In crypto, as is with any investment, it is important to diversify your portfolio. Several analysts suggest that building a strong crypto portfolio starts with Bitcoin (BTC), Ethereum (ETH), and Avorak AI (AVRK).
Why you should hold Bitcoin
With several banks collapsing and the FED raising interest rates, the traditional financial systems are clearly unstable, and this could lead to cryptocurrencies becoming increasingly popular. Bitcoin (BTC) is the largest and most valuable cryptocurrency by market cap. It is also the first-ever cryptocurrency and has already seen massive worldwide adoption. Bitcoin (BTC) has a maximum supply of 21 million, and more than 19 million are already in circulation. And by laws of demand and supply, BTC is expected to increase in value over time. Additionally, Bitcoin is nearly a year away from its halving event, which is usually a catalyst for a spike in its value.
What’s next for Ethereum?
After Ethereum’s recent Shapella upgrade, many in the crypto community wonder what is next for the world’s second-largest cryptocurrency. It can seem like Ethereum is always in a state of development, and that is because its team is working on what they call Ethereum 2.0. Opponents of Ethereum have often criticized the network’s scalability, pointing to its high transaction costs, slow speeds, and energy usage. Ethereum 2.0 aims to provide a more scalable network by offering safer, faster, cheaper, and more energy-efficient transactions. Analysts suggest that Ethereum’s developmental success could see its value increase significantly.
Avorak AI (AVRK): Better for 100x
Avorak is a new AI crypto project running on the BNB Smart Chain. The project includes a suite of AI products and services that can streamline human-led processes. For example, Avorak’s digital assistants and chatbots can enhance customer service by providing accurate and immediate answers to customers’ queries. The Avorak Trade bot can optimize the trading of any asset, including crypto, fiat, and stocks. The bot uses AI algorithms to analyze market trends, provide predictions on future prices, and find the best possible trades. The trade can be easily programmed to automate trades on multiple exchanges.
Avorak’s suite of AI solutions can be used in many fields, including content creation, data analytics, online shopping, and security. AVRK is Avorak’s native utility token and functions as a credit for accessing the Avorak AI services. AVRK can be staked or traded on various centralized and decentralized exchanges once the project goes live. Avorak also distributes a share of its profits to AVRK holders through its revenue feedback system. There is a maximum supply of 40 million AVRK, and Avorak AI has burn mechanics that ensure continuous deflation of the AVRK token.
Every cryptocurrency investor seeks to find a 100X gem, that is, a coin that will skyrocket in value and turn a small investment into a fortune. Well, AVRK provides just that. Avorak has an ongoing ICO (initial coin offering) event, selling AVRK at a comparatively low price and offering a number of advantages to its investors. AI crypto is expected to generate substantial profits in 2023, and several analysts believe Avorak AI could lead this bull run once it’s launched.
For more information on Avorak AI:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
