2023-5-9 21:10 |
Bitcoin (BTC) and Ethereum (ETH) have gained worldwide recognition. These cryptocurrencies have given traders massive profits and continue to lead in market capitalization. However, it can be challenging for novice traders to make substantial profits in the volatile crypto market. That is where Avorak AI comes in.
When was Bitcoin created?
Bitcoin is the first-ever cryptocurrency. It was created in 2009 by an individual or team under the pseudonym Satoshi Nakamoto. Nakamoto published the Bitcoin whitepaper in October 2008, which outlined the basic principles of a decentralized digital currency system. The first Bitcoin block was mined on January 3, 2009, marking the official launch of the cryptocurrency. Since then, Bitcoin (BTC) has gained a significant following and is the world’s largest and most valuable cryptocurrency. BTC has been on an overall incline in 2023, and several analysts suggest it could surpass the $30,000 mark again sometime soon.
Will Ethereum go up?
Ethereum (ETH) is the second-largest crypto by market capitalization. However, ETH’s value has declined significantly from its ATH, partly due to unfavourable macroeconomic conditions. Despite this setback, traders remain optimistic about the project’s future. One of the reasons for this optimism is the expected increase in utility, speed, scalability, and energy efficiency of Ethereum after The Merge. Despite the price correction in 2022, Ethereum is trading 30% higher in 2023, and analysts believe that it may experience another price spike in the near future.
How can Avorak AI help novice traders?
Avorak is an ecosystem of AI solutions. The project aims to simplify trading for all traders, novice or experienced, large-scale or small-scale. Because of various factors, Bitcoin (BTC) and Ethereum (ETH) are perfect for novice traders using Avorak AI. BTC and ETH have high liquidity and can be traded in large volumes without significantly affecting their prices. Additionally, both Bitcoin and Ethereum have a history of volatility, which can provide ample opportunities for traders to make profits.
The Avorak AI trading bot can help novice traders make informed trading decisions by analyzing market data, identifying trends, and predicting future price movements. The Avorak Trade bot can also automate trades on multiple exchanges on behalf of its user, using AI algorithms to find the best possible trades. Avorak AI recently announced that the Avorak Trade bot had a 72% average hit rate on spot leverage Bitcoin trades in April. This caused quite a buzz since the AI trading bot has also offered viable price predictions on several crypto assets, all while in development.
To access the Avorak Trade bot or any of Avorak’s AI services, users will require the AVRK token. You can get AVRK at a discounted price and other benefits through Avorak’s initial coin offering (ICO). AVRK is currently trading at $0.210. The token’s price is expected to reach $1 by launch day, thus providing investors with significant ROIs even before being released to the open market. Once launched, AVRK can be traded for other cryptocurrencies or fiat. Analysts like Jacob Crypto Bury suggest Avorak’s competitive advantages and potential use cases could cause AVRK to surge higher once it hits the open market.
For more information on Avorak AI:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.
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