The renowned cryptocurrency analyst “Il Capo” caught the market’s attention by sharing his bullish predictions for certain 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 received support from 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, 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, contrasting with the performance of AI-related altcoins in the crypto space.
Read more:
Asset management companies adjust the situation of Ethereum ETF spot submissions
Il Capo revealed that his portfolio is heavily concentrated in AI altcoins, including tokens with low and high market capitalization, underscoring his confidence in the sector’s potential.