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Two new cryptos are making waves in August, with Worldcoin, the ambitious digital ID project headed by Open AI boss Sam Altman, and AltSignals, a leading provider of trading signals, both entering the crypto market.
One project aims to solve problems associated with the growth of AI, such as identifying humans over bots, while the other harnesses AI’s power to turbocharge their product. Analysts are now wondering which crypto offers the best investment opportunity this year.
Worldcoin: Going eyeball to eyeball with AI
There’s no question that artificial intelligence (AI) is here to stay. While most technology is a force for good, enabling people to achieve greater productivity through automation, fears persist regarding how individuals can protect their identity from AI duplication.
Worldcoin has devised a solution to this conundrum by implementing an in-person eyeball-scanning protocol to distinguish between humans and automated bots. Once a person’s eyeball has been scanned, they receive a unique digital ID, granting access to Worldcoin’s DeFi solution, enabling them to send money, transfer funds, and make purchases.
With over 2 million users gained during the platform’s beta period, Worldcoin is expanding its scanning operations to 35 cities across 20 countries. Participants in the beta phase have been allocated WLD tokens, which are now tradeable on an increasing number of crypto exchanges, including Binance.
AltSignals: Embracing AI to provide next-level trading signals
AltSignals launched its platform in 2017 and has emerged as one of the most trusted providers of online trading signals across diverse markets. With a community of more than 50,000 relying on AltSignals to make profitable decisions across crypto, Binance Futures, Forex, and CFD markets, the company is now leveraging AI to propel the platform forward.
AltAlgo™ has fueled AltSignals’ success for many years by providing users with an average win rate of 64%. To push this success rate beyond 80%, AltSignals has launched its ASI token presale to support the creation of ActualizeAI, a brand-new AI-enabled trading stack.
By harnessing the power of cutting-edge AI technologies, such as machine learning, natural language processing, sentiment analysis, and predictive modeling, ActualizeAI will help its community achieve greater profitability more consistently.
How does ASI work?
The AltSignals ecosystem is powered by the ASI token, supporting the development of ActualizeAI and granting access to an array of features. The chief benefit for users purchasing more than 50,000 tokens is automatic lifetime access to ActualizeAI, providing them an immediate edge on the virtual trading floor.
While that’s an attractive spot for potential investors to get involved with AltSignals, ASI token holders can access even more exciting offers and features. Alongside extensive utility, users gain voting rights on governance issues and the ability to take advantage of the platform’s token staking program to earn a passive yield.
Additionally, all ASI holders can join the exclusive AI Members Club to enjoy yet more features and benefits, including gaining advance notice on some of the most lucrative new presale events, participating in online trading tournaments, and earning rewards while beta testing new functionality.
ASI price prediction
The overall crypto market outlook continues to improve. ASI stands out as one of the best crypto investments during August thanks to its outstanding and unique value proposition. AltSignals is moving in the right direction by combining AI with blockchain technology to establish a landmark crypto project for others to follow.
The ASI presale has already raised $1.2m. With the ICO expected to sell out quickly, analysts predict future price movement once ASI hits major crypto exchanges. Many believe that AltSignals has a head start thanks to its existing highly trusted platform and a huge captive audience. Predictions are that ASI could reach $0.30 by the end of this year before surging ahead of the next bull run, potentially surpassing $0.50.
WLD price prediction
After launching on crypto exchanges at $1.812946 on July 24, 2023, WLD experienced fluctuating performance on its opening day, reaching as high as $3.22 and plummeting to $1.769029. Analysts can make more accurate predictions for its future price movement as the coin settles into a pattern.
With doubts remaining about the widespread adoption of Worldcoin’s eyeball recognition technology, WLD is facing some resistance compared to ASI. Predictions suggest that WLD will likely increase from its current trading price of $2.27 to break $3, but not by a significant margin by the end of the year. In the battle of the best crypto to invest in during August, WLD is trailing well behind ASI.
Is ASI the best crypto to invest in during August?
With two pioneering new crypto projects in the ranks, each vying to become the next big thing, ASI is clearly in pole position. In contrast to Worldcoin’s brand-new eyeball-recognition technology, AltSignals has the assurance and backing of a superbly performing existing platform, supporting its venture into AI, and a huge community to support it.
ASI tokens are currently available at $0.01875 in stage 2 of its ICO. Now is the opportune time for investors to get involved with this potentially ground-breaking new project. ASI provides a compelling answer for anyone seeking one of the best cryptos to invest in during August.
You can participate in the ASI presale here.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.