Polygon (MATIC) And Avorak AI (AVRK) Defy Bears Despite Series Of Bad News Events

Is Polygon Still Popular?

Polygon (MATIC) has established itself as a prominent player in the blockchain industry, known for its scalability solutions and commitment to enhancing the Ethereum network. Polygon’s Layer-2 (L2) scaling solutions have attracted numerous developers and users seeking faster and more cost-effective transactions. Despite the occasional setbacks and the negative news surrounding Polygon (MATIC) and the SEC, the underlying technology and the value proposition of the L2 blockchain have continued to resonate with the crypto community.

With a growing ecosystem of decentralized applications (dApps) and partnerships with major industry players, Polygon has managed to maintain its popularity and remains a go-to choice for many blockchain enthusiasts. And while MATIC has been on an overall decline for the last 90 days, many analysts remain bullish on its future.

Can Avorak AI still 100X?

Avorak AI has gained traction in the crypto market thanks to its unique advantages over other blockchain projects. With the increasing demand for AI technology, Avorak offers a comprehensive platform with advanced AI solutions, leveraging the benefits of blockchain technology, such as speed, security, transparency, and accessibility.

One aspect that sets Avorak apart is its first-to-the-market solutions. For instance, the Avorak AI trading bot utilizes a non-code-based command-line input and enables users to automate trades across various exchanges and asset classes. The bot’s ability to provide a wide range of indicators and price predictions further enhances its value proposition.

The project’s tokenomics also contribute to its growth potential. Credits of AVRK, the native token of the ecosystem, are required to access its AI services. And 49% of the revenue generated by the AI services is distributed back to AVRK holders, 49% to Avorak for further developments, and 2% burned to ensure continuous deflation to the AVRK token. There is a capped supply of 40 million AVRK tokens, and as demand for Avorak’s solutions increases, the scarcity of AVRK is likely to drive its price higher.

AVRK can be staked in Avorak’s three staking pools or traded on various decentralized and centralized exchanges after Avorak’s initial coin offering (ICO). Avorak AI (AVRK) has received four exchange listings and made other notable strides during its ICO phase, demonstrating positive indicators for future growth. For example, the project entered the NFT space with a collection that combines unique aesthetics and real-world utility. Avorak AI also entered its beta phase, showing its commitment to the actualization of its roadmap.

Crypto analysts and enthusiasts have hinted at the potential for Avorak AI (AVRK) to surge by 100X its value based on its low market cap, focus on the promising field of Artificial Intelligence, and numerous competitive advantages. The project’s solid foundation, including an experienced team, a well-defined roadmap, and a growing community of AVRK holders, further reinforces the belief in its long-term potential. With the second-to-last phase’s progress at 50%, more investors are flocking to join the ICO and get benefits, such as discounted AVRK prices, token and NFT bonuses, priority access to staking pools, and more.

Despite the FUD within the crypto community, Avorak AI shows great promise and continues to make moves and gain investments. Thus, the 100X target for Avorak AI (AVRK) is still viable.

The bottom line

While Polygon (MATIC) and Avorak AI (AVRK) could defy bears and surge significantly, it is crucial for investors to do their due diligence before making any commitments.

To get more information on Avorak AI and its ICO:

Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register