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As crypto markets emerge from the prolonged “crypto winter” that dogged 2022, it’s here in the early weeks of 2023 that platforms offering next-gen functionality are quickly coming to the fore. Investors are considering carefully, keeping an eye on the long-term profitability of their holdings.
This has led to analysts revising their forecasts for several coins, such as the Polkadot price prediction for 2023, upwards. Another coin to enter the race to become one of the most valuable next-gen coins is ASI, the native token of the established trading signals group, AltSignals.
What is Polkadot?
Polkadot is a platform that has led the implementation of crypto chain interoperability using parachains. These cross-chain devices allow different crypto chains to communicate with each other and work in parallel to deliver previously impossible functionality without losing network performance or compromising security.
Polkadot’s powerful features include a high average capacity, which delivers 1000 transactions per second (TPS) while claiming peak performance of up to 1600 TPS. This capability, combined with providing cross-crypto chain functionality, has seen Polkadot thrive since launching in mid-2020, firmly establishing itself in the altcoin top 20.
Polkadot (DOT) Price Prediction 2023
The price of DOT is currently trading at $5.98, significantly below its all-time high of $55. The price is coming under pressure by new feature releases from several layer-1 crypto chain platforms, such as Ethereum, Cardano, and Solana, all designed to close the gap to Polkadot with its unrivaled interoperability functionality.
As a result, Polkadot price predictions remain modest for 2023, with experts forecasting gains between now and the end of December as DOT reaches around $7.66. This would represent gains of around 57%.
AltSignals’ new AI capability is taking trading signals into a new realm
Since launching in 2017, AltSignals has developed into one of the most successful and high-quality online trading platforms. They provide data to a vast community of more than 50,000 members, supporting their trading journeys and helping them to maximize profitability. Their outstanding AltAlgo™ trading tool has been a leading part of this success and has enabled AltSignals to build a formidable reputation as a trusted provider of trading signals.
AltSignals is now seeking to turbocharge its efforts with the aid of artificial intelligence (AI) engineering and the release of its native ASI token. The ActualizeAI tool will transform the platform’s existing trading capability by integrating the latest AI technologies. Its machine-learning approach uses regressive pattern recognition to understand how markets operate, allowing rules-based logic to be applied when generating trading signals.
With the aid of natural language processing (NLP) to accelerate learning cycles, implementation of sentiment analysis to help the algorithm understand and analyze different types of trades, and use of predictive modeling that applies historical market trends to data, the result will see ActualizeAI’s signals take the platform’s output to a new level.
How does ASI work?
The ASI token provides holders with tiered access to ActualizeAI’s toolkit and outputs, opening the door for crypto chain traders to begin maximizing profitability and gaining access to a raft of additional benefits.
ASI coin holders will also be able to join the AI Members Club, which provides coin holders with access to several exclusive offers and opportunities. These include the option to enter online trading tournaments and prize draws. Also, to gain early access to the finest trading alpha, the most lucrative private and public presale opportunities, and the best trading signals in the crypto industry.
Membership in the club also provides users access to new features during the beta testing phase. They are incentivized to provide essential feedback via the pioneering Innovate2Earn scheme, which includes crypto rewards for each piece of feedback. In return, club members gain exclusive access to these new features for a limited period once they go live.
In addition, the ASI coin powers the entire AltSignals platform by providing the medium of exchange for transactions, such as access to educational content and coaching material, while also fuelling the maintenance and continuing investment in the platform.
Finally, alongside the outstanding utility levels built into ASI, particularly with ActualizeAI, ASI is a governance token that gives holders full voting rights on governance decisions governing the platform’s future.
ASI vs. DOT: Can ASI overtake DOT in 2023?
The ASI token presale is already proving an excellent opportunity for crypto chain investors to take advantage of a next-gen token at a giveaway price. Investors have been flocking to grab ASI since the presale launched its beta phase at $0.012 per token at the beginning of March 2023.
The price of ASI will rise throughout the presale’s five stages to an eventual $0.02274 before it lists on exchanges. At that point, experts expect the price to increase as the broader public surge to get involved with the AI and crypto chain revolution.
Although ASI will not overtake DOT’s token value in 2023, with Polkadot price predictions for this year forecasting modest growth, there’s an excellent chance that ASI could provide early investors with greater returns between now and the end of the year.
You can participate in the ASI presale here.
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