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 launched on Uniswap after AltSignals completed its token presale.
The cryptocurrency market has been consolidating in recent days, with Bitcoin still trading below $43,000. Despite the overall market softness, Chainlink’s native token LINK is outperforming peers and could continue to climb.
LINK Rises 26% and Outperforms the Market
LINK, the native coin of the Chainlink ecosystem, has been the top performer among the top 20 cryptocurrencies by market capitalization over the past seven days. It has gained more than 26% during that period.
At the time of writing, Chainlink’s price stands at $18.92. LINK’s gains come even as other major cryptocurrencies struggle. Bitcoin remains under $43,000, while Ethereum trades above $2,300.
AltSignals Completes Presale
Despite the current market environment, AltSignals reached a notable milestone by completing its presale and raising $1.8 million. In the initial presale round, the AltSignals ecosystem token ASI was sold at $0.015 USDT; by the end of the presale it was sold at $0.01875 USDT.
Funds raised during the presale will be used primarily for user-facing product development. AltSignals is a project that combines AI and blockchain to simplify crypto trading and attract more traders into the market.
What Is AltSignals?
AltSignals is a Web3 project focused on driving adoption beyond the crypto space. It targets traders across broader financial markets, including crypto, forex, stocks, commodities, and indices.
According to the whitepaper, AltSignals aims to make access to trading signals and other resources easier so traders can improve their performance.
Most of the funds from the presale will go toward developing ActualizeAI, an AI-driven solution designed to streamline trading in cryptocurrencies and other financial assets.
With ActualizeAI, traders will have a tool that can generate signals around the clock and help identify a variety of market patterns. This solution is intended to remove some of the obstacles traders face in the market.
AltSignals also plans to leverage blockchain, AI, natural language processing, machine learning, regression, and predictive modeling to enhance its services.
ASI Price Outlook Following Uniswap Listing
ASI is the native token of the AltSignals ecosystem. With the presale concluded, the team is actively working to list the token on multiple cryptocurrency exchanges.
A few hours ago, the team announced that ASI has been listed on Uniswap, one of the world’s leading decentralized cryptocurrency exchanges. Availability on Uniswap opens ASI to millions of potential investors worldwide.
Currently, ASI trades at $0.01875 per token. With the Uniswap listing and planned listings on other exchanges, ASI’s value could rise in the coming weeks and months.
Furthermore, if AltSignals gains traction among traders, ASI’s price could appreciate over the coming months and years.
Should You Buy AltSignals Now?
With the presale completed, ASI is now easier to acquire. The token is already available on Uniswap and can be purchased via decentralized exchanges.
The team is also working to secure listings on additional decentralized and centralized exchanges over the coming weeks and months.
If AltSignals reaches meaningful adoption, ASI’s price could appreciate significantly in the months and years ahead. The project aims for broad adoption both inside and outside the crypto space, and if successful, AltSignals could become one of the leading Web3 projects globally.