AI trading tools have become increasingly popular among crypto traders and investors. The Avorak Trade bot recently made astonishing Apecoin price predictions while still in its development phase. This has sparked interest in the crypto community, with more investors joining its ICO event.
Apecoin news
ApeCoin (APE) news recently made headlines after soaring an incredible 2,000% on Korea’s largest exchange, Upbit. While there is no clear reason for APE’s sudden rise on the exchange, several analysts suggest that this might be because Korean crypto enthusiasts were pumping up Apecoin (APE) amid the exchange suspending deposits and withdrawals of ETH. There was a greater trading volume of the APE/BTC pair in Upbit, so much so that Apecoin’s price on Upbit was significantly higher than other exchanges. This even led to some price aggregators flagging Upbit’s APE pricing as an outlier. However, the suspension of transactions with ERC-20 tokens ahead of the Shanghai hard fork made the arbitrage of this currency impossible.
Apecoin price prediction
Apecoin (APE) has had a notable decline in 2023. Despite differences in exact price predictions, many analysts agree that APE might have a slight price surge in 2023. The effects of the recent news of Upbit and Apecoin (APE) are yet to take hold, and it remains to be seen how APE’s value will be affected. However, with the recent rise in AI trading, investors and traders can stay ahead of the curve with bots that can process massive amounts of data and identify patterns and trends much faster than humans, allowing them to make predictions that were previously impossible.
Avorak Trade: The best AI trading bot?
The Avorak Trade bot is one of Avorak’s AI solutions. The Avorak AI platform is built on the Binance Smart Chain (BSC) and offers users access to a comprehensive set of advanced AI solutions with its AVRK token.
The Avorak Trade bot can help traders make sense of the unusual pricing behaviour of APE and other cryptocurrencies in similar situations.y analyzing large amounts of data and identifying patterns, the AI trading bot can detect potential pricing and trading volume anomalies. This can help traders make more informed decisions about buying and selling cryptocurrencies and avoid losses due to sudden price drops or market crashes. Additionally, the Avorak AI trading bot can also execute trades automatically based on pre-determined strategies, which can help traders take advantage of market opportunities quickly and efficiently.
Avorak AI includes first-to-market features in all of its AI solutions. The Avorak Trade bot, for example, doesn’t require code inputs by its users. Avorak is working on a simple command line input that can be programmed using a standard script. The AI trading bot can predict future prices of different assets and generate large sets of indicators, including services like TradingView to provide visuals. Avorak’s AI trading bot can work on different exchanges and learn from its user’s preferences, strategies, and overall market movements to provide the best possible trades.
The AVRK token is selling at $0.180 with a 7% bonus on top in phase 4 of the ICO. Avorak AI has been a trending topic in the crypto community since its initial coin offering (ICO) started last month. And crypto watchers, such as The House of Crypto, are still discussing the benefits of the Avorak AI project and its ICO.
Conclusion
It’s always a good idea to combine AI tools with your human intuition and analysis for the best possible trading outcomes. However, you don’t have to be an expert trader to succeed with Avorak Trade, as it allows you to enhance your trading capabilities with a secure, easy-to-use, and fun AI-powered trading tool.
To get more information on the Avorak AI project:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
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Source: https://coinpedia.org/press-release/avorak-ai-trade-algo-provides-shocking-apecoin-price-prediction-this-summer/