It has been revealed the fact that AI machines are going to dominate the blockchain. Check out the latest reports here.
AI machines are going to dominate the blockchain
A seasoned crypto investor, Chris Burniske, predicts that artificial intelligence (AI) will soon play a significant role in the blockchain world.
As a partner at Placeholder Capital and a former analyst at ARK Invest, Burniske believes that “AI agents” will eventually take over crypto networks, prompting us to find ways to distinguish between human and AI users on each chain. He expects a remarkable surge in crypto growth driven by AI in the near future.
In the coming years, it may be necessary to differentiate between monthly active users (MAUs) and monthly active machines (MAMs) in crypto network statistics.
Although people are still struggling to fully comprehend the perfect fit that blockchains offer for the financial needs of AI agents, once they do, the growth in this area will be remarkable. Burniske also notes that the current bots active on some chains are like the Neolithic age for humans, experimenting with early and basic tools.
Although AI-linked crypto projects have experienced healthy growth in 2023, crypto intelligence firm Kaiko recently reported a decline in trading volume relative to other digital asset classes in this subsector. “AI-related tokens have been losing momentum, hitting their lowest weekly trade volume since January.”
Bitcoin to become top of asset class
Peter Brandt, an esteemed trader known for his precise predictions, predicts that Bitcoin will become the leading asset class in the future. In a recent tweet to his 696,800 followers,
Brandt stated that Bitcoin will eventually detach itself from its connection to stocks and gold, and serve as the benchmark for other asset classes.
Brandt believes that this change will take time, but it is certain that Bitcoin will emerge as the top contender. BTC’s relation to other markets is insignificant, and it will continue to reign supreme as the dominant cryptocurrency.
