DexCheck AI uses Artificial Intelligence and Machine Learning for analysis to help in decision making through features such as market data, token statistics and risk analysis.
Since April 2024 there has been an emergence of over one million new tokens and the trader is in a dilemma on which token to invest in. This results in either the opportunity’s loss or poorly made trades due to insufficient knowledge.
That is why, in many ways, a challenging task is to provide the reliability of data and their actual reflection of the situation in the crypto market. However, there is evidence of a decline in the value received by illicit addresses, yet scams and fraudulent activities remain rife, which significantly hinders traders’ ability to avoid hazards and conduct safe transactions in the market.
There exists a vast array of tools that enable users to track and analyze specific features of the crypto market, nevertheless, there is a lack of tools that enable users to receive integrated and multifaceted analytics.
Moreover, many of these tools are difficult to learn and apply, thus can greatly hinder the market’s development as potential investors cannot manage to grasp interfaces and analyse fragmented information.
AI in application to analyze the cryptocurrency trade for the traders
To fill this void, DexCheck AI which is a crypto analytics platform gives guidance to traders and investors to enable them make the right choices. Built with AI and ML algorithm, the platform focuses on the data from decentralized exchanges (DEXs) and Non-Fungible Token (NFT) markets to optimize trading.
DexCheck AI has the following main features that improve the trading process: A wide range of token analytics provided by the platform includes the latest information on the market and tokens on the main blockchains. Using advanced analytical tools, the framework helps to follow the market movements and make decision based on it.
The insightsFrom all the available investment assistant software programs, GPT is among the most sophisticated that employs the AI technology. It has been observed that there has been an increase in the over accuracy in the recent weeks after making certain back-end enhancements. This is far from being the reason why the application still progresses.
InsightsGPT operates… pic. twitter. com/EujVFELC7K
— DexCheck AI (@DexCheck_io) May 20, 2024
The Dump Risk Radar assists the users in tracking the possible risks and estimating the likelihood of a low price in the future, and therefore, the user of DexCheck AI will be able to select tokens with high unrealized gains. The tool offers detailed risk reports; thus, users can control their investments better. The detailed analytics allows users to be more informed which in turn reduces losses and increases the possibilities of the investment strategies.
We are pleased to announce that the Dump Risk Radar feature is now live on DexCheck!
With Dump Risk Radar, we’ve added another powerful tool for our premium users, extending our position to providing AI-boosted analytics tools for crypto trading.
Dump Risk Radar features… pic.twitter.com/4ZqnffMi88
— DexCheck AI (@DexCheck_io) June 3, 2024
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Decrypting market movements
DexCheck AI’s Wallet Analyzer contains certain information about a specific crypto wallet, such as the trading history of the wallet, P&L statement, holdings, entry and exit prices, etc. It enables the traders to conduct a deep analysis of wallets’ operation and their activities.
With Crypto Whale Tracker in DexCheck AI, users can also follow market movers and be able to observe essential information for possible big market trends. The tool provides information on trading behemoths also known as whales within the market.
With an aim of bridging users to the crypto projects funded by leading VCs, the launchpad platform of the initiative, DexCheck Pad, has already launched nearly $5m worth of initiatives. This platform provides the traders with the chance to participate in the promising new ICOs that are supported by professionals.
Following the same trend as other Web3 launchpad platforms, the DexCheck Pad contains different levels of public IDOs, private sales, and other features that need different amounts of staked DCK tokens, which is an AI native token.
Early access to crypto projects with native token
The DCK token is central to the DexCheck AI ecosystem, offering users access to advanced features and benefits through staking:The DCK token is central to the DexCheck AI ecosystem, offering users access to advanced features and benefits through staking:
Premium features: By staking the DCK tokens, the users will be able to unlock additional benefits on the DexCheck AI such as additional analytics and forecast models.
Participation in DexCheck Pad: DCK token holders can buy tokens in private and public sales of the new promising cryptoprojects through DexCheck Pad and thus become investors in promising projects.
Staking rewards: The users will have the ability to stake DCK tokens and this comes with the ability to earn rewards which increases the returns that come with holding the tokens.
Governance participation: Tokenholders can have the right to vote on matters concerning the DexCheck AI platform, including on the development of features and improvements to the platform.
As a result, DexCheck AI aims to become the leader of the artificial intelligence revolution in the digital economy based on data and machine learning. Such services as DexCheck help traders receive an expanded set of integrated information and minimize the difficulties in their analysis, which is crucial for dealing with numerous competing and unpredictable digital currencies on the market.
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