The rise of projects like Avorak AI and Shiba Inu serves as a reminder of the incredible opportunities within the crypto market. However, discovering such gems can be challenging, especially for new investors. So, how do you uncover these crypto gems before they become mainstream?
How to determine 100x potential
To determine the potential for such significant returns, it is essential to evaluate the project’s fundamentals. This includes assessing the team’s expertise and track record, the project’s technology, unique selling proposition, and its competitive advantage within the market. Additionally, studying the tokenomics and distribution model is crucial to understanding if the project has scarcity and utility, which usually drives value appreciation. Analyzing the project’s community engagement, social media presence, and partnerships can also provide insights into its growth potential. Monitoring market sentiment, upcoming catalysts, and developments in the broader crypto space can help identify opportunities before the masses. A combination of fundamental analysis, market awareness, and a long-term perspective increases the likelihood of finding crypto gems with 100X potential.
What is Shiba Inu?
Shiba Inu (SHIB) is a cryptocurrency that was created in 2020, drawing inspiration from the Shiba Inu dog breed and the viral success of Dogecoin (DOGE). SHIB quickly gained a large following and currently has a vibrant community known as the Shibarmy. This community plays a vital role in promoting and advocating for SHIB’s widespread acceptance and continued social media prominence, which has been instrumental in driving its growth. By closely monitoring market sentiment and capitalizing on the growing interest in meme coins, early investors identified Shiba Inu (SHIB) as a potential gem before it gained mainstream popularity. SHIB now ranks among the top cryptocurrencies by market cap and the project’s development is constantly working on improving its utility in a bid to move from the meme coin status.
Avorak AI: A possible 100X in 2023
Many analysts and experienced investors have claimed that Avorak AI (AVRK) can surge by 100X this year, and not without reason.
Avorak AI is based on the AI Crypto space, which is projected to have significant growth in 2023 and beyond. Avorak is also a first mover in this space, allowing it to gain a competitive edge. Additionally, Avorak is in its initial coin offering (ICO) phase, and this low market capitalization allows it to surge by great magnitudes.
Avorak, being the first comprehensive AI solution on the blockchain, is expected to gain a large user base. This is because its AI solutions span across industries, including 3D computer graphics, content creation, customer service, trading, architecture, online shopping, security management, and more.
Avorak’s solutions, such as its trading bot, have made quite an impression while in development. This trading bot is capable of automating trades across exchanges and asset classes, generating indicators and price predictions, and offering real-time alerts on market changes. The bot has a unique non-code-based command-line input that ensures accessibility even to non-power users.
Aside from its solutions, the Avorak team has also launched an NFT collection through the combination of AI, blockchain technology, and unique digital art. And apart from their aesthetic appeal, these NFTs offer real-world benefits to owners, such as free lifetime access to Avorak Trade and 50% off on several Avorak products.
Avorak has strong tokenomics, requiring its native token, AVRK, as payment for its services. There’s a maximum supply of 40 million AVRK and the project has a burn program to ensure continuous deflation. AVRK can be staked to acquire additional credits or traded on crypto exchanges.
Belief in Avorak’s potential for growth and returns can be seen in the continued success of its ICO. The second-to-last phase has progressed by over 50%, with numerous investors joining to get the benefits offered. These benefits include discounted AVRK prices, token bonuses, and priority access to the project’s staking pools.
AVRK is currently selling at $0.255, and with its launch price set at $1 and possibility of a 100x after, investors still have a chance to get great returns with Avorak AI.
For more information on Avorak AI:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
