Top 6 Microcap AI Crypto Altcoins That Can Skyrocket in 2023
A big part of being a successful crypto trader is knowing the narrative. Right now, the strongest narrative is Artificial Intelligence.
Check out my post where I cover top 5 AI crypto altcoins with highest long-term potential. I also discuss other strong crypto narratives, such as ZK tokens, Chinese altcoins and LSD protocols, as well as top 10 unreleased crypto tokens with 50x -200x potential.
ChatGPT has been taking the internet by storm during the past weeks and AI tokens have been on the rise.
But the AI narrative is far from over.
Microsoft will be acquiring ChatGPT for $10 billion and making it part of their Bing engine. This is making Google very nervous, and they will soon be making new announcements regarding their Bard chatbot which could launch another pump among AI tokens.
AI crypto projects take advantage of the benefits of AI to develop their products and services with the goal of helping different industries become more efficient.
I’ve researched a few dozen AI projects taking into account their market cap, utility, community, team and investors.
In this post, I share with you my top 5 microcaps, so tokens with a market cap under $100 million (and under $50 million for most of them), plus one project that will soon be released.
1. Covalent ($CQT)
My number one microcap AI token is Covalent for one major reason: Binance was one of its early investors and it’s keeping a close eye on it, but it still hasn’t listed it. Since most projects founded by Binance Labs make it to the Binance exchange, I think $CQT stands a good chance of being listed on Binance in near future.
Covalent aggregates information from different sources such as nodes, chains, and data feeds to create meaning from hundreds of billions of data points, delivering insights to investors and developers. It provides deep, granular, and historical Blockchain data via an open, proof-based protocol on a decentralized network.
$CQT is an ERC-20 token with a maximum supply of 1,000,000,000 and is the native token of the Covalent Network. It serves as a governance token, staking asset, and…
