AI crypto has seen tremendous growth since the rise of ChatGPT, with a number of industry experts suggesting it could make the next crypto millionaires. Recently, the Chinese crypto investment landscape has had more investors choosing AI crypto projects over Ethereum (ETH). Avorak AI (AVRK) has especially come up in discussions about AI crypto being the crypto investment trend in 2023.

Is Ethereum dead?

Despite being significantly below its ATH (all-time high), Ethereum (ETH) is not dead. It is the second-largest crypto by market cap and is involved in multiple niches within the industry. Additionally, Ethereum successfully transitioned to a PoS (proof-of-stake) consensus mechanism, drastically decreasing its energy usage and setting the stage for future updates that will help improve the blockchain's speed and efficiency. This could also help Ethereum (ETH) gain market share from the energy-intensive Bitcoin.

Will Ethereum go up?

Ethereum (ETH) has been on an overall increase in 2023. With the recent transition to a proof-of-stake protocol and its potential in the decentralized application space, Ethereum's future looks promising. However, there are still downsides to consider, such as the volatility of the crypto industry, increased scrutiny by regulatory bodies, and the possibility of a new competitor disrupting Ethereum's competitive advantage.

Why is Avorak AI (AVRK) getting the most attention among AI crypto projects?

Avorak AI has been a topic of discussion since its initial coin offering (ICO) started last month. Experienced crypto investors and analysts have been attracted to the platform because of its many competitive advantages. The platform is first-to-market, allowing it to get ahead of competitors. Avorak AI aims to provide businesses and individual users with a comprehensive set of efficient AI solutions paid for using a crypto token. This alone gives Avorak an advantage unmatched by many other providers.

Avorak's suite of Artificial Intelligence (AI) tools can be used to streamline various fields, including data analysis, customer service, online shopping, device management, and security. Avorak AI aims to change how we think about trading and creating new content. Avorak allows users to be creative with just a few clicks and instructions through its AI image and text generators. The Avorak Trade bot can conduct automated trades on different exchanges and assets, using AI algorithms to find the best trades and help investors make money in any market condition.

The AI crypto project doesn't need any technical knowledge from its users. The platform is user-friendly and comes with plenty of intuitive features. Through its AI technology, Avorak has chatbots that enable users to receive answers quickly without having to wait for long while talking with real people over phone lines. 

Avorak AI is affordable, even when compared to low-end providers. It also offers added benefits like data backup redundancies and cloud storage solutions to those who choose not to go beyond entry-level pricing, which would have additional costs elsewhere. AVRK, which is the token that will be used to pay for Avorak's AI services, is currently selling at $0.210 in phase 5 of Avorak's ICO. Investors get additional benefits from the ICO event, such as token bonuses and priority access to Avorak's staking pools.

The bottom line

While Ethereum remains a strong investment choice, the shift in preference among Chinese investors towards AI-powered cryptocurrency projects shows the growth potential of this relatively new space. As one of the most anticipated AI crypto projects, Avorak AI is setting itself up for success thanks to its competitive advantages.

For more information on Avorak AI and its ICO:

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