For bullish crypto users seeking the best crypto to invest in, two popular choices in recent weeks have been Spongebob (SPGBB) and AltSignals (ASI). Spongebob skyrocketed as it rode the coattails of mind-blowing gains made by Pepe (PEPE), while the AltSignals presale has attracted long-term investors seeking an AI-powered Web3 protocol.
Price analysts have warned against jumping late into meme coins like Spongebob, as they can often lose value fast. In contrast, some of the best cryptos to invest in now, including AltSignals, are building steadily as they progress towards a comprehensive blockchain solution that provides attractive utility for holders.
With meme season causing FOMO, which is the best crypto to invest in now?
Meme season has come to the crypto markets, with brand new tokens posting impressive gains in a short time. One of the short-lived success stories from meme season so far has been Spongebob, which skyrocketed almost 10x in a matter of days.
While punters continue to bet on the short-term future of meme coins, long-term projects like AltSignals continue to build solid products. AltSignals offers an established algorithmic trading protocol called AltAlgo™ that assists traders’ journey to profitability, and the ASI token is intended to support a purpose-built AI toolkit that will provide lucrative trading signals to users.
JP Morgan commented on the widespread use of AI-powered trading tools such as those provided by AltSignals. The project now aims to bring institutional-grade AI signals capabilities to the crypto markets, and its native token ASI’s presale has proven extremely popular.
The ASI token, considered one of the most promising new cryptos to invest in, has launched during a presale which has now attracted $846k worth of investment. The presale is currently in phase 1, with ASI tokens available at the current price of $0.015.
What is AltSignals?
AltSignals is an online trading platform that brings algorithmic trading tools to retail traders in Web3. The project initially launched in 2017 and has consistently served over 50,000 users with profitable trading signals over the past six years.
AltSignals currently utilizes a patented algorithmic trading tool called AltAlgo™, which has an impressive track record. For example, the tool provided over 10,000% returns in 19 out of 32 months for Binance Futures, and has had an accuracy rate of over 70% for crypto market calls.
The new native token for the platform, ASI, is expected to be one of the best cryptos to invest in now thanks to its appealing utility. ASI provides direct access to a brand new, AI-powered trading toolkit called ActualizeAI, which leverages machine learning capabilities to optimize AltSignals’ trading signals further.
How does ASI work?
ASI’s primary utility is adjoined to the previously mentioned ActualizeAI — an AI-powered trading stack currently in development that can help maximize returns in the crypto markets. ActualizeAI uses natural language processing (NLP) and predictive modeling to bring machine learning capabilities to AltSignals’ existing trading tools, which is expected to boost both the accuracy and frequency of trading signals.
The ASI token also provides a range of benefits, including access to the AI Members Club, an exclusive online community being developed for the platform. Members can gain a range of privileges for holding the ASI token, which is why it is considered one of the best cryptos to invest in now. This includes early access to promising crypto investments during presales and private sales, which are often lucrative investments.
AI Members Club will also host online trading tournaments where the winners earn significant crypto prizes, and members can test out the latest AltSignals trading tools before they are officially released. Further utility for the ASI token comes via AltSignals’ new DeFi services, which include staking and voting in governance proposals to further the platform's development.
Will ASI reach $0.25 in 2023?
Price analysts are bullish on the future of AltSignals for many reasons, including that it combines a range of purpose-built blockchain products to help traders in the crypto markets. In addition, the ASI token has deflationary tokenomics and vast utility within the ecosystem, which is expected to serve an increasing number of users in the next few years.
The ASI presale will raise the value of the utility token from $0.012 to $0.02274 before it’s released on exchanges. By the year's end, experts predict that ASI could be worth over $0.15 in value, gaining momentum ahead of an expected bull run in 2024.
What is Spongebob?
Spongebob (SPGBB) is a new meme coin modeled on the popular kids’ TV program Spongebob Squarepants. Spongebob has little in the way of utility, which makes it a gamble to buy now, but it has managed to attract attention thanks to its recognized name and the current meme hype on social media platforms.
Speculators backed SPGBB during the first few days after launch, but it has since fallen away in price action. The SPGBB token had over $10 million in trading volume on the 1st May — a value that dropped to just $76,000 three weeks later.
Will SPGBB reach $0.0001 in 2023?
SPGBB breached the $0.0001 price level after starting at $0.000013. This happened in just six days as the Spongebob meme took to social media and attracted crypto speculators trying to make a short-term profit.
The SPGBB token is unlikely to recover now that attention has shifted elsewhere. Although the Spongebob Squarepants TV program lasted a full 13 seasons, the Spongebob crypto token looks set to fall from favor after a month.
AltSignals vs. Spongebob: Which is the best crypto to invest in now?
While meme coins like Spongebob may attract short-term punters, substantial projects such as AltSignals have real potential for future gains. The ASI token provides a utility that serves serious investors worldwide, and the platform aims to make AI-charged algorithmic trading tools more accessible in the crypto sphere.
The ASI token presale is still ongoing, with the current value being just $0.015. Price analysts expect a significant upside from this level, so any crypto enthusiasts who missed out on the meme mania may find a new profitable opportunity. It’s undoubtedly one of the most promising cryptos to invest in currently.
You can participate in the ASI presale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
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