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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.
