Shiba Inu is a popular crypto asset that has been reviewed by various crypto enthusiasts and its cult-like fanbase, the SHIB Army. Shiba Inu has been a hot discussion in the crypto community, but amid recent market trends, its investors are shifting to a new player in the market, Avorak AI.
Avorak AI has shown the potential to dominate the crypto market as it provides various features and tools that can be used to profit from volatile markets easily. Moreover, its wide use case makes it an attractive project to onboard.
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What is Shiba Inu’s Price Analysis?
Shiba Inu is an Ethereum-based altcoin and a meme-inspired digital currency that has gained popularity fostered by the SHIB Army.
Amid its growing popularity, Shiba Inu reached its all-time high of $0.00003791, but its hype since then has died down. It dropped significantly, facing price fluctuations in recent weeks. Its price analysis shows potential price drops in the future, leading its investors to look into Avorak AI, a potential alternative to Shiba Inu.
What is SHIB, the SHIB Army?
Shiba Inu’s native currency is the SHIB coin, which is used as a peer-to-peer digital payment. SHIB is an ERC-20 token that runs on Ethereum’s network. Moreover, with the evolving Shibarium ecosystem, Shiba Inu can leverage smart contracts to create decentralized applications (dApps). As such, its features garnered a mass audience that quickly became investors and enthusiasts of the digital asset.
The SHIB Army is among the active investor groups focusing on trading Shiba Inu coins and NFTs. The passionate community is dedicated to the success of Shiba Inu. However, the group has shifted its focus to Avorak AI as the new player shows promise in topping Shiba Inu in the crypto market and becoming its alternative.
Why Shiba Inu Investors are Moving Over to Avorak
Avorak AI is a new project currently in the 7th phase of its ICO. The AI crypto has been making waves in the digital realm. Avorak AI has faced significant growth since the presale commenced, and still, Avorak’s team is focused on developing a sustainable platform with active community building. This has attracted different investors looking for long-term gains in the volatile market.
Avorak can also be used in trading other cryptocurrencies. This feature offered by Avorak Trade can be employed by anyone interested in trading crypto since it’s an easy-to-use platform.
Avorak’s AVRK native token price has been on an uptrend since the first phase of its ICO, and will guarantee early investors 5X gains with a $1 launch price, much higher than the SHIB price.
Shiba Inu investors took notice of Avorak’s potential and have intended to shift their investments to Avorak.
Moreover, Avorak AI has a solid case in rivaling digital currency since it is widely used and can be leveraged in trading crypto assets. Additionally, AVRK can be offered as staking rewards on Avorak, and its growing adoption makes it a promising investment.
Conclusion
The crypto market is a volatile and unpredictable space. New layers are getting onboard, and as the Shiba Inu price action shows no accurate profit potential, platforms like Avorak are coming in strong. Avorak offers a wide use case that can benefit both trailers and investors in the long run.
Get more on Avorak on:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Photo by Austin Distel on Unsplash