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Forget Nvidia Inc. (NASDAQ:NVDA) or Microsoft (NASDAQ:MSFT), cryptocurrency may be the best way to ride the AI boom, according to Pantera Capital founder and CEO Dan Morehead.

Speaking during Alchemy’s CoBuild conference in New York on Tuesday, the OG investor in cryptocurrency, who first purchased bitcoin in 2013 when it was trading at $65, said AI and blockchain have been connected since the start, but AI is “fully priced” while cryptocurrency isn’t.

AI Is ‘Fully Valued’ Bitcoin Isn’t

“AI is very fully valued, maybe over valued and crypto is incredibly cheap relative to its value,” Morehead said. “As an investor…