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Best Crypto To Buy Now As Sam Altman Rejects $97.4B OpenAI Takeover Bid By Elon Musk

Best Crypto To Buy Now As Sam Altman Rejects $97.4B OpenAI Takeover Bid By Elon Musk

Insidebitcoin2025/02/12 13:11
By: Insidebitcoin
AIOLD0.00%AI16Z+3.56%PEPE+6.45%

OpenAI chief executive Sam Altman has rejected a $97.4 billion takeover offer from a consortium of investors led by Tesla and SpaceX founder Elon Musk.

ChatGPT owner OpenAI is “not for sale,” according to Altman. He and Musk were among the initial co-founders of the AI company, but a public falling out led to Musk’s departure.

Best Crypto To Buy Now As Sam Altman Rejects $97.4B OpenAI Takeover Bid By Elon Musk image 0

OpenAI’s Sam Altman Says Focus Is Helping ”All Humanity”

Speaking on-stage at the AI Action Summit in Paris, Altman said that OpenAI has a “mission of making AGI (artificial general intelligence) benefit all of humanity.”  

That comes after Musk attorney Marc Toberoff confirmed that he had submitted the bid for all of OpenAI’s assets to its board on Monday.

In a Feb. 10 response on X to Musk’s takeover bid, Altman said “no thank you.” He went on to offer to buy Twitter for $9.74 billion. Musk replied to the post on his social platform, calling Altman a “swindler.”

Best Crypto To Buy Now As The Spotlight Turns To AI

Musk’s bid for OpenAI and its public rejection by Sam Altman has turned the spotlight back on the AI crypto space, which is making a comeback bid after a short period in the doldrums. 

The AI crypto space saw its market capitalization climb 1.7% to $28.3 billion in the last 24 hours, according to CoinGecko. The AI agent crypto sector’s market capitalization has surged almost 3% to $7.11 billion in the same period, after an even stronger bounce back the previous day.

With this comeback for AI cryptos and the renewed attention on the sector amid Musk’s bid for OpenAI, what is the best crypto to buy now in the space? Here are three candidates that are well thought of by some analysts: 

ai16z (AI16Z)

ai16z is the first venture capital decentralized autonomous organization (DAO) that is led by AI agents. These agents aim to leverage artificial intelligence, as well as collective intelligence, to make more informed investment decisions and potentially redefine venture capitalism.

ai16z is a trending token on CoinGecko, and has risen more than 28% in just the last week. It has, however, undergone a 13% correction in the last 24 hours to trade at $0.488 as of 2:08 a.m. EST. This pullback could be a healthy correction before another leg up, presenting investors with the opportunity to buy the AI agent crypto at a discount.

The crypto set its all-time high of $2.47 on Jan. 2. Should it revisit that price, it would around 80% gain from its current level.

Virtuals Protocol (VIRTUALS)

Virtuals Protocol is a project that aims to change the way people interact virtually through its native AI and metaverse protocol. Using its AI models, the project’s protocol enhances user experience in virtual worlds, and enables more dynamic and interactive environments.

Similar to AI16Z, the altcoin experienced a 24-hour correction, but is still up more than 4,467% over the last year. This could be another case of an altcoin undergoing a healthy correction before another leg up.

VIRTUALS also set its all-time high of $5.07 on Jan. 2. Revisiting this price point will result in a more than 74% gain.

MIND of Pepe (MIND)

There are also some promising AI agent projects in the presale space, and one that’s getting rave reviews is  MIND of Pepe . Investors have already backed it to the tune of $5.8 million in less than a month.

MIND is the first AI agent crypto that also carries the branding of a meme coin titan like PEPE. That means it straddles the two hottest sectors in crypto: meme coins and AI.

Central to the project is a sophisticated AI model that plugs into social media platforms such as X and Discord to identify emerging crypto trends through hive mind analysis.

After the AI agent identifies a developing trend that presents a potential profitable trading opportunity, the model shares its insights with the MIND of Pepe community through token-gated groups.

The project’s clever combination of the booming meme coin space, the growing AI agent crypto sector and the hype around PEPE-themed tokens gives it very strong foundations.

Recently, an analyst from the popular YouTube channel 99Bitcoins, which has over 721K subscribers, said the opportunity to invest in MIND during its presale “is too good to pass up.”

 

Selling for $0.0033055, MIND can be purchased with either ETH, USDT, BNB or bank card. Investors can also stake their MIND tokens for a huge 392% annual return.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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