ASI token price is set to rise to $0.01875 as the presale goes into stage 2. At press time, stage 1 of the presale was 94.26 sold out. So far, the presale has raised $1.56 million in Beta and Stage 1.

The artificial intelligence (AI) gold rush has caught up with new AI-based crypto projects including AltSignals, which is working on an AI Ecosystem called ActualizeAI, powered by a cryptocurrency called ASI.

AltSignals is currently conducting a presale for the ASI token, which is just about to enter into the third stage (Stage 2) once the current stage (Stage 1) sells out. So far, about 75.9 million ASI tokens have been sold through the token presale showing that investors are confident about the new AI project.

While there has been a growing concern about the impact of artificial intelligence on human lives, AI-based cryptocurrencies seem to enjoy the boost they are getting from the AI gold rush.

With proper regulation, the concerns will be well taken care of, and AI will have nothing to hold it back. The European Union has already set the standard after it passed the pioneering EU AI Act, which will most likely act as a benchmark for other countries including the US whose lawmakers are pushing for AI regulations.

The AI hype combined with the positive crypto market sentiment has pushed the prices of a majority of AI-based cryptocurrencies to new highs and helped lessen the effects of the macroeconomics that have often pushed crypto prices down. At press time, the Artificial Intelligence (AI) cryptocurrencies market cap had risen by 8.5% to $2.67 Billion in the last 24 hours as the overall crypto market enjoyed the second consecutive bullish day.

The top three AI cryptocurrencies by market cap – Render (RNDR), SingularityNET (AGIX), Fetch.ai (FET), Ocean Protocol (OCEAN), Akash Network (AKT), and OriginTrail (TRAC) – have seen their prices rise by 27%, 29.7%, and 37.9%, 24.7%, 42.1% and 31.8% respectively according to data from Coingecko.

Large AI companies like OpenAI have accelerated their lobbying to change how different nations view AI. That combined with the implementation of the right AI regulations will not only create a booming industry for the artificial intelligence industry but also for AI-based cryptocurrencies like the ASI.

AI-based cryptocurrencies already do not have much to fear since most of the regulatory push is geared towards generative AI tools like ChatGPT, which has gained a lot of traffic since it was launched last year. This means that the cryptocurrency projects will not be gravely affected by the ongoing AI regulation push.

AltSignals’ ActualizeAI ecosystem will give AltSignals an edge in providing AI-driven trading solutions, leveraging cutting-edge technology to empower traders and investors. As such, the platform currently offers investors the opportunity to invest in its new ASI cryptocurrency, which will give holders access to the AI ecosystem among other benefits stipulated on AltSignals’ official website.

Early ASI investors are already counting progress seeing that the token’s price has already appreciated from its starting price of $0.012 to its current price of $0.015 and is expected to jump to $0.01875 in the next stage. according to the roadmap in the AltSignals whitepaper, by the time the ASI presale comes to an end, the token is expected to have appreciated by 89.5% to $0.02274. 

The post AltSignals presale raises $1.0182 million as AI gold rush gathers momentum appeared first on CoinJournal.

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