Cryptocurrency The ascent after the victory of President Donald Trump in the evening of the elections was really remarkable. The price of BitcoinThe largest cryptocurrency in the world, has exceeded $ 100,000 and many altcoins also soaring.
The price of even token Mastiff (DOGE -11.15%)) has increased by 112% since the night of the elections. Crypto supporters are optimistic about a regulatory environment which is less restrictive than under former president Joe Biden and probably downright optimistic for the sector. Dogine’s market capitalization Now has exceeded $ 49.5 billion by writing this, competing with many large technological and artificial intelligence companies (AI). Can ultimately exceed the cloud networking giant Arista networks (Annet 1.20%))Who has a market capitalization around $ 143 billion?
Arista Networks benefited from the IA trade
In all the major thematic professions, you have stocks in the trade center and those around them. It was difficult to determine the exact Center for the IA trade because it seems that almost all industries can benefit from it, and any stock which can prove that a link with AI sees its stock market increase as it happens that Investors are excited. THE “Magnificent seven“Actions have been the largest beneficiaries of AI trade, investors betting that their scale and their technological prowess can open up serious flow of income.
AI flea manufacturer Nvidia is at the center of the AI trade, even if it is really a game of Pick-And-Plant, since it makes the fleas which feed the AI solutions. Arista Networks has been grouped with the IA trade because it provides evolving cloud solutions for data centers, on which AI companies rely due to the amount of data necessary to supply technology. More specifically, Arista designs Ethernet switches that contribute to the rapid transmission of data, which the data centers need to support technology like the chips of Nvidia.
Stock was a winner In recent years and has now has a market capitalization of around $ 143 billion.
After the recent Emergence of deepA Chinese AI chatbot that would have built a solution similar to Chatgpt to a cost fraction, Arista’s stock sold intensely, like many others in the AI sector. However, most analysts believe that the company has a brilliant future. Analysts of Piper Sandler Recently – before the sale of in -depth AI in depth – said they thought that the company could be the most spoken of the “winning” of the Stargate project of $ 500 billion recently announced, because the switches represent a So much of the AI infrastructure expenses and significant market controls.
Can Dogecoin Leap Arista the networks?
Dogecoin has long been one of the largest cryptocurrencies in the world. Although it started as a throw of the same and it was still today, the life of Dogecoin lasted much longer than many people were probably waiting for it. Cryptocurrency is not considered to have a solid technical network or has a large utility. However, what Dogecoin probably did better than anyone uses the power to be a viral sensation to create a fervent community online.
Dogecoin has drawn the attention of many eminent celebrities, as Tesla CEO Elon Musk, which has created an even stronger community. Whenever Musk tweets something that has to do with Dogecoin, the price of the token often increases.
However, it is difficult to make a lot of investment cases for Dogecoin. Although there is a limit on the emission emission, there is no end date on emissions, so that the token does not provide investors with any kind of inflation coverage like bitcoin. In addition, the network offers nothing special from a technical point of view. It can process around 30 transactions per second, which is better than Bitcoin, but not as high as other networks.
I think Dogecoin can continue to go up longer as long as the Haussier market of cryptography continues. However, given that it is already more than doubled, I find that it is unlikely that it can do it again and exceed the Arista networks. If Arista Networks has stopped growing, which is not likely, the current market capitalization of Dogecoin should increase by around 186% to reach the size of Arista Networks.
The two investments are likely to be volatile, but Arista seems to have a better future with lighter catalysts than Dogecoin.
Bram Berkowitz has positions in Bitcoin. The Motley Fool has positions and recommends Arista Networks, Bitcoin, Nvidia and Tesla. The Word’s madman has a Disclosure policy.