@100mioEUR glaub so langsam gehts auf ende des "bullruns" zu. charts sehen fast alle durch die bank weg schlecht aus (zumindest alts). ich pers. sehe keine alt season mehr, zuviel dillution. es scheinen die recht zu behalten, die meinten, dass märz24 das alt top war.
@randomoctopus22 Wish I had your confidence. Chart looks horrible and the turn around is a long shot. Will not be playing out this bull if ever. Had high hopes for this project but price action is one of the worst right now.
Volume predicts…..
$pokt
Will pick a winner of $100 usdt in my next video.
I have been buying #pokt in my videos for months.
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We used to call Pocket Network decentralized Infura, but now Infura is actually routing traffic through POKT wow
Huge strategic move for POKT to become an open RPC base layer because now they've established themselves as the backbone for RPCs across all blockchains (50+ integrated). They're already enriched as the winner and every partner like Infura or nodies serve to further scale their network effects
One of the only cases where a decentralized network is (80%) cheaper than centralized alternatives. Why? They've completely disrupted existing providers by creating an "Uber for Nodes". The massive taxi companies of crypto becoming obsolete
Not only the TCP/IP of crypto, but with upcoming Shannon upgrade also will be a general purpose relay/communication network for ALL public databases and services, including custom LLMs.
With AI advancing as fast as it is, AI to AI and AI to human device to AI communication requests will soon see massive traffic and POKT stands to be the best network to connect their endpoints given its decentralization and costs
RPC and RESTful requests already supported, with Websocket coming later this year
The market cap for decentralized computation, data availability, execution networks is in the hundreds of billions. And Competition is Fierce.
Mentioned $POKT last year at $100m mc, it's now $300m facing a future decabillion dollar opportunity, and with its current trajectory, there is no competition
One of my highest conviction venture bets this year is doubling down on our decentralized RPC network investment in $POKT via Grove
Grove is essentially a spin out of the POKT foundation that sells multichain RPC services by utilizing pocket network
$POKT itself is one of the few bets I still believe has close to 100x potential and has the fundamentals to attract massive VC/insto flows
Today, pocket network has grown to 600M+ relays/day. Compare this to Alchemy and Infura which are estimated at 20-30b and 6-8B respectively. Alchemy and Infura have market valuations estimated to be $5 billion+. Node infrastructure will be one of the key categories of allocation.
One of the reasons why $POKT burn/usage has been growing so much is because it has now become cheaper than most other providers. Many big names in this space like TraderJoe, WalletConnect, Trust wallet have started to switch and there are many more big names coming.
Really an undervalued gem