Everyone is getting ready to make their XRP price predictions thanks to the recent Ripple news regarding the lawsuit from the United States Securities and Exchange Commission (SEC) against Ripple Labs and some of its executives. At the same time, AltSignals has an ongoing presale for their ASI token, which stands to benefit from the sort of price volatility that is bound to hit the XRP markets throughout the year.
ASI can succeed whether the crypto market goes up or down
A key selling point of the ASI token among crypto traders is that this crypto coin has the potential to do well no matter what else is going on in the crypto market. That is because ASI is the proprietary token of the AltSignals platform, a service that offers trading tips and signals to day traders who are tracking market movements regularly. After all, these traders will want tips sent to them whether the market is going up or down.
There are two fundamental purposes to the ASI token. It will help AltSignals fund its artificial intelligence (AI) integration into its current product offerings. Additionally, ASI will become the native token of the AltSignals platform, and it will be required to access the most advanced features, such as the upcoming ActualizeAI, which will be crucial for traders hoping to get the most out of their AltSignals subscriptions.
The ASI token presale is happening right now, and those interested in getting involved should know that the price of ASI tokens increases at each stage of the presale, which is being conducted in five total stages, including a Beta stage. Pricing starts at $0.012, but it will be $0.02274 by the end.
What will AltSignals do?
AltSignals offers trading tips for speculators operating in several markets such as crypto, Forex, Binance Futures, and traditional stocks. The company behind AltSignals is already profitable, and it was established all the way back in the middle of the first wave (ICO) boom of 2017. A strong community has also been based around the AltSignals platform, including 50,000 subscribers and an impressive 4.9/5 rating on Trustpilot.
How does AltSignals work?
Currently, the main selling point of AltSignals is their AltAlgo Indicator, which is used to create many of the signals sent out to their subscribers. However, ActualizeAI is expected to enhance this aspect of the AltSignals platform further, taking their 64% success rate all the way up to 80%.
ActualizeAI will add several AI enhancements to the AltSignals platform, such as machine learning, predictive modeling, natural language processing, sentiment analysis, and reinforcement learning. Reinforcement learning is an essential component of ActualizeAI, as it will help the system better understand the risk-to-reward tradeoffs of particular trading signals.
What will the ASI price do in 2023?
It is, of course, difficult to predict where the ASI price will go in 2023, as it’s very early days, and the presale is happening right now. That said, the tokenomics of ASI are sound, and it should grow in price as long as traders find value in the AltSignals platform. Anyone tracking the latest Ripple news to make a trade might also want to get tips from AltSignals regularly.
As the crypto bull market continues in 2023, AltSignals users will need to grab ASI tokens to gain access to ActualizeAI and the AI Members Club, two of the key innovations coming to the platform as a result of the token presale. Users with ASI tokens stand to have more significant and immediate access to the top features on AltSignals.
What are the latest developments on Ripple’s lawsuit and the XRP price?
XRP tokens surged by more than 20% on March 22, 2023, reaching a high of $0.63. This rally was due to a positive outlook in the ongoing legal case between Ripple, the company behind XRP, and the U.S. Securities and Exchange Commission (SEC). The SEC accuses Ripple of selling unregistered securities through its XRP sales, while Ripple argues that XRP is a currency and not a security.
Most analysts agree that the future of the XRP price will depend mainly on the outcome of the lawsuit. If Ripple prevails or reaches a favorable settlement with the SEC, it could trigger a significant increase in demand and confidence for XRP, potentially pushing its price above $1 or even higher. On the other hand, if Ripple loses or faces unfavorable terms from the SEC, it could result in a major setback for XRP and its ecosystem.
While it will be difficult to predict what will happen with the XRP price next, it should be noted that all of this uncertainty is precisely the type of situation that is perfect for ASI. More uncertainty in XRP and the rest of the crypto market means more traders looking to gain an edge by using AltSignals, which means higher demand for ASI.
While it’s unclear how Ripple news will look going forward, ASI stands to benefit either way. This makes it the safer, more practical bet between the two crypto assets.
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.