It can be challenging to tell the cryptocurrencies that will provide the maximum profits in the ever-volatile crypto market. However, analysts suggest adding Bitcoin (BTC), Avorak AI (AVRK), and Cardano (ADA) to your crypto portfolio for substantial profits this summer.
What is Bitcoin?
Bitcoin (BTC) is the largest cryptocurrency by market capitalization. It is the first-ever cryptocurrency and has received recognition and adoption worldwide. Many businesses now accept BTC as payment, and some countries, like El Salvador, have BTC as a legal tender. Bitcoin has been labeled a good investment largely because of its limited supply of 21 million BTC. Going by the laws of demand and supply, this is expected to ensure that Bitcoin’s price increases with demand over time. The limited supply also makes Bitcoin (BTC) an alternative hedge to inflation.
Is Cardano a good investment?
Cardano (ADA) has gained significant attention in the cryptocurrency market and has been touted as a promising investment option. Cardano aims to provide a secure and scalable infrastructure for developing decentralized applications (dApps) and smart contracts. One key factor that makes Cardano appealing is its unique approach to technology and development. The platform emphasizes research, peer review, and evidence-based solutions.
This approach sets Cardano apart from many other blockchains and instills investors’ confidence. Cardano’s energy-efficient proof-of-stake algorithm and constant developments, such as the launch of Djed, also make it an attractive choice. Additionally, ADA is trading significantly below its all-time high (ATH), offering an opportunity to buy at a relatively low price.
Why is Avorak AI (AVRK) a good investment?
Avorak AI (AVRK) has captured the attention of many investors and analysts because of the various benefits it gives to its users. Firstly, Avorak has an extensive list of fast, unique, and efficient AI solutions that make life easier for everyone. These solutions include Avorak Create and Avorak Write. Avorak Create is an AI image generator that uses a pure language-to-image model that guarantees ethical and unlimited output. Avorak Write uses a combination of internet scraping, a pre-written language bank, and plagiarism-detecting APIs to produce clean and non-plagiarised texts that align with the querying user’s needs.
Additionally, Avorak offers NFTs with actual utility. These NFTs offer advantages such as free access to Avorak’s AI trading tool and half-off credits on Avorak Create and Avorak Write for life. Avorak requires its native token, AVRK, as credit for accessing its AI services. AVRK can be staked or exchanged for other cryptocurrencies or traditional currencies.
AVRK holders receive a share of Avorak’s profits. Avorak AI has an ongoing ICO (initial coin offering), selling AVRK at discounted prices and offering token bonuses, substantial returns on launch day, and many other advantages over open-market buyers. AVRK is currently selling at $0.235 with a 5% bonus in phase 6 of the ICO. AVRK’s launch price is set at $1.
Avorak has a solid roadmap, well-designed tokenomics, a reputable team, and a significant presence and following online. The project has had two audits, and several exchanges have announced when they’ll be listing the AVRK token. The ICO has also had a successful run, gathering more than $2.2 million in investments. All of these are signs of a project that is bound to succeed after ICO.
Bitcoin (BTC), Cardano (ADA), and Avorak AI (AVRK) are all great additions to a crypto portfolio for this summer. However, just like any other cryptocurrency, their prices can be volatile and are subject to market risk. It is thus crucial to do your due diligence before investing.
For more information on Avorak and its ICO:-
Buy AVRK: https://invest.avorak.ai/register