The renowned cryptocurrency analyst “Il Capo” has attracted market attention by sharing his bullish predictions for some altcoins in his Telegram group amidst the overall market downturn.
Il Capo is optimistic about FET, AGIX, and OCEAN, which are expected to merge soon. This move has been supported by the crypto exchange Binance, which announced its facilitation of the merger.
The analyst believes in the strength of these tokens in the artificial intelligence (AI) sector. He expects that the merger, scheduled for July, will stimulate sector growth. According to him, these three altcoins, now collectively known as ASI, appear stable and promising.
He also highlighted that Nvidia, a key player in the AI sector, has recently shown relative resilience, which contrasts with the performance of AI-related altcoins in the crypto space.
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Il Capo revealed that his portfolio is heavily concentrated in AI altcoins, including tokens with both low and high market capitalization, highlighting his confidence in the sector.