Solana adds ChatGPT plugin, AltSignals presale brings in $913,000
ChatGPT has gained significant prominence due to its rapid rise, and leading companies worldwide have capitalized on its capabilities. The progress of Artificial Intelligence (AI) extends across various major industries, showcasing its broad applicability. The decision by Solana to integrate ChatGPT into its ecosystem highlights the wide range of utilities provided by this application.
As the field of AI continues to experience significant growth, AltSignals is positioning itself as a potential player in the blockchain-based AI sector. While AltSignals differs from ChatGPT in terms of its specific use case, it offers a value proposition likely to appeal to a wide range of Web3 users.
Solana integrates ChatGPT as AI continues to take over web3. Could this drive ASI higher?
ChatGPT has shocked the world with its highly advanced AI protocol that can deliver in-depth analysis on various topics. Industry-leading companies from many industries have partnered with ChatGPT and its parent company, OpenAI, to offer AI-powered plug-ins on custom applications.
Whether it’s Microsoft adding an AI helper to the Bing search engine, or Google creating a ChatGPT alternative to support its users, AI has certainly been making waves. In web3, Solana has integrated ChatGPT with a search engine that allows users to discover the full suite of dapps the blockchain offers.
As the prominence of AI continues to expand in various global industries, AltSignals, an AI-powered protocol in the web3 ecosystem, appears poised to benefit from this trend. The project is introducing a comprehensive set of trading tools called ActualizeAI, which is anticipated to impact how traders navigate market volatility in the years ahead.
AltSignals is preparing to launch its native token, ASI, in conjunction with the release of ActualizeAI. The presale for the ASI token has reached the end of Stage 1, with a total of $913k raised thus far. With JP Morgan highlighting the utility of AI-powered trading tools, AltSignals’s prospects look bullish.
What is AltSignals?
AltSignals has supported over 50,000 users with profitable trading signals since it first went live in 2017. The platform’s original trading tool, AltAlgo™, has an average accuracy rate of 64%. It helped traders who matched its calls to 10x their portfolio in 19 months.
The project is now releasing an improved trading toolkit called ActualizeAI, which leverages machine-learning capabilities to optimize the accuracy rate further.
ActualizeAI will use natural language processing (NLP) and predictive modeling to deliver a groundbreaking solution for crypto traders seeking to profit over the long term.
AltSignals is gaining attention as an AI solution within the crypto sphere, showcasing promising developments. ActualizeAI, with its inherent utility, has the potential to appeal to a wide range of web3 traders.
How does ASI work?
The ASI token is used to gain access to ActualizeAI. Token holders can also stake their ASI to earn a passive income. Moreover, they can vote on governance proposals to contribute to the project’s progress.
To coincide with the launch of ActualizeAI, AltSignals plans to introduce an online trading community known as AI Members Club. The club aims to offer investment prospects for early-stage crypto projects, conduct online trading tournaments with significant crypto rewards, and enable members to test advanced trading tools before their official release.
Web3 users interested in joining the AI Members Club will receive escalating benefits based on the number of ASI tokens they hold. To gain complete access to the club, including unrestricted use of ActualizeAI, investors must acquire at least 50,000 ASI tokens.
ASI price prediction
Price analysts expect ASI to perform well over the coming years. Not only does the token have innate utility within an exciting AI-powered ecosystem, but it also has deflationary tokenomics. This growing demand and fixed supply combination could boost the token’s valuation.
Experts are highlighting $1 as an area of resistance ahead of the next bull market. If ASI can successfully breach this level, it may target highs between $2 and $5 by the end of the cycle.
What is Solana?
Solana is a layer-1 blockchain that brings high-speed and low-cost transactions to decentralized applications (dapps). Its native cryptocurrency, SOL, is used for staking, transaction fees, and governance within the network.
Solana features a unique consensus mechanism known as proof-of-history, which allows for secure and efficient transaction validation with confirmation times under one second.
Solana price prediction
After the FTX scandal in 2022, solana prices crashed. It peaked at over $200 and is now trading below $20. Subsequently, analysts predict it might be hard for SOL to reclaim 2021’s peaks in the months ahead.
While the Solana development team is highly talented, and the recent ChatGPT plug-in may further improve the blockchain’s user experience, newer competitors in web3 are equally scalable. Solana now needs to compete with Aptos (APT), Optimism (OP), and Arbitrum (ARB), both for users and investors.
The 2025 price prediction for Solana is just $65.
Solana vs. AltSignals: Which is the better?
In 2023, Solana and AltSignals are capitalizing on the growing interest in AI. However, recent setbacks experienced by Solana have prompted investors to explore alternative options. AltSignals, with its AI solution, has the potential to generate demand during this period.
AltSignals currently holds a favorable position, with the ASI token being offered for $0.015 during stage 1 of the presale.
You can participate in the ASI presale here.
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