Why Floki, Shiba Inu, and Avorak AI Could Be Solid Portfolio Picks For 2023

The post Why Floki, Shiba Inu, and Avorak AI Could Be Solid Portfolio Picks For 2023 appeared first on Coinpedia Fintech News

The crypto space has witnessed a rise in the popularity of meme coins, with Floki and Shiba Inu emerging top of the pack. Their rise is credited to their funny, relatable dog-themed images and the support of the community. Meanwhile, a new trend revolutionizing the crypto space in 2023 is unfolding. Avorak AI is pioneering AI and machine learning combinations to provide various use cases. Let’s see why AI crypto will upstage meme coins in 2023. A new trend revolutionizing the crypto space in 2023 is unfolding. Avorak AI is pioneering AI and machine learning combinations to provide various use cases. Let’s see why AI crypto will upstage meme coins in 2023.

Floki

Floki cryptocurrency is still new, having been created in 2021. Inspired by the popular meme, FLOKI has gained attention in the crypto community. It is a decentralized currency that operates on the Binance Smart Chain and has a maximum supply of 10 billion tokens. Floki is marketed as a meme token and is primarily used for trading and speculation. However, unlike other meme coins, Floki developed a unique marketing approach by partnering with animal welfare organizations and donating a portion of its transaction fees to animal shelters. Its focus on social responsibility and community-driven initiatives sets it apart from other meme coins in the cryptocurrency space.

Shiba Inu

Shiba Inu draws inspiration from a Japanese dog breed of the same name. Shiba Inu has gained significant popularity due to its similarities with Dogecoin. It has a total supply of 1 quadrillion tokens, and its primary use is also for trading and speculation. Shiba Inu is a meme-inspired cryptocurrency that was launched in August 2020. Shiba Inu managed widespread acceptance in 2021 when Elon Musk endorsed it on Twitter. The platform has its decentralized exchange called ShibaSwap, which allows users to trade SHIB and other cryptocurrencies. However, SHIB’s long-term sustainability remains open for speculation.

Avorak AI

Avorak AI is an artificial intelligence platform that uses blockchain technology to power its operations. It offers various AI services, including machine learning, NLP, computer vision, and predictive analytics. The platform allows businesses to leverage the power of AI to improve their operations and decision-making. Among its many products are chatbots, trade bots, and text and image generators that play a critical role in blockchains.

Avorak AI runs on its cryptocurrency, AVRK, which users use to access the platform’s services and pay for transactions. AVRK can be purchased at $0.105 in its ICO phase 2. AVRK is performing well, and there is excitement on Twitter and YouTube.

Avorak AI is a unique cryptocurrency platform using a first-to-market strategy in automating cryptocurrency processes. Its key features include the drive towards the accuracy of human-led processes to improve the security and privacy of cryptos, making them more. Avorak offers fraud detection tools and analysis trade bots that predict price movements and provide insights to the investor. 

Conclusion

Floki, Shiba Inu, and Avorak AI are different entities in the cryptocurrency space, each with unique features and characteristics. Lacking in many use cases, Floki and Shiba Inu are meme-inspired cryptocurrencies primarily used for speculation. Avorak AI is an artificial intelligence platform that uses blockchain technology to offer AI utilities powered by its AVRK token. Through its comprehensive solutions, Avorak AI sets itself apart from others as a reliable option in the rapidly evolving world of cryptocurrency.

More Avorak AI info:

Website | Whitepaper