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SPONSORED POST*   In the cryptocurrency world, trends come and go as quickly, with some coins skyrocketing in value and others fading into obscurity. Meme coins like Dogecoin and Big Eyes caught the attention of investors due to their social media presence and celebrity endorsements. However, the crypto market is very dynamic, and these coins lack real case uses and are quickly losing their relevance. Instead, emerging technologies like AI crypto are taking center stage, with projects like the Avorak AI ICO outpacing meme coins with an impressive increase of over 100%. Dogecoin Dogecoin’s entry to the crypto space in 2013 brought fun to the accommodative sphere of DeFi. While mocking established cryptos like Bitcoin, Dogecoin came with a doge meme that spread across social media to become a powerhouse. In addition, DOGE’s endorsement by Snoop Dogg and Elon Musk in 2021 spiked the Dogecoin price to its all-time high. However, the recent announcement of Elon Musk backing AI crypto led to a 10% drop in Dogecoin price. Though it rose by 5% the past week, DOGE is 89% below its peak days. Analysts point to Dogecoin becoming less newsworthy as 81% of Dogecoin mentions on social media posts were neutral about DOGE. Big Eyes Big Eyes Coin is an emerging meme coin project boasting a unique cat-themed approach to the market. Running on the Ethereum blockchain, it has demonstrated its exciting ability to the crypto market through the essence of a meme coin. Big Eyes Coin (BIG) strives to revolutionize the meme coin landscape by integrating DeFi into its platform. Although it follows in the footsteps of meme coins like Shiba Inu (SHIB), it promises a lineup of innovative features. The Big Eyes Coin was down 7% in the past seven days, placing it way below its all-time high by 98%. Avorak AI Avorak AI integrates blockchain security with the intelligence of AI to develop AI crypto tools that revolutionize the DeFi space. It strives to simplify complex processes of voluminous market data analysis and image generation through its easy-to-use packaged solutions. Avorak AI is deploying trade bots, image, and text generators, and various solutions to give users an accurate, secure, and scalable platform that works 24/7 without fatigue and breaks. The AI tools eliminate human error and emotional biases in market analysis and profitable trades. The Avorak Trade bot is a valuable price monitoring and market analysis toolset to relieve traders of trading obstacles. Avorak is in phase three of its running ICO with one AVRK priced at $0.145, having risen in value by 100+ %. YouTube crypto enthusiasts like Crypto Bape and Crypto Labs are awed by Avorak AI’s performance as they give a layout of what lies ahead by analyzing Avorak’s whitepaper. Potential AVRK  investors are rushing for a piece of the 8% bonuses before phase three closes on April 6. Avorak AI is storming the content creation and image generation arena through its Avorak Write tool, which uses natural language processing and machine learning algorithms to produce high-quality plagiarism-free texts and images. Its user-defined and tailored parameters allow users to specify their preferred style and tone of what they want to generate. Meme Coins Vs. Avorak AI Meme coins ride on community endorsement and hype boosted by popular figures. Dogecoin and Big Eyes dominate the meme coin market, but with the rise of the Avorak AI ICO, these coins are becoming increasingly irrelevant for investors. The Avorak AI ICO has seen an impressive increase of over 100%, depicting that AI crypto is outpacing the growth of these meme coins.  Unlike meme coins, Avorak AI deploys artificial intelligence to deliver real-world solutions. Conclusion The meme coin craze may have taken the market by storm, but it’s prudent to remain vigilant and look for opportunities in other areas of the crypto space. Emerging utility projects like Avorak AI provides investors with real use cases rather than investing in hype-driven but volatile projects. Find additional Avorak AI here: Website: https://avorak.ai Whitepaper: https://avorak-labs-and-technology.gitbook.io/avorak-a.i-technical-whitepaper/ *This article was paid for. Cryptonomist did not write the article or test the platform.
