THIS SOLANA AI COIN COULD BE HUGE!
My Financial Friend
Introduction to Recent Market Volatility
- The last few days have seen extreme volatility in the crypto market.
- The launch of the Trump meme coin and the inauguration have contributed to this volatility.
- Bitcoin has experienced significant price swings, with $7,000 and $10,000 candles in under an hour.
Shift in Investor Interest
- There's a current trend of investors moving into meme coins and away from altcoins.
- However, it's anticipated that investors will return to utility-based tokens and established narratives such as AI, gaming, and US-based tokens.
Focus on AI Narrative
- One of the key narratives is AI, with the speaker being an investor in several AI tokens.
- Specifically, they're focusing on TAR's AI, an AI-based crypto on Solana that has been officially backed by Solana.
TAR's AI Project Updates
- The project has received a grant from the Solana Foundation.
- They've released a video showcasing their AI market on Solana, featuring AI agents and the ability to trade tokenized AI commodities.
- Recent milestones include Sona Beta reaching over 1,000 voice commands, pioneering voice-first interaction on Solana Mobile.
Future Developments and Listings
- For the first quarter of 2025, the team plans to release one major product per month and establish a Solana AI-focused research firm.
- TAR's is currently available on several exchanges, including BuyBit, Mexie, Git.com, Bitmart, and Radium, with more listings expected.
- The project has recently passed 60,000 holders.
Market Analysis and Potential
- With Bitcoin dominance near highs, only a few cryptos like XRP, Solana, and the Trump token have been performing well, while the rest of the market lags.
- There's anticipation of a rotation back to other cryptos, with TAR's AI being at a key support level of 28-29 cents, presenting potential for growth.
- The market cap of TAR's AI is around $200 million, suggesting room for significant increase, potentially over 50% or more during a bull run.
Conclusion and Disclaimer
- The speaker holds TAR's AI tokens and has been an early investor, disclosing potential for taking profits during a bull run.
- They encourage viewers to do their own research and approach with caution, given the risky nature of altcoins.