Crypto Investor Dan Tapiero Sees AI-Blockchain Crossover Fueling Next Big Wave
Crypto investor Dan Tapiero believes the convergence of AI and blockchain will drive the next major market wave.Summary
Dan Tapiero, founder of 10T Holdings, predicts that the convergence of artificial intelligence and blockchain technology is an undervalued catalyst for the next market surge, stating, "Blockchain is the money of AI." He plans to allocate about 20% of 10T's next fund to startups operating at this intersection, even though many do not yet exist at scale. Regarding Bitcoin, Tapiero maintains his $180,000 price target, expecting the asset to first consolidate around the psychological anchor of $100,000 before potentially reaching the higher target by summer next year. He cautioned against short-term trading views in the current volatile market. Tapiero also noted that his firm is finding excellent opportunities in growth-stage crypto companies due to reduced competition from wary traditional investors, allowing 10T to dictate pricing. While skeptical of the current hype around tokenized real-world assets (RWAs), he sees decentralized finance (DeFi) as having already surpassed previous highs, contrasting with the lagging performance of metaverse and gaming sectors.
(Source：CoinDesk)