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CoinMarketCap to Launch Crypto "Shark Tank" Show. Could AltSignals Compete?

19 May 2023 06:00, UTC

Shark Tank, one of the most popular reality TV shows, follows entrepreneurs seeking early-stage investment, and CoinMarketCap is adapting the TV show with a crypto twist. CoinMarketCap’s Shark Tank will consider promising crypto projects in Web3.

Brand new projects such as AltSignals would fare well if pitted against CoinMarketCap’s “Killer Whales.” The ASI token continues to raise investment during the bear market, as Web3 traders are very interested in the platform’s AI-powered toolkit to help them make a profit while trading the crypto markets.

Could AltSignals present on CoinMarketCap’s Killer Whales Show?

Killer Whales will place crypto-rich VCs on the panel to interrogate Web3 entrepreneurs, who will share their business plans live on TV. The panelists then thoroughly examine the investment proposals to decide whether they want to get involved.

Prospective blockchain projects seeking investment through Killer Whales could learn from the recent successes of AltSignals. The ASI token presale has attracted $739k worth of investment as enthusiastic investors pile in to fund AltSignals’ AI-powered trading protocol, ActualizeAI.

The AI-powered trading solution AltSignals is developing should be well received. It will have unique utility within the Web3 ecosystem and potentially attract a significant number of users over time. These are the kinds of characteristics that the Killer Whales panelists will want to see during the show.

What is AltSignals?

AltSignals is an online trading platform that has served over 50,000 users since its launch in 2017. The project’s original algorithmic indicator, AltAlgo™, has an impressive accuracy level — traders who matched its calls could have made 10,000% gains in 19 separate months for Binance Futures.

Algorithmic trading systems such as those developed by AltSignals are top-rated among institutional investors. JP Morgan commented on the utility of such tools, and AltSignals is now further optimizing its trading stack by integrating its toolkit with artificial intelligence.

ActualizeAI, the new algorithmic indicator AltSignals currently have in development, leverages natural language processing (NLP) and predictive modeling to further optimize the accuracy and frequency of trading signals shared with its users.

ActualizeAI will be able to analyze vast amounts of market data instantly, giving crypto traders an edge while navigating market volatility. In addition, machine learning provides enhanced benefits for algorithmic indicators, a significant reason why the ASI token presale has generated so much excitement.

How does ASI work?

The primary utility for the ASI token is to provide direct access to ActualizeAI. Additionally, token holders can use ASI to generate a passive income by staking it on the AltSignals platform and also be able to vote on governance proposals to help drive progress for the project.

ActualizeAI will be released simultaneously with an exclusive online trading community called AI Members Club. Members gain additional benefits for holding ASI tokens, with a broader range of services available to investors who own over 50,000 ASI tokens including free access to the existing signals service meaning investors get a lot of bang for their buck.

AI Members Club will connect its members to lucrative investment opportunities in the crypto markets. These can include presales and private sales for promising projects in Web3, which often produce over 100x gains if they hit the market successfully.

Additionally, club members can test out the latest trading tools being developed by AltSignals before they are officially released. The platform’s core trading tools have a track record of success which is anticipated to go from the current 64% average to over 80% after AI implementation, giving the AltSignals platform attractive utility within Web3 and a solid chance to gain a vote of confidence on crypto’s version of Shark Tank.

CoinMarketCap’s Shark Tank likely to be keen on AI-based crypto protocols

CoinMarketCap’s Shark Tank investors will be aware of the new AI narrative in crypto. Projects like AltSignals can deliver vastly improved efficiency when analyzing complex datasets; what sets AltSignals apart is that it will soon offer these new AI capabilities to retail traders in the crypto market. As a result, AltSignals has the potential to become an industry leader in the blockchain-based AI movement. Blockchain and AI are two of the most exciting technological developments of the 21st century, which gives AltSignals vast potential growth over the coming years.

Can ASI reach $1 in 2025?

The new ASI token was introduced at the price of $0.012. This price will rise to $0.02274 during the presale, which has five investment stages. Later in the year, ASI will be launched on leading crypto asset exchanges.

ASI has extensive utility within the AltSignals platform as well as deflationary tokenomics. As a result, price analysts expect it to perform well over the coming years, with early price forecasts highlighting $0.55 and $0.87 as resistance areas. If ASI can break these levels, it’s likely to be worth over $1 before 2025.

Is ASI worth buying?

With CoinMarketCap announcing the new Shark Tank-type reality show based around Web3 investment proposals, many have wondered just how well AltSignals would fare. The Shark Tank-inspired program will target projects with compelling use cases and potential for future growth — two inherent characteristics that AltSignals already has.

The ASI token is still currently available during its presale. The current price of the token is $0.015, which gives new investors a unique opportunity to get involved ahead of some good future price action. The token can now be purchased directly through the AltSignals website.

You can participate in the ASI crypto presale here.