If only the investors knew AI crypto, they wouldn’t have been taken by surprise. The cryptocurrency market is volatile and unpredictable, with sudden market corrections and black swan events that can take investors by surprise. However, with the help of innovative AI technologies, investors can manage risk and take advantage of market opportunities more efficiently. Crypto watchers now believe Avorak AI could have yielded an impressive 10,000% return if it were used during the Terra Luna Classic and FTX’s collapse. How can Avorak AI’s innovative technology help investors manage risk and maximize potential returns?
How Much Did Kevin O’Leary Lose in FTX?
Investor and Shark Tank judge Kevin O’Leary revealed that he lost $15 million from investing in the now-bankrupt crypto exchange FTX, which had paid him to act as a spokesperson. Kevin O’Leary claims he was paid in a mix of FTX cryptocurrency tokens and equity in the company. After deducting fees, O’Leary had around $1 million in equity but was rendered worthless due to FTX’s bankruptcy case. O’Leary stated he was drawn to FTX’s compliance systems and promoted the crypto firm aggressively on social media. Since its collapse, FTX founder, Sam Bankman-Fried, has resigned and has been arrested. O’Leary admitted he fell prey to “groupthink” but said none of his partners lost money. Celebrities, including Tom Brady and Shaquille O’Neal, have also been sued by FTX investors for promoting the exchange without sufficient due diligence.
Will Luna Classic Recover?
Luna Classic’s current price is $0.00009044, with a circulating supply of 5.86T LUNC coins. Given the current state of the market, recovery could be difficult for Luna Classic, given the challenges and setbacks the cryptocurrency has faced, including the arrest of Do Kwon. A LUNC price rise of 5% at the beginning of the year was a flicker of hope for this dead crypto. However, investors no longer trust that there will be a surge considering it may not attain $1 in 2023. If the market begins to recover and cryptocurrencies rebound, Luna Classic might experience an uptick in its price. Luna Classic’s current supply and market proposition limitations may be hindering its growth. If the development team can enhance these conditions in the future, it could potentially improve Luna Classic’s prospects.
Avorak AI
Avorak AI deploys innovative blockchain technology and trading tools. With its built-for-blockchains vision, Avorak is well-suited to navigate the challenges and complexities of the cryptocurrency market. The Avorak Trade is one of the most impressive tools defining Avorak AI’s ecosystem. Capable of surveying markets 24/7, the trading bot leverages advanced data analysis and machine learning algorithms to make accurate trading decisions.
Avorak AI has received various accolades since its ICO began. It is referred to as a small market-cap gem that has caught the attention of cryptocurrency investors. Avorak AI’s low supply of 40 million AVRK tokens could fuel demand and boost its value. As we approach phase seven of its ICO, the current value of AVRK is $0.255, having risen by an impressive 325% from its initial value. This notable increase indicates the potential that Avorak AI offers to investors who are looking for new and lucrative opportunities. Many analysts on YouTube consider it a potential 10,000% gains project.
Avorak’s comprehensive suite of reporting and analytic tools provides users with vital insights into market trends, sentiment, and risk management strategies. Avorak Write is an error-free, plagiarism-free, and advanced writing tool offering a superior writing experience. A revolutionary tool taking care of relevant visuals, and self-learning abilities, Avorak Write is undoubtedly a vital tool for generating high-quality content.
Wrap Up
With its range of advanced tools and algorithms, Avorak AI has the potential to help investors turn even the most challenging market conditions into profitable opportunities. Avorak AI’s offer of a packaged solution can help investors navigate the challenges of the cryptocurrency market. With its advanced features and cutting-edge technology, Avorak AI represents an exciting opportunity that should be on the radar of any serious cryptocurrency investor.
More on Avorak AI here:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
