With the string of banking crises in the US, cryptocurrency is becoming increasingly appealing to investors. The recent crypto news of a possible increase in crypto market cap has gained momentum for Gala, Avorak AI, and Solana. Numerous cryptocurrency price predictions indicate that these three tokens will surge in 2023.
Gala (GALA)
Gala (GALA) is a cryptocurrency that powers the Gala Games ecosystem. Unlike traditional gaming platforms, Gala Games allows players to truly own their in-game assets, which can be traded and sold for GALA tokens and subsequently lead to liquidity provision through cryptocurrency exchanges. GALA has seen impressive growth recently, with its market capitalization increasing significantly in a short period of time. This growth can be attributed to the increasing popularity of blockchain-based gaming and the value proposition that Gala Games offers to its users.
Solana (SOL)
Solana (SOL) was launched with the intention of addressing the scaling challenges encountered by earlier cryptocurrencies such as BTC and ETH. With its different design, Solana can process thousands of transactions in seconds, offer low transaction costs, and reduce the energy used in these processes. Solana’s fast transaction speeds and range of innovative projects and applications, such as NFTs and gaming, have contributed to its growing adoption in DeFi, and, consequently, to the momentum of the SOL token in 2023.
Avorak AI (AVRK)
Avorak is an AI platform running on Binance Smart Chain, which offers significant advantages over many other platforms. The AI crypto provides access to AI-driven solutions through its native token, AVRK. Holders of the token also receive a share of the revenue earned from these AI services, and those invested for the long term can increase their percentage hold of AVRK through staking.
Avorak Write, one of Avorak’s AI solutions, aims to streamline the text-generating process. Avorak Write can generate non-plagiarised texts on any topic using internet scraping, a pre-written language bank, and plagiarism-detecting APIs. The AI additionally spell checks and autocorrects the texts before displaying them to the querying user.
AVRK recently surged by more than 100% and is now selling at $0.145. Avorak AI seems to be gaining more from the recent developments in the crypto space. The AI crypto has secured more than 300K in phase 3 of its ICO, adding to news of its successful initial coin offering (ICO) event run in March. The recent YouTube videos by analysts such as Crypto Pablo and Crypto Baby are indicative of growing interest by investors from all over the world.
Conclusion
With crypto news suggesting increased crypto market cap gains for Gala (GALA), Avorak AI (AVRK), and Solana (SOL), we can expect to see further growth and developments in these promising projects.
Want to learn more about Avorak AI and its ongoing ICO?
Website: https://avorak.ai
Whitepaper: https://avorak-labs-and-technology.gitbook.io/avorak-a.i-technical-whitepaper/
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