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AI Says Helium (HNT) and Fantom (FTM) Look Strong

1 min
Updated by Michael Washburn
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In Brief

  • Avorak AI is optimistic about Helium (HNT) and Fantom (FTM) tokens.
  • The AI trading tool operates on the BNB Smart chain.
  • AI trading has become more popular as it aims to remove human bias and emotion from trading.
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An AI trading bot is optimistic about the prospects of two tokens, Helium (HNT) Fantom (FTM).

A new AI trading tool, Avorak AI, is bullish about Helium (HNT) and Fantom (FTM). The trading bot, one of many AI products offered by the company, provides price predictions, makes automated trades, and learns from its user’s strategies. The bots have identified both tokens as likely to make large moves upward in coming months.

AI Charts Helium and Fantom Surge

Avorak AI operates on the BNB Smart chain and can be used with its AVRK token. Its product is one of many AI-enabled trading tools to have entered the market in recent months.

Fantom has had a solid first quarter so far, beginning the year in the doldrums of just under $0.2. FTM currently sits at $0.45. The trajectory has been mostly upward, with regression in late February and early March. The price is approaching its yearly all-time-high, and investors seem relatively optimistic about its direction. Avorak AI appears to agree.

Fantom price year to date
Source: CoinMarketCap

Helium (HNT) on the other hand has had a much different year so far, starting at $1.50 and arriving $1.866 today, 24% up. However, the road there has been choppy. It hit heights of 3.27 on January 18, and crossed the $3.00 mark again in late February. But the token has dropped significantly since, losing 43% of its value.

AI trading has become much more popular in recent months as market participants try to replace or augment human trades. Its proponents say it can remove human bias and emotion from decisions. 

Read BeInCrypto’s latest guide to AI trading here.

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Josh Adams
Josh is a reporter at BeInCrypto. He first worked as a journalist over a decade ago, initially covering music before moving into politics and current affairs. Josh first owned Bitcoin in 2014 and has followed the space ever since. He is particularly interested in Web3 adoption, policy and regulation, CBDCs, privacy, and the future of the metaverse.
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