The post Trader Names AI Altcoins Primed for Long Term Growth appeared on BitcoinEthereumNews.com.

AI tokens are in the spotlight amid shifting sentiment in crypto policies worldwide. The US is particularly bullish on crypto, a trend that may also favor AI tokens. On social media platform X, crypto trader and analyst Altcoin Sherpa spotlighted some Artificial intelligence (AI) altcoins set on a bullish trajectory. He also mentioned three coins that are primed for bullish performance in the mid-term time frame. The Analyst’s Top AI Altcoin Picks In an X post, Sherpa expressed optimism about KAITO, an AI-powered Web3 information platform. The analyst targeted a $2.5 price or higher for the altcoin, representing approximately a 64.5% increase from the current level.  As of this writing, KAITO was trading at $1.5, down 26.6% over the previous day. The market cap is pegged at $367 million, while trading volume plummeted 29.9% to $477.8 million. The decline in KAITO’s price coincides with a broader market downturn, which saw Bitcoin (BTC) drop to $83,745. In addition to KAITO, Altcoin Sherpa identified AI Big Complex (ARC) as another altcoin in the AI sector that is set to balloon soon. The analyst revealed he holds a sizable stack of ARC in their crypto portfolio, emphasizing his confidence in the asset’s future growth. Image Source: Altcoin Sherpa on X Meanwhile, the altcoin is still facing volatility. Despite this, Sherpa believes ARC is likely sitting at a local bottom and ready to climb higher. He added that the four-hour chart’s 200 Exponential Moving Average (EMA) acts as a stop.  As a result, he is targeting ARC, hitting $0.19 at the entry level. Currently, ARC is trading at $0.16, representing a 26% decrease in the last 24 hours. For ARC to hit $0.19, it would require soaring by 18.75% from the current price. Furthermore, the trader lists three mid-term altcoins poised for bullish moves.…

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Filed under: News - @ March 5, 2025 4:12 am