Several investors did not benefit from the meme coin reign. However, analysts have come out to say that if you missed the dog token bull run from Dogecoin (DOGE) and Shiba Inu (SHIB), AI crypto could be your second chance.
Will Dogecoin go up?
Dogecoin (DOGE) is the first-ever dog token. There has been much speculation surrounding the future of DOGE. Despite being far from its ATH, several analysts indicate there are reasons to be optimistic about the meme coin’s prospects. There are rumors that Musk may find a use case for DOGE on the Twitter platform. And most believe that Dogecoin’s affiliation with Elon Musk and its community’s strength will drive its future growth. However, it’s worth noting that Dogecoin’s reputation as the number one meme coin and its close ties to Musk may also limit its potential for growth, as seen with the recent case between Elon Musk and a few DOGE investors. DOGE also has little real-world utility and faces stiff competition from AI crypto projects and other dog tokens with more applications.
Will Shiba Inu coin reach $1?
Shiba Inu (SHIB) is the second-largest dog token by crypto market cap. However, despite its earlier success, the likelihood of the Shiba Inu coin reaching $1 is low. This is mainly due to its large supply. SHIB has a current circulating supply of around 589 trillion tokens, meaning the coin would need to reach a market capitalization of about $590 trillion to achieve a $1 value. Burning the tokens can reduce the supply, which could boost demand and increase the token’s value. However, this would require a significant amount of burning, which is currently not possible. While the $1 price point may be unlikely, there is still a lot of potential for growth and upside for Shiba Inu (SHIB). Its development team constantly pushes to increase utility and help SHIB become more than a meme token. This is through projects like Shiboshis, ShibaSwap, and the upcoming Shibarium. These developments and other positive factors, such as a thriving crypto market, could help increase SHIB’s value.
Avorak AI (AVRK): The best AI crypto
Experienced crypto investors and analysts have been discussing the potential of Avorak AI (AVRK) since its initial coin offering (ICO) started in March. The Avorak AI project aims to make AI solutions more accessible, efficient, and secure through the blockchain. Its native token, AVRK, has unlimited use cases due to Avorak’s use of AI technology. The AVRK token guarantees its holders a share of profits made from Avorak’s AI services and acts as a credit for accessing these services. AVRK can also be traded on exchanges such as Coinsbit or Azbit. Long-term investors can increase their total hold of the project market cap while the true use cases have yet to take hold by staking AVRK in any of the three Avorak staking pools.
Avorak’s AI solutions cater to both retail and commercial requirements, providing a comprehensive approach to meet the needs of a wide range of users. One key aspect of Avorak’s growth plan is its first-to-market strategy. For example, in image creation, rather than relying on image scrapers that paraphrase existing artwork, Avorak will work on a pure language-to-image process based on prebuilt and to-be-learned descriptors. This approach makes it ethical and ensures that Avorak’s image-generation process is not limited by existing artwork. Additionally, by combining plagiarism-detecting APIs, internet scraping, and a prewritten language bank, Avorak’s text-generating AI can autocorrect and edit any text. This improves the accuracy and reliability of its output and ensures a clean, plagiarism-free experience for users.
AVRK is selling at $0.210 in phase 5 of Avorak’s ICO, a 250% increase from its phase 1 price. The AI crypto project’s ICO has seen an influx of investors, such that its launch price was increased from $0.27 to $1. With the hype around AI crypto projects, Avorak’s superior competitive advantages make it the best AI crypto to invest in. However, as with any investment, you should do your own research before investing.
For more information on Avorak AI and its ICO:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
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