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Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

As Traders Predict Dogecoin to Recover, These Two Tokens are Ready for 100x Growth

NewsBTC
NewsBTC
2 years ago
6 mins read

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Everyone knows Dogecoin. Despite being a joke token based on a dog meme, Dogecoin has gained widespread recognition and popularity even among those with little knowledge of the cryptocurrency space. This populist appeal often translates into a surge in its price.

Dogecoin’s price has surged, but now investors and traders are backing two AI tokens – and one of them is a meme-based coin. This new meme-to-earn project is called AiDoge, and it’s currently running its presale. The other token is yPredict, which is a project that utilizes AI in many ways.

Dogecoin Price Prediction

When attempting to predict the future value of Dogecoin, it is important to consider that, although it uses blockchain technology, it operates differently than other major cryptocurrencies. Dogecoin’s blockchain is based on Scrypt technology, which is similar to that of Litecoin, and its mining process is more complex than traditional Proof-of-Work chains. Nevertheless, it is capable of processing over 40 transactions per second.

Compared to Ethereum, which experiences high fees during times of heavy traffic, Dogecoin has a significantly lower average transaction fee of only $0.15, making it a more affordable network to use. While Dogecoin’s scalability may not be as robust as other cryptocurrencies, these statistics suggest that it has a solid foundation capable of accommodating larger transaction volumes in the future.

Taking into account Dogecoin’s low transaction fees, it has become popular as a tipping method online. In the last year, a tipping bot was created for Twitter, which allowed users to tip each other using DOGE due to its low fees. Furthermore, Twitter’s blue tick verification process can be obtained by paying $8 per month in DOGE.

When making a forecast about Dogecoin’s future value, it’s essential to consider its potential direction. Although it’s unlikely for major corporations to adopt DOGE due to its meme coin status, its user-friendly appeal may attract younger generations in the crypto market, particularly in the tipping services area. If this trend persists, there could be a surge in demand for DOGE from internet users and retail investors. Based on this outlook, it’s projected that the coin’s value could reach $0.6 in 2023.

Investors should expand their perspective to include other cryptocurrencies with high potential in 2023, such as AiDoge, a meme-to-earn initiative gaining traction in the crypto community. Another one worth looking at is yPredict, which is not a meme coin but has powerful AI-based features. We start with the latter.

Check Out These Alternatives to Dogecoin

The integration of AI and decentralized technology has opened up new possibilities for innovative and robust use cases, and this is exactly what AiDoge and yPredict are doing. These platforms provide a range of features that take advantage of this amalgamation of technologies.

yPredict is a Token of the Future

 

yPredict is a decentralized platform that leverages blockchain technology to offer a transparent and secure prediction market. The platform is built on the Ethereum blockchain and uses the YPRED token as its native currency. Its main goal is to provide users with a decentralized alternative to traditional prediction markets using smart contracts.

The platform allows users to create and participate in prediction markets on various topics, such as finance, politics, and sports. Additionally, yPredict’s “Social Trading” feature enables users to follow and replicate the trading activities of the platform’s top-performing traders. Ultimately, yPredict aims to increase accessibility and transparency in prediction trading by utilizing a decentralized approach.

Check Out yPredict

What yPredict Has to Offer

🔥Join the $YPRED presale NOW for exclusive discounts💎📊

🔓Unlock premium trading tools & secure a 140% return at listing with presale price $0.05!🎉

⏰Time's running out:
✅$464K+ raised
✅<$500K left before price increase
✅Listing price soared to $0.12, almost 3x the… pic.twitter.com/Q5KtyhCYY3

— yPredict.ai (@yPredict_ai) May 1, 2023

 

yPredict offers four key services to its users, including the Analytics Dashboard, Marketplace, Terminal, and Market Predictions. The Market Predictions platform is one of these services and is freely available to the public. It provides price predictions for a range of coins and securities using in-house developed predictive models as well as those created by third-party developers. These tools utilize AI/ML technology to demonstrate the variety of possibilities for analyzing price trends on the yPredict platform.

