14 November 2018, 15:11
2 min reading
November promises to be quite an important period filled with different events for Crypterium. We have finally entered the US market opening of a new office in Silicon Valley. There’s a new partnership to be announced this week that will help us enter the Asian markets. Finally, a neural network called Zorax has predicted extraordinary
November promises to be quite an important period filled with different events for Crypterium. We have finally entered the US market opening of a new office in Silicon Valley. There’s a new partnership to be announced this week that will help us enter the Asian markets. Finally, a neural network called Zorax has predicted extraordinary high growth of CRPT token. Is this forecast trustworthy?
Let’s find out what Zorax actually is, and how close are AI predictions to the truth.
A neural network called Zorax positions itself as a new AI-powered platform developed to predict the next Bitcoin. It analyzes over 120 factors that can influence the token price, from order books and trades to volume and volatility. The system detects hundreds of facts, mentions, trades, signals, opinions and same info elements concerning the crypto world and crypto community that are available on the Internet. It is constantly learning by consuming vast amounts of data rapidly making decisions and choices that humans would struggle to match and all that makes prediction algorithm more and more intellectual over time. Based on the analyses, Zorax generates cryptocurrency price forecasts for one month period.
To learn the prediction of a particular coin you should pay your attention to the first column (see the table above). If this number is less than 0,5, the prediction should be regarded as negative. As you can see, Crypterium index equals 0,57077, that indicates on the positive tendencies in the growth of CRPT to the end of this month.
The AI-algorithm generates new forecasts concerning changes in the price of the top 100 performing coins (excluding Bitcoin) each month. You can learn its predictions for the past time month periods here and find out which of them have come to life. For example, in October some coins (Basic Attention Token or Quantum Resistant Ledger) have shown the growth results quite close to the predictions.
Note: The AI algorithm does not give accurate forecasts and guarantees concerning the coin price changes and can make a mistake.
Crypterium is building a mobile app that will turn cryptocurrencies into money that you can spend with the same ease as cash. Shop around the world and pay with your coins and tokens at any NFC terminal, or via scanning the QR codes. Make purchases in online stores, pay your bills, or just send money across borders in seconds, reliably and for a fraction of a penny.
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