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Showing posts with the label profit

75% of AI Initiatives Are Delivering Losses to Tech Companies

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After the Metaverse concept failed in 2022, AI took over the spot to become the ‘next big thing’ in technology. Multinational corporations spent billions to build the Metaverse, only to see their projects fail remarkably. Mark Zuckerberg had to fire 11,000 employees after spending more than $10 billion on the failed Metaverse project. Now Artificial Intelligence (AI) is following a similar path, as only 25% of all AI initiatives have generated profits, while 75% of all projects have delivered losses on investments. Also Read: Top Crypto to Buy Now as Ripple Eyes Circle Acquisition The latest report from IBM highlights that just 25% of all AI initiatives have delivered profits as return on investment (ROI). In the report, IBM surveyed around 2,000 CEOs during the first quarter of 2025. According to the majority of the CEOs, the return on investment in AI technology has been disappointing. Billions of dollars are being spent to develop the technology with little to no profits ...

Crypto trader turns $3.3k into $2.5 million in 3 hours

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A cryptocurrency investor has recorded over $2 million in returns by investing in the Solana (SOL)-based meme coin Slopfather (FATHA), which is witnessing an increasing capital inflow. The trader, suspected to be a user with the X username Cooksassistant , initially invested $3,300, which turned into a staggering $2.5 million in just three hours, according to data shared by Lookonchain on November 23. According to the trade Analysis , the trader purchased 57.89 million FATHA for 13 SOL on Pump.fun, a platform that allows the creation of meme coins.  Picks for you AI predicts Stellar Lumens (XLM) price for year-end 49 mins ago Romania is using blockchain to count presidential electoral votes today 1 hour ago...

Bitcoin euphoria is here: Analyst sets roadmap for ‘euphoric phase’

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Bitcoin (BTC) is on a bull market after breaking out of its all-time high of $73,800, fuelling market euphoria. Historically, this “euphoric phase” will last for a few months before making a new top and reversing back down. Ki Young Ju, founder and CEO of CryptoQuant , greeted Bitcoin’s euphoria and warned investors about the “euphoric phase” roadmap. In particular, the crypto executive and analyst highlighted that “euphoria” usually lasts three to 12 months, except for 2021’s cycle. According to him, euphoria started two weeks ago, and 99.3% of all BTC addresses are in profit right now. Picks for you Dogecoin on track for a 100% rally to $0.82, analysts predict 6 mins ago Buy before it soars: Key levels to watch as Solana (SOL) targets ne...

Shiba Inu: What A $100 Investment During Its Launch Net You

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The cryptocurrency industry has been home to thousands of assets from different categories. Dogecoin (DOGE), the OG meme cryptocurrency, was the only reigning over the meme coin market. But the debut of Shiba Inu (SHIB) was a game changer. SHIB grew in popularity and soon started changing the financial status of many. Also Read: Solana (SOL) Predicted To Grow 5x To $776: Here’s When Shiba Inu’s Performance And Potential Profits Shiba Inu had a reasonably good end to September. The asset recorded a 30% increase over the past seven days. Following a slight setback at press time, the meme coin was trading at $0.00001842 with a 2.23% daily drop. Source The meme coin is 79% below its all-time high of $0.00008845. Despite its recent dip, Shiba Inu has surged by more than 22323419.05% since its origin in 2020. Also Read: Powell’s Rate Cut Hints: Crypto Market Set for a Boost? How Much Profit Would An Early Entry Into Shiba Inu Bring? Shiba Inu was first launched in August 2020. The asset kick...

Crypto trader turns $1.3k into $3.4 million in 15 days

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A cryptocurrency investor has taken advantage of the ongoing boom around meme cryptocurrency Moo Deng (MOODENG) to record over 2,500-fold returns on their initial investment. The gains by the unidentified investor came from an investment of $1,331, which turned into a staggering $3.4 million in a trading initiated on Raydium, an automated market maker (AMM) platform built on Solana (SOL) involving the MOODENG/SOL pair, data shared by Lookonchain indicates. The trade occurred on September 10, when the trader purchased 38.7 million MOODENG tokens for 9.8 SOL, valued at $1,331. Just two weeks later, on September 25, the value had skyrocketed, pushing the total worth to over $3.4 million, thanks to a sharp rise in the price of MOODENG, powered by the growing virality of the token on social media. Picks for you Here's what Bitcoin needs bef...

Crypto insider turns $600 into $2.5 million of unrealized profits

A crypto insider has made over $153,000 of realized profits in 15 hours, trading in the Solana (SOL) ecosystem. The cryptocurrency trader started with a purchase worth $600 and currently holds over $2.5 million worth of VibeCat (Minette). Interestingly, the address purchased the tokens at the same block VibeCat’s developer added the initial liquidity to the decentralized exchange. This is a solid indicator of inside trading, considering Solana blocks have an interval of 400 milliseconds. As developed, the crypto insider withdrew 3.89 SOL from Binance, worth $600. With this initial amount, the address bought 2.46 Minette less than a second after its creator deposited the first available liquidity for trade. Picks for you Bull rally incoming as Ethereum whale stacks over $32M in ETH since May 17 mins ago We asked ChatGPT what will be SHIB price in 2025; Here’s what it said 2 hours ago R. Kiyosaki's stark warning: Stop living in Disneyland and prepare ...