AI is booming, and needless to say, it might be the next big thing to happen for humankind. Market reports give the AI sector a CAGR of 15.83% between 2024 and 2030. This means the sector will reach $738.80 billion by 2030. The statistics are well-informed as AI has been booming. Assets like stocks and crypto and businesses exposed to the AI sector have been attractive. AltSignals ($ASI) and Injective ($INJ) are two cryptocurrencies expected to gain from this shift. But which among the two is a better asset for investing now? Let’s explore their unique strengths and objectively assess the two assets for a better investment decision.

AltSignals made the headlines in 2023 after launching a highly successful presale that raised $1.8 million. A perfect blend of cryptocurrencies and AI in the trading world made it the main attraction. But AltSignals has been reinforced by a real use case and proven track record.

Unlike its crypto peers, who start from scratch, AltSignals is an established business. The company was founded in 2017 by skilled traders who were out to help others attain success in trading. Over the years, AltSignals trading signals have averaged 64% success rates. The company covers numerous financial assets such as forex, stocks, CFDs, and cryptocurrencies. Consequently, AltSignals has attracted over 52,000 members on Telegram.

Alt Signals pursuit of AI is well-informed and timely. The company believes AI is the next big thing after the instant success of models such as ChatGPT. The company aims to tap the predictive power of AI, sentiment analysis, and natural language processing. This will increase the accuracy of the trading signals and deliver more returns to investors.

Conversely, Injective is an AI crypto project that enables building of decentralised finance (DeFi) apps. The project launched its mainnet in November 2021 and has been fast growing since then. However, Injective token started trading in October 2020, riding the bullish momentum to hit $25 in May 2021.

Injective might well be among the most returning assets in the past six months. The token has been bullish since October 2023 as investors show interest in DeFi again. Recently, the token hit a record high of $45, a nearly six times increase from its October 2023 lows of $8. The gains clearly indicate this is a token worth every investor’s attention.

AltSignals and Injective are attractive AI cryptocurrencies changing the world of finance. However, Injective has already hit a peak after recent gains and is correcting. As such, investing in the token at near its record price doesn’t seem to be a wise move.

AltSignals is starting and powers a very niche service in trading. As the platform fully actualises, the value of the AltSignals token will rise strongly. The token is available for purchase through Uniswap, and investors only need to connect their wallets. 

Besides being a high-potential speculative asset, $ASI unlocks value for investors seeking passive incomes. The token carries a high ROI of 25% for staking for a maximum of 3 months. Only a few tokens remain to be staked, with investor interest evident at the early stages. 

AltSignals is a quality crypto project backed by its use case in trading and AI. Its token will be the medium of exchanging value for AltSignals trading group named ActualizeAI. As the trading service continues to attract investors, the demand for $ASI will rise.

In the future, $ASI could rise as much as 1,000%. Projects backed by real-world use cases have exceeded such gains, and $ASI is no exception. Consequently, the project could be one of the best cryptocurrencies to invest in 2024.

The post AltSignals ($ASI) vs. Injective (INJ): Which is the best AI token to buy in 2024? appeared first on Invezz

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