In times of market crashes, smart investors always take advantage and invest in cryptocurrencies that demonstrate a track record of innovative ideas, effective strategies, and robust technologies. As such, the recent crypto market crash presented a lifetime opportunity for investors to explore emerging opportunities. Among the leading cryptocurrencies presenting significant potential are Ethereum, Shiba Inu, and Avorak AI.
Ethereum (ETH)
Ethereum is an ecosystem that has the potential to transform existing business models, which could drive its value to unprecedented heights. Although there are scalability concerns, Layer 2 solutions are expected to provide a long-term solution. Ethereum is predicted to capture most revenues from L2 solutions, resulting in a long-term marginal rate of 10% for L2s. However, Ethereum will continue to host half of the ecosystem’s value as certain assets and transactions require higher security, composability, and atomicity, which Ethereum can provide. However, the ETH price dropped by 5% following the SEC altcoin crackdown.
Will Shiba Inu go up?
As of 15th June 2023, Shiba Inu was trading at $0.000007 per SHIB. The Shiba Inu ecosystem believers remain optimistic about a longer-term outlook. SHIB’s price forecast will likely be influenced by external factors such as market trends, social media hype, and adoption rates. Despite its lack of a real-world use case, smart contracts on the Ethereum network could provide some hope for its future. The Shiba Inu market is tough to predict, and investors should exercise due diligence. Shiba Inu is mostly viewed as a speculative part of a crypto portfolio, with the potential for significant returns but equally significant risks. Hype and social media buzz will likely play a significant role in Shiba Inu’s future, as is the case with most “meme coins,” but its potential for long-term stability remains to be seen. The use case on the line for Shiba Inu is the much-awaited Shibarium launch, which might propel Shiba Inu price.
Avorak AI
Avorak AI is a packaged AI solution dealing with the demands and challenges of the rapidly growing cryptocurrency industry. It offers a range of tools and services designed to help traders and investors make better decisions by leveraging the power of AI. Avorak Trade Bot monitors the markets 24/7, providing real-time updates and accurate signals to help traders make decisions based on accurate price movements. This provides an edge over traditional manual trading methods, which cannot keep up with the fast-paced nature of the crypto industry. Traders can buy and sell cryptocurrencies via automated trading strategies.
Avorak AI is in phase seven of its ICO, with its token AVRK going at $0.255, having risen by 325%. This extraordinary performance has attracted investors across chains, who believe in Avorak AI. As the ICO nears completion and having achieved a milestone, Avorak rewards its ICO holders with a final bonus round
Wrap Up
ETH, SHIB, and AVRK have shown tremendous growth trajectory, compelling features, and functionalities that place them at the peak of the crypto market. The three altcoins held their ground amid the market crash.
More on Avorak AI here:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register