Cryptocurrency price predictions look very different today than they did at the beginning of the year, with an upward motion on Bitcoin, pushing above $25,000 again, leading to analysts improving their forecasts in anticipation of the return of bullish market predictions.
This has led to excitement around the Cronos price prediction for 2023, an established crypto project aiming to push web decentralization. Meanwhile, established online trading signals provider AltSignals is entering the crypto market by releasing its native ASI token to great excitement around investors.
What can investors expect in cryptocurrency price predictions this year for two very different platforms?
What is AltSignals?
AltSignals launched its online trading platform in 2017 and has provided profitable trading signals to more than 50,000 users after undergoing rapid growth in the past five years. This growth was driven by its AltAlgo™ trading indicator tool, which uses algorithms to provide high-quality trading calls on a range of trades with an accuracy rate of more than 70%.
To further boost the accuracy of its trading signals, AltSignals is launching a brand-new trading stack, ActualizeAI, which uses AI technology to enhance its outputs, taking them to the next level. The ASI token release is designed to support this development.
ActualizeAI will employ machine learning to apply rules-based logic to outputs based on market behavior gained through regressive pattern recognition. This learning is accelerated by natural language processing (NLP) before predictive modeling applies historical data trends to the signals. Reinforcement learning helps to balance the risk/reward trading ratio. The more data ActualizeAI has access to over time, the better the accuracy of its signals.
How does ASI work?
All ASI coin holders automatically gain access to ActualizeAI, with different access levels available depending on the number of coins held. Members with more than 50,000 tokens will be granted lifetime membership, while those with fewer coins will have access to ActualizeAI for one year.
In addition to the turbocharged trading signals that will help them make more profitable decisions, ASI token holders can unlock several benefits through the exclusive AI Members Club membership. Benefits include access to some of the most lucrative public and presale crypto projects, entry into online trading tournaments, and early access to beta-test new platform features.
As well as being a coin with excellent levels of utility, ASI will become a governance token granting full voting rights on future decisions to ASI coin holders, making AltSignals one of the best community-led trading platforms.
ASI price prediction: Can it hit $1 in 2023?
AltSignals is a rapidly evolving platform with several appealing use cases for Web3 fans. Using AI to turbocharge its high-quality outputs could position AltSignals as a leading light in the AI/blockchain revolution over the coming months and years.
With crypto markets easing across the board and the rich potential shown by AltSignals, analysts expect the final presale price of $0.02274 to rise sharply post-IDO in the second half of 2023. For many experts, $1 by the end of 2023 looks achievable, representing huge gains for anyone who reserved their tokens at the beta presale price of $0.012.
What is Cronos (CRO)?
Cronos is an open-source, public, decentralized blockchain network that offers energy-efficient and low-cost blockchain transactions alongside high-speed performance. The platform supports the creation of several Web3 solutions, including DeFi platforms, dApps, and GameFi titles, as part of their aim to create a fully-open access metaverse.
The native CRO token started as the Crypto.com centralized crypto exchange token before branching out into the world of blockchain provision. Cronos’ ecosystem helps protect users from rogue chargebacks while providing discounted access to Crypto.com for traders if they use CRO to pay transaction fees.
CRO is one of the best utility tokens available, thanks to Crypto.com’s outstanding trading, DeFi, and transaction solutions. Token holders also have the chance to serve as blockchain validators on the Cronos network, earning passive income on each network transaction. This level of utility is pushing Cronos’s price prediction forward.
Cronos price prediction: How high can CRO push in 2023?
Cronos is currently trading well short of its all-time high of $0.96, recorded during the height of 2021’s crypto bull market. The good news for existing CRO token holders is that there is plenty of space for growth between now and the end of 2023.
However, Cronos’ price predictions are relatively modest, with experts predicting it growing from its current value of $0.0662 to just above $0.10 by the end of the year.
ASI vs. CRO: Which is the best investment?
Cryptocurrency price predictions are always challenging to produce, particularly with platforms regularly releasing new products and features. Much of Cronos’ success in 2023 relies on successfully integrating its new Shibarium network.
In contrast, AltSignals’ ASI coin looks set to dwarf the returns available to CRO holders, thanks to AltSignals’ high-quality output, the backing of a robust and highly-trusted platform and user base, and the pioneering future adoption of AI technologies in the Web3 space.
Consequently, cryptocurrency price predictions for ASI look far more robust than for CRO, making the ASI presale event a must-have for investors seeking excellent gains throughout 2023.
You can find the ASI token presale right here.
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Source: https://www.thecoinrepublic.com/2023/05/03/altsignals-vs-cronos-a-cryptocurrency-price-prediction-for-two-very-different-platforms/