Key Takeaways
• Bitcoin has been trading around the $30k region in the last two weeks and could rally higher in the near term.
• AltSignals has entered stage two of its presale after raising more than $1 million in the first stage.
The cryptocurrency market has seen an improved sentiment recently, with filings of spot Bitcoin ETFs by BlackRock, Fidelity, and Valkyrie driving optimism. As a result, Bitcoin has rallied past the $31k level before retracing to the $30k region, which it has maintained for the last two weeks.
At press time, the price of Bitcoin stands at $30,117 per coin and some crypto experts are predicting a rally in the coming months. Matrixport, a crypto services provider, believes Bitcoin could reach as high as $125,000 by the end of 2024.
AltSignals, a unique cryptocurrency project, recently concluded the first stage of its presale, where it raised more than $1 million. The token price was $0.015 USDT and the team has now raised it to $0.1875 in the second stage. With a target of over $2 million, AltSignals has already raised more than $1 million so far.
What is AltSignals?
AltSignals is a project aimed at making it easier for people to trade Bitcoin and other cryptocurrencies. It will use AI to produce trading signals for crypto, forex, stock, commodities, and indices traders. The funds raised from the presale will be used to develop ActualizeAI, an automated solution that works 24/7, enabling traders to identify patterns in the market.
Holders of ASI tokens will have access to the services provided by AltSignals. The team is also utilizing natural language processing, machine learning, regression, and predictive modeling to enhance its products. ASI tokens will be listed on exchanges such as Uniswap once the presale stages are over.
AltSignals (ASI) Price Prediction
Since ASI is yet to list on any exchanges, it is difficult to predict its price movement in the short term. However, since the second presale stage began, the token price has increased from $0.015 to $0.1875.
Once listed on cryptocurrency exchanges, ASI could rally higher in the near to medium terms. It is possible that ASI could reach the $0.1 level over the next few months.
Should I Buy AltSignals in its Presale?
Investing in a project during its presale can be beneficial as early investors in projects such as Ethereum, Solana, and Dogecoin have recorded thousands of percentages in ROI.
AltSignals could be a big winner in the coming months and years due to its unique solutions entering a multi-billion market. If the fundamentals of the broader market improve in the near term, ASI could benefit once it starts trading on exchanges.
