Crypto Whales are Accumulating This Lesser Known Crypto – Here’s Why
yPredict, an AI trading platform, is progressing through the stages of its crypto presale. As of writing, the platform is in Stage 7 of its token sale, having raised $4,195,330.35 toward its final target of $6,507,551.
The platform distinguishes itself by offering a comprehensive set of AI-based trading tools, including but not limited to trading signals, price prediction and technical analysis. Additionally, yPredict has delved into content generation with its WriteMingle Beta Testing Program.
A Detailed Look at the Presale Mechanics
Currently in Stage 7, yPredict has $400,000 left to raise before the token price increases from $0.10 to $0.11. The total supply of YPRED tokens is capped at 100 million, with 80 million allocated for the presale.
🧠The $YPRED token runs on pure brain power! Backed by https://t.co/LxaqdeZZqV's ground-breaking artificial intelligence models for generating accurate crypto forecasts. ⚡ #YPRED #HODL #CryptoGems #CryptoTrading #yPredict pic.twitter.com/CXuLnlNk8D
— yPredict.ai (@yPredict_ai) September 8, 2023
Upon reaching Stage 8, the platform will offer 17,500,000 tokens for sale, accounting for 21.875% of the total supply, valued at $1,925,000. The end goal for the presale is to achieve a market cap of $6,507,551. Regarding price prediction, the platform’s internal estimates suggest that the annual percentage yield (APY) could reach 45% each quarter.
An additional aspect of the yPredict platform worth highlighting is its approach to staking rewards for token holders. According to the company, 10% of subscription revenues will be diverted into a staking pool from which rewards will be distributed to YPRED token holders.
This arrangement could provide an additional incentive for participation in the platform, beyond the suite of AI-based trading and analytical tools already on offer.
AI-Driven Trading Tools: Beyond Simple Signals
yPredict centers its suite of services around AI trading, providing more than just trading signals. The platform is working on a range of products including yPredict Predictions, yPredict Analytics, yPredict Repository, yPredict Terminal, and yPredict Marketplace.
🚀 Want to unlock the secrets behind Ethereum's price fluctuations? Dive into the 10 key factors shaping the value of #Ethereum! Whether you're an investor, trader, or crypto enthusiast, understanding these factors is 🔑.
— yPredict.ai (@yPredict_ai) September 15, 2023
Read more: https://t.co/NDAJ1KPeLc #yPredict… pic.twitter.com/wbZF3WKZ1G
In terms of AI application, yPredict Analytics plans to utilize models capable of predicting cryptocurrency prices. These models are being developed by specialists in AI and will be available to users who hold a minimum of $500 in YPRED tokens.
Beyond its trading focus, yPredict is also expanding its reach with WriteMingle, a beta program focused on content generation.
Raj Sharma, the CEO of yPredict, stated, “Our goal with WriteMingle is to allow people to focus on big picture content strategy and creation, while letting AI handle the time-consuming busywork like proofreading and SEO optimization.”
WriteMingle uses advanced natural language processing and generative AI to assist with content creation tasks.
As yPredict progresses through its crypto presale and approaches its financial targets, the platform is shaping up to be a complex entity in the trading sector. With services ranging from AI-driven trading tools to a content creation beta program, yPredict is casting a wide net.
As the platform advances toward its funding goals, market watchers may be interested to observe how it positions itself within the broader trading and crypto sectors.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.