Elon Musk has been trending on Twitter yet again, as the Tesla and Twitter CEO shared the latest in a long line of Dogecoin-inspired memes. This had an interesting impact on the Dogecoin price, as many investors have come to expect whenever Elon Musk mentions the token.
AltSignals has also been making waves in Web3, albeit for very different reasons. The project is launching a highly sought-after new token, $ASI, as it aims to bring new artificial intelligence capabilities to the platform.
Elon Musk’s Dogecoin support trends on Twitter once again
The Dogecoin price has been massively impacted by Elon Musk in recent years, ever since the world’s current richest man announced his support for the token. Investors use Elon Musk’s Twitter posts as a buy or signal whenever he mentions DOGE, which has been known to directly move the Dogecoin price in both directions.
Most recently, Elon Musk mentioned Dogecoin as he shared a meme on Twitter that said “Who let the DOGE out?”. This prompted the Dogecoin price to jump up the charts. However, the move was short-lived as DOGE has now fallen back to its previous price level.
Could the $ASI token presale be yet another profitable AltSignals opportunity?
Elsewhere in Web3, the AltSignals presale has been attracting significant attention thanks to the platform’s native token presale, which is designed to supercharge a new artificial intelligence (AI) protocol. The new $ASI token will provide greater access to AltSignals’ new suite of tools along with a host of additional benefits within the community.
AltSignals has been a highly successful crypto group that has provided profitable trading signals for its members since 2017. Until now, the project used an algorithmic indicator called AltAlgo™ which has consistently had a 70% accuracy rate and helped anyone who matched its trades to 10x their portfolio in 19 out of 32 months on record.
What is Dogecoin?
Dogecoin has become world-famous as the earliest example of a meme coin in Web3. Launched in 2013, the blockchain uses the same underlying consensus protocol as Bitcoin, which makes it a highly secure method of sending payments across national boundaries.
Despite its status as a light-hearted joke, Dogecoin has several advantages over traditional fiat currencies. These advantages include low transaction fees and near-instant confirmations, allowing anyone to send an unlimited amount of money across the world within minutes.
Dogecoin price prediction: Can DOGE reach $1 in 2025?
The Dogecoin price reached $0.70 during the 2021 bull market, as prominent supporters such as Elon Musk announced their support on Twitter. Twitter was filled with Doge-inspired memes, and the Dogecoin price continually pumped as a result.
However, the 2022 market crash saw the Dogecoin price lose over 90% of its value. Experts are forecasting that DOGE struggles to reclaim its previous all-time high, as there are major resistance levels above the current Dogecoin price, $0.075.
What is AltSignals?
AltSignals is an online trading community that helps anyone to make a profit while navigating the cryptocurrency markets. The platform utilizes an advanced algorithmic trading tool, AltAlgo™, to share highly accurate trading signals with its members.
Now, the project is expanding its blockchain offering. The new $ASI token will be used to gain access to a new-and-improved trading toolkit that is powered by AI. The new suite of tools, ActualizeAI, is currently under development and has been specially designed to boost the profitability of the platform’s original tools.
How does AltSignals work?
By buying and holding the $ASI token, investors will gain access to ActualizeAI. ActualizeAI combines machine learning algorithms with natural language processing (NLP) to analyze vast amounts of market data at once. While still under development, the tool is expected to maximize earning potential and give a significant edge to crypto market traders who use it.
$ASI can also be used to access ActualizeAI Club, which will provide greater access to a range of new opportunities to make money in the crypto markets. These opportunities will include access to public and private sales for new cryptocurrencies, which can often produce major returns on any initial investment.
ActualizeAI Club will also allow traders to test out new AltSignals tools before they are officially released. Beta testers will earn cryptocurrency rewards in exchange for trying out these new tools, as well as gain innate advantages for using industry-grade indicators before anyone else has access.
Can ASI reach $5 in 2025?
The $ASI token presale is an exciting investment opportunity for several key reasons. The AltSignals platform is branching out to the field of blockchain-based AI, which is expected to be one of the leading industry verticals in the entirety of Web3 over the coming years.
$ASI also has deflationary tokenomics, and its embedded utility could attract a growing number of users over time. Experts are forecasting major returns from the end of the crypto presale, which has already attracted $112k of investment in 1 day in its opening stages.
AltSignals vs Dogecoin price: Which is worth buying?
Elon Musk seems to be single-handedly keeping the Dogecoin price afloat at times, as many investors believe that the token seems overpriced. Meme coins such as Dogecoin typically lack any form of utility, which is in stark contrast to the new $ASI token being released by AltSignals.
Twitter jokes from Elon Musk aside, Dogecoin is highly unlikely to outperform AltSignals over the coming months and years. AltSignals is an industry-leading AI protocol that could revolutionize the way that people trade the markets, which makes the crypto presale a highly promising investment opportunity.
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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