Can Terra Luna Classic return from the grave? Avorak gives insight
The post Can Terra Luna Classic return from the grave? Avorak gives insight appeared first on Coinpedia Fintech News
With Avorak’s AI analytics gaining significant recognition, more investors are turning to its insights on Terra Luna Classic’s future.
LUNC price
After the Terra collapse, a hard fork was proposed, leading to the launch of Terra 2.0 and the rebranding of the original platform as Terra Classic, with the original LUNA token becoming known as Luna Classic (LUNC). Despite concerted efforts to revive Terra Classic, LUNC became hyperinflated when UST deviated from its $1 peg, and many investors and users are still wary of the platform. Consequently, the LUNC price has struggled to experience significant growth. The LUNC price continues to coil and trade in a narrow range amid the prevailing uncertainty in the cryptocurrency market. Additionally, most Terra Luna Classic price predictions are bearish, with several analysts suggesting a breakdown from the support trendline with a 4-hour candle closing will boost supply pressure and could plunge the prices down 25%.
What is Avorak?
Avorak is a new AI platform built on the BNB Smart Chain. The platform offers a wide range of AI solutions, including text creators, chatbots, image generators, blueprint drafters, 3D modeling tools, and more
The Avorak Trade bot has made a lasting impression by providing insights and predictions that correspond to those of reputable analysts in its development. This unique AI trading bot conducts a full market analysis, identifies key patterns and trends, generates sets of carefully selected indicators, and then provides price predictions. Avorak’s trading bot can also automate trades on multiple exchanges and asset classes and is programmed with a non-code-based command-line input.
Avorak Trade is currently in its beta phase, and beta testers have already earned significant profits, suggesting that once fully operational, it could be the best trading tool on the blockchain.
AVRK is the native token of the Avorak platform and serves as a payment for its AI services. AVRK holders are entitled to a share of the profits made by these services. Users can increase their AVRK holdings through Avorak’s three staking pools, or trade them for cryptocurrencies or fiat through crypto exchanges. There’s a capped supply of 40 million AVRK and a portion is burned on payments, ensuring deflation and price increases. AVRK is currently priced at $0.27 in the last phase of Avorak’s ICO (initial coin offering) and will launch at $1. The ICO offers investors other benefits besides significant returns on launch day, including token bonuses and preferential access to staking pools.
The Avorak team has received recognition for its ability to develop products that bridge the gap between traditional finance and cutting-edge science, and analysts have suggested that Avorak’s solutions position it for great growth and adoption.
For more information on Avorak:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
Filed under: Bitcoin - @ June 22, 2023 11:14 am