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Raoul Pal Sees NFTs As More Promising Than AI-Based Cryptocurrencies

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by A1

8 days ago


Raoul Pal shared his views on comparing the potential of NFTs and cryptocurrencies based on artificial intelligence.

AI Cryptos Show Growth

The AI crypto market saw over 6% growth in the last 24 hours. Leading the market were VaderAI, Tri Sigma, and AI Rig Complex. VaderAI recorded a more than 59% price increase, with TRISIG and ARC gaining over 30%.

You can't ascribe the value of OpenAI to AI cryptos.Raoul Pal

NFT Growth Factor

In contrast, the NFT market saw its total valuation increase by only 1% in the last 24 hours, according to CoinGecko.

Raoul Pal Forecasts NFT Recovery

Despite the challenges, Raoul Pal predicts a 'recovery cycle' for NFTs. According to DappRadar's report, the NFT trading volume fell by 19% in 2024 compared to 2023, with sales dropping by 18%.

Raoul Pal noted that despite current difficulties, NFTs have potential for recovery based on several factors in the future.

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