$PHA is ripping higher even while $BTC keeps dumping, which goes against everything we've seen this cycle.
Most of us have been burned chasing these small-cap AI pumps after the fact, only to watch them reverse hard because we never know when the rotation ends.
The main reason behind this move is capital flowing into AI and distributed computing tokens. Even with Bitcoin in the red, the sector is seeing inflows that $PHA is catching.
Market cap is sitting at $70 million, which is still really low. There's theoretically more room if interest holds, but that's assuming the flows continue.
These rotations don't last forever though. Liquidity is thin at that size and a shift away from the narrative or continued $BTC weakness could send it back down just as quick, similar to what we've seen with other compute plays like $RNDR.
Where do you think this goes from here if the AI hype starts to fade?
#PHA #AI #Altcoins
Most of us have been burned chasing these small-cap AI pumps after the fact, only to watch them reverse hard because we never know when the rotation ends.
The main reason behind this move is capital flowing into AI and distributed computing tokens. Even with Bitcoin in the red, the sector is seeing inflows that $PHA is catching.
Market cap is sitting at $70 million, which is still really low. There's theoretically more room if interest holds, but that's assuming the flows continue.
These rotations don't last forever though. Liquidity is thin at that size and a shift away from the narrative or continued $BTC weakness could send it back down just as quick, similar to what we've seen with other compute plays like $RNDR.
Where do you think this goes from here if the AI hype starts to fade?
#PHA #AI #Altcoins
