Avorak AI has received recognition for its advanced analysis. Amid the recent developments in the crypto world, it has provided shocking price targets for Polygon (MATIC) and Solana (SOL), prompting more investors to join its initial coin offering (ICO).
Will Polygon Recover?
Polygon (MATIC), like many of the cryptocurrencies listed as securities in the lawsuit filed by the SEC against Coinbase, witnessed a significant drop in price. The MATIC price saw a continued decline after Robinhood, a popular crypto exchange, announced that it would halt support for the token. Additionally, trading giant eToro recently announced that its US customers will no longer be able to open new positions in Polygon (MATIC) from July 12. While there is potential for recovery, the effects of these developments suggest a prolonged decline, at least in the short term.
Is Solana still a good Investment?
Solana (SOL) has also been affected by the SEC-Coinbase lawsuit and imminent delisting from Robinhood. These events have led to a significant decline in SOL’s price. However, the Solana team remains steadfast in their belief that SOL is a non-security and has taken proactive measures to address the SEC’s allegations. Additionally, the Solana community has come up with the idea of a hard fork to resolve the regulatory challenge. This proposal has gained support from influential figures and investors within the Solana ecosystem. And if the fork materializes, it could have positive implications for the token’s price, as suggested by some analysts. However, it is important to note that no official confirmation has been provided by the Solana team regarding the fork’s implementation. Additionally, there is a potential for more delistings, which could lead to further declines. Therefore, investors should conduct research, assess their risk tolerance and consult with financial advisors if possible, before making any investments.
What is Avorak AI?
Avorak AI is an Artificial Intelligence (AI) platform on the BNB Smart Chain seeking to provide businesses and individuals with an all-in-one interactive AI solution. The Avorak AI uses both text and voice-to-text inputs and includes solutions, such as trading bots, virtual assistants, chatbots, image generators, automated video and image editors, text generators, blueprint drafters, and more.
Avorak AI is first-to-the-market meaning its solutions can’t be found anywhere else. For example, while many trading bots are limited to a specific exchange or asset class, the Avorak Trade bot can automate trades regardless of the exchange or asset. The bot is programmed by a non-code command-line input, increasing its accessibility and usability. Avorak’s trading bot also provides price predictions, indicators, and notifications on market changes.
The project is in the second-to-last phase of ICO, selling the AVRK token, which will be required to access its services, at $0.255. Avorak AI offers several benefits to ICO investors, including token bonuses and priority access to beta products. Analyses from many cryptocurrency enthusiasts have pointed to a spike past AVRK’s launch price of $1.
For more information on Avorak AI:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
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