The analytics platform provided by yPredict offers various tools such as sentiment analysis, pattern recognition, transaction analysis, and indicator analysis. The platform operates under a freemium pricing model that has three membership levels: free, active, and pro trader.

Through the yPredict marketplace, developers can list their predictive models as a subscription service called “Results as a Service.” This allows investors and traders to subscribe to these models and receive real-time results through the yPredict platform. Developers can earn a passive income stream from this model, which allows them to focus on building AI/ML models without trading. Meanwhile, traders have access to multiple predictive models and can subscribe to those that fit their preferences.

Finally, yPredict Terminal is an advanced trading platform designed for experienced traders.

The YPRED Token

The YPRED tokens have their roots on the Polygon blockchain, which boasts several advantages such as compatibility with Ethereum, enhanced scalability, security, and developer-friendliness. While other blockchain alternatives may offer similar benefits, the Polygon community is notably supportive and appealing to developers.

To keep the token value stable as more holders come aboard, the number of YPRED tokens is capped at 100 million.

yPredict’s dedicated Decentralized Autonomous Organization (DAO) plays a crucial role in determining which models are listed or delisted on its marketplace. The platform uses a democratic approach where YPRED token holders exercise their voting rights to make decisions, enhancing transparency and fairness in the platform’s decision-making process.

Through the DAO Governance mechanism, yPredict ensures that all models on the platform meet the highest analytical standards, which enhances the platform’s credibility and makes it an attractive option for traders, investors, and developers seeking a reliable and trustworthy marketplace.

Check Out The yPredict Presale

yPredict’s presale is underway, marking the first stage of an eight-stage process. As each stage progresses, the token price will increase, and varying token amounts will be available. Currently, in the first stage, the token is priced at $0.05, whereas the listing price is $0.12. In the following stage, the token price will increase to $0.07.

During the token generation event, 80% of the tokens were allocated to the presale, with 50% being immediately available. However, a 6-week lock-in period is in place for these tokens, and the remaining 50% will be vested over the next 6 months.

AiDoge is Another Major Revolution

AiDoge is a platform that provides an AI-powered meme generation experience that caters to the dynamic crypto landscape. The platform’s essential components include an AI-driven meme generator, text-based prompts, and Ai tokens for credit purchases.

Users can generate memes on AiDoge easily by inputting text prompts, which the AI algorithm then processes to create engaging and relevant memes. The platform is designed to ensure that everyone can easily create memes without any difficulty.

Check Out AiDoge

AiDoge utilizes Ai tokens as the primary currency for purchasing credits to generate memes, ensuring the long-term sustainability and advancement of the platform. Users can also participate in a voting mechanism, where they can upvote or downvote memes, impacting their position on the public wall. By rewarding top-performing memes with $Ai tokens, the platform encourages the creation of high-quality content and active user participation. Each month, the platform selects winning memes based on their scores, and their creators receive $Ai token rewards, incentivizing content creators to produce engaging content and promoting the growth of the AiDoge community.

Check Out The AiDoge Presale

The Ai token conforms to the ERC-20 standard, which ensures that it possesses all the attributes of tokens built on this protocol. The total number of Ai tokens available is 1 trillion, and the presale details are outlined below.

AiDoge’s presale is currently in progress, with each Ai token priced at $0.000026 during the first of 20 rounds. Each round will see 25 million tokens sold, so investors are encouraged to participate as soon as possible to avoid missing out. Accepted payment methods include ETH, USDT (ERC 20), BNB, USDT (BEP20), and cards. When it is eventually listed, the token will be valued at $0.0000336, with the listings scheduled for Q3 2023. A hard cap of $14.9 million is also in place.

AI-Based Tokens are the Trend

The crypto market is increasingly proving to be the place where stellar new ideas that use multiple technologies are found. There is a new trend of projects building decentralized solutions that involve AI, and both yPredict and AiDoge are great examples of this.

Those who are looking for the next big thing in crypto should consider these tokens, especially given the fact that they are currently conducting their presales. These tokens could very well shape the future of hte crypto market and the world in the years to come.

Check Out yPredict

 

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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