Key takeaways
The cryptocurrency market has been performing well since the start of the week. The prices of most coins and tokens are trading in the green zone. Indicating that the market sentiments have improved.
The rally comes thanks to the debt ceiling agreement in the United States. With Bitcoin and other cryptocurrencies performing well so far, it would be intriguing to look at the price prospects of tokens in presale like AltSignals.
AltSignals recently crossed a new threshold in its funding effort. The development team has raised more than $800,000 so far and could achieve its objective soon. With that possibility in mind, investors would be watching the project and see how its price would perform in the near term.
AltSignals token set to hit the desired milestone soon
Artificial intelligence (AI) is all the rave this year. Following the launch of ChatGPT and other AI products, more companies are leveraging AI to optimise their activities.
The cryptocurrency market is not left behind. AltSignals is one of the projects that is set to allow traders to leverage AI to boost their trading activities.
AltSignals is developing a suite of AI products designed for cryptocurrency traders. To achieve its goal, the development team has set a $1 million presale target. So far, AltSignals has raised $847,035 in its presale and is close to hitting its target. This means that it has raised 78% of its required funding.
ASI, the native token of the AltSignals ecosystem, is trading at $0.015 per token, making it very affordable to most investors. The token could probably experience a surge in price once the presale is over and it lists on decentralised and centralised crypto exchanges.
What is AltSignals?
AltSignals is an exciting project that could prove to be beneficial to cryptocurrency traders. Its impact could surpass the crypto space and affect forex, stock, commodities, and indices traders.
AltSignals is a trading platform that provides trading signals for cryptocurrencies, forex, indices, stocks, and commodities.
The team will use the funds it raised to develop ActualizeAI, a solution that could make it easier for people to trade cryptocurrencies and a few other asset classes.
According to its whitepaper, ActualizeAI will be fully automated and work 24/7, just like the cryptocurrency market. The solution could make it easier for traders to pinpoint e entry points in the market, execute more accurate trades, and take advantage of proper risk management strategies.
Holders of the ASI token would be granted access to the numerous services offered by AltSignals. The AI integrated within AltSignals’ will take advantage of other technologies like natural language processing, machine learning, regression, and predictive modeling to improve its services.
AltSignals will also include other exciting features like an AI members club, trading tournaments, community governance, and more. Following the end of the presale, ASI is expected to launch on exchanges like Uniswap.
The development team will also work on expanding the team, securing OTC partnerships, and introducing the sentiment analysis engine.
Visit the official AltSignals website to learn more about their presale.
AltSignals (ASI) price prediction
ASI is still in its presale stage, which means it is hard to accurately predict its price movement. At the moment, ASI is going for $0.015 in its presale.
However, based on history, ASI’s price could experience a price pump once the presale concludes.
One of the major factors behind a surge in the price of cryptocurrencies is when they list on crypto exchanges. ASI would be listed on Uniswap and a host of other crypto exchanges once the pre-sale is over. This could see ASI’s price record a massive surge.
Another reason to predict a surge in ASI’s price is the fundamentals of the broader crypto market. Since the start of the year, Bitcoin and other leading cryptocurrencies have rallied by at least 50%.
The crypto market is still down by more than 50% from the all-time high recorded in 2021. This implies that there is still room for recovery. ASI launching during this period could see it record massive gains as the broader crypto industry continues to recover from the bear market.
A third reason could be the utility of AltSignals. Cryptocurrency trading is a multi-billion dollar industry. There are thousands of traders in the cryptocurrency space, and a tool like AltSignals could gain wide adoption amongst the traders.
If AltSignals gains wide adoption, ASI could see its price explode in value over the next few months and years.
Is now a good time to buy AltSignals?
AltSignals is in its presale stage, and this could be an excellent time to invest in the project. If the team delivers on its promises, AltSignals could become a major project in the cryptocurrency trading space.
ASI could become a big winner in the crypto space if the broader cryptocurrency market continues its recovery and rally to a new all-time high.
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