An anonymous crypto trader known as Altcoin Sherpa is optimistic about the future performance of artificial intelligence (AI) altcoins, despite their recent underperformance. Altcoin Sherpa, who has a significant following on the social media platform X, has identified several promising projects in this space.

Altcoin Sherpa is particularly interested in Render (RNDR), a decentralized graphics processing unit (GPU) rendering blockchain, Fetch.ai (FET), an AI and machine learning platform, Arweave (AR), a decentralized data storage protocol, and RSS3, a decentralized information processing protocol. He believes that these projects have experienced a pullback in recent weeks, presenting potential buying opportunities in the near future. Altcoin Sherpa remains bullish on the sector as a whole.

In addition to these projects, Altcoin Sherpa also has a positive view on Echelon Prime (PRIME), a web3 ecosystem focused on advancing the next generation of gaming. While he personally may not buy PRIME, he sees it as a strong investment opportunity in the $15-$11 range. Technical analysis indicators, such as the Fibonacci levels and the 200-day exponential moving average (EMA), support this view.

At the time of writing, PRIME is trading at $16.70. Altcoin Sherpa’s insights and analysis should not be taken as investment advice, and investors are encouraged to conduct their own research before making any financial decisions. The Daily Hodl, where Altcoin Sherpa’s comments were published, does not endorse or recommend specific cryptocurrencies or digital assets.