Infrastructure Coin
Talking about infrastructure coin, $MTL is one of the top gainers in the last 24 hours. Even though in the last 30 days MTL has had 12/30 (40%) green days, I think now is not a good time to invest in MTL.
For infrastructure coins, I think Phala Network can be considered to be included in your investment list, not for the short term, but for the medium term.
Phala Network is the Execution Layer for Web3 AI. By enabling AI to understand and interact with blockchains, it unlocks the barrier for the first billion users to join Web3. Agentize smart contracts: Create AI Agents for smart contracts using natural and programming languages.
The native utility token of the Phala Network is $PHA which is used for its cloud-based economy. The PHA token, which has a maximum supply of 1 billion PHA, helps secure the network and maintain the network's governance mechanism.
Currently, $PHA is trading at around 0.127, far below it's ATH.
