Blockchain Analysts Just Added This New Coin to Their Portfolio – What Do They Know?

As Bitcoin prepares for its next halving event, expected post-April 2024, blockchain analysts are showing interest in yPredict, an AI trading platform currently in the latter stages of its crypto presale. The attention to yPredict comes on the heels of predictions by crypto analyst PlanB, who anticipates a bullish phase for Bitcoin extending into the first quarter of 2025.

PlanB’s “stock-to-flow” model forecasts a bright future for Bitcoin, emphasizing the cryptocurrency’s increasing scarcity as a key factor driving its price. Bitcoin’s issuance rate drops by 50% approximately every four years, making it progressively scarcer and potentially more valuable. 

The analyst expects the upcoming bull run to last a minimum of eight months, culminating in a cycle high for Bitcoin in early 2025.

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yPredict’s Crypto Presale: The Details

yPredict is currently in Stage 7 of its token sale, with less than $300,000 left to raise before the token price rises from $0.10 to $0.11. The platform plans to hit a final target of $6.5 million and has so far secured $4.22 million. 

The total supply of YPRED tokens is limited to 100 million, 80 million of which are allocated for the presale. When the platform reaches Stage 8, 17.5 million tokens, or 21.875% of the total supply, will be up for sale at a value of $1,925,000. yPredict’s internal estimates suggest that the annual percentage yield (APY) could be as high as 45% each quarter.

AI-Enabled Trading Tools: A Comprehensive Suite

yPredict offers a broad range of AI-based trading tools. Apart from trading signals, the platform is developing products like yPredict Predictions, yPredict Analytics, yPredict Repository, yPredict Terminal, and yPredict Marketplace.

“Our goal with WriteMingle is to allow people to focus on big picture content strategy and creation, while letting AI handle the time-consuming busywork like proofreading and SEO optimization,” said Raj Sharma, the CEO of yPredict.

One unique feature of yPredict is its staking rewards system for token holders. The platform has announced that it will channel 10% of its subscription revenues into a staking pool, from which rewards will be distributed to YPRED token holders. This could serve as an extra incentive for participation, supplementing the AI-based trading tools already available on the platform.

As the investors turns their eyes toward Bitcoin’s next halving and the anticipated bull run, blockchain analysts are also closely watching crypto startups like yPredict. 

With its AI-driven trading tools and an ongoing crypto presale, yPredict is drawing attention for its diversified services and staking rewards. While it’s too soon to predict the platform’s impact on the broader trading and crypto sectors, its multifaceted approach—combining AI analytics, trading, and content generation—makes it a project worth keeping an eye on.

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_{Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.}