Cryptocurrency projects must undertake good marketing strategies, a solid and understandable roadmap, and strong leadership with quality future visions.
Projects like Shiba Inu depicted such strategies and gained massive adoption in the cryptocurrency ecosystem. The platform’s initial coin offering (ICO) was successful, taking over the hearts of crypto lovers. Avorak AI revealed Shiba Inu had gained more active addresses over the years than Bitcoin, indicating its rise.
What is Shiba Inu?
Shiba Inu is an Ethereum-based altcoin launched in August 2020 by a group or an individual named Ryoshi. The meme coin’s native currency is SHIB, which acts as fuel for the environment. The digital asset has been considered the Dogecoin killer since it emerged and caused investors to shift from Dogecoin, the first-ever meme coin.
What is Bitcoin?
Bitcoin (BTC) is a blockchain-based cryptocurrency that can be traded and used for holding as users generate income with the asset.
The virtual currency was created by Satoshi Nakamoto in 2009 and quickly gained traction after a huge sale made by the Winklevii brothers. The digital asset uses a proof of work (PoW) mechanism where participants generate new blocks in the ecosystem through mining.
Why Avorak Will Attract Many Investors
Avorak being an artificial intelligence and blockchain-based project will develop the crypto industry to greater heights. Avorak AI will provide more features in decentralized finance that will make trading, content generation, and image creation easier for traders, writers, and designers.
Moreover, SolidProof and CyberScope have audited the AI crypto project without any issues. The project has a comprehensive roadmap well-structured from the alpha stage towards the last step (launching), set for EOY 2023. The project believes that it is the first AI crypto project that aims to develop a competent method for protecting its participants as they contribute to its growth.
The native currency for the environment is AVRK, which rewards its participants and fuels the ecosystem. There are 40 million AVRK that will be distributed, with a deflationary mechanism that burns 2% of the total AVRK.
Avorak AI has a trading assistance tool that will help traders as they conduct their trading activities. Avorak Trade will help participants worldwide in terms of automated trade and executions.
The feature uses machine learning algorithms to analyze previous data and focus on the future. Avorak AI also allows easy identification of changes in patterns or market trends.
Bottom-line
The crypto industry is full of incoming projects, and among the most significant is Shiba Inu, a meme coin that surpassed Dogecoin.
The coin quickly attracted various investors, and its market capitalization grew significantly. Avorak AI detected that Shiba Inu’s addresses had surpassed Bitcoin’s.
For more information on Avorak AI:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
