Artificial Intelligence (AI) algorithms are known to predict outcomes and future events faster than humans. PEPE coin has been gaining attention and increased investments recently. However, Avorak AI trade indicators point to a sharp pullback in PEPE coin.
What is PEPE coin?
PEPE is a new deflationary meme coin on Ethereum. It was launched on April 17th and has since gained significant attention. The coin is inspired by the Pepe the Frog meme but has no relation to its creator, Matt Furie. According to its website, PEPE coin is used for entertainment purposes only, with no intrinsic value or expectation of financial gain. The meme coin has a maximum supply of 420,690,000,000,000 PEPE, with more than 391,000,000,000,000 in circulation.
Why is PEPE coin pumping?
Despite lacking real-world utility, PEPE has seen tremendous growth, with its market cap reaching the $1 billion threshold just a few weeks after its launch. Certain factors have led to this pump, including PEPE’s no-tax policy, redistributive system, and burning mechanism. Additionally, PEPE has been trending on social media, which is a key driver of its value. Top-ranking exchanges such as Binance and OKX have listed PEPE, adding to its popularity. Experienced crypto traders and investors aren’t surprised by PEPE coin’s dramatic surge, as this has happened time and again. However, despite its positive movements, many of these experts claim that PEPE could be another pump and dumb, citing its anonymous dev team and concerns about some of PEPE coin whales. Therefore, investors should conduct in-depth research and seek professional assistance before making any investments.
What is Avorak AI?
Avorak AI is a new AI platform running on the BNB Smart Chain. The ecosystem hosts a wide range of AI solutions that enable users to enhance their abilities and scale their operations. These solutions are first to the market, allowing users to get ahead of the competition as they get access to offerings that can’t be found anywhere else.
The Avorak platform uses a token payment system for its services. The AVRK token is the credit for accessing the services, and it is currently selling at $0.235 in phase 6 of Avorak’s ICO. After the project is launched, AVRK can be traded on various exchanges, including Coinsbit, Azbit, and PancakeSwap. AVRK’s launch price was initially $0.27 but was later amended to $1 after a notable influx of investors in its ICO.
How can the Avorak trade bot help?
The Avorak trade bot is one of Avorak’s advanced AI solutions. The trading bot uses AI algorithms to analyze market trends, predict outcomes, and provide significant indicators. Despite the AI trade’s indicators pointing to a sharp pullback in PEPE coin, it has other unique features that can help traders benefit. With its AI algos, Avorak Trade can help users find the best possible trades and conduct them on their behalf. The bot can be easily programmed to work on multiple exchanges and assets, unlike many other trading bots and APIs. Avorak’s trading bot includes notification systems and other risk management measures, such as stop-loss orders, to help protect its users’ investments. Avorak Trade offers enhanced security of API keys with Avorak’s AI mechanisms. Many crypto watchers have been discussing Avorak’s products and offerings, suggesting that the project has great growth potential.
For more information on Avorak AI:
Buy AVRK: https://invest.avorak.ai/register
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