There has been increased excitement in the crypto community as the highly anticipated launch of Shibarium draws near. AI predictions from Avorak suggest the outlook for SHIB is promising, with a massive rally on the horizon.
What is Shibarium?
Shibarium is an innovative Layer-2 (L2) solution on Ethereum that seeks to revolutionize the Shiba Inu ecosystem. Ethereum’s limited scalability and expensive gas fees have hindered various projects within the Shiba Inu ecosystem, such as the Shiboshi NFT Project, the Shib Metaverse, DEX features, and Shiba Inu games, from realizing their full potential. Shibarium aims to tackle these challenges by transferring a portion of the transaction data to a dedicated layer-2 infrastructure while maintaining a direct connection to the Ethereum network. The test net for the L2, known as Puppynet, has garnered significant attention with constantly increasing transactions. While the Shibarium developers haven’t yet released an actual launch date for the project, Shiba Inu content marketing specialist LucieSHIB speculates that the mainnet launch of Shibarium could take place in the second half of 2023. Shibarium holds great promise for revolutionizing the Shiba Inu ecosystem, offering improved scalability, faster transactions, and reduced costs.
SHIB price prediction
The imminent launch of Shibarium has sparked considerable excitement within the cryptocurrency community, particularly among Shiba Inu (SHIB) enthusiasts. Shibarium is set to evolve Shiba Inu from a meme coin into a comprehensive blockchain ecosystem, and it carries the potential for significant price growth. One notable aspect of Shibarium is its transaction mechanism, which involves burning SHIB tokens. This deflationary pressure on the Shiba Inu coin (SHIB) could create a scarcity effect, driving up its value. While the future remains uncertain, the introduction of Shibarium undoubtedly adds an exciting dimension to the Shiba Inu ecosystem and creates a favorable environment for the potential appreciation of SHIB’s value.
What is Avorak AI?
Avorak AI is a new AI crypto platform that aims to streamline many processes, including trading and content creation.
For trading, Avorak is developing an AI trading bot that works like a traditional trader. However, AI algorithms enable the bot to analyze large data and identify patterns and trends faster than humans. This makes the bot suitable for predicting future prices of assets. Avorak Trade provides many indicators alongside its price prediction indicators and alerts users when trends and patterns change in the market, enabling them to make well-informed decisions.
Many trading bots can automate trades on one particular exchange or asset class. They can also be difficult to use because of their code-based command entries. However, the Avorak Trade bot is unique, using a simple non-code command-line input and having the capability to work on multiple exchanges and asset classes. This makes Avorak Trade easy to use and suitable for traders of all levels.
Avorak AI requires its native token, AVRK, as credit for accessing its AI services. AVRK can be traded or staked, and it guarantees its holders a portion of Avorak’s profits. AVRK is currently selling at $0.255 in phase 7 of Avorak’s initial coin offering, where investors get several advantages over market buyers. The Crypto Club suggests that Avorak AI is a standout project with strong potential for growth.
For more information on Avorak AI:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
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