2022 will go down in history as a notoriously bad year for crypto markets. Bearish market conditions saw prices fall enormously due to the crashes of Luna early in the year and the FTX scandals. The good news is that 2023 looks like the year when market conditions will thankfully ease.
This has already seen the Solana price prediction bounce as analysts revise their annual assessments. However, it is the new native token of trading platform AltSignals, ASI, that could turn out to be the ultimate crypto opportunity of 2023.
AltSignals is launching during a market recovery
The first two months of 2023 have seen currencies react bullishly to improving crypto news, with Solana’s price almost doubling since the beginning of 2023. These gains are symptomatic of a more comprehensive market recovery, driven by improvement in the performance of Bitcoin (BTC).
AltSignals, already established as a market-leading crypto trading community boasting more than 50,000 members, has announced the release of its native ASI coin in a presale event that begins in March.
ASI is already a token designed with significant levels of built-in utility. Holders will have access to the groundbreaking ActualizeAI tool that will improve on AltSignals’ already highly successful AltAlgo™ Indicator, which continuously scans markets in real-time. The ActualizeAI tool is likely to lead to high potential returns for early investors. News of a return to a potential bullish market will likely serve to push the price of ASI even higher in the coming months and years.
What is Solana?
Solana is a layer-1 blockchain that supports the development of decentralized applications (dApps). Unlike Ethereum’s market-leading layer-1 solution that uses proof-of-work consensus (PoW), Solana’s unique consensus mechanism combines proof-of-stake (PoS) with proof-of-history (PoH) to deliver quick block finality.
As a result, Solana delivers high-speed, low-cost transactions helping to improve the user environment and smoothness for independent dApps. In addition, Solana delivers outstanding scalability currently lacking in competitor blockchain solutions, allowing developers to create dApps that serve millions of users without latency or performance loss. As a result, Solana has become the blockchain server of choice for several DeFi products and GameFi platforms.
Solana price prediction: Is $35 possible in 2023?
Solana has already seen significant gains since the beginning of 2023, leading many market analysts to adjust their Solana price predictions this year. It is currently trading at $23.34, and market predictions are that this could rise to around the $35 mark, representing almost 3X returns on the price of SOL compared to the beginning of the year.
This represents a return to SOL’s natural market trading price after falling during the height of the FTX scandal. If bullish market conditions take hold in 2023, the price could surpass $40 this year, earlier than expected.
What is AltSignals?
AltSignals is already one of the largest crypto trading groups in the Web3 space, with the platform consistently providing its vast global community access to excellent trading signals since 2017.
At the heart of the AltSignals offering is its brand-new ActualizeAI product, which will enable AI-powered trading signals by utilizing cutting-edge AI technology to provide its community with the best possible trading intel. Machine-learning algorithms will continuously scour the markets in real time, adjusting their signals according to market performance in conjunction with groundbreaking predictive modeling. All of this information will benefit from natural language processing before being presented to the community.
Recent results during backtesting on the platform’s innovative AltAlgo™ indicator tool saw the AltSignals platform boasting an outstanding 83.56% success rate on Bitcoin (BTC) trades and an impressive 70.09% on Ethereum (ETH) trades.
Over the past five years, AltSignals has grown rapidly, attracting a worldwide user base that relies on and trusts its trading signals. It provides information on daily crypto trades, CFD, Forex, Binance Futures, and shares.
How does ASI work?
The ASI token will provide holders with early access to the groundbreaking ActualizeAI product, giving investors a huge advantage over the competition with cutting-edge signals. It also allows token holders to join the exclusive AI Members Club, where members can access presale and private sales across crypto markets, opening early access to some of the most lucrative crypto opportunities to club members.
Club members will enjoy early access and be able to test new trading tools offered by AltSignals, with those holding a higher number of tokens having more immediate access to new tools and an opportunity to share feedback with AltSignals’ development team.
Can ASI reach $1 in 2023
The ASI token presale event is likely to get off to a great start as it releases at $0.012, thanks to the support of a well-established project standing behind it. The AltSignals community is already one of the largest within the crypto industry and is almost certainly set to grow rapidly.
With the price of ASI set to rise to $0.02274 by the end of the presale, analysts expect interest to increase when it goes live on exchanges, especially if crypto markets continue to ease.
Many experts predict that ASI reaching $1 is a realistic expectation for 2023. This is in no small part thanks to its community-led approach and excellent reputation, alongside enhanced use of innovative AI tools. All signs point towards a hugely bright future for the project.
AltSignals vs. Solana price prediction: Which to buy?
2023 looks set to be a good year for existing SOL coin holders as Solana benefits from easing bear market conditions and overcoming the FTX scandal at the end of 2022. However, new investors' returns look to be moderate compared to the possibilities presented by ASI.
AltSignals has the potential to become an industry leader in AI application, with its new ActualizeAI capability taking its trading signals solutions to another level once it rolls out. With a limited number of ASI tokens being released during the presale, investors would be wise to look into the project soon to avoid disappointment at missing out on what could be the best buy of 2023.
You can participate in the AltSignals presale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
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