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SPONSORED POST* As we emerge from last year’s extended bear market, crypto owners are starting to consider fresh investment approaches. In the current climate, the most popular strategy by far is arbitrage, due to its effortlessness, its exceptionally low risk and potentially huge returns. The ABC of Crypto Arbitrage So, what’s the general idea? Crypto arbitrage is an investment strategy that profits from brief windows in which a digital currency is available across exchanges at different prices simultaneously. What causes these price differences? Temporary price differences can have a variety of causes, such as disparities in trading volume and liquidity between bigger exchanges and smaller ones. How do crypto owners make money from arbitrage? In essence, arbitrage involves buying a product for the cheapest available price in one marketplace and then selling it for a higher price elsewhere. This can be done manually, but in the case of crypto arbitrage your best bet is a bot. An algorithm integrated with multiple exchanges, will simultaneously track hundreds of cryptocurrencies, 24/7, looking for price differences. When it finds a disparity, it will buy the coin on the exchanges where the price is lowest and then, within a split-second,  sell it on the exchange where the price is highest to make a profit. These bots are able to work top speed executing a huge volume of arbitrage trades at once, on your behalf, to optimize your revenue potential. Arbitrage vs. Other Strategies When compared with other types of trading strategies crypto arbitrage is considered exceptionally low risk, primarily because you are not opening positions on exchanges, as you would if, for example,  you were swing trading. Whichever direction prices are moving, you can still make money from price disparities. Also, in contrast to simply HODLing, with arbitrage, in a downturn, you needn’t wait for the market to recover but can earn a profit from day one, potentially reaching well over 100% a year.   The upside of arbitrage Risk is minimal since a sudden market shift can’t wipe out your profits, making arbitrage a great hedge against falling prices. Profits are reliable and consistent, occurring just as frequently in a bear or bull market. Automated arbitrage requires no financial knowledge or effort, since you needn’t spend time analyzing the market, then formulating, or implementing strategies. Profitability and Security High profits and airtight security are by far the most important factors when picking a service provider and in both these areas, one crypto arbitrage platform stands out from the crowd. ArbiSmart , launched in 2019, is a leading financial services hub, operating with full EU authorization that has a stellar reputation as a trusted, transparent custodian of crypto capital. ArbiSmart supports 30 different FIAT and cryptocurrencies, from Euro and USD to Bitcoin and Dogecoin, and has a vast selection of arbitrage investment plans, where funds are locked and used to trade crypto arbitrage on your behalf. The plan contracts can be for brief periods of just one month or 3 months, or for longer periods of 18 months, 2, 3, or 5 years, with a higher profit percentage, the longer the time frame for the plan. ArbiSmart generates the highest profits of any legitimate competitor in the arbitrage space, of up to 147% a year, regardless of market conditions. The precise amount you earn will depend on your account level, which is based on how much RBIS, the native token you hold. So, more RBIS means a higher arbitrage profit on investment plan balances USD, XRP, ETH or any other supported currency. You can choose to open a balance in RBIS for an even higher APY. For those who want low risk, low effort investing for a sky-high, reliable return in 2023, arbitrage is the ultimate investing strategy. Want to start earning, beginning today? Open an arbitrage investment plan now! *This article has been paid for. The Cryptonomist did not write the article or test the platform.  
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SPONSORED POST* For most of the ongoing bear market, the recurring theme has been crypto investors, traders and other crypto regulars finding it difficult to perform daily crypto activities and operations. However, thanks to the recent crypto pump within the industry, there is now a degree of ease as regards performing crypto operations. Not just that, the crypto pump has led to a rise in crypto prices as many of the industry’s prominent cryptos are now experiencing an upward trajectory within the crypto market and look set to return to previous heights from before the start of the bear market. Even though the bear market crisis is yet to be completely averted, the signs are encouraging, and this recent turn of events could signal the beginning of the end of the toughest period in crypto history. For crypto investors, traders and other crypto regulars, the recent crypto pump provides a unique opportunity to generate massive returns early into the new year. Through smart investments in highly promising cryptocurrencies, crypto investors can ensure they are in pole position to gain the most of the recent spell of bullish activity within