被低估的加密代币：计算令牌窃取节目吗？

计算令牌正在为其在AI和分散计算中的潜力而受到关注，但是与GameFI和传统财务相比，它们仍然被低估了吗？

Undervalued Crypto Tokens: Compute Tokens Stealing the Show?

被低估的加密代币：计算令牌窃取节目吗？

The crypto market is buzzing, but not all tokens are created equal. While GameFi tokens often enjoy sky-high valuations based on potential, a different breed of crypto asset is quietly making waves: compute tokens. These tokens, powering decentralized networks that provide GPU power for AI and other compute workloads, might just be the most undervalued assets in the crypto space right now.

加密市场正在嗡嗡作响，但并非所有令牌都是平等的。尽管GameFi令牌通常会根据潜力而获得高高的估值，但其他品种的加密资产却悄悄地引起了海浪：计算令牌。这些令牌，为AI和其他计算工作负载提供GPU功率的分散网络的动力，现在可能只是加密货币空间中最被低估的资产。

Compute Tokens vs. GameFi: A Reality Check

计算令牌与Gamefi：现实检查

Remember the GameFi craze? Projects with billion-dollar market caps struggled to attract active users. Compute tokens, on the other hand, are powering functional systems that are already processing real workloads. Yet, their collective market value remains a fraction of traditional centralized players like CoreWeave.

还记得Gamefi热潮吗？具有十亿美元市值的项目努力吸引活跃的用户。另一方面，计算令牌正在为已经处理实际工作负载的功能系统提供动力。然而，他们的集体市场价值仍然是像Coreweave这样的传统集中式参与者的一小部分。

The CoreWeave Comparison: A Stark Contrast

CoreWeave比较：鲜明的对比

Consider CoreWeave, a centralized AI infrastructure provider closely integrated with Nvidia. Its stock is up 300% year-to-date, driven by its dominant position and contracts with major players like OpenAI. While CoreWeave is rewarded for its centralized approach, decentralized compute networks offer similar services—AI inference, rendering, and compute power—without needing to raise billions in debt or equity. These networks act as brokers, connecting existing GPUs to users and saving on capital expenditure.

考虑CoreWeave，是与NVIDIA紧密集成的集中的AI基础设施提供商。它的股票从毕业前上涨了300％，这是由于其主要地位和与OpenAI等主要参与者的合同所驱动的。尽管CoreWeave因其集中式方法而受到奖励，但分散的计算网络提供了类似的服务（AI推断，渲染和计算功率），而不需要提高数十亿美元的债务或权益。这些网络充当经纪人，将现有GPU与用户联系起来并节省资本支出。

Why the Undervaluation?

为什么要低估？

Despite addressing the same market need as CoreWeave, and in some ways offering a more capital-efficient and globally scalable model, compute tokens remain modestly valued. The market seems to treat GameFi with irrational exuberance, while distributed compute tokens may be suffering from the opposite problem.

尽管解决了与CoreWeave相同的市场需求，并且在某些方面提供了更高的资本效率和全球可扩展模型，但计算令牌仍然适度。市场似乎以非理性的旺盛对待Gamefi，而分布式的计算令牌可能遇到了相反的问题。

Sogni AI: A Glimpse into the Future

梦想AI：瞥见未来

Projects like Sogni AI, a decentralized platform for generative AI workflows, are leading the charge. Sogni's mainnet launch on Base and Etherlink, coupled with its SOGNI token listing on major exchanges like Kraken and MEXC, highlights the growing interest in decentralized compute solutions. Sogni's focus on creating an open and economically sustainable environment for creative AI applications showcases the real-world utility of these networks.

Sogni AI之类的项目是一个用于生成AI工作流的分散平台，正在领导这一收费。 Sogni的Mainnet在基地和Etherlink上的发射，再加上其在Kraken和MexC等主要交易所上的Sogni代币列表，强调了对分散的计算解决方案的兴趣日益增长。 Sogni专注于为创造性AI应用创造开放且经济可持续的环境，展示了这些网络的现实实用性。

Beyond Compute: Other Undervalued Gems

超越计算：其他被低估的宝石

It's not just compute tokens that deserve attention. Projects like Kaspa (KAS), with its lightning-fast proof-of-work blockchain, XRP (Ripple), poised for growth in global payments, and Hedera (HBAR), backed by industry giants and powering real-world use cases, are also trading below their potential.

值得关注的不仅是计算令牌。 Kaspa（KAS）及其闪电般的工作证明区块链，XRP（Ripple），有望在全球支付中增长的项目，以及由行业巨头支持的Hedera（HBAR）（HBAR），以及为现实世界中的用用案例提供动力，也在其潜力以下进行交易。

The Token Unlock Factor

令牌解锁因素

Keep an eye on upcoming token unlocks. Events like the recent unlocks of Optimism (OP), Sui (SUI), and Ethena (ENA) can introduce volatility but also present potential buying opportunities. Monitoring these events can provide insights into market sentiment and project fundamentals.

请密切关注即将到来的令牌解锁。诸如最近的乐观（OP），SUI（SUI）和Ethena（ENA）之类的活动可以引入波动性，但也会带来潜在的购买机会。监视这些事件可以提供有关市场情感和项目基础知识的见解。

Final Thoughts: Time to Pay Attention

最终想法：注意

While the crypto market can be a wild ride, strong fundamentals eventually shine through. Compute tokens and other undervalued altcoins offer a compelling investment opportunity for those willing to look beyond the hype. So, do your research, keep an eye on market trends, and get ready to unearth the hidden gems of the crypto world. Who knows, you might just stumble upon the next big thing!

虽然加密市场可能是一个疯狂的旅程，但强大的基本面最终会闪耀。计算令牌和其他被低估的Altcoins为那些愿意超越炒作的人提供了令人信服的投资机会。因此，进行研究，关注市场趋势，并准备发掘加密货币世界的隐藏宝石。谁知道，您可能只是偶然发现下一个大事！