The AI trading bot is bullish on the prospects of 2 coins Helium (HNT) and Fantom (FTM).
The trading bot is one of many artificial intelligence products offered by the company, providing price forecasts, automated trade execution, and learning from user strategies. The bots have identified these two coins that are likely to make significant inroads in the coming months.
What does the AI think about Helium and Fantom?
Avorak AI runs on the BNB Smart Chain and can be used with AVRK native token. Its product is one of many artificial intelligence trading tools that have hit the market in recent months.
Fantom has had a solid first quarter so far after a dismal start to the year at just under $0.20. FTM is currently at $0.45. The trajectory was mostly upward, with a retracement in late February and early March. Prices are near yearly highs and investors seem relatively optimistic about its direction. Avorak AI seems to agree with this sentiment.
FTM/USDT price chart. Source: TradingView
On the other hand, Helium (HNT) has had a very different year-to-date performance, starting at $1.50 and touching $1.85 today, up 24%. However, its price trajectory has changed. It peaked at $3.27 on January 18 and broke through the $3 mark again at the end of February. However, as of now, the token has fallen significantly since then, losing 43% of its value.
HNT/USDT price chart. Source: Coinmarketcap
AI trading has grown in popularity in recent months as market players seek to replace or augment human trading. Its proponents say it removes bias and human emotion from decision-making.
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According to BeinCrypto