it can still go up for quite a bit), but it’s always a lot more profitable to get an entry on a correction.
The ideal entry for me would be between $0.84 and $0.96.
However, the risk is high that this entry isn’t hit. One way you can go about this is risk 20% of what you wanted to invest here and if it corrects you can buy the remaining 80% in the yellow box.
Target is $2.83.
Exchanges FLUX is listed at:
P.S Don’t Forget
Smash that retweet button and help spread the word about these under-the-radar projects!
Missed out on RNDR? 🥶
Don't worry!
I found two AI cryptos linked to computing power still flying under the radar and have huge potential to be the next RNDR.
$FLUX and $CLORE AI deep-dive (+charts)
Read here 👇
— Onchain Edge (@onchain_edge)
12:23 PM • Mar 15, 2024
P.S If you are a web3 founder and would like me to help you increase your email conversion rates by 100% with ghostwriting. Then get in touch with me for a free discovery call ([email protected])