AI will play a key role in cryptocurrency trading. Already, AI algorithms are being used to analyze large volumes of data and forecast market trends.
With the development of technology, AI will enable more accurate price forecasting and the identification of optimal trading strategies, which will increase efficiency and reduce risks for investors.
The largest capitals are currently only in $BTC and $ETH, but here's what everyone needs to understand:
The development of AI may lead to the creation of more efficient consensus algorithms, such as 'proof of stake' or new, even more stable and energy-efficient models. AI can also help address scalability issues and increase the throughput of blockchains. This will make BTC and ETH relics of the past. And for holding assets for decades, they certainly won't do, as AI is evolving extremely fast, and in an instant, red candles following the release of new algorithms will not take long to appear.