beincrypto.com
An AI trading bot is optimistic about the prospects of two tokens, Helium (HNT) Fantom (FTM).
A new AI trading tool, Avorak AI, is bullish about Helium (HNT) and Fantom (FTM). The trading bot, one of many AI products offered by the company, provides price predictions, makes automated trades, and learns from its user’s strategies. The bots have identified both tokens as likely to make large moves upward in coming months.
Avorak AI operates on the BNB Smart chain and can be used with its AVRK token. Its product is one of many AI-enabled trading tools to have entered the market in recent months.
Fantom has had a solid first quarter so far, beginning the year in the doldrums of just under $0.2. FTM currently sits at $0.45. The trajectory has been mostly upward, with regression in late February and early March. The price is approaching its yearly all-time-high, and investors seem relatively optimistic about its direction. Avorak AI appears to agree.
Helium (HNT) on the other hand has had a much different year so far, starting at $1.50 and arriving $1.866 today, 24% up. However, the road there has been choppy. It hit heights of 3.27 on January 18, and crossed the $3.00 mark again in late February. But the token has dropped significantly since, losing 43% of its value.
AI trading has become much more popular in recent months as market participants try to replace or augment human trades. Its proponents say it can remove human bias and emotion from decisions.
Read BeInCrypto’s latest guide to AI trading here.