Veteran Analyst il Capo Reveals He’s Buying More of This Altcoin After Today’s Rally

Il Capo of Crypto, one of the well-known analysts of the cryptocurrency world, announced in his statement that he has made new additions to his portfolio.

According to the information shared by il Capo with his followers today, the analyst increased the amount of Phala Network (PHA) in his portfolio following the performance of the altcoin. PHA attracted the attention of the cryptocurrency market by increasing by 61% in the last 24 hours.

Describing the increase in PHA’s price as “a magnificent performance,” the analyst added that this could be an indicator of what to expect from AI altcoins in the coming period.

PHA is listed on Binance but not yet on Coinbase. However, with a market cap of $385 million, the altcoin is among the relatively small-cap AI altcoins.

Additionally, the analyst noted that he has increased his exposure to DATA and several AI altcoins.

At the end of his post, il Capo also claimed that a “season of artificial intelligence” was coming.

In another post he made recently, the analyst reported that ENA and AIOZ were also in his portfolio.

*This is not investment advice.

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