Injective (INJ) Surfs AI Waves; Is This AI Crypto Token Ready to Hit $0.5?

The post Injective (INJ) Surfs AI Waves; Is This AI Crypto Token Ready to Hit $0.5? appeared first on Coinpedia Fintech News

Artificial intelligence (AI) is the talk of the time for the last few months. People regardless of connection with technology are keen for opportunities in the emerging tech. Cryptocurrency space, especially the projects linked to AI, have also reflected on the growth. The AI market size is expected to go beyond $700Bn by the end of this decade and the crypto projects relying on the technology surely have a share in it. BTC and ETH along with the broader crypto market are well-positioned to take advantage of potential benefits in the wake of AI and crypto merger. 

One of the complex issues that AI tech solves is to avail crucial market insights and make informed and accurate decisions. The emergence of decentralized finance (DeFi) brought decentralized exchanges (DEXs) to cater demand of security, decentralization and autonomy. The number of these Dex platforms shot up by a large extent. 

Bigger pool gives the user an advantage to pick according to the choice but it also creates confusion. The DeFi analytics platforms like DexCheck comes handy in such situations. Analysis of DEX platforms across the space is not an easy procedure but DexCheck intends to simplify the complex process. 

DexCheck is a state-of-the-art DeFi analytics platform. Its specifications and offerings make it distinct from competition. Investors regardless of their experience in the space, veteran or novice, can find DexCheck a much needed tool. 

When in the market, traders and investors seek key insights within the market which can be as tough as finding a needle in the haystack. DexCheck helps to filter out crucial information and market insight from voluminous data. The crypto market is continuing to expand at a much higher rate than ever and the next big thing could be anywhere down the road. 

Popular memes coins, for instance, were taken as a joke initially across the market but few actually saw the potential. The handful of such opportunistics saw tremendous profits when the bull run triggered a massive rally in these tokens. With DexCheck in action, investors and traders are hunting potential projects in their infancy to multifold their investments once it gets to the sky high.

DexCheck is responsible for carrying out comprehensive and in-depth analysis on behalf of users. The user-interface (UI) is simple and brings insights in a no-nonsense manner. Among other Dex analytics platforms. DexCheck establishes a unique identity for data reliability and accuracy which is possible after integration of cutting-edge tech such as AI and machine learning. Using these tools, the platform manages to work on an abundance of market intelligence and turn into actionable insights. 

The native token of DeFi market analytics platform, DCK, is treated as the heart of the ecosystem. And the crypto asset deserves such kind of recognition given the offerings and utilities it brings to the table. DexCheck provides much of the information for free but the pro version carries additional benefits. DCK token offers users with access to DexCheck Premium. 

DCK token holders get the governance rights in the project’s DAO along with offers including early access to private sales and other staking benefits. Leading crypto exchanges KuCoin and PancakeSwap offer DCK staking. 

Given the popularity of the platform, DCK token saw impressive growth since its launch in July this year. The growth of DCK token trading price in the past few months is nothing short of extraordinary. 

Currently, DCK token is trading at $0.035 after rising over 10% in the last 24 hours. The token saw notable growth of more than 60% in a month. The token sits on a market capitalization of over $6.2 Million. Considering it took less than a year after launch to attain the milestone, DCK token holds the potential to turn early investors to millionaires in upcoming time. 

The growth of DCK looks promising given the evident surge in value of Injective (INJ), another AI-focused DeFi protocol. INJ saw a massive surge of nearly 150% in the last month. At present, it is trading at $41.9 after jumping 6.7% in a day. The token is surely riding the ongoing AI waves and made it to the top assets across the market.