As crypto continues to expand and gain mainstream attention, regulatory scrutiny has intensified, with tokens like Tron (TRX) and XRP in the crosshair of the SEC. However, amidst these legal battles, AI cryptocurrencies have been gaining attention from investors and analysts, with promises of greater efficiency, transparency, and security.
Tron (TRX) price prediction
The SEC recently announced charges against Justin Sun and his companies, including the Tron Foundation, which developed Tron (TRX). The charges against Sun include offering and selling unregistered securities, and manipulating TRX’s secondary market through wash trading. This news led to the Tron (TRX) price experiencing a significant decline. While it is uncertain how long this downward trend will last, the current situation has raised concerns about the future of the Tron network and its native token.
Is XRP a good investment?
Ripple, which coined the XRP token, has had a long-standing legal case with the U.S. Securities and Exchange Commission (SEC). Therefore, the future of XRP as an investment heavily depends on the outcome of the case. If the ruling is on the side of Ripple, XRP could experience significant growth in price. However, if the court sides with the SEC that XRP is a security, Ripple and XRP could witness a further decline as investors look for more secure and stable alternative blockchain networks for cross-border payments. Given this uncertainty, it is hard to recommend XRP as a good investment currently.
Avorak AI: The best AI crypto?
Avorak AI has been capturing the attention of many investors and analysts since its ICO started in March. The project offers a range of AI solutions that can streamline many fields, such as medicine, data analysis, content creation, and trading.
Avorak’s trading bot, like all of Avorak’s products and services, has first-to-market advantages that set it apart. The Avorak Trade bot can predict the future prices of different asset classes. The AI trade bot can be used on various exchanges and doesn’t require code inputs. Avorak Trade additionally offers enhanced security for users’ API keys through its AI and blockchain capabilities.
The AVRK token, which is Avorak’s native token, provides access to its AI services. The token will also be required to hold for receiving a share of the revenue made from Avorak. AVRK can also be staked to get a share of the last publicly available non-LP tokens. AVRK has had a 200% increase and is now selling at $0.180, offering investors a chance to access advanced AI crypto solutions at an affordable price.
Conclusion
Tron (TRX) and Ripple’s (XRP) ongoing legal battles with the SEC continue to weigh heavily on their communities and the broader crypto market. While regulatory clarity remains elusive, the emergence of AI crypto might provide investors with better alternatives for greater gains.
For more information on Avorak AI:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
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Source: https://www.thecoinrepublic.com/2023/04/13/tron-and-ripples-remain-in-the-crosshair-of-sec-while-avorak-ai-crypto-gains-attention/