Learn why more crypto traders are using AI tools to generate returns on Cardano and Polygon

With the rise and adoption of AI technologies, more crypto traders are turning to AI tools to help them generate greater returns on Cardano and Polygon. Avorak AI, a new AI platform on the blockchain, aims to revolutionize trading and has captured the attention of many traders.

How high can Cardano go?

After experiencing a significant decline in value following the crypto market turndown late last year, Cardano (ADA) is showing signs of rebounding in 2023. While it is difficult to predict the exact trajectory of any cryptocurrency, especially in such an unpredictable market, Cardano has shown resilience in the past. Additionally, its commitment to DeFi and constant developments and upgrades could catalyze significant growth. Ultimately, the potential growth of Cardano (ADA) will depend on a multitude of factors, including market trends, investor sentiment, and adoption by the wider financial industry. However, Cardano’s aggressive advancements could see it regain its glory days.

Can Polygon (MATIC) reach $1000?

Polygon (MATIC) has shown positive growth in 2023. Despite the stiff market competition, Polygon has established itself as one of the top Layer-2 blockchains. The overall trend for MATIC is bullish, indicating that its price is likely to continue increasing in 2023. However, MATIC needs to grow by around 1,000 times its current market value to reach a price level of $1000. Therefore, despite all the positive factors and the recent positive price movements, it is highly unlikely that MATIC will reach $1000 in the near future.

How to trade crypto

Trading crypto can be done by following a few steps. The first step is to sign up for a cryptocurrency exchange if you don’t have one. Some of the top-ranking exchanges include Coinbase, eToro, Bianance, and CoinMarketCap. The registration will require some personal information to complete the KYC  (Know Your Customer) requirements. Once you have an account created, you need to fund it, most exchanges accept debit and credit cards. Next, you need to pick the crypto you want to invest in. After this, you can now trade crypto. For extra safety of your crypto tokens, consider storing them in a crypto wallet, especially a hardware or software wallet. Trading cryptocurrency involves risks, and it is crucial to conduct research and understand the blockchain and its market before investing.

How can Avorak AI help crypto traders?

Avorak AI is a new AI ecosystem on the Binance Smart Chain (BSC). The platform aims to revolutionize many industries, including trading, with its AI and blockchain capabilities. Avorak ensures worldwide accessibility with its token payment system. Its native token, AVRK, will be used to pay for its AI solutions. Additionally, holders of the token will receive a share of Avorak’s profits. AVRK is currently trading at $0.180 in phase 4 of Avorak’s ICO (Initial Coin Offering). With crypto exchanges already announcing plans to list AVRK once the project is launched in July, its price might significantly increase in the near future.

Avorak Trade is Avorak’s customizable, full market analysis, automated trading bot. The AI trade bot uses AI mechanisms, such as deep learning, to identify trends and patterns in historical and real-time data sets, and provide predictions on the prices of various cryptocurrencies. Avorak Trade provides advanced visuals by generating large sets of indicators and including services like TradingView. Additionally, with many trading bots being inaccessible to non-power users due to their code programming, Avorak offers a simple command line input, programmable with a standard script. Avorak Trade also offers unmatched security of API keys through Avorak’s AI and blockchain technologies.

Conclusion

With more crypto traders using AI tools, the Avorak AI trade bot offers compelling advantages to make easier and more profitable crypto trades.

For more information on Avorak AI:

Website: https://avorak.ai

Buy AVRK: https://invest.avorak.ai/register

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Photo by Amjith S on Unsplash

Source: null tx

Leave a Reply

Your email address will not be published. Required fields are marked *