LINK rallies by 26% in a week as Uniswap lists AltSignal’s ASI
Key takeaways
Chainlink’s LINK is up by 26% in the last seven days, outperforming the broader cryptocurrency market.
ASI token launched on the Uniswap exchange after AltSignals concluded its token sale.
The cryptocurrency market has been consolidating over the past few days, with Bitcoin still trading below the $43k level. However, Chainlink’s LINK is currently outperforming the market and could rally higher soon.
LINK rallies by 26% to outperform the market
LINK, the native coin of the Chainlink ecosystem, is the best performer amongst the top 20 cryptocurrencies by market cap over the last seven days. It is up by more than 26% over the last seven days.
At press time, the price of Chainlink stands at $18.92. LINK’s rally comes as the other major cryptocurrencies continue to underperform. Bitcoin continues to trade below the $43k level while Ether is consolidating above $2,300.
AltSignals’ presale comes to an end
Despite the current market conditions, AltSignals has achieved an important milestone. The project’s presale has now closed and the team raised $1.8 million. In the first presale round, ASI, the native token of the AltSignals ecosystem, went for 0.015 USDT. however, by the end of the presale, the token was sold for 0.01875 USDT.
The funds raised from the presale rounds would aid in developing products for the users. AltSignals is a unique project that will use AI and blockchain technology to ease crypto trading and, in the process, help onboard more traders to the market.
What is AltSignals?
AltSignals is a Web3 project that seeks to gain adoption beyond the crypto space. It project targets traders in the broader financial markets, including crypto, forex, stocks, commodities, and indices traders.
Per their whitepaper, AltSignals intends to make it easier for traders to have access to trading signals and other resources that would help make them better traders.
Most of the funds generated from the presale round would go towards developing ActualizeAI. ActualizeAI is an AI solution that will make it easier for people to trade cryptocurrencies and other financial assets.
With ActualizeAI, traders have a solution that works 24/7, generating signals and helping them identify various patterns in the market. This solution helps eliminate some of the obstacles traders face in the market.
Furthermore, AltSignals will use blockchain technology, AI, natural language processing, machine learning, regression, and predictive modelling, to enhance its services.
ASI price prediction as Uniswap lists the token
ASI is the native token of the AltSignals ecosystem. Now that the presale has been concluded, the AltSignals team is already working to get the token listed on several cryptocurrency exchanges.
A few hours ago, the team announced that the ASI token had been listed on Uniswap, one of the leading decentralized cryptocurrency exchanges in the world. With ASI now available on Uniswap, the token would become available to millions of investors globally.
Have you seen?! $ASI is now listed on Uniswap 🙌🦄
Join the revolution and explore the future of trading with AltSignals in the crypto space🚀🤖
With even more to come – this is your time in invest in the best in the trading game 🔥🦾 pic.twitter.com/plmtC5AGBw
— AltSignals (@AltSignalseng) February 5, 2024
At the moment, ASI is still trading at $0.01875 per token. However, with the listing on Uniswap and other exchanges to come, ASI’s value could skyrocket over the coming weeks and months.
In addition to that, AltSignals’ adoption by traders could help push ASI’s price higher in the coming months and years.
Should I buy AltSignals now?
AltSignals is no longer in presale, which means that it will become easier to purchase the token. ASI is already live on Uniswap and can be purchased from the decentralized exchange.
The team is also working to list ASI on other decentralized and centralized exchanges in the coming weeks and months.
If AltSignals gets the right level of adoption, ASI’s price could soar higher in the coming months and years. AltSignals could gain massive adoption in the crypto space and beyond, and this could make it one of the leading Web3 projects in the world.
The post LINK rallies by 26% in a week as Uniswap lists AltSignal’s ASI appeared first on CoinJournal.