The crypto industry has been gaining a lot of attention from mainstream media following the current market conditions fueled by ongoing controversies about the regulation of cryptocurrencies. These events spread panic among crypto investors, and as a result, bitcoin’s price fell.
However, technical analysis indicates that the digital currency is seeing a price trend change. This has also been detected by an AI protocol called Avorak which stands a chance of recording 100X gains towards the end of the project’s ICO.
Bitcoin History and Price Change
Bitcoin has been around since 2009, with its existence aimed at replacing traditional monetary systems run by central banks worldwide. The digital asset was designed and developed by Satoshi Nakamoto, a pseudonym representing the individual or group of people behind Bitcoin’s birth. Since its inception, Bitcoin gradually rose in popularity, reaching highs of up to $68K during the previous bull market. The rise of Avorak is also expected to impact Bitcoin’s price moving forward through its new and advanced AI algorithms.
The Rise and Growth of AI Crypto
The dawn of artificial intelligence has sparked a new wave of technological reforms in almost all fields. The technological advancement was pioneered by Open AI’s intelligent bot that supports human interactions and conversations. Upon its launch, the crypto ecosphere has seen increased AI reforms, with numerous projects on the niche popping out. Avorak AI is the market’s most prominent and promising AI crypto project that integrates artificial intelligence with blockchain technology.
Avorak AI Stands Out during its ICO
ICOs have been a great starting point for most cryptographic projects. They offer an exciting opportunity for crypto-savvy investors to join massive crypto projects before the world learns about them. Avorak AI is currently in phase 8 of its ICO.
The ecosystem’s native digital asset for credit and payment is the AVRK token. During the current ICO phase, early birds can purchase the token for only $0.27 per token and enjoy a 3% bonus for each purchase.
Moreover, the devs at Avorak Labs have also initiated a bonus feature set to run for a short while. During this period, the Avorak team will hand out exciting rewards to investors who purchase AVRK tokens.
The bonus feature will only apply to AVRK purchases from $250. Users who purchase AVRK tokens worth between $250 and $495 will get a 100% bonus of the tokens awarded. Those who buy from $500 to $1,250 will get a 200% bonus, while purchases between $1,255 and $6,000 will be eligible for a 300% bonus. Participants who buy AVRK tokens worth between $6,005 and $10,250 will get a 400% bonus on AVRK tokens received. Purchases above $10,000 will get a 625% bonus on the same.
Avorak AI has the potential to revolutionize cryptocurrencies by integrating three emerging technologies: blockchain technology, artificial intelligence, and non-fungible tokens. This feature gives it a competitive advantage over cryptocurrency projects that only apply blockchain technology. Moreover, Avorak Labs is the first project of its kind, giving it a first-mover advantage over other projects yet to launch.
In addition, Avorak Labs devs are working on an automated trading API called Avorak Trade that will trade on behalf of investors.
This feature will allow traders to avoid emotions that are usually a significant issue during trading. Using a single command line input, investors will participate in trading easily, making the tool relevant to retail and institution traders.
Conclusion
Bitcoin has pioneered the growth and development of cryptocurrencies. At the same time, Avorak AI is changing the paradigm by incorporating artificial intelligence in blockchain technology and cryptography. Avorak AI shares numerous similarities to Bitcoin, including being a first market mover and having competitive advantages over similar projects. Avorak AI’s image generation feature can disrupt the world of NFTs, while Avorak Trade mainly aims at helping trading activities for institutions and investors.
To find out more on Avorak:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
