PEPE coin recently joined the meme craze in mid-April and has surged 112% in 24 hours at a time other currencies like Bitcoin are going down. Its 7-day pump by 458% has got investors wondering about the reason behind this surge and whether it is sustainable. As the PEPE coin’s price continues to pump, traders are turning to tools like Avorak AI to help them stay up-to-date on the latest PEPE coin market trends.
What is Pepe Coin?
Pepe Coin is a new ERC-20 cryptocurrency created in mid-April 2023 as an addition to the Pepe the Frog meme family. It boasts a total supply of 421 trillion tokens, with a current market cap of $500+ billion. It emerged as a meme-inspired cryptocurrency, named after the internet meme character “Pepe the Frog.” The project injects humor and joy into the crypto space while also presenting an investment opportunity for investors. PEPE coin is a meme coin lacking inherent value or financial returns, but its popularity has sparked considerable hype among crypto enthusiasts.
Avorak AI
Avorak AI is a provider of various blockchain and crypto trading solutions using artificial intelligence technology. Avorak AI is an AI crypto platform that brings solutions to simplify human tasks and take users to the next level. Its portfolio of easy-to-use tools includes chatbots, virtual assistants, trade bots, and image and text generators. Avorak Write aims at nonrepetitive content through its natural language bank internet scraping tools. Avorak’s writing assistant produces content according to the user’s style.
Avorak AI’s running ICO in phase five allows investors on-top yields of 6% and a reduced token price of $0.210, which signifies a 250% rise in value. Fresh from its second audit, Avorak is primed to continue its record-breaking run toward its launch at $1. So far, four DEXs: Azbit, LAToken, PancakeSwap, and Coinsbit have confirmed AVRK listing on their platforms.
How Avorak AI Calls Expert Trading Signals
Avorak AI applies advanced machine learning algorithms to analyze financial data and generate trading signals helping investors make investment decisions in the stock, forex, and cryptocurrency markets. Avorak AI deploys technical and fundamental analysis to generate its trading signals. It provides price charts and market indicators to identify trends and patterns useful in predicting price movements. Avorak AI’s trade bot, Avorak Trade, is an automated trading program customized to meet the specific trading needs of each crypto trader. Investors can input their predefined parameters like specific price levels or market conditions. Avorak Trade monitors market conditions 24/7 and adjusts its trading strategies accordingly. Avorak trade bots relieve traders of the emotional biases that affect human traders. They can also monitor multiple markets simultaneously without rest or fatigue, which can be challenging for human traders.
Are Meme Coins Worth It?
Meme coins survive on the hype created by their lighthearted nature. They can manage strong support despite having no intrinsic value. Nonetheless, experienced investors and analysts appreciate that a project’s popularity alone does not guarantee long-term success. Investing in meme coins can be risky, as they are highly volatile and prone to sudden price fluctuations. While some investors have made substantial profits by buying and selling meme coins at the right time, others have experienced losses. As a result, many experts advise investors to exercise caution when investing in meme coins. Instead, they should consider projects with more concrete utility and growth potential, like Avorak AI.
Here are links to Avorak AI and its ICO:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
