After the global doom in 2022 when billions of dollars’ worth of money were lost, the cryptocurrency market is finally showing signs of recovery. Regularly encouraging developments in the first few months of 2023 are fostering a broader belief that the next bull market is just around the corner. Two of the market’s big players, Bitcoin (BTC) and Ethereum (ETH), are leading the way.
The AltSignals native ASI token, which recently debuted to high praise because it combines the power of artificial intelligence (AI) with blockchain technology, is one new coin that is poised to benefit from the general improvement in cryptocurrency markets.
Since its 2017 start, AltSignals has grown to become one of the industry’s leading online trading alerts providers, serving a large community of more than 52,000 users. With approximately 500 positive Trustpilot reviews and a median rating of 4.9/5, the platform has established an impressive reputation for assisting merchants in making wise decisions.
Through the use of its AltAlgoTM indicator software, the platform has recently achieved astounding success in backtests, with an 83.56% success rate on Bitcoin trades and a formidable 70.09% success rate on Ethereum trades. The AltSignals AI-powered ActualizeAI toolbox is used to further optimize these high-quality signals that are already in place.
ActualizeAI combines various AI technologies into a turbocharged toolset for purchasing and selling notifications. Because it scans markets in real-time and around-the-clock, the machine learning algorithm uses regressive sample recognition to learn and understand how the market functions and how specific events affect markets. Then, using rules-based logic, alerts are generated, which are then fed into the brand-new predictive modeling functionality, which uses historical data trends to the algorithms to further refine them.
These learning cycles are used more quickly thanks to pure language processing (NLP). At the same time, sentiment analysis offers additional layers of data about how particular trades were conducted, allowing users to use the results to generate accurate and informed market forecasts.
How does ASI function?
Those who purchase ASI tokens gain access to ActualizeAI software and the associated AI-powered purchasing and selling alerts. Along with a number of other benefits available to owners of ASI coins, this enables merchants to maximize their profitability on cryptocurrency market trades.
Every component of the AltSignals platform is supported by the ASI token, which also serves as a catalyst for the platform’s performance and the development of new choices. Additionally, ASI serves as the exchange currency for all transactions carried out within the AltSignals ecosystem, including those that grant access to high-quality training and educational resources intended to help novice crypto traders enter the market.
ASI: Is $0.50 a realistic goal for the end of 2023?
The ASI token presale event gives a unique and fantastic opportunity for investors to buy an exciting new coin at incredibly low prices. The currency recently began the beta presale at $0.012, a price that could increase to $0.02274 throughout the course of the five presale phases. At this point, experts anticipate intense competition for the tokens still available, which will drive up the price of ASI and make $0.50 a realistic possibility by the end of the year.
2023 to 2025: Predicted Bitcoin Value
The one-of-a-kind cryptocurrency known as Bitcoin (BTC) was created in 2009 as a decentralized currency that facilitated peer-to-peer transactions using blockchain technology.BTC is a fairly simple coin for anyone to invest in, and it can be among the most profitable ones to do so, especially amid robust cryptocurrency market conditions.
After falling sharply during the bad market conditions that haunted 2022, the value of Bitcoin has already risen to above $20,000 in 2023. Although it is still less than one-third of its all-time high (ATH), which was nearly $69,000 in November 2021, Bitcoin value forecasts for the rest of 2023 are significant.
According to analysts’ estimates of Bitcoin’s value, BTC will rise above $30,000 by the end of 2023 before accelerating during the ensuing two years due to its subsequent halving event to surpass its all-time high in 2025.
2023 to 2025: Ethereum Value Prediction
With a market cap of around $200 billion, Ethereum (ETH) is the largest altcoin currently traded, far beyond that of its closest rival. The release of its updated proof-of-stake consensus mechanism improved its market after it had been under pressure from competing blockchain providers, and it has since followed BTC in reacting positively at the beginning of 2023.
Like BTC, the value of ETH is currently about a third of its all-time high, which was more than $4,500 in November 2021. However, the current value of $1,569.03 is significantly higher than the $1,200 value that it had in 2023.