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Are Meme Coins Fading? How AltSignals Presale Compares To Mooky in 2023

News Desk
News Desk
News Desk
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News Desk
The latest news, comment and analysis from our crypto news desk.
June 27th, 2023

The meme coin craze, which culminated in Pepe (PEPE) growing to a near billion dollar valuation in a matter of weeks, now seems to be over, for this year at least. Tokens that lack any in-built utility were springing up left, right, and center, donning popular internet memes such as Soyjack and Pepe the Meme to attract online engagement.

Mooky, a new meme coin being released right now, may have missed the boat. The unfortunate timing of the Mooky release can be contrasted with AltSignals, which is launching at a time where AI tools are taking over a variety of global industries.

The question is: which of these two token presales will prove to be the better buy?

Meme coin mania may be over, but the exponential expansion of AI is just getting started

While meme coins are widely criticized for facilitating crypto rug pulls, they remain a popular choice for speculators seeking to make a short-term profit. The meme coin craze of 2023 saw several weeks of obscene price rises before each token inevitably retraced back to a more reasonable valuation.

Now, investors are starting to think that the meme coin craze is over. Regardless, a new meme coin called Mooky has launched its crypto presale and looks to attract investors during the market lows. Mooky will compete with solid projects like AltSignals for presale investment. AltSignals is developing a custom artificial intelligence protocol that can provide accurate trading signals for its users, which is a use case that has growing demand within the world of Web3.

What is AltSignals?

AltSignals is an online trading community that first launched in 2017. Over 50,000 users have taken advantage of the platform’s trading tools to make a profit in the crypto markets, as tools such as AltAlgo™ have produced over 10,000% returns in 19 separate months for Binance Futures.

The project is now releasing a new and improved trading stack powered by artificial intelligence. The new stack, ActualizeAI, leverages natural language processing (NLP) and predictive modeling to deliver machine learning capabilities for AltSignals’ trading tools.

ActualizeAI is expected to further boost the overall accuracy and frequency of signals. It can help retail traders to maximize their returns and minimize their losses while navigating volatility in the crypto markets.

How does ASI work?

The ASI token, available for $0.015 during stage 1 of the AltSignals presale, provides its holders with direct access to ActualizeAI. Investors can also stake their ASI tokens to earn a passive yield and can vote in governance proposals posted by the AltSignals team.

As one of the few institutional grade tools available to crypto traders, ActualizeAI is expected to attract a significant level of demand. All users of ActualizeAI can access an exclusive online trading community called AI Members Club, which offers a range of additional benefits to ASI token holders.

AI Members Club will connect its community to lucrative investment opportunities for early stage crypto projects. Members will be given first refusal on presales and private sales for some of the most high potential developments on the blockchain, which is an attractive feature in and of itself.

Beyond that, AI Members Club will host online trading tournaments where the winners can earn major prizes paid in ASI tokens. Members can also test out the latest algorithmic indicators from AltSignals and earn crypto for providing feedback. To access the full benefits offered by AI Members Club, investors need to own a minimum of 50,000 ASI.

Will ASI reach $0.45 in 2025?

The ASI crypto presale is considered one of the most promising investment opportunities of the year. AltSignals combines institutional grade trading tools with a wealth of earning opportunities for its backers, accompanied by an AI protocol that could change the trading game for the entire crypto industry.

Price analysts are forecasting that ASI reaches at least $0.30 in 2025. If the project successfully attracts retail traders seeking to maximize their profit potential, it could grow to a massive valuation of over $1. This would be a monumental 80x price rise between now and the bull market peak.

What is Mooky?

Mooky is a new meme coin released on the Ethereum and Binance Smart Chain blockchains. The project features a 3D monkey as its mascot and aims to bring a range of community-driven initiatives to its ecosystem, including decentralized governance.

As a meme coin DAO, Mooky’s mission statement revolves around an eco-friendly initiative. Investors in Mooky can contribute towards new trees being planted in forests worldwide and participate in a fun and light-hearted online community.

Will Mooky reach $0.20 in 2025?

350 billion MOOKY tokens have been made available during the meme coin presale. Once the presale is complete, Mooky plans to launch several green initiatives to help conserve wildlife and plant more trees worldwide.

The project is likely to rise in value over time despite a lack of utility for the MOOKY token. No on-chain services are available for MOOKY holders, which could hold back its price action between now and the next bull market. Price analysts expect MOOKY to reach $0.00007 at its peak, giving it a market capitalization of $24.5 million.

AltSignals vs Mooky: Which is the better buy?

While Mooky is an interesting community-driven project with a noble aim, the AltSignals native token gives all its holders immense user benefits. This is likely to be a driving factor behind ASI’s rapid rise to the top, coupled with its custom AI protocol that sets it apart in Web3.

The ASI token is available for $0.015 right now. This value will rise to $0.02274 by the final stage of the presale, so investors seeking to get involved have a limited time only before it’s released on major exchanges.

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.