Trading cryptocurrencies like Bitcoin (BTC) and Shiba Inu (SHIB) has gained immense popularity, attracting investors worldwide. However, navigating the complexities of these markets can be daunting, especially for newcomers. Enter Avorak AI, a groundbreaking AI crypto project. With its innovative approach, Avorak AI makes trading cryptocurrencies more accessible than ever before.

Is Bitcoin a good investment?

Bitcoin (BTC) has gained attention as a potentially lucrative investment due to its history of delivering high returns. The limited supply of only 21 million BTC creates scarcity, leading to an anticipated increase in Bitcoin’s price over time. Moreover, Bitcoin has been likened to gold for its potential as an inflation hedge amid increasing concerns about inflation. While BTC has faced significant declines in the past, it has consistently rebounded. Nevertheless, it is crucial to acknowledge the higher risks associated with Bitcoin’s high price stemming from the inherent volatility of the cryptocurrency market. Therefore, conducting thorough research and investing only what you can afford to lose is vital.

Will Shiba Inu go up?

The Shiba Inu (SHIB) price is predominantly influenced by speculative demand, and thus, for significant growth to occur, it would require a crypto environment where investors are willing to take substantial risks. However, there is also a potential scenario where Shiba Inu’s value appreciates due to the Shibarium blockchain. Should the platform witness significant activity, a substantial burning of SHIB tokens could take place, increasing the token’s appeal as an asset to hold. Nevertheless, the potential upside for Shiba Inu is constrained by its already substantial market capitalization and the large supply of SHIB tokens. While it is possible for Shiba Inu to experience an upward movement, it would necessitate significant catalysts and favorable market conditions within the cryptocurrency space.

How does Avorak AI make trading more accessible?

Avorak is a project seeking to revolutionize trading through AI algorithms. Avorak AI utilizes a token payment system, which allows users to purchase services through the blockchain from anywhere in the world. This eliminates the barrier of inaccessible payment methods and ensures that Avorak AI is available to everyone. Moreover, Avorak is committed to inclusivity by designing its trading tools to cater to traders at any level of expertise. The Avorak Trade platform provides price predictions backed by comprehensive sets of AI-powered indicators. It also incorporates notification systems that alert traders to changes in patterns and trends, helping them to make more informed decisions. 

Avorak AI is also developing a fully customizable algorithmic trading bot. The trading bot uses Avorak Trade’s AI-powered indicators to identify and execute the best trades across asset classes and exchanges. Avorak’s trading bot adapts to user preferences, strategies, and market movements to ensure it provides profits in any market condition. The Avorak Trade bot uses a simple command line input programmable with a standard script. Furthermore, Avorak AI offers enhanced protection for API keys through its integration of AI and blockchain technology.

AVRK is the token required to access Avorak Trade. Avorak charges a fee of 0.5% for using the service. These fees and other Avorak AI profits will be routed back to AVRK holders through Avorak’s revenue distribution system. Unused credits can be withdrawn at any time without incurring any charges. And AVRK can be traded or staked for further benefits.

Avorak AI is currently in phase 6 of its ICO, offering AVRK for $0.235 and providing a 5% token bonus. And analysts suggest that AVRK will witness a great surge in price after launch. Participating in the ICO has advantages such as priority access to  Avorak’s staking pools and closed beta products. During the Avorak Trade beta test, users will be allocated trading funds, which they can retain even after the beta testing phase concludes. The Avorak Team set the beta launch for the beta launch at this month’s end. 

For more information on Avorak AI:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register

The post Trading Bitcoin and Shiba Inu Becomes More Accessible with Avorak AI Algorithms appeared first on CoinChapter.

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Filed under: Bitcoin - @ May 26, 2023 7:00 am