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Home Press Release

PEPE Crypto Hype is Short-Lived as Avorak Utility Makes Memecoins look Pointless

blockzeit by blockzeit
May 27, 2023
in Press Release
Reading Time: 3 mins read
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Avorak

Avorak

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Among the popular cryptocurrencies, meme coins have been a hot topic. Meme-inspired coins like PEPE have generated market hype, especially this particular coin, named after Pepe the Frog. However, its hype has been short-lived, and projects like Avorak AI bursting with utility are entering the market and making meme coins like PEPE seem pointless.

What is PEPE Crypto?

Pepe Coin (PEPE) is a famous meme coin launched in April 2023 and is built on the Ethereum blockchain. It listed among the top 50 traded cryptos shortly after launch. The coin has garnered a massive audience driving its value by a staggering 7250% in less than three weeks. However, the coin experienced a massive dump drop from its all-time high. Ironically, the coins have no intrinsic value or utility. As such, Avorak AI’s utility seamlessly shows its advantage over such meme coins as it provides real use cases.

Pepe the Frog Meme

Pepe Coin is an offspring crypto from Pepe the Frog internet meme. The meme is based on the 2005 comic character of cartoonist Mat Furie. Pepe the Frog meme has various appearances based on facial expressions, which can also be edited to different contexts, majorly smugness. Many radical internet groups have picked the Pepe meme and earned it a unique cultural significance.

Avorak’s differences and benefits over meme coins

Avorak AI’s utility is decentralized and focuses on DeFi. Unlike any other, it’s also user-friendly, making it accessible to a wider audience. The AI crypto offers many essential innovative features, including staking and powerful AI tools.

As such, users can earn rewards from staking Avorak AI’s native currency, AVRK. It also offers top-of-the-line AI services, according to various crypto experts that accessed its first beta test. Avorak AI provides a trading platform to employ AI training algorithms to identify perfect market entries across multiple time frames to maximize profits. The best part about this feature is that it only requires a simple command line input. 

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Unlike meme coins like PEPE, Avorak AI’s utility is not reliant on the hype since it’s a sustainable and reliable project that provides long-term utility. Furthermore, AI crypto provides solutions to market challenges, including accurate analysis and internet scraping in text generation for its AI services that can be implemented in various sectors like marketing and trading.

Moreover, Avorak AI is set to play a major role in the crypto market, aiming to disrupt the AI and crypto sector by melting the power of both worlds into one project.

Take Away

Avorak’s utility is sure evidence of how the platform is set to revolutionize the digital world. Memecoins like PEPE may generate a lot of hype, but they are likely short-lived and based on pure speculation.

Get more on Avorak here:

Website: https://avorak.ai

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

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