Not Financial Advice Price Prediction: NFAI Jumps 6%

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Not Financial Advice (NFAi) jumped 6% yesterday and continued its bullish streak for the sixth consecutive session. Investors are praising its Athena GPT feature, which might be the reason behind this whole bullish rally.

NFAi: Integrating Neural Net Technology in Decentralized Hedge Fund Experiment

Not Financial Advice represents a decentralized Hedge Fund experiment. It aims to integrate neural net technology into leverage trading decisions on decentralized platforms. The initiative intends to generate profits for further development. NFAi also aims to offer incentives to token holders through buybacks, burns, and a forthcoming staking module.

The project is structured around three primary divisions: Athena, Canis, and Hecate.

Definitely @nfalabs with their #ecosystem of $NFAi and $N

– #Athena: AI Powered Hedge Fund currently up 50% since launch 3 months ago
– #Canis: Lending on Shibarium
– #Hecate: Insurance for Crypto and cryptos biggest furnace of tokens with $N

Wanna know more? Ask @athenagpt,…

— KEYSTONE (@keystoneskier_) August 24, 2023

Athena introduces pioneering algorithms, Alpha and Beta, leveraging quantitative and qualitative trading strategies to optimize decisions and ecosystem flow.

Canis operates as a lending protocol within the Shibarium ecosystem. It aspires to establish a secure liquidity mechanism while contributing to DeFi sector growth. Hecate acts as a “Definsurance” component, enabling users to submit claims against hacks and rug pulls. This instills trust among NFAi holders.

NFAi’s integration of neural networks, lending protocols, and definsurance showcases its dedication to advancing the decentralized finance (DeFi) landscape. The project’s commitment to strategic growth and risk mitigation within the DeFi realm positions it as a noteworthy player in this evolving space.

AthenaGPT Behind NFAi Price Surge

A core element of the Not Financial Advice ecosystem, AthenaGPT is an AI-driven DeFi trading platform. Its portfolio management encompasses 35+ crypto pairs, predicting and executing real-time price shifts through automatic long/short positions. The integration of artificial intelligence learning extends to futures trading, amplifying ecosystem profits.

Operating around the clock, AthenaGPT gauges market sentiment from major platforms, allowing users to profit during bullish and bearish markets. This union of AI and DeFi promotes financial inclusivity by reducing dependence on centralized bodies, potentially revolutionizing finance.

A $NFAi is redefining the reality of AI trading driven by Neural networks and is lending on #Shibarium Chain

Net profit of 48.5% since @AthenaGPT 's inception, with total trades closing above 20k

$486k burnt & surging vol, @nfalabs is looking for more dev & NFTs work to push. pic.twitter.com/SBiCMn9oFy

— 🦧Mr. APE aka GEM Hunter💎 (@deg_ape) August 29, 2023

Since its inception, AthenaGPT has yielded a remarkable net profit of 48.5%, closing more than 20k trades. This element of the NFAi ecosystem is what drives the NFAI token prices higher.

NFAi Price Analysis

The NFAI/USD daily price chart reverses the coin’s downward trajectory. It finds support at $0.1007 and subsequently undergoes six consecutive sessions of upward movement. Over these six days, the coin’s value has impressively surged by 50%. On August 30, the NFAI token experienced a 6% surge, reaching the $0.1520 mark.

As of press time, NFAI price endures selling pressure, potentially due to profit-taking triggering a price correction. However, the outlook indicates this dip is likely temporary and could fortify the ongoing bullish momentum.

Technical indicators, including MACD histograms, ascend above the zero line into positive territory. This indicates a potential price increase ahead. Concurrently, EMAs suggest an imminent crossover, with the upward-pointing 9EMA nearing the 26EMA. Such a crossover would enhance bullish signals. Yet, the RSI hovers near the mid-line, reflecting uncertain market sentiment.

In the event of continued price increases, initial resistance awaits at the $0.1609 level, marking a 17% rise from the current level. A breach and closure above this line could initiate further upside momentum toward the $0.1993 level last observed in mid-July.

NFAi price — TradingView: NFAI/USD 1-day chart

Conversely, a price decline would initially find support at $0.1303, aligning with the 26 EMA line. A breach beneath this level could push prices downwards to $0.1007, where the recent surge commenced six days ago.

Alternative to NFAI

A prominent participant in the 2023 meme coin presales, Wall Street Memes, achieved a remarkable accomplishment. Presale sales surpassed the $25 million mark in initial funding.

The project is experiencing a tangible buzz as it enters its thirty-first and final presale round. It uses the growing trend of employing memes for most expressions and content. This levels the playing field for everyone investing in cryptocurrencies.

The development team envisions a post-pre-sale rollout of WSM on tier-one exchanges, improving its liquidity and increasing its market presence.

On the Ethereum network, $WSM is an ERC-20 token with a maximum circulation of 2 billion tokens.

Instead of establishing modest presale caps between $50,000 and $2 million, WSM sought and successfully achieved a much bigger hard cap. This early success demonstrates its undeniable attractiveness among retail investors.

The token was developed to honor the anti-bank investors who took on Wall Street by tokenizing the community’s strong attitude. It serves a dual purpose. First, it represents the anti-bank movement in a tokenized manner. Secondly, it reshapes the value attributed to digital assets.

WSM Staking Mechanism, Insights

Those who want to start reaping the rewards of staking WSM can do so today. These benefits are determined by the APY and the stakeholder’s proportional part of the $WSM staking pool.

As of the most recent staking update, 250,981,972 WSM has been staked, resulting in an estimated APY of 80%. Also, out of a total of 1.6 billion WSM tokens, 75 rewards are given per block as part of the project.

That level of commitment paves the way for more outstanding steadiness and resilience. This, in turn, has the potential to dampen the wild price fluctuations that often follow the introduction of new products.

Final Reminder to Investors‒WSM Presale Concluding Soon

The presale of Wall Street Memes may finish in a matter of days. The project’s popularity and the enthusiasm of its backers led to a presale of almost $25 million.

There are only 27 days left for investors to buy WSM at the presale stage price of $0.0337 before the value surges. Investors can buy them on the WSM website with Ethereum (ETH), Tether (USDT), or their credit cards.

Don’t miss out for any reason.