Ethereum has displayed the transformative power of a new technology on the blockchain. This is why a new AI crypto known as Avorak AI is finding support among Ethereum whales.
Ethereum merge
The Ethereum merge is a major upgrade to the Ethereum network, transitioning it from a proof-of-work (PoW) consensus mechanism to a more energy-efficient proof-of-stake (PoS) by joining its Beacon Chain with the mainnet. The Merge, which was completed on 15th September 2022, is expected to bring several benefits, including improved scalability, reduced energy consumption, and enhanced security. The Merge also aims to address the challenges of network congestion and high fees, making Ethereum accessible to a wider range of users and applications. The growing support and potential of the Ethereum merge further cements Ethereum’s position as a leading platform for decentralized applications (dApps) and smart contracts.
Ethereum rainbow chart
The Ethereum rainbow chart has become a popular tool among the Ethereum community. This chart provides a visual representation of Ethereum’s (ETH) price movements, illustrating different price bands and market cycles over time. It uses a color spectrum to represent various price levels, with lower prices (significantly overvalued) depicted by blue and higher prices (significantly undervalued) represented by red. The Ethereum rainbow chart is a valuable resource for traders, analysts, and enthusiasts, offering insights into potential trends and turning points. By studying the chart, individuals can gain a better understanding of Ethereum’s price history and make more informed decisions regarding buying, selling, or holding ETH. The Ethereum Rainbow chat suggests a significant increase in ETH’s price amid news of the Bank of China’s investment arm, BOCI, issuing digitally structured notes worth $28 million on its blockchain.
Avorak AI
Avorak AI has gained recognition in the crypto community because of its first-to-market approach and competitive advantages. Avorak offers the first comprehensive and interactive Artificial Intelligence (AI) solution on the blockchain. The project has solutions for trading, content creation, 3D modeling, architectural blueprint drafting, device security and management, data analytics, and more.
The Avorak Trade bot best demonstrates the uniqueness and effectiveness of Avorak’s solutions. This AI trading bot can automate trades on different exchanges and asset classes, provide indicators and price predictions, and alert traders to any market changes. Avorak Trade is programmed with a simple non-code command-line script rather than codes to ensure increased accessibility and ease-of-use. The bot is also capable of learning from its user’s preferences and strategies to provide better quality of service every time.
Avorak AI has a solid roadmap and its highly experienced team is actively working on actualizing it. The project is currently in its beta phase, allowing ICO (initial coin offering) investors to explore interface controls and flagship products, providing feedback to the dev team and contributing directly to its goal of becoming the leading blockchain-powered AI. The Avorak ICO is in the last phase, offering AVRK at a discounted price of $0.27 and benefits such as token bonuses, and priority in staking pools and beta products.
AVRK is the native token of the Avorak AI ecosystem, used for paying for its AI services and other utility functions. AVRK can be staked to increase total hold of the project’s market cap as holders are guaranteed 49% share of Avorak’s profits. AVRK can also be used for incentivized liquidity provision through DEXs (Decentralized exchanges).
Avorak AI has made significant waves in its ICO, securing several exchange listings and launching a one-of-a-kind NFT collection. Industry experts are bullish on the future of this project, many of them suggesting a significant surge past the launch price of $1.
For more information on Avorak AI:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
