XRP has been in the crypto news headlines due to its prolonged legal battle with the U.S. Securities and Exchange Commission (SEC). However, there is now growing optimism that Ripple, the crypto project associated with XRP, may come out on top.
Recent XRP news: Is XRP coming out on top?
XRP is a digital coin used for transactions on the Ripple payment protocol. Ripple saw a decline in 2020 when the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against it. However, recently some analysts have claimed that there is a high probability that XRP may come out on top in its legal battle with the SEC.
This is large because many are hopeful that the SEC’s case against Ripple will face a similar outcome as in the recent ruling in a separate case concerning Binance.US’ rescue plan for collapsed crypto lender Voyager Digital, ultimately allowing XRP to be considered a digital currency rather than a security. This has led to positive XRP news, with the XRP token recently seeing a significant price increase.
What is Avorak AI?
Avorak AI is a new AI ecosystem on the Binance Smart Chain (BSC). The platform offers first-to-market solutions that give users the tools they need to get ahead of their competition.
Avorak Write, for example, helps content writers decrease the time required to generate texts. The AI will combine internet scraping with a prewritten language bank and integrate plagiarism-detecting APIs with the view of auto-correcting and editing texts before displaying them to the querying user. This will ensure a clean and plagiarism-free AI text-generation experience.
Avorak’s ICO exceeding analysts’ expectations
Avorak’s ICO event has been making waves in the crypto world since it started on March 1st. Phase 1 ended successfully with Avorak AI making significant moves in the crypto market, such as securing a $50,000 OTC deal through Binance.
Recently, Avorak AI has blazed through the second phase of ICO, with the AVRK token seeing a 140% increase in price. AVRK is now selling at $0.145, up from its initial price of $0.060. These impressive movements have surpassed many analysts’ expectations of the project. This has led to more crypto watchers, such as Meta Earn and Crypto Baby, including Avorak AI in their YouTube videos, and more investors joining the ICO to get its full benefits.
What does this mean for Avorak AI?
Avorak’s moves have led to many analysts adjusting their predictions about the project and its price movements. And with users and analysts believing that XRP might come on top leading to an increase in its price, it is quite clear that Avorak AI is set to be at the center stage of AI and crypto in the near future.
For more information on Avorak AI and its ICO:-