TOP ASSETS of the AI NARRATIVE | PART 2In the comments of “Top AI assets part 1” you mentioned some more promising projects, the main product of which is AI. We decided to tell you more about them and check their metrics
iExec RLC
iExec is considered as a project with the AI narrative, but it is partly wrong. The main specialization of iExec is providing computing power and organizing the market around this sector.
iExec forms large volumes of data and if we check their products, we will see that these volumes of data are being used actively but we have to understand that this is a side line of their business. In general, iExec as a project is more like Flux than any project in the AI narrative.
Metrics of the $RLC token:
Price: $1.75
ATH price: $11.6
Market.cap: $141m
ATH market.cap: $800m
FDMC: $152m
Over the past 2 months, the $RLC token has grown more than 2 times.
We do like iExec as a project with its own goals and values and that’s why we listed it on our platform for trading
Vectorspace AI
The team focuses on creating AI and ML solutions in space biosciences, general life science and capital markets. So far the team has launched two products:
A financial product for protecting investment portfolios and finding stock and cryptocurrency market correlations for long or short trades.
A product for biosciences in a Protein Relationship Networks area.
Metrics of $VXV token:
Price: $0.57
ATH price: $18.1
Market.cap: $27m
ATH market.cap: $347m
FDMC: $28m
Over the past 2 months, the $VXV token has grown more than 2 times.
Matrix AI Network
Project that focuses on an AI integration directly into the crypto. Matrix has 4 main products:
Mania - a platform for trading AI algorithms in an NFT type
Airtist - a generative art creation platform for NFT
Manta - an automatic machine learning platform
Matrix - an AI service platform
Metrics of $MAN token:
Price: $0.02254
ATH price: $1.7
Market.cap: $4.8m
ATH market.cap: $6m
FDMC: $22.5m
Over the past 2 months, the $MAN token has grown more than 4 times.
Numeraire
Platform for Data Science and Machine Learning specialists. Project supports DS and ML specialists, conducts predictive ML contests and builds its own progressive community.
Metrics of $NMR token:
Price: $16.7
ATH price: $84
Market.cap: $98m
ATH market.cap: $487m
FDMC: $183m
Over the past 2 months $NMR has grown by 64%
Streamr
A project for data transferring within web3. Streamr is primarily an infrastructure project, preparing the basis for the data economy.
Metrics of $DATA token:
Price: $0.03308
ATH price: $0.3102
Market.cap: $25m
ATH market.cap: $223m
FDMC: $28m
Over the past 2 months $DATA has grown by 50%
Conclusion
As we’ve told you earlier, the benefits that AI offers, along with its increasing adoption and application, guarantee the expansion of AI projects and a profitable market.
Let us know in the comments about more AI projects we should look at. Share your investing or trading experience with such projects.Thanks for reading!
VXV
Ratio of 30 day VIX (the so called "Fear Index") to a 3mth VIXSome definitions first:
VIX - expected 30-day volatility for the S&P 500
VXV - expected 3 month volatility for the S&P 500
So if VIX implies short term fear, VXV implies quarterly fear. To divide both of them as a spread can give an indication/direction of where both short term and a slightly longer term 'fear' is heading.
Looking at the chart this ratio of spread has some interesting spikes. I've drawn horizontal rays to show where the support and resistance levels are.
In addition, an exponential envelope shows when this ratio falls out or touches a 10% band. One can choose to take the Long view on SPY when this ratio spikes and hedge (go long VXX) should there be a divergence on MACD.