The cryptocurrency market has been evolving over the years, with new players emerging and existing ones constantly improving their systems to keep up with the changing landscape. Cardano (ADA) and Avorak AI (AVRK) have emerged at the top of cryptocurrency lists in 2023 due to their sustained bullish news, causing increased interest among investors.
Cardano (ADA)
Cardano is an open-source blockchain platform powered by its native currency, ADA. The platform enables the creation and deployment of smart contracts and dApps. It employs the new proof-of-stake consensus mechanism to guarantee its network safety and scalability. The platform has also constantly improved its network and capabilities through scientific and peer-reviewed developments.
As with other digital assets, Cardano (ADA) has taken a hit due to tougher macroeconomic conditions. However, despite the downside trend, ADA has maintained its position as one of the top ten cryptocurrencies by market cap. Moreover, the Cardano community believes ADA can rank among the top three in this cryptocurrency list. The future looks bright for Cardano (ADA) as on-chain analytics reveal a bullish outlook for the cryptocurrency in 2023.
Avorak AI (AVRK)
Avorak AI is an AI project based on the Binance Smart Chain. The platform has been gaining recognition from many investors and Crypto watchers such as Crypto Pablo and Crypto Shrek. Avorak is fostering confidence through its security and transparency. The platform passed CyberScope’s audit and is based on a secure, scalable, and fast blockchain. Additionally, the AI crypto platform aims to harness the knowledge of emerging technologies to develop solutions that make life better for everyone involved, fueled by its native token, AVRK.
Avorak Trade is one of Avorak’s outstanding AI solutions. Avorak Trade is an AI multi-exchange and asset trading bot. The AI trade bot is programmed with a standard script and has safe APIs that generate indicators, make automated trades based on these indicators, and alert users of any changes in patterns or trends.
Avorak AI has been gaining recognition in the crypto community because of its ICO benefits and its extensive list of AI-driven solutions. AVRK is currently trading at $0.145, which is an impressive 141.67% increase from its initial price. Recent Avorak news suggests that phase 3 of its ICO has already gained more than 300K. This indicates that the project’s prospects still remain bullish. And with its advanced AI solutions like Avorak Trade already proving themselves, the AI crypto is set to have one of the largest cryptocurrency market capitalizations once it’s launched.
Conclusion
The recent bullish news surrounding Avorak AI and Cardano indicates that ADA and AVRK might witness significant increases in their prices this year. However, it is still essential for investors to conduct their research before making any commitments.
To learn more about Avorak AI and its ICO:
Website: https://avorak.ai
Whitepaper: https://avorak-labs-and-technology.gitbook.io/avorak-a.i-technical-whitepaper/
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Source: https://www.thecoinrepublic.com/2023/03/30/cryptocurrency-news-for-cardano-and-avorak-ai-remains-bullish-in-2023/