Artificial intelligence could be taking over the financial world as algorithms and machine learning models become increasingly sophisticated at analyzing and predicting market trends. This is why AI crypto projects like Avorak AI returned an impressive performance this quarter. Avorak AI’s returns have surpassed those of popular cryptocurrencies Shiba Inu and Arbitrum, cementing the significance of AI projects in the blockchain world.
Avorak AI
Avorak AI (AVRK) is deploying a suite of comprehensive AI tools, including chatbots, virtual assistants, trade bots, and text generators, by combining AI and blockchain technology. Avorak AI’s trade bots utilize pre-programmed algorithms to analyze and monitor market data 24/7 and execute trades, enabling traders to make better decisions and price predictions. The success of Avorak Trade has been witnessed in its beta testing stage.
Avorak AI is currently in phase five of its initial coin offering (ICO), with the AVRK token rising by 250% to trade at $0.210. The Avorak platform has undergone two audits to ensure transparency and security, with the latest SolidProof audit approving its solid infrastructure systems. The Avorak token is expected to continue rising toward its listing date on the Azbit exchange, with an expected launch price of $1. Early adopters enjoy the current 6% bonuses as they await yields from this potentially lucrative project while anticipating more benefits from the rising value of the AVRK token. Having surpassed the $1.5 million milestone, the project has outpaced most projects in the crypto space.
With the current buzz on AI writing assistants, Avorak AI introduces Avorak Write, an AI tool seeking to generate high-quality, plagiarism-free content using natural language processing and internet scraping. Avorak Write is striving to address repetitive content common with the existing AI writing assistants.
Shiba Inu
Shiba Inu (SHIB) recently experienced a significant decline in trading volume partly due to a lack of activity in the broader cryptocurrency market and this raises questions about its ability to resume its uptrend. The Shiba Inu News attributes the declining trading volume of this meme coin to a lack of buying interest and a lack of confidence among investors. While Shiba Inu’s value has been volatile in the past, its supporters remain optimistic about its long-term potential, but the recent Shiba Inu news could be a cause of concern for SHIB Army, who may have expected a rally along with other meme tokens.
Arbitrum (ARB)
Arbitrum is a Layer 2 scaling solution for the Ethereum blockchain created by Offchain Labs. It strives to solve the scalability and high transaction fees of the Ethereum network. Arbitrum intends to achieve these by offloading transactions to a sidechain, running parallel to the main Ethereum network. As a result, more transactions can be processed at a lower cost. Arbitrum crypto is compatible with Ethereum smart contracts, allowing developers to easily integrate their existing dApps and decentralized finance (DeFi) projects into the Arbitrum network. Arbitrum gained significant attention through its recent airdrop, where investors claimed ARB tokens worth thousands of dollars.
Conclusion
Avorak AI’s excellent performance over Shiba Inu and Arbitrum this quarter outlines the potential of AI crypto to disrupt the crypto world and take over the hype. With its AI and blockchain combination, Avorak AI provides solutions for investors to navigate the complexities of the digital landscape while presenting them with opportunities for profitable trades.
Find more on Avorak AI and its ICO here:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
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