The cryptocurrency market is finally showing signs of revival after the bleakness suffered across the board in 2022 as billions were wiped off the value of coins. Steady gains in an opening couple of months of 2023 are giving way to a wider hope that the next bull market is just over the horizon, and two of the market’s big boys, Bitcoin (BTC) and Ethereum (ETH) are leading the way.
One new coin set to capitalize on the overall improvement in cryptocurrency markets is AltSignals native ASI token, which launched to great acclaim recently as it harnesses the power of artificial intelligence (AI) with blockchain technology.
What is AltSignals?
AltSignals was launched in 2017 and has snowballed to become one of the sector’s leading online trading signals providers to its vast community of more than 52,000. The platform has built a formidable reputation with a proven history of helping traders make profitable decisions, resulting in almost 500 positive Trustpilot reviews and an average score of 4.9/5.
The platform continues to grow its toolkit with its AltAlgo™ indicator tool, recently achieving astounding success during backtests with an 83.56% success rate on BTC trades and an impressive 70.09% success rate achieved on ETH trades. These high-quality signals are undergoing further refinement with the aid of AltSignals AI-fuelled ActualizeAI toolkit.
ActualizeAI combines several disparate AI technologies into one turbocharged trading signals toolkit. The machine learning algorithm utilizes regressive pattern recognition to learn and understand how the market works and how certain events impact markets as it scans them in real-time 24/7. A rules-based logic is then implemented to generate signals which will then be fed through the new predictive modeling capability that applies historical data trends to the algorithms to refine them further.
Natural language processing (NLP) accelerates the speed at which these learning cycles are applied. At the same time, sentiment analysis adds layers of knowledge regarding the behavior of different trades, using the outcomes to make accurate and informed market predictions. Cryptocurrency investors thus benefit from the final egg in the basket, reinforcement learning, which helps the tool balance the risk/reward ratio on different trades, assisting traders in knowing the optimal times to buy new coins and sell their existing holdings.
How does ASI work?
When someone buys ASI tokens, they gain access to the ActualizeAI tool and the associated AI-fuelled trading signals. This allows traders to maximize their profitability on cryptocurrency market trades alongside several additional benefits available to ASI coin holders.
The ASI token underpins everything on the AltSignals platform, providing the stimulus for the platform’s functionality and development of new features. In addition, ASI is the medium of exchange for all transactions within the AltSignals ecosystem, even unlocking access to top-quality education and coaching content designed to help crypto newbies take their first steps into the trading world.
Finally, as well as being an excellent utility coin, ASI coin holders can earn passive income either by staking their ASI coins in return for entry into trading tournaments and online prize draws or by using their club membership to provide feedback on the development of new features and tools while earning through the pioneering Innovate2Earn scheme.
ASI: Is $0.50 achievable by the end of 2023?
The ASI token presale event represents a rare and outstanding opportunity for investors to buy an exciting new coin at extremely low prices. The coin recently launched the beta presale at $0.012, a price that will rise through the five presale stages to $0.02274. At this point, experts expect a huge clamor for the remaining supply of tokens culminating in the value of ASI skyrocketing, meaning that $0.50 is not out of the question by the end of the year.
Bitcoin Price Prediction: 2023 to 2025
Bitcoin (BTC) is the original cryptocurrency established in 2009 as a decentralized currency that used blockchain technology to facilitate peer-to-peer transactions. BTC is a very easy coin for anyone to invest in and can be among the most profitable currencies in which to do so, particularly during strong cryptocurrency market conditions.
2023 has seen the price of BTC return to above $20,000 after it fell enormously during the bear market conditions that dogged 2022. Although it remains around a third of its all-time high (ATH) of nearly $69,000, achieved in November 2021, Bitcoin price predictions for the rest of 2023 are substantial.
Analysts making Bitcoin price predictions expect BTC to return above $30,000 by the end of 2023 before kicking on over the next couple of years through its next halving event to surpass its ATH in 2025.
Ethereum Price Prediction: 2023 to 2025
Ethereum (ETH) is the largest altcoin on the market, with a market cap of around $200 billion, significantly greater than its nearest competitor’s. After coming under pressure from rival blockchain providers, the release of its updated proof-of-stake consensus mechanism strengthened its market position and has since followed BTC in reacting strongly at the start of 2023.
Like BTC, the price of ETH is currently around a third of its ATH, which hit more than $4,500 in November 2021. However, the current value of $1,569.03 is well up from its $1,200 value which began in 2023.
Price predictions for ETH, assuming a continuation of the current improvement in cryptocurrency markets, believe that ETH will return above $2,000 by the end of the year and potentially push toward its ATH again in 2025.
Which is the best investment?
All three currencies look set to grow in 2023, each providing a compelling argument for traders to consider. However, the presale opportunity presented by AltSignals ASI token makes it the most exciting and potentially profitable investment coin this year. With the $0.50 barrier looking achievable before the end of December 2023 and the sky the limit over the next couple of years, this is a presale opportunity not to be missed!
You can participate in the AltSignals presale here.