Crypto price prediction: Arkham (ARKM) and AltSignals (ASI)
Arkham (ARKM) price rose to $0.89 after its Binance Launchpad sale.
AltSignals (ASI) token is in presale, currently priced at $0.01875.
Both projects have artificial intelligence-powered algorithms, systems that could revolutionise blockchain intelligence and marketplace and trading respectively.
Arkham, a blockchain analytics platform and decentralised crypto intelligence marketplace, has a proprietary artificial intelligence (AI) layer that’s the engine of the platform’s capabilities.
The native token ARKM currently trades on the open market and saw significant upside when it debuted after its Binance Launchpad sale, before paring the gains amid huge profit taking.
Here is the price outlook for Arkham (ARKM) and AltSignals (ASI), another project that could ride the strong AI narrative.
Arkham: deanonymizing blockchain with AI
A platform that offers access to on-chain data and analytics, and a marketplace for buying and selling of blockchain intelligence. That’s a simple understanding of what Arkham is. The Arkham ecosystem has two components – an Analytics Platform and the Intel Exchange.
At the heart of it is the native ARKM token and ULTRA, an AI-powered system that was in development for more than three years and had the backing of major AI industry players like OpenAI and Palantir.
Arkham uses an ULTRA enabled algorithm to collect and match data and addresses, linking these to real-world entities and offering users access to key blockchain intelligence.
ARKM is a utility token that is used as the native currency on the Intel Exchange. Arkham uses the token to incentivize users, who get rewarded with ARKM when they submit intel and refer new users. The token also gives holders governance rights.
Can ARKM price reach $1 in 2023?
While the launch of Intel Exchange drew criticism from some within the crypto space, particularly on so-called “snitch-to-earn” in place of Arkham’s intel-to-earn product, the team and other proponents maintain the goal is to use the intel to expose the bad actors.
A flip in sentiment after the weak hands dumped airdropped tokens could combine with Arkham’s unique approach to crypto intelligence and the strong AI narrative to help the price of ARKM. The all-time high for the token is $0.89 and the current price is around $0.62. If bulls were to match to $1 in 2023, Arkham would need to rally more than 61%.
Not impossible, but the unpredictability of the market means it’s difficult to say with certainty ARKM will rise to $1. It could be higher or lower depending on market conditions and other factors. That said, Arkham has a great chance of being a successful blockchain platform. Its integration with leading blockchains, including Ethereum, BNB Chain, Arbitrum, Optimism, Avalanche, Polygon and Tron2 is a crucial milestone in its growth trajectory.
What is AltSignals?
AltSignals is a trading platform that has been operating since December 2017, providing signals to a growing number of users.
While it began by providing free crypto signals, the platform’s evolution has included expansion to setups for stocks and forex among others. Users get signals on potential buy or sell trades 24/7, factoring in market analysis and trends – all with a rising degree of accuracy and profitability powered by the proprietary AltAlgo trading algorithm.
Like Arkham, AltSignals has an AI-powered layer that is set to bring the key benefits of machine learning and natural language processing to the trading industry.
The platform’s new AI system is called ActualizeAI and will offer a suite of AI tools for optimised performance. Traders can leverage these tools to bump the potential investment returns across all market conditions.
ASI token presale
The ActualizeAI platform will be powered by ASI. This is the native utility token that will not just give holders access to the AI stack, but also power ecosystem transactions, used for rewards and allow holders to earn through staking.
ASI is currently in presale and is seeing huge interest from investors. The token is currently priced at $0.01875 and will rise to $0.02274 in the last stage of the sale offer.
Find more about the AltSignals presale here.
AltSignals price prediction: Can ASI token reach 1 in 2023?
According to the AltSignals roadmap, its launch on Uniswap is expected in Q3, 2023 and on Binance and Bybit in Q4, 2023. Meanwhile, development of the ActualizeAI Dashboard will continue, with an Alpha launch and live trading expected to go live in Q1, 2024.
I highlight the roadmap milestones because they could be key to ASI token’s performance after the presale, especially if an exchange like Binance announces trading support.
The ActualizeAI system debut is also a key milestone to watch out for as demand for the token could build pre-launch. That means a lot of hype could surround ASI in the last quarter of 2023. Will price follow the likely sentiment?
To rise from $0.02274 to $1.00 between October and end of December this year would need buying pressure to push ASI value higher by nearly 4300%. While it is possible, the more likely targets would be much lower given other market forces could be at play. Targets for the immediate term would be around $0.1 by year’s end or early 2024.
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