the crypto market. This piece highlights three cryptocurrencies that could be fantastic crypto investments in the current climate and beyond. Here’s all you need to know about Polkadot (DOT), Cosmos (ATOM) and Dogetti (DETI). Polkadot (DOT) Users Happy After Rebound Polkadot (DOT) is one of the cryptocurrencies that has benefitted massively from the recent crypto pump, causing excitement within the cryptocurrency industry among certain factions. An open-source multichain protocol, the crypto platform is notable for its role in connecting and securing a network of specialized blockchains, thereby solving the interoperability problem. It also facilitates the cross-chain transfer of any data or asset types, and is an ideal environment that supports a decentralized web controlled by its users that simplifies the creation of new applications, institutions and services. Polkadot (DOT) is recognized as one of the few blockchain networks with the capacity to rival Ethereum (ETH), the world’s dominant smart contract platform. Its native cryptocurrency, DOT, is one of the popular altcoins currently experiencing an upward trajectory within the cryptocurrency industry, The token plays an integral role in the Polkadot ecosystem by providing value and facilitating crypto operations, such as staking for security and operations, network governance and user interaction. The DOT token is available on Binance, Huobi Global, Coinbase, Kucoin and other prominent crypto platforms. Crypto Giant Cosmos (ATOM) Back On Track Alongside Polkadot (DOT), Cosmos (ATOM) is another industry giant that has massively benefitted from the recent crypto pump within the crypto market. Cosmos (ATOM) is a blockchain-based platform that provides feasible solutions to some of the hardest problems within the cryptocurrency industry, particularly the slow, expensive, unscalable and environmentally harmful proof-of-work (PoW) protocols that crypto platforms such as Bitcoin (BTC) make use of. It achieves this by offering an ecosystem of connected blockchains, which makes blockchain technology less complex and difficult for developers. Its native cryptocurrency, ATOM, is a highly attractive cryptocurrency that could boost any crypto portfolio in the current climate. ATOM facilitates several crypto operations, such as network governance, user interaction and network governance. The token is listed on Binance, Coinbase, OKEx and other prominent crypto platforms within the industry. Dogetti (DETI), The Gangster Meme Coin Dogetti (DETI) is an upcoming dog-based meme coin within the cryptocurrency industry that is gradually becoming a source of excitement and anticipation among crypto regulars. It runs on the Ethereum (ETH) blockchain network and plays a huge role in a next-generation project that crypto analysts believe could have the same kind of impact that Dogecoin (DOGE) and Shiba Inu (SHIB) have had within the meme coin space. Dogetti (DETI) is fast approaching its presale and could be a valuable portfolio addition in the current climate and beyond. For more information on the token and its native project, click any of the links below.   Presale: https://dogetti.io/how-to-buy Website: https://dogetti.io/ Telegram: https://t.me/ Dogetti Twitter: https://twitter.com/_Dogetti_ *This article was paid for. Cryptonomist did not write the article or test the platform.
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Elon Musk News: It was in May 2021 that Tesla CEO Elon Musk said the automaker was suspending vehicle purchases using Bitcoin. He cited rapid rise in use of fossil fuels for Bitcoin mining. However, Musk had at the time said Tesla will not be selling any Bitcoin and even said the idea of cryptocurrencies is good on many levels. Meanwhile, XRP lawyer John Deaton believes the energy consumption argument is losing strength in the current scenario. Also Read: U.S. CFTC Sues Binance And CEO CZ For Violating Regulations; BNB Price Set To Crash? The Tesla CEO said the company was looking at other cryptocurrencies that use less than 1% of energy consumed per each Bitcoin transaction. Since then, Musk had on several occasions supported meme token Dogecoin ($DOGE). XRP Lawyer Emphasizes On Macro Environment Deaton said in his latest comment that people will be focused more on the state of the economy rather than Bitcoin mining’s energy consumption. He made the comment in the backdrop of the US macro environment stressed with the volatility surrounding the ongoing regional banking crisis. The crisis came at a time when the US Federal Reserve continues its interest rate raising spree in its efforts to tighten to be able to bring inflation down to the 2% target. “The energy consumption argument is losing its legs. People are going to become much more worried about jobs and the economy and a lot less worried about how much energy Bitcoin consumes.” Meanwhile, the Bitcoin price is sliding amid news of some recovery in the US bank stocks as well as the CFTC’s latest action on crypto exchange Binance. Also Read: Polygon Unveils Its Layer-2 zkEVM Network; Is MATIC Price Poised To Rally? The post XRP Lawyer Dismisses Elon Musk View On Bitcoin; Here’s Why appeared first on CoinGape.
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