Avorak (AVRK) has been trending with other cryptocurrencies. However, as cryptos like Polygon (MATIC) reach oversold, investors are accumulating more AVRK ahead of its upcoming launch.
Polygon price
The Polygon (MATIC) price has seen a significant decline due to the sell-off triggered by SEC’s lawsuits against Binance and Coinbase, two of the most popular crypto exchanges. MATIC, along with other cryptocurrencies, were classified as securities. This caused a decline in the MATIC price, which was further fueled by Robinhood’s announcement of delisting several cryptos, including MATIC. Polygon (MATIC) is also facing potential delistings from Bakkt and eToro, with analysts suggesting the number is likely to increase as trading platforms try to navigate the uncertainty of U.S. crypto regulations. Several analysts are also expecting a further downtrend even with the current decline reaching the oversold area. Nonetheless, the crypto market is highly volatile and unpredictable hence requires continuous monitoring and analysis.
Avorak (AVRK): Launching with a bang
Avorak is an AI project on the BNB Smart Chain. It started its initial coin offering (ICO) on March 1st, and it is currently in the last phase, phase 8.
Avorak has gained recognition for its first-to-market approach to blockchain and AI integration. It offers an extensive set of AI-driven solutions, including image creators, chatbots, text generators, digital assistants, security monitors, blueprint drafters, automated image and video editors, and more. Avorak’s solutions also standout in the market. For example, its text-generator, Avorak Write, produces quality texts that are in line with users’ requirements, without plagiarism or repetition. This is achievable through a combination of technologies such as internet scraping and plagiarism-detecting APIs.
The AVRK token is the credit for accessing Avorak’s services. It also serves other utility functions within the ecosystem, and guarantees it holds a share of Avorak’s revenue. AVRK can be staked in any of Avorak’s three staking pools to acquire a portion of the last publicly available non-LP tokens. AVRK can also be used for incentivized liquidity provision and traded on various decentralized and centralized crypto exchanges.
The Avorak AI team is currently conducting beta tests, allowing ICO participants to explore the platform ahead of its official launch. Avorak (AVRK) has also secured several listings on exchanges such as Coinsbit, Azbit, and PancakeSwap. The project has also had several audits from reputable firms, including CyberScope and SolidProof. These factors ensure a smooth launch of an already audited and community-tested platform.
The Avorak AI ICO has seen a massive increase in the AVRK holder community. This, aside from the project’s potential for growth, can be attributed to the ICO investor advantages. These benefits include discounted AVRK prices, bonuses, NFTs, and priority in beta products and staking pools. AVRK has a launch price of $1 and is currently selling at $0.27. The on-top bonus is at 3% but Avorak has an additional bonus event allowing users to gain up to 625%. With Avorak’s launch drawing closer, more enthusiasts are expressing their interest, suggesting its price could surge by more than 100X.
For more information on Avorak AI:
Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
