In short: Binance Coin has experienced a nearly 6-month low level of $261 following investigations initiated by the US Securities and Exchange Commission (SEC) against Binance and Coinbase. However, AltSignals' digital asset $ASI could potentially benefit from the incident after a regulatory hurdle is cleared, following the asset being 87% sold out in presale. With the innovative trading platform as the main attraction, $ASI offers value to investors looking to earn by belonging to a trading community. Furthermore, the potential renewed focus on tokens not seen as securities could attract investors and unlock a projected 10x return.
Our quick analysis:
News that the US SEC has sued Binance and Coinbase has sent shockwaves throughout the crypto world. Binance, an exchange that commands the lion's share of crypto volume, is accused of violating 13 counts, including offering unregistered security tokens, while Coinbase is charged with operating an unregistered securities exchange, clearing agency, and broker.
While Binance Coin (BNB) has fallen to a six-month low, other cryptocurrencies such as Bitcoin, Ethereum, and XRP, have remained mostly resilient. The DeFi sector also remains steady, with a total value locked of about $45.43 billion.
As circumstances surrounding the SEC lawsuits settle, AltSignals could enjoy significant demand. AltSignals ($ASI) is a new cryptocurrency currently on presale, offering value to investors looking to earn by belonging to a trading community. The token is 87% sold out, with an innovative trading platform as the main attraction.
AltSignals offers a proprietary trading signal platform created by a team of experienced UK traders that covers forex, crypto, and stocks. Its technical analysis tool, AltAlgo™, is well-regarded. The team is exploring a more advanced technical analysis tool using artificial intelligence, which will run on the Ethereum network. The AI platform, dubbed ActualizeAI, will use AI to provide more quality trading signals.
Members of ActualizeAI will need to own $ASI, the native token, which they can use to vote on governance. Being part of a trading community has fueled demand for $ASI, explaining the robust presale.
If $ASI rises by 10x by the end of 2023, which is a realistic target considering the token's backing by an existing trading community, then a minimum price of $0.15 would be possible for investors.
With the potential to benefit from a post-SEC market resurgence, $ASI could be an excellent addition to any investor’s cryptocurrency portfolio.
Image provided by Unsplash
Disclaimer: Our articles are NOT financial advice, and we are not financial advisors. Your investments are your own responsibility. Please do your own research and seek advice from a licensed financial advisor beforehand if needed.
Our quick analysis:
News that the US SEC has sued Binance and Coinbase has sent shockwaves throughout the crypto world. Binance, an exchange that commands the lion's share of crypto volume, is accused of violating 13 counts, including offering unregistered security tokens, while Coinbase is charged with operating an unregistered securities exchange, clearing agency, and broker.
While Binance Coin (BNB) has fallen to a six-month low, other cryptocurrencies such as Bitcoin, Ethereum, and XRP, have remained mostly resilient. The DeFi sector also remains steady, with a total value locked of about $45.43 billion.
As circumstances surrounding the SEC lawsuits settle, AltSignals could enjoy significant demand. AltSignals ($ASI) is a new cryptocurrency currently on presale, offering value to investors looking to earn by belonging to a trading community. The token is 87% sold out, with an innovative trading platform as the main attraction.
AltSignals offers a proprietary trading signal platform created by a team of experienced UK traders that covers forex, crypto, and stocks. Its technical analysis tool, AltAlgo™, is well-regarded. The team is exploring a more advanced technical analysis tool using artificial intelligence, which will run on the Ethereum network. The AI platform, dubbed ActualizeAI, will use AI to provide more quality trading signals.
Members of ActualizeAI will need to own $ASI, the native token, which they can use to vote on governance. Being part of a trading community has fueled demand for $ASI, explaining the robust presale.
If $ASI rises by 10x by the end of 2023, which is a realistic target considering the token's backing by an existing trading community, then a minimum price of $0.15 would be possible for investors.
With the potential to benefit from a post-SEC market resurgence, $ASI could be an excellent addition to any investor’s cryptocurrency portfolio.
Image provided by Unsplash
Disclaimer: Our articles are NOT financial advice, and we are not financial advisors. Your investments are your own responsibility. Please do your own research and seek advice from a licensed financial advisor beforehand if needed.
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