As the artificial intelligence (AI) hype that has gripped the world is still going strong, cryptocurrency AI projects are going through a renaissance of interest, as well, and one of them has caught the attention of a renowned early advocate for Bitcoin (BTC), Davinci Jeremie.
Indeed, Jeremie, who famously championed Bitcoin back when the maiden cryptocurrency was trading at a mere $1, has recently demonstrated interest in Octavia (VIA), the Web3 AI project which he described as having “big ambitions and an even bigger blueprint,” in an X post shared on April 1.
According to the Bitcoin champion, the company behind Octavia has “just dropped their roadmap to success, outlining their strategy to create a multi-billion-dollar empire, and that “AI narrative continues to gain more traction and this token could do well this cycle.”
What is Octavia (VIA)?
As it happens, Octavia Labs launched its sophisticated AI assistant equipped with detailed crypto knowledge and direct access to on-chain information in late February 2024, shortly after which one of the leading crypto exchanges in the world, Bitget, announced it was listing the AI tool’s VIA token.
Specifically, the AI assistant features cloud connectivity, with the unique ability to connect to both the internet and the blockchain, secure integration that recognizes and authenticates users’ communication, as well as an inbuilt AI working memory that allows it to learn individuals’ preferences over time.
Octavia price analysis
For now, the price of Octavia’s native VIA token stands at $1.18, recording a decrease of 2.98% on the day when the majority of assets in the crypto market are trading in the red, as well as declining 3.85% on its weekly chart, and losing 46.49% in the past month, as per the data retrieved by Finbold on April 2.
All things considered, AI technology is currently a profitable field for many industry players and has already exercised a positive effect on the price of artificial intelligence stocks and crypto assets, which is why more tech-savvy individuals are jumping on the bandwagon.
In this context, Octavia’s AI project could, indeed, succeed in becoming one of the largest in its field, consequently pushing the price of its native token to skyrocket with it. However, it is important to do one’s own research before investing as the crypto sector can sometimes be volatile.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
