Veteran Crypto Analyst il Capo Increases Stake in Phala Network After Impressive Surge
Renowned cryptocurrency analyst il Capo has shared with his followers that he has expanded his investment in Phala Network (PHA)after the altcoin's remarkable performance. In his latest update, il Capo revealed that he has added more of this promising asset to his portfolio following a 61% surge in PHA's price over the past 24 hours.
Describing the recent price surge as a "spectacular performance," il Capo highlighted the potential of this altcoin, suggesting that it could signal the future strength of AI-driven cryptocurrencies. He emphasized that Phala Network's growth might be a preview of what’s to come for the broader AI altcoin sector in the near future.
Although Phala Network is currently available on Binance, it is yet to be listed on Coinbase. With a market capitalization of $385 million, PHA remains a smaller-cap AI project, Along with increasing his holdings in Phala Network, il Capo also mentioned that he has bolstered his positions in other AI-related assets such as DATA and several others.
In conclusion, il Capo hinted that the "season of artificial intelligence" is on the horizon, underscoring his belief that AI-powered altcoins will continue to gain momentum. He also mentioned that coins like ENA and AIOZ are currently in his sights, further reflecting his growing interest in this rapidly developing market s
egment.
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