The crypto environment has been pushed to higher ranks with meme coins such as SHIB and DOGE. Since introducing the two into the ecosystem, many participants, including institutions and venture capitalists, took the opportunity at hand and invested in the digital assets. First came DOGE as a mimic of a Japanese dog breed, which increased exponentially because of social media; then came SHIB, which also had a huge rise. As technology advances, Avorak AI is considered to help trade the two coins and the entire crypto markets.
What are Meme Coins?
Meme coins are digital assets that surfaced due to internet memes or jokes. They commence with low prices and ICOs then the minority blow up with hype from influencers like Elon Musk. For instance, the DOGE coin had massive traction after Elon’s tweet that featured the coin. SHIB came as a meme branded from a famous Japanese dog breed and later captured the attention of crypto investors.
Avorak can Help Trades in Blockchain
Avorak is a digital currency project interlinked with artificial intelligence (AI) and can provide participants in the blockchain community with various aids in trading, content creation, and image generation. There are more observable traits that ensure participants of the platform will benefit significantly from a decentralized environment. With its native currency AVRK, the platform aims to reward users who partake actively in the ecosystem’s activities.
For a crypto project to develop, there needs to be quality and sustainability assured by the founders and the team partakers. The platform has three well-educated and competent leaders in the virtual world. Moreover, as the first AI crypto in the field, Avorak is proud to prove its existence as it believes competition will arise from other eminent projects. The project has an automatic deflationary mechanism that will burn 2% of the total revenue generated upon payment.
AI crypto has also offered to provide bonuses for their users who have been actively engaged since the start of the project as the ICO project nears the end. Currently, the initial coin offering is in phase 8. Moreover, the peg of AVRK (native token) has been updated to $0.27 per token.
Avorak has an artificial intelligence tool that helps traders as they conduct their trading activities. Avorak Trade helps traders execute trades efficiently with less hustle needed. The AI looks at past market movements and conducts a study for a possible change of market direction. The trading assistant also comes up with technical indicators that will help the trader during the execution of the trades.
Bottom-line
Cryptocurrency has existed for the last decade and has come out positively despite the critics embedded within society. Earlier in 2017, many individuals who had invested in Bitcoin reaped their benefits. The same situation occurred to DOGE and SHIB participants, although some users joined late for fear of missing out (FOMO). The two digital currencies spiked to newer heights.
For more information on Avorak AI:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
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