In recent years, both the worlds of cryptocurrency and artificial intelligence have seen significant growth and development. In 2023, it seems these two fields are converging in a powerful way, with AI cryptocurrencies positioned to take the market by storm. One of the most promising players in this emerging space is Avorak AI and it looks set to overtake meme coin giants like Dogecoin and Shiba Inu.
What is AI crypto?
AI crypto refers to cryptocurrencies that are integrated with artificial intelligence. These digital currencies utilize AI technologies, such as machine learning algorithms and natural language processing, to improve functionality, efficiency, and security. The integration of AI into the crypto market has opened up new possibilities for smart contracts, decentralized finance (DeFi), and more. With AI, cryptocurrencies can analyze vast amounts of data, detect patterns and trends, and make predictions in real time. This technology also allows for enhanced security measures.
Avorak AI (AVRK)
Avorak AI is a pioneer in the AI cryptocurrency space. Avorak is combining AI and crypto to provide powerful chatbots, image and text generation tools, trading bots, and a large set of products all powered by Avorak ecosystem’s native token AVRK.
Long-term investors can lock their AVRK for up to 12 months in order to earn a portion of the final publicly listed non-LP tokens through a “Share Increase” staking option. AVRK will also be available on decentralized exchanges for liquidity provision, in addition to enlisting in ‘Earn’ programs on selected centralized exchanges. As the machine learning system transitions into a decentralized state, running on its own blockchain using a Proof-Of-Learning validation consensus, future use cases will entail AVRK as the “gas” token for the Avorak Network.
This powerful utility token is currently available at $0.060 through Avorak’s initial coin offering (ICO), with investors at this stage getting a 10% on-top bonus.
Dogecoin was the first meme coin. It was created in 2013 and has since gained a lot of popularity. A large part of this success can be attributed to Elon Musk, who openly declared DOGE his favorite crypto, and subsequently kickstarted the epic trend. Although DOGE has garnered popularity among novice investors, many others have highlighted that Dogecoin is pretty much only useful as a transaction medium. It seems DOGE is designed to be simply a meme coin used to make payments which is something that many other cryptocurrencies with additional applications already provide.
Shiba Inu (SHIB)
Shiba Inu was created in August 2020 and quickly became one of the most popular cryptocurrencies in crypto, ranking as a top meme coin. Shiba Inu has built a strong community, the Shibarmy, which keeps SHIB trending.
SHIB is a deflationary ERC-20 token used for payments. The project aims to increase SHIB’s use cases by introducing new features to the ecosystem, such as its own blockchain called Shibarium.
The emergence of AI cryptocurrency has been a game-changer and has seen explosive growth, with more and more investors jumping on board. AVRK is expected to overtake meme coins like DOGE and SHIB, with its AI integration and unlimited use cases.
To get more information on Avorak AI
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.