Because the platform has already raised more than $814,000 of the targeted $1,080,000 at the current round of its presale, AltSignals is about to reach a new milestone.
Only a few weeks have passed since the presale began. However, interest in the soon-to-be-released AI-powered trading algorithm is growing, and the token sale looks to have significantly benefited from this week’s accurate prediction of AI’s future by Nvidia, the leading manufacturer of AI processors.
After 75% of the AltiSignals presale was sold, there may be even more demand for the ASI token as investors position themselves for what may turn out to be a global rally in the artificial intelligence sector.
The significance of Nvidia’s AI estimate for AI tokens
Nvidia’s stock price jumped on Wednesday, reaching a record high and putting the company just shy of a $1 trillion market valuation. It happened after Nvidia released an estimate for its profitability for the three months ending at the end of July and provided a significant amount of guidance on income based on the performance of its artificial intelligence business.
As its market valuation increased by about $200 billion to $960 billion, NVDA jumped nearly 30% to trade at $391.50. The buoyant market led to about $300 billion in favorable market cap values as the rally spread to related equities.
According to market observers, Nvidia’s “blow-out steering” highlights the positive perspective that is still developing throughout the industry. The chipmaker’s projection may have encouraged investors to diversify onto other projects with promising futures. In terms of stocks, such examples are Palantir, AMD, and TSMC.
Can crypto coins that support the AI revolution exhibit associate advantageous properties?
The firm is moving forward with the integration of AI and blockchain, as was previously said, and certain efforts are already experiencing results.
While there was less fervour for AI-related tokens, efforts like Render Token (RNDR) and SingularityNET (AGIX) kept onto their existing advantages to suggest that a confident prediction about the industry’s future may support fresh demand. According to data from CoinGecko, the market valuation of the AI sector in cryptocurrencies is now $2.7 billion, indicating potential for growth.
When its AI platform ActualizeAI launches later in the quarter, the trading platform AltSignals (ASI), which has an operational product, will be prepared for such advancement.
Describe AltSignals.
A marketplace for buying and selling notifications called AltSignals introduced its service providers in 2017. As its reputation rose over the preceding few years, its person base increased to over 50,000. With the use of its purchasing and selling algorithm, traders may get notifications for a variety of marketplaces, including cryptocurrencies, equities, and foreign exchange.
With the use of artificial intelligence, the AltSignals crew is currently attempting to increase the success of its AltAlgo trading system. By utilising the technology and incorporating the benefits of blockchain, clients will have access to a far broader selection of notifications, greater accuracy, and profitable transactions. You may learn more about this project by going to its website.
ActualizeAI: an AI solution to transform the purchasing and selling industry?
Through its ActualizeAI platform, AltSignals is ushering in an AI revolution for the purchasing and selling industry. The team believes that the advantages AI may have over the current system, such as the capacity to combine predictive modelling, regression, and AutoML (machine learning), will make it easier for consumers to get the best trading options.
The ASI cryptocurrency token may be used to fuel the AI layer. Holders of ASI will have unrestricted access to ActualizeAI choices while the token is still in presale. Holders will also be able to participate in the ecosystem through governance rights or contests for prizes. Even better, ASI will be used for staking and will be traded on secondary platforms.
Is the ASI token an expensive purchase?
The future for ActualizeAI and the native ASI cryptocurrency is described in the AltSignals whitepaper. The introduction of the ASI presale and subsequent listing on major cryptocurrency exchanges is one of the mission’s numerous first milestones. In this instance, the presale gives investors the chance to buy the token early and maybe at a discount.
After being listed on major exchanges, token values have historically skyrocketed, and ASI may observe a similar scenario.
Moreover, investing early might be an opportunity to support an existing successful company that is entering a brand-new phase of growth that has attracted significant interest in both traditional markets and cryptocurrencies.
What is the current value of ASI?
As of this presale stage, ASI is now valued at $0.015 up from $0.012. The token’s value will increase by 20% in the following step, then by 12.5%, and finally by $0.02274 in the final stage.
