Delysium – The Marriage of AI & Gaming

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14 Jun 2024

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Revisiting Delysium
Delysium is an altcoin pick which I published in December of 2023. Being an AI play, as well as a gaming play, I considered it to be attractive at the time. AI and gaming both experienced an isolated bull market during this time and as a result, significantly outperformed the altcoin benchmark. Essentially, this is what any altcoin investor worth his salt attempts to do… outperform the altcoin benchmark.
This is usually accomplished by exposure to the micro-cap and memecoin market. In the case of Delysium, I saw tremendous potential regarding the sectors involved, together with what was happening in the charts. The price action had begun to show signs of an imminent surge. The following extract is taken from the abovementioned article:

I am confident that Delysium is on the verge of some strong moves to the upside. When you look at how quickly AGI has rallied from the $0.02 mark to the $0.06 mark, it becomes abundantly clear. Micro-caps are a different animal, they can sometimes go unnoticed for ages, and then suddenly blast off without any warning. The market cap of AGI is also rather attractive, at approximately $24 million, it’s in the zone!

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When I published the article Delysium (AGI) was trading at $0.04 with a local top of $0.06. Within 3 months AGI had rallied as high as $0.67, which is 1570% from my call. I am revisiting Delysium due to its recent correction and prime positioning for accumulation. At the time of writing, AGI is trading at $0.22 with a market cap of $200 million. Investors who missed the bus might find this an attractive level.

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It’s a healthy and decent correction, clearly evident in the screenshot above. Coincidentally, the price is sitting beautifully on a solid support structure. Sure, if BTC loses its current range, it could fall lower. However, well worth a nibble. One could also wait for a few daily closes above support. Either way, it’s once again in the zone!

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Final Thoughts
AI remains a strong narrative for this bull market, as well as the gaming sector. Delysium is a calculated and well-primed exposure to both of these sectors. Furthermore, considering the current price action and recent history, it warrants investment capital. These are of course my opinions and potential investors should conduct their own research. Catch you next time!

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Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
This article was first published on Sapphire Crypto.