The crypto market has been very light on the AI crypto narrative in recent months. The last major buzz we heard was about Fetch AI, and even though many developers have tried to introduce new quirks around the AI blockchain narrative, few have managed to get the community’s attention. One of the latest AI cryptos to have set a buzz across social media is Lightchain AI.
The project’s presale launched in November 2024, and it has raised upwards of $1.6 million so far. Will it explode upon release on a cryptocurrency exchange? Or are there other alternatives investors should be looking at as well?
What is Lightchain AI?
The official website of Lightchain AI asserts that the project aims to revolutionize the AI space by focusing on decentralization. In its whitepaper, it discusses the centralized biases that exist within the traditional AI space and how hegemony has stifled innovation in that sector.
Lightchain AI portrays itself as a project that could address these issues with the help of two unique features: Proof of Intelligence and Artificial Intelligence Virtual Machine.
Proof of Intelligence
Lightchain AI states that Proof of Intelligence (PoI) is a unique consensus mechanism designed to reward nodes for performing valuable AI computations, such as model training, inference, and optimization tasks. According to the whitepaper, PoI will reward meaningful contributions to the ecosystem, enabling users to get rewarded for their AI-driven applications.
Artificial Intelligence Virtual Machine
The second element of Lightchain AI is the Artificial Intelligence Virtual Machine, a machine designed to optimize the execution of AI-specific tasks within the Lightchain AI ecosystem. According to the whitepaper, this machine can handle intense computations and provides a secure and scalable environment for the development of AI models.
Essentially, the machine offers the environment developers need to deploy their applications. It also aids in privacy and security, offering robust solutions for decentralized AI development while ensuring compliance with international regulations. The core of these two elements will be centered around the community, as Lightchain AI offers governance integration as well as features like a Memecoin launchpad.
Lightchain AI Tokenomics
The Lightchain AI tokenomics is very community-forward. The total supply has been allocated in the following ways:
- 40% for presale
- 28.6% for staking and rewards
- 15% for liquidity and exchange
- 5% for marketing
- 6.5% for treasury and reserve
- 5% for the team
With the bulk of the total supply assigned to the community, Lightchain AI has attempted to ensure that the community has control over the development of AI applications.
Lightchain AI Price Prediction
While there is a lack of technical indicators for predicting the Lightchain AI price, the demand for the AI narrative is high, and people have now started to pay attention to utility cryptos.
Short Term
In the short term, Lightchain AI will likely increase in value after entering the market. The growth it experiences will depend on how quickly the presale concludes. If it ends while the market is still bullish, the Lightchain AI price could ride the wave of positive market fundamentals to increase in value. Our conservative estimate is that upon listing, the token’s value could reach $0.007 before a correction.
Long Term
Since Lightchain AI is portrayed as a utility-forward token, it could gain attention as a long-term asset provided it stays true to its roadmap. If the project is able to gain a massive following and launch its mainnet without any issues, it could reach $0.01 by 2026.
Is Lightchain AI a Good Investment?
Lightchain AI has had a successful presale so far, and its unique fundamentals give it an edge over the competition. However, its long-term value can only be realized if people get a teaser of the products it aims to provide. So far, all of its tweets have been about its presale target.
Therefore, investors must still wait if they want to invest in this project as one that could offer long-term gains. Intraday traders, however, can invest in it today as it has the potential to show parabolic price action upon launch.
Best Wallet Token is Another High Potential Token That Investors Should Keep an Eye On
Another high-potential token making rounds across the crypto space is one that already has strong utility to back it up. Best Wallet Token is the native token of Best Wallet, a top-tier cryptocurrency wallet with groundbreaking features.
With Best Wallet Token, Best Wallet will expand its bouquet of use cases, providing users with additional perks. These include early access to new presale projects before they enter the market—essentially at stage 0, reduction of transaction fees, access to higher staking rewards, and governance rights to decide the direction in which the project grows.
Being a native asset of an already established project means Best Wallet Token already has a wide audience. This is also made apparent by its presale, which has raised close to $3.2 million so far.
The project’s upcoming developments also show promise, with the addition of elements that could help investors interact with the entire crypto space using a single tool. Other features include an NFT gallery, Rewards Hub, in-app crypto news feed, staking aggregator, derivatives trading interface, and more.
Prominent crypto analysts such as Crypto Gains are bullish on the project. The crypto YouTuber with over 140,000 subscribers has described the Best Wallet Token presale as similar to investing in MetaMask if it had a coin.
Best Wallet’s Twitter following is also massive and has gained traction thanks to the project’s coverage of other popular crypto presales.
For those looking for a project with huge upsides in the long term, Best Wallet Token could be a good buy.
To keep up with latest developments within the ecosystem, follow Best Wallet on X or join its Telegram channel.
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