The cryptocurrency market is highly volatile at the moment. Bitcoin price is heading to $7,000, while Ethereum price is battling to retrace towards $600. Moreover, Ripple price is barely hanging onto $0.60 while Bitcoin Cash has dropped below $1,000 again. However, not all coins are tumbling, there are some altcoins like Alphacat (ACAT) that is surging in price. The cryptocurrency is up more than 30% in the last 24 hours, besides it is trading at $0.0129 up from $0.006 traded last week.
Alphacat (ACAT) Price Monthly Overview
Alphacat (ACAT) opened the month of May trading at approximately $0.009. It had a trading volume of $1.3 million while its market capitalization stood at $25 million. The bear wave in the market that has dominated since the second week of May and did not spare Alphacat. It corrected lower and even traded lows of $0.005 before embarking on an upward journey that has seen it breaking barriers to exchange hands at $0.0138. The crypto has been catching the attention of traders and investors in the market due to its Al powered robots that assist in trading. Moreover, ACAT has been added to a couple of exchanges in the same month adding fuel to already skyrocketing prices. Its trading volume as we come to the end of May is $8.2 million, besides the market capitalization has increased to $36 million.
AIphacat’s AI-powered Robots: Making Trading Equal for Everyone
Alphacat is a decentralized market-based platform that has been built on NEO blockchain and is promising to level the playfield for all investors in the cryptocurrency market. It utilizes the groundbreaking powerful robot-advisors that depend on Artificial Intelligence to make predictions for traders as well as provide them with tools for analysis. The tools leverage patented trading algorithms and combine them with Big Data for accurate predictions. Alphacat platform is making investments in the crypto space easy and equal for everyone no matter the size of the investment.
AIphacat’s Updated 2018 Roadmap
The team has recently released the updated roadmap for 2018, besides, the community has a lot to look forward to this year. Significantly, the beta version of the in-house developed daily forecasting for BTC is out. The team has already started getting the API (Application Programming Interface) from about four exchanges.
The second quarter of this year is also quite interesting for the community. The team is going to receive the API from at least eight crypto exchanges. Furthermore, they will launch the closed beta versions for prediction of NEO, Ethereum and EOS. Besides, they are still going to launch the daily forecasting beta version for BTC. The most-awaited event of the roadmap is the launch of ACAT store which will allow developers to use the ACAT technology to create their own crypto tools. In the Q3 Alphacat team will release the real-time forecasting for BTC and ETH, moreover they will release the beta version for forecasting Ethereum, EOS and NEO. In the Q4 they intend to receive the API from 16 other cryptocurrency exchanges.
Alphacat (ACAT) Trading Pairs Now Available on HitBTC and Switcheo Exchanges
The team recently announced that their token, ACAT is now available for trading on HitBTC exchange. It can be traded in ACAT/BTC, ACAT/ETH as well as ACA/USDT pairs. HitBTC has now listed three NEP-5 (NEO) tokens and is ranked the 10th cryptocurrency exchange in the world. The exchange is based in Hong Kong and records at least $127 billion in trading volume every year.
On Friday 25, the ACAT token was listed on Switcheo exchange and is now available for trading in ACAT/NEO, ACAT/GAS, and ACAT/SWTH pairs. The exchange is decentralized and was developed on the NEO platform. It is the first DEX for cross-chain token exchange.
Alphacat (ACAT) has had a very successful month of May, moreover, the updated roadmap shows that 2018 will not be a boring one for the community as well as the entire blockchain space focusing on new technologies.