$NOS | Nosana | Published Nov 15, 2023
Website link: https://nosana.io/
Nosana is building a distributed GPU cloud computing network for AI inference.
The thesis is simple:
1) The Solana app layer is undervalued.
2) Nosana is building something similar to Render Network, which is currently valued at $1B.
We think NOS could reach a $250M+ FDV under sustained bullish market conditions.
Obvuously, if this bullish market rolls over, low cap token like $NOS will not fair well.
$NOS can be purchased on jup.ag:
(token address: nosXBVoaCTtYdLvKY6Csb4AC8JCdQKKAaWYtx2ZMoo7)
Due to low liquidity, if you plan to buy more than $500 or so, consider using the DCA function on Jupiter to spread out your buys.