Ethereum (ETH) could pass Bitcoin (BTC) for real this time. Avorak (AVRK) could also pass Avalanche (AVAX)

Ethereum (ETH) has been making waves as it gains ground relative to Bitcoin (BTC), while Avorak (AVRK) is also showing promise in its potential to surpass Avalanche (AVAX). These developments have captured the attention of investors and cryptocurrency enthusiasts alike, signaling a possible reshuffling of the established order.

Ethereum (ETH) and Bitcoin (BTC) price

The correlation between Ethereum (ETH) and Bitcoin (BTC) prices has declined over time, reaching around 0.82 in mid-April. This shift implies that ETH is gaining more value relative to BTC. Several factors contribute to this changing dynamic, including Ethereum’s move to Proof-of-Stake and other upgrades and developments that have enhanced its scalability and functionality. Moreover, Ethereum has a diverse ecosystem encompassing decentralized finance (DeFi), non-fungible tokens (NFTs), blockchain gaming, and more. On the other hand, Bitcoin (BTC) still uses the energy-intensive Proof-of-Work (PoW) and primarily serves as a means of payment. Analysts suggest that Ethereum (ETH) is gaining more investors, and its stronger and more diversified ecosystem could enable it to surpass Bitcoin (BTC).

Avorak (AVRK) and Avalanche (AVAX) price

Avalanche (AVAX) has been on a decline for the past 90 days. However, Avorak (AVRK) has had a 325% increase from its initial price. And while some might argue that Avorak is still in its initial coin offering (ICO) phases, crypto watchers suggest that its technological prowess and numerous competitive advantages set it above many blockchain-based projects.

Firstly, Avorak is a form of AI crypto, an industry experiencing exceptional growth. Additionally, Avorak AI is first-to-the-market, offering solutions that can’t be found anywhere else in the blockchain. The platform’s wide range of AI-driven solutions includes chatbots, image creators, text generators, virtual assistants, image and video editors, and much more. The uniqueness of Avorak’s solutions can be illustrated by Avorak Trade, the platform’s trading bot. Avorak Trade can automate trades across multiple exchanges and asset classes. The bot also uses AI algorithms to analyze market data, generate significant sets of indicators, and provide price predictions. Moreover, Avorak Trade uses a command-line input system programmed with a simple non-code script.

Moreover, Avorak AI is continually expanding its ecosystem while in ICO. The project recently moved to NFTs by launching a one-of-a-kind collection created through the combination of blockchain technology, Artificial Intelligence, and unique digital art. Notably, owners of these NFTs get several benefits, including free access to Avorak Trade for life.

There is a maximum supply of 40 million AVRK tokens, and Avorak AI already has an effective burn program in place. Since AVRK credits are required to access Avorak’s solutions, the AVRK token is expected to appreciate in value relative to demand.

While the AVAX price is significantly higher than AVRK’s launch price of $1, many analysts and experienced investors have predicted a 100x not so long after its launch in July. This is not impossible, as some cryptocurrencies have surged way more with less utility.

The bottom line

While these estimates are only speculations, both Ethereum (ETH) and Avorak (AVRK) have the potential to surge significantly. However, the crypto market is unpredictable, and investors should still do their own research before making any investment decisions.

For more information on Avorak AI and its ICO:

Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register

 

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