Key points
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Chainlink’s LINK has risen 26% over the past seven days, outperforming the broader cryptocurrency market.
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The ASI token is now listed on Uniswap after AltSignals completed its token sale.
The cryptocurrency market has consolidated in recent days, with Bitcoin still trading below the $43,000 level. Despite that, Chainlink’s LINK is currently outperforming the market and could continue rising.
LINK rallies 26%, outperforming the market
LINK, the native token of the Chainlink ecosystem, has been the top performer among the top 20 cryptocurrencies by market capitalization over the last seven days. It has increased by more than 26% during that period.
At the time of writing, the Chainlink price stands at $18.92. LINK’s rally comes as other major cryptocurrencies lag. Bitcoin remains below $43,000, while Ether consolidates above $2,300.
AltSignals presale concludes successfully
Despite current market conditions, AltSignals has reached a milestone. The project’s presale has ended, with the team raising $1.8 million. In the first presale round, ASI — AltSignals’ native token — was sold for 0.015 USDT, and by the close of the presale it was priced at 0.01875 USDT.
Funds raised in the presale will be used to develop products for users. AltSignals aims to combine artificial intelligence and blockchain technology to facilitate crypto trading and help more traders access the market.
What is AltSignals?
AltSignals is a Web3 project seeking adoption beyond the crypto niche. It targets traders across broader financial markets, including digital assets, forex, stocks, commodities and indices.
According to its whitepaper, AltSignals aims to simplify traders’ access to trading signals and tools that help them improve their performance.
Most of the funds from the presale are earmarked for developing ActualizeAI, an AI-powered solution designed to make trading cryptocurrencies and other assets simpler and more accessible.
ActualizeAI will provide continuous, around-the-clock signal generation and pattern identification, helping traders spot market opportunities and reducing some common barriers to trading.
AltSignals plans to leverage blockchain, artificial intelligence, natural language processing, machine learning, regression and predictive modeling to enhance its services.
ASI price outlook as Uniswap lists the token
ASI is the native utility token of the AltSignals ecosystem. With the presale concluded, the AltSignals team is moving to list the token on multiple cryptocurrency exchanges.
Recently, the team announced that ASI is now listed on Uniswap, one of the world’s leading decentralized exchanges. Listing on Uniswap makes ASI available to millions of investors globally.
At present, ASI trades at $0.01875 per token. With the Uniswap listing and more exchange listings expected, the token’s value could rise over the coming weeks and months.
Wider adoption of AltSignals by traders could further support upward pressure on the token’s price in the medium to long term.
Is now a good time to buy AltSignals?
AltSignals is no longer in presale, which makes acquiring the token easier. ASI is live on Uniswap and can be purchased through that decentralized exchange.
The team is also pursuing listings on additional decentralized and centralized exchanges in the coming weeks and months.
If AltSignals achieves meaningful adoption, ASI’s price could increase over the next months and years. Widespread adoption within crypto and beyond could position AltSignals among notable Web3 projects globally.