#aicoins #crypto #altcoins
Phala Network is an AI-augmented blockchain platform concerning cloud computing, but with a focus on privacy. It’s positioned as a decentralized alternative to traditional cloud computing services such as Amazon AWS or Google Cloud.
The decentralized cloud computing market is rapidly expanding. Phala Network's focus on privacy could position it as a preferred choice for businesses and individuals seeking to protect sensitive data.
PHA token is the native token of Phala network and currently has a market cap of around 100 million. It’s peak market cap in the last bull season was around 300 million and it recently touched the market cap of 227 million in march this year. So it can easily do a 2x to 3x in the short term.

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