The crypto market is characterized by constantly fluctuating cryptocurrency prices. Recent cryptocurrency news indicates that Shiba Inu’s price has gone down while the recent entrant in the AI crypto space, Avorak AI, has remained strong in its positive price movements.
Shiba Inu (SHIB): Still moving from meme coin status?
Shiba Inu (SHIB) is a meme coin on Ethereum, and it has been cited as a worthy competitor to Dogecoin (DOGE). The meme coin has witnessed a significant rise in popularity, spawning a loyal community of SHIB lovers commonly known as the Shibarmy. The Shiba Inu team plans on introducing new features to the ecosystem, such as the Shibarium blockchain, to boost the utility of SHIB. However, some allegations were raised regarding the Shibarium beta testnet using a Chain ID similar to an existing blockchain. And despite developers and prominent Shibarmy members attempting to mitigate these concerns, cryptocurrency prices for Shiba Inu have tumbled because of increased skepticism over the codebase of Shibarium.
Avorak AI (AVRK): Leading AI crypto in 2023?
Amidst the decline of several cryptocurrency prices, Avorak AI has witnessed a constant price increase throughout March.
The AI crypto project aims to offer first-to-market AI solutions to anyone in the world through the blockchain. AVRK will be used to pay for these AI solutions, which include, but are not limited to, image and text generators, 3D modeling, automated video and image editing, chatbots, trade bots, and so much more. The Avorak trading bot has already displayed some of its capabilities by making predictions on various cryptocurrency prices. According to Avorak, the Avorak Trade bot will also work on other asset classes and can be used on different exchanges, creating large indicators and incorporating services like TradingView to offer enhanced visuals for traders. The AI trading bot can additionally alert traders in case of any changes and make automated trades on their behalf.
Due to Avorak’s unique solutions, more investors are joining its ICO. This has led many crypto watchers to include Avorak AI in their analysis. Recently, Crypto Pablo and Only Investors discussed Avorak AI and its potential for continued success in 2023 and beyond. This has increased the speculations that Avorak AI might rank among the largest projects by crypto market cap in the near future. Avorak is currently in phase 3, selling the AVRK token at $0.145 and offering an 8% bonus on top of investments. The AI crypto also offers other beneficial advantages to those who obtain AVRK through its ICO.
Conclusion
The recent cryptocurrency news surrounding Shiba Inu and Avorak AI has fueled suspicions that AVRK will overtake meme coins like SHIB in popularity and crypto market cap once it’s launched. Additionally, with its unique approach and solutions, Avorak AI is set to lead the AI crypto space in 2023.
Want to learn more about Avorak AI?
Website: https://avorak.ai
Whitepaper: https://avorak-labs-and-technology.gitbook.io/avorak-a.i-technical-whitepaper/
