AltSignals Riding High on Binance Voyager Purchase Despite SEC News
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Recent SEC news has come to light as US regulators’ attempted crypto crackdown has been halted by New York courts. Binance’s acquisition of Voyager may go ahead, which spells good news for the rest of the crypto market.
AltSignals (ASI) has been making great strides during this time after recently announcing that it will launch its new token during a crypto presale event. What could the recent SEC news mean for the future of ASI?
Binance has been given the green light from US regulators regarding the company’s proposed acquisition of assets from the bankrupt crypto custodian, Voyager. The proposal had previously been blocked, as reported by SEC news in the past.
The Securities and Exchange Commission (SEC) stated concerns over Binance’s reported takeover of Voyager. The SEC news said Binance’s regulatory compliance is under question and that acquiring Voyager, a company valued at $1.5 billion, may have negative implications for US financial markets.
The recent SEC news – that a New York Judge has ruled in favor of the Binance takeover – has caused a surge in the cryptocurrency markets. AltSignals, an AI-based crypto trading platform, has kickstarted its token presale and has attracted $585k worth of investment in a short space of time.
AltSignals helps its community of traders to navigate volatility in the crypto markets by sharing accurate trading signals. The project continues to gain traction in light of the recent SEC news regarding Binance and Voyager and looks set to continue its blockchain development after 5 proven years of success.
AltSignals has been sharing profitable trading signals with over 50,000 individual traders since it launched in 2017. The platform’s proprietary trading tool, AltAlgo™, has consistently shared signals with an accuracy rate of over 70% and has helped traders who matched its Binance Futures calls to 10x their portfolio in 19 separate months.
The project is now expanding its blockchain offering and is releasing its native token, ASI, during a long-awaited crypto presale event. The ASI token will supercharge the trading services available on the platform, which will be expanded to include a newly-developed trading stack called ActualizeAI.
ActualizeAI is powered by artificial intelligence. It combines algorithmic trading indicators with natural language processing (NLP) and machine learning capabilities to deliver trading signals with an unmatched accuracy rate. It is expected to revolutionize the way that people trade online, helping traders of all skill levels to maximize investment returns in the crypto markets.
The plan is that The ASI token will be used to gain access to ActualizeAI. The token can also be used for staking on the AltSignals platform and to vote in governance proposals for new project developments.
ASI will also provide access to the AI Members Club, where users can take advantage of a range of additional services offered by AltSignals. Through AI Members Club, investors can access exclusive presale and private sale opportunities for budding crypto projects – which can often be highly profitable investments.
AI Members Club will also host trading tournaments with major crypto prize pools up for grabs. Traders can test out their skills against other traders online, competing to make the highest percentage returns over a specified timeframe.
ASI token holders will also be able to test out new trading tools before they are released by AltSignals, which can help give traders an edge while navigating the crypto markets. Traders will earn ASI tokens in return for testing these tools and providing feedback to the developers.
The ASI token presale is currently available for $0.015 during stage 1 of the presale. The price will rise to $0.02274 by the end of the event, giving investors a limited time only to buy ASI at the current price level.
The token has extensive utility within the AltSignals ecosystem, which has a unique offering within the world of Web3. Experts are forecasting significant returns for investors who participate in the AltSignals presale. By the end of 2023, the ASI token could be worth more than $0.40 – almost 20x higher than the end of the crypto presale.
Artificial intelligence trading tools could revolutionize the trading process, providing an improved level of accuracy while analyzing vast amounts of market data. ActualizeAI will be built to handle large datasets in milliseconds, which boosts the quality of market analysis to superhuman levels.
AI-based crypto protocols are becoming increasingly popular in Web3. Recent surges from Fetch.ai (FET) and The Graph (GRT) result from two rapidly-evolving technologies being combined, both blockchain and AI.
AltSignals could be the latest AI-based crypto project to take off. The project’s early momentum during the crypto presale seems to be a mark of intent, as the platform’s existing community and proven track record for success have served the new developments well.
In light of recent SEC news regarding Binance and Voyager, AltSignals seems like a substantial investment opportunity. It looks as though US regulators are warming to the crypto markets, despite taking a strong stance against non-compliant projects.
The AltSignals crypto presale looks likely to make a significant investment return over time, which makes it a worthy addition to any investment portfolio. Investors can purchase ASI at the current price of $0.015 before it eventually rises to $0.02274 ahead of the IDO.
You can participate in the ASI crypto presale here.