Experts have shared AltSignals’ ASI token and Litecoin forecasts for 2023 and the results may shock long-term crypto investors. Litecoin (LTC) has been a top cryptocurrency for many years, but the Litecoin forecast now seems unlikely to outperform AltSignals (ASI) – a brand-new blockchain project with an AI-powered trading algorithm.
Litecoin falters while AltSignals soars: Is it a sign of more to come?
Litecoin has been a leading cryptocurrency since it first launched back in 2011. The network is designed to improve upon the Bitcoin blockchain by bringing a higher degree of scalability. Litecoin forecasts have remained bullish since its inception, as it utilizes the same underlying security layer as Bitcoin but can process a higher number of transactions than its predecessor.
In spite of it being built using highly innovative technology, the LTC price has stagnated in recent years. LTC barely broke through its previous all-time high during the 2021 bull market, at a time where Bitcoin trebled its previous record. Since then, LTC has fallen by over 75% and has left investors questioning whether the long-term Litecoin forecasts will actually manifest.
In contrast, AltSignals continues to gain significant momentum during its new crypto presale. The ASI token is launching at $0.012 and is widely considered to be one of the most promising token launches in 2023. The project has supported a profitable trading community since 2017, and is now releasing a hotly anticipated artificial intelligence upgrade to its original trading tool suite.
What is Litecoin?
Litecoin, or LTC, is a cryptocurrency founded in 2011 by Charlie Lee, an eminent computer scientist.The blockchain provided faster transaction times and improved storage efficiency in relation to Bitcoin. LTC uses the same proof-of-work consensus mechanism as Bitcoin, yet implements some key differences including faster block production speeds.
Litecoin utilizes Scrypt Deferred Settlement, a type of verification system that requires users to ‘lock up’ some coins while they are making transactions. This prevents double spending and is intended to deliver a highly secure decentralized financial network.
Litecoin forecast: Could LTC reach $150 in 2023?
Despite going through a significant long-term correction, the Litecoin forecast remains moderately bullish over the coming years. LTC is expected to target its previous all-time high yet again during the next crypto bull market, and there are key levels of confluence on the way that traders should target.
One of the primary levels of resistance, and a key price target in the 2023 Litecoin forecast, is $150. The range between $140 and $150 is an ongoing area of interest for the LTC price, which gives any breakout from this level major bullish momentum for the long-term Litecoin forecast.
What is AltSignals?
AltSignals is an online trading platform that shares industry-leading trading tools. The platform has helped a community of traders to maximize their return potential while trading the crypto markets, including through the AltAlgo™ indicator – the project’s flagship trading tool.
AltAlgo™ helped those who implemented its trading signals to 10x their portfolio in 19 out of 32 months on record, as the trading tool has consistently produced 70% accuracy while sharing signals.
AltSignals is now expanding its blockchain offering, and is developing an AI-powered trading suite, designed to improve upon previous versions. ActualizeAI is the new trading stack being released by AltSignals – it utilizes natural language processing (NLP) and machine learning capabilities to analyze vast amounts of market data, providing heightened accuracy and even more profitable trading signals.
ActualizeAI is thought to be a revolutionary new development by AltSignals, which now has the potential to become a leading AI-based crypto project over time.
How does ASI work?
The ASI token will be used to gain access to ActualizeAI, which gives all token holders an edge while trading the crypto markets. ASI holders can also test the latest AltSignals trading tools before they are officially released, and earn crypto rewards in exchange for providing feedback to the development team.
ASI also provides entry to AI Members Club, which provides vast benefits beyond AltSignals’ core AI toolkit. For example AI Members Club users can participate in early-stage investment opportunities for new cryptocurrencies, which are often highly lucrative.
Not only this but AI Members Club users gain the opportunity to participate in official trading tournaments hosted by the AltSignals platform, where participants earn cryptocurrency rewards for their performance.
Could ASI reach $0.50 in 2023?
The ASI token has the potential to be an industry-leading AI project thanks to the new ActualizeAI stack. This offering is expected to attract a significant number of users over time, which should benefit the ASI token price.
ASI has deflationary tokenomics and vast utility within the AltSignals ecosystem, which means that any increase in buy pressure is destined to push the price upwards. In 2023 alone, some experts are forecasting 20x returns for the ASI token – placing it at almost $0.50 before the end of the year.
AltSignals vs Litecoin forecasts: Which token has the most potential?
Both the AltSignals and Litecoin forecasts are bullish over the coming years. However, the Litecoin forecast is unlikely to outperform AltSignals ASI token due to the project being at a later stage in its development. Newer projects typically climb at a faster rate than established ones due to the low market cap,especially when the new project has strong fundamental characteristics like AltSignals has.
AltSignals is extremely well-positioned in the new Web3 world. The platform combines a unique value proposition with ground-breaking new technologies, as the combination of blockchain and AI could send the token into the stratosphere. For now, the presale is still ongoing. Investors have a limited time to buy ASI token during the presale, before it is later released on centralized digital asset exchanges at a much higher price level.
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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