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AltSignals vs. Near Protocol. Which Crypto Project Could Accelerate in 2023?

News Desk
News Desk
News Desk
Author:
News Desk
The latest news, comment and analysis from our crypto news desk.
June 21st, 2023

After the difficulties experienced by the numerous crypto projects trying to establish themselves in 2022 amidst the ongoing crypto winter, 2023 has seen several new projects emerge ahead of the next expected bull market in 2025.

Two new crypto projects seeking to establish themselves are AltSignals and proof-of-stake (PoS) public blockchain provider Near Protocol, introduced in 2017. With very different routes to market, investors are wondering which of these two cryptos could dominate markets in 2023.

What is AltSignals?

AltSignals is a trading signals platform that has gained a vast user base of more than 50,000 since launching in 2017, building a stellar reputation for producing highly accurate and trustworthy trading signals. Until now, AltSignals has mainly relied on its patented AltAlgo™ trading tool which is used to continuously scour markets, providing highly profitable trading insights on various asset classes, including daily crypto trades, forex, traditional shares, Binance Futures, and CFD.

To further increase the quality of its trading signals, AltSignals is launching a native ASI crypto token in a highly anticipated presale event to support the development of a brand new pioneering trading stack, ActualizeAI. This AI-powered toolkit will harness the power of cutting-edge new AI technologies, including predictive modeling, natural language processing (NLP), sentiment analysis, and machine learning, aiming to increase the average win rate from its existing 64% to over 80%.

This exciting new development looks set to build on AltSignals’ already substantial market share and is illustrated by the impressive $1.0m already raised in the ongoing presale event. Tokens are currently available in stage 1 of the presale, priced at just $0.015. Yet, this price is set to rise to $0.02274 by the end of the presale event, providing early investors with significant gains before the token hits the open market and soars.

How does ASI work?

AltSignaIs intends to harness the power of AI further thanks to the liquidity and utility provided by the native ASI token.

Users with more than 50,000 tokens will gain immediate access to AltAlgo™ outputs to begin their trading journey before being granted lifetime access to ActualizeAI once the new stack goes live. Meanwhile, all ASI token holders can join the elite AI Members Club to unlock exclusive features and offers. In addition to gaining voting rights through possession of ASI, club members will get advance notice of the most exciting private presale opportunities, entry into exclusive and lucrative online trading tournaments, and the chance to earn ASI tokens by testing new features and products during the beta phase.

ASI price prediction 2023

AltSignals looks likely to become a pioneer and standard bearer for AI adoption in the crypto space and could reap enormous dividends through an increased user base and significant value appreciation. The platform’s exciting plans, compelling use case, existing solid platform, and special offers for investors all stand it in good stead for the future.

The ASI token, as well as being the governance coin for AltSignals, powers the ecosystem’s impressive levels of utility and has appealing deflationary tokenomics. With the presale event already selling out quickly, analysts are looking to the future and predicting the coin could surge beyond $0.25 by the end of 2025, representing returns of more than 10x for all presale investors.

What is Near Protocol?

Near Protocol is a public PoS blockchain that began as a community-run cloud computing platform before diversifying into the crypto space. The platform provided PoS smart contract capability and designed its blockchain to host decentralized applications (dApps). Near Protocol aims to compete with leading chain providers such as Ethereum and Polkadot. Near Protocol is found on exchanges represented by its native NEAR token.

Developed by the Near Collective, Near Protocol aims to demystify the world of dApp development by creating a user-friendly interface that includes readable account names instead of crypto wallet addresses. As a result, users can enable smart contracts and interact with native dApps without needing a wallet. Projects currently on NEAR include Mintbase, an NFT minting platform, and Flux, which allows users to create asset and commodity markets.

NEAR price prediction

Near Protocol’s NEAR token performed exceptionally well in the first few months of 2023, riding the crest of the wave of new crypto consumer confidence to reach $2.64 in February. However, performance has been bearish since, with the value of NEAR now at $1.41.

Analysts predict a recovery between now and the end of the year with a return to its mid-January levels of $1.90 by the end of 2023, gains of more than 33% from its current position.

ASI vs. NEAR: Which is the best crypto investment?

Despite AltSignals and Near Protocol both jostling for a position to establish themselves as compelling and profitable crypto projects, AltSignals retains a significant edge. With a unique use case, strong support from an excellent existing business and community, and exciting new AI-powered features on the horizon, ASI represents an outstanding opportunity for investors to buy a significant new crypto token in the trading signals space.

Meanwhile, while Near Protocol has plenty going for it, the layer-1 blockchain space is much more competitive, with dozens of platforms offering similar solutions. Of the two tokens, ASI is the clear winner as an investment prospect as the new crypto with the potential to dominate in 2023. With 10x returns possible to the presale investors, now is the time to mitigate FOMO and enjoy potential profits accumulating before the end of the year.

You can participate in the ASI presale here.

Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.