Avorak AI, a new AI crypto project, has exceeded expectations in its initial coin offering (ICO) event. And in the crypto world, where trends can shift rapidly, comparisons to other digital assets are inevitable. So, how does Avorak AI stack up against two prominent cryptocurrencies, Dogecoin and Polygon?
Avorak AI (AVRK)
Avorak AI is a new AI platform built on the Binance Smart Chain. Avorak combines AI and crypto to offer solutions that help its users stay ahead of competition.
Avorak Trade, for example, can help traders make more efficient trading decisions. The AI trading bot can work on different exchanges, alerting users in case of any trend or pattern changes. Avorak’s deep learning mechanisms can help traders predict the future prices of different asset classes such as crypto, traditional fiat, and stocks. Additionally, the trading bot can generate large sets of indicators and include services like TradingView to provide better visuals for its users.
AVRK tokens power the Avorak ecosystem and will be used to access its AI services. Crypto Baby and Crypto Shrek featured Avorak AI in their recent YouTube videos, talking about the platform’s features and the exciting benefits that come with getting AVRK through ICO.
Avorak’s ICO event beats expectations
Currently, AVRK is selling at $0.145 in phase 3 of its ICO and includes an 8% on-top bonus. The AVRK token is up by a whooping 140% from its initial price. Since the ICO event went live on 1st March, Avorak AI has been making notable moves and attracting more investors in the crypto world. This has exceeded many crypto analysts’ predictions, driving them to revise their estimations for this project.
How Does Dogecoin (DOGE) and Polygon (MATIC) compare?
Polygon is a layer-2 scaling solution built on top of the Ethereum blockchain. It was previously known as Matic Network and rebranded to Polygon in 2021. By using a combination of technologies such as Plasma and PoS (Proof of Stake), Polygon is able to offer faster transaction speeds and lower transaction fees than Ethereum. However, the price of MATIC has been on a notable decline for the past 30 days.
Dogecoin is the first meme coin. It gathered a lot of popularity since its creation in 2013 with endorsements from famous people like Elon Musk. Despite their usual cuteness and humor, many crypto analysts are predicting that AI cryptocurrencies might soon overtake meme coins. This can already be seen through the movements of crypto whales such as Elon Musk to AI. AVRK’s price is already higher than that of DOGE, and with Avorak surpassing the expectations of analysts, AVRK might be well on its way to overtaking DOGE in popularity.
Conclusion
Avorak AI has demonstrated its potential to become a major player in the crypto market. With its continued success in presale, AVRK might reach and even surpass DOGE and MATIC in areas where it already hasn’t.
For more information on Avorak AI and its ICO:
Website: https://avorak.ai
Whitepaper: https://avorak-labs-and-technology.gitbook.io/avorak-a.i-technical-whitepaper/
