The presale for yPredict (YPRED), a new AI-powered cryptocurrency, has been a roaring success so far, raising $5.5 million with just $1 million left to reach its hard cap goal.
Given its impressive early fundraising and the capabilities of its underlying technology, yPredict could potentially be one of the hottest new altcoins when it launches next year.
yPredict Seeks to Become a One-Stop Shop for AI-Powered Crypto Trading
Put simply, yPredict is an innovative new platform harnessing the power of AI and machine learning to provide traders with advanced predictive analytics and trading tools.
Built on Polygon and led by a team of trading and machine learning experts, yPredict aims to be a one-stop shop for crypto traders worldwide.
At its core is a prediction marketplace where data scientists can monetize custom predictive models, giving everyday investors access to data-driven insights to inform their strategies.
As noted in yPredict’s whitepaper, the platform also offers AI-powered trading signals, pattern recognition, sentiment analysis, and more.
There’s even a free section of the platform dedicated to coin price forecasts generated by advanced algorithms.
Fueling all of these features is the YPRED token, which is used to access products and reward data scientists who provide their predictive models.
yPredict has also gained investor attention due to factors such as its Coinsult audit, mentions in top-tier publications like Yahoo Finance, and the rapid growth of its official Twitter account.
With staking rewards up to 45% quarterly for YPRED holders, yPredict even offers a way for crypto enthusiasts to generate a passive income stream.
yPredict Presale Rallies Towards $6.5m Hard Cap Goal as Demand Rises
Thanks to solid presale momentum, yPredict is racing towards its $6.5 million hard cap with over $5.5 million raised already.
The multi-stage presale has seen the YPRED price increase regularly – with the token now on offer for $0.11 in the final round.
This presale hype has been driven by discounted early access plus a full unlocking of innovative tools like the backlink estimator for buyers.
With 80% of the token supply allocated to presale participants, the community-focused distribution model has been praised for its fairness and avoidance of large insider allocations.
After the presale, yPredict’s team plans to list YPRED on exchanges at $0.12 per token.
Capitalizing on the ongoing interest, yPredict also recently launched a beta platform with over 20,000 people on the waitlist.
As the presale enters its final stretch, the team is putting the finishing touches on the platform ahead of its full launch.
Given the strong demand demonstrated by the beta and the expected hype from exchange listings, many believe that the remaining presale allocation may sell out quickly due to yPredict’s enormous traction.
YPRED Poised to Ride Wave of Momentum Generated By AI Coins
Mirroring the growth in the broader AI sector, AI crypto coins are an emerging trend capitalizing on the potential to enhance security, efficiency, and functionality in the blockchain space.
With the AI crypto market expected to surge from a valuation of $4.2 billion in 2022 to over $31 billion by 2027, projects like yPredict look ready to benefit.
As a platform that is dedicated to connecting traders with AI-powered signals and models, yPredict holds a unique position in this expanding niche.
The substantial presale funding and sizable presale allocation further set up the YPRED token for price appreciation in the post-listing stages.
With many leading AI cryptos like SingularityNET (AGIX) and Fetch.ai (FET) recording exponential growth in 2023, yPredict is in a prime spot to capitalize on this market-wide momentum.
As retail and institutional investors become more interested in AI cryptocurrencies, the upcoming exchange listing for YPRED could see the token experience a wave of demand.
Overall, as the crypto market moves towards AI integration, many early backers believe that now is the optimal time to acquire a stake in yPredict’s future.