2023-6-26 23:00 |
AltSignals continues to hit new milestones in presale this year.
So far, it has raised a total of about $1.02 million via the presale which means there’s only 5.0% more to go before it hits $1.08 million and successfully concludes the “Stage 1” of its presale.
Its native token that goes by the name of “ASI” is worth $0.015 at writing – up a whopping 25% already within a matter of months.
More importantly, the financial technology company expects its crypto token to hit $0.02274 in the final stage of the presale as investors continue to look for ways to play the rapid growth in artificial intelligence.
If such an increase indeed materialises, those who invest in AltSignals today will relish a 50% return by the end of the presale.
A.I. is not like the tech bubble of late 90sArtificial intelligence has really been the name of the game in the financial space ever since Microsoft announced a multi-billion-dollar investment in OpenAI – the company behind the oh-so famous ChatGPT.
It’s what has contributed the most to an over 15% gain in the S&P 500 this year. Notable names that sit right at the heart of A.I. like Nvidia and Tesla have doubled or even tripled their share price year-to-date.
But that’s left many questioning if the A.I. mania resembles a bit too much to the dot-com bubble of the late 1990s. Thankfully, though, experts including Kevin Philip – Partner at Bel Air Investment Advisors sees it otherwise.
We do not believe what we are seeing today is the equivalent of the tech bubble in the late 90s or in the leverage-driven nature of the market leading up to the [financial crisis].
Philip is convinced that the A.I. companies today have fundamentals that are far superior than the internet companies of the late 1990s.
His outlook is in line with Wells Fargo Securities’ head of equity strategy Chris Harvey who added in a recent research note that artificial intelligence is a technology that has immediate commercial applications.
If anything, such views bode well for the future of AltSignals. Let’s see why.
AltSignals is an A.I. playAltSignals is primarily a trading signal service that helps investors make better decisions in terms of moving in and out of a financial asset – be it stocks, forex, or cryptocurrencies.
The company calls its flagship service “AltAlgo” but what’s more exciting is its upcoming artificial intelligence-enhanced version of the trading toolkit – ActualizeAI.
ActualizeAI, as the name suggests, will use artificial intelligence to further improve the accuracy of the trading signals to deliver even bigger returns to investors. Naturally, it’s expected to grow the user base thereby helping not just the business at large but price of the ASI token as well.
Is it worth buying the ASI token?The launch of ActualizeAI will likely be a tailwind for ASI because the crypto token is what will power the trading platform.
AltSignals plans on using the native token as shares which secure right for the owners to have a say in matters related to how the company is run and what direction does it take.
More importantly, the ASI token will be central to accessing ActualizeAI and its world of features, including opportunities to make money via taking part in a trading tournament for example. So, if ActualizeAI attracts more users to AltSignals with its A.I.-based enhancements, it will boost the demand for the crypto token that, in theory, should result in a price increase.
It is also noteworthy here that investors who secure exposure to the ASI token in presale will get early access to ActualizeAI and its benefits. A details guide on the website of AltSignals explains how to buy the crypto token in three simple steps.
What else could be a tailwind for AltSignals ($ASI)?On Telegram, AltSignals now has more than 52,000 users. The number of subscribers on its VIP group has also now surpassed 1,400 that suggests strong and continued demand for the ASI token that, as noted, has its worth tied much like any financial asset to the demand.
Trust Pilot also scores the trading signal service at a near perfect 4.9. But here’s the best part. AltSignals is yet to list its native token on major crypto exchanges. That’s significant because we’ve seen prices of peers Pepe and Floki this year skyrocket following going live on Binance.
On top of that, the cryptocurrencies have been in an uptrend in recent days after the U.S. Federal Reserve decided to leave the interest rate unchanged in its latest policy meeting. The banking crisis also pushed investors even institutional ones to crypto assets.
To that end, ASI will likely participate in the continued recovery in the crypto market because that’s basically what it is – a crypto token.
Such tailwinds, as per many experts could make it climb all the way up to 5 cents by the end of this year. For further details on AltSignals, visit the presale page here.
The post AltSignals ($ASI) price prediction after experts agreed A.I. is not a ‘bubble’ appeared first on Invezz.
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