Right now, #AI is booming in the Web2 market, and the top 10 companies by global market value are all launching their own AI products. This level of attention and hype is expected to soon ignite the Web3 market, which we refer to as 'coin-stock linkage'. However, today’s terrible sentiment in the altcoin market is causing quality projects to be severely undervalued!
$KIP currently has a circulating market value of only 18 million USD, with an FDV of only 150 million USD. Strongly incubated by Animoca, the #AI decentralized underlying protocol KIP Protocol (@KIPprotocol) is gaining significant attention, and its price is clearly undervalued, making it worth focusing on!
KIP Protocol Technical Analysis and Trend Analysis:
• Trading volume has significantly increased, with the current price rising along the moving average, indicating strong buying pressure.
• The Fibonacci support level at 0.02 is clearly solid, with the chip distribution indicating that 0.016 is the main accumulation zone, forming a strong support. At this stage, it is advisable to gradually accumulate, as a pullback to 0.016—0.019 will offer great value.
• Short-term target price: 0.04, medium-term target may reach 0.2, with potential returns up to tenfold.
Core highlights of the KIP Protocol project:
1. Top institutional support: led by Animoca Ventures and Tribe Capital, with total private placement financing exceeding 10 million USD, the team's background and investment strength are robust.
2. AI technology and applications are landing: covering four major fields: education, entertainment (AI Agent), biotechnology, and government, and have already generated revenue from major clients, demonstrating a clear commercialization path.
3. Industry benefits overlapping: the current AI sector is the core hotspot of this bull market, and major updates from OpenAI are expected to drive overall sector growth, bringing enormous growth potential to this project.
Summary: KIP Protocol is a typical potential cryptocurrency with strong fundamental and technical support, and the hype effect in the AI sector has enhanced upward expectations. It is worth paying close attention to, and it is recommended to focus on it and gradually enter.