YPredict.ai Price Prediction: Is Ypredict Legit?

Latest YPredict Presale News

YPredict is currently in its seventh phase of presale, with 1 YPRED priced at $0.1
YPredict has raised $3,936,805.95/$4,582,551.25 so far in its presale.
Social Media Buzz: Trending Higher
Social Media Sentiment:
- Last 7 days: +25.4%
- Yesterday: -33.4%
- Today: +1.2%
YPRED will be listed after its 8th phase of presale.
According to YPredict’s Twitter page, they are in the process of developing models that combine ARIMA and LSTM techniques to create accurate forecasts for Bitcoin and Ethereum prices. Also, their subscription marketplace will facilitate connections between quantitative analysts and traders.

Listing Price: $0.12

YPredict Launch Date: September 2023*

*Specific dates have not been confirmed by official sources

YPredict.ai Price Prediction: Is YPredict a Good Investment?

What is YPredict.ai?

yPredict.ai is a platform for trading research and analysis. It brings together AI/ML experts, financial quants, and traders to provide data-driven insights for making better trading decisions. The platform offers a range of analytical tools and platforms designed to deliver state-of-the-art financial predictions using alternative data sources.

Features of Ypredict

yPredict.ai offers data-driven insights and proven analytical metrics.
The platform includes a prediction marketplace where financial data scientists can offer their predictive models as a subscription service.
Financial data scientists can sell their model predictions without the need for trading operations or finding a market for their models.
yPredict.ai bridges the gap between complex financial markets and traders by providing reliable information.
Traders can make informed trading decisions based on data-driven insights provided by yPredict.ai.

YPRED Token and its Utility

YPRED is a token that fuels the yPredict ecosystem of advanced trading tools and marketplace. It is built on the Polygon Matic chain, offering valuable utilities and staking opportunities.

YPRED tokens provide various use cases within the yPredict ecosystem, including:

YPRED token holders can use their tokens to analyze different coins and access data-driven insights and metrics for making informed trading decisions.
Through the yPredict Marketplace, YPRED tokens can be used to subscribe to predictive models offered by financial data scientists, gaining access to their valuable trading signals and predictions.
YPRED token holders have the opportunity to participate in voting on the yPredict Marketplace and contribute to decision-making processes.
The tokens can be staked in high APY% staking pools. Unlike traditional staking pools with fixed liquidity, yPredict’s staking pools derive their liquidity from 10% of each new user’s YPRED deposit.

Tokenomics

Token Allocation:
- Total tokens: 100M
- Presale: 80M
- Liquidity: 10M
- Development: 5M
- Treasury: 5M

Updated Roadmap

Phase 1: Build (Q2 2023 – Q1 2024)
- New tools and products:
  - Backlink Calculator (June – July 2023)
  - WriteMingle (August – September 2023)
  - yPredict Predictions (September – October 2023)
  - yPredict Analytics (November – December 2023)
  - Data Repository (Coming in Q1 2024)
  - yPredict Terminal & Marketplace (Dates to be announced)
  - Token Development & Sales, Listing & Promotions (Set for Q1 2024)
Phase 2: Grow (Q2 2024 – Q3 2024)
- Objectives:
  - Stabilize Core Offerings (Q2 2024)
  - Community Growth (Expanding throughout Q2 2024 – Q3 2024)
  - Aim for a 100M Market Cap in Q3 2024
Phase 3: Engage & Scale (Q1 2024 – Onward)
- Goals:
  - Achieve a Fully Developed Ecosystem by Q1 2024
  - Launch Large-Scale Marketing Campaigns (Starting in Q1 2024 and continuing)
  - Token Launch (Scheduled for Q1 2024)

Considering its features and use cases, YPredict seems to present a promising investment opportunity.

YPredict.ai Coin Price Prediction: What Makes YPredict Unique?

yPredict.ai’s mission is to develop AI-powered trading tools that go beyond traditional methods. Its tools are designed to filter out market noise and provide insights that can help traders make more informed decisions with a higher statistical edge.

Key Components of yPredict Analytics Platform:

Pattern Recognition: Automatically detects and alerts traders about over 100 chart patterns, providing a confidence score based on recent pattern performance.
Sentiment Analysis: Analyzes news and social media content related to the asset being analyzed, offering an overall sentiment to traders.
Indicator Analysis: Tests and filters out ineffective technical indicators, listing only those that have performed well on recent market data.
Transaction Analysis: Analyzes transactional and tick data for each asset, generating useful data-driven insights.

The yPredict Analytics platform operates on a freemium pricing model, offering free, active, and pro trader membership levels.

Products that YPredict Offers

YPredict Marketplace

The yPredict Marketplace is a platform that aims to connect AI/ML developers with traders in the financial industry. Traders and investors can subscribe to these models on a monthly basis and receive real-time results through the yPredict platform. This allows developers to generate passive income by offering their models without needing to engage in trading activities themselves.

The yPredict Marketplace charges a marketplace fee of 20% on the subscription price. Out of this fee, 10% goes to YPRED token holders, and the remaining 70% (before taxes) is given to the developers.

By connecting skilled developers with traders, yPredict Marketplace aims to create a mutually beneficial ecosystem for both parties.

yPredict Analytics Platform

The yPredict Analytics Platform offers a range of powerful features to simplify financial analysis. It automatically detects and alerts users about over 100 chart patterns, providing the pattern name and confidence score based on recent performance.

Additionally, the platform conducts sentiment analysis on news and social media content, offering an overall sentiment analysis if it mentions the analyzed asset name or symbol. With indicator analysis, hundreds of technical indicators are tested and filtered to present only the ones that have performed well in recent market data.

The platform also performs transaction analysis, examining transactional and tick data for each asset to provide data-driven insights. Operating on a freemium pricing model, the platform offers free, active, and pro trader membership levels.

yPredict.ai Market Predictions platform

yPredict.ai Market Predictions platform is a free and open platform where users can check price predictions for coins and securities. The predictions are generated using their own advanced predictive models and models developed by trusted marketplace developers.

Also Read: Mooky Coin Price Prediction

Is Ypredict Legit?

The Coinsult audit of YPredictToken’s smart contract highlighted a mix of strengths and areas of caution. Strengths

The token has implemented several measures against centralization.
The owner cannot mint new tokens, blacklist addresses, set fees above 25%, or arbitrarily pause the contract.

Vulnerabilities

Potential vulnerabilities arise from its interactions with third-party protocols, specifically Uniswap and Pancakeswap. While the audit trusts these third-party entities, real-world risks remain, such as the possibility of these platforms being compromised.
The audit also flagged that the contract owner retains the privilege to exclude specific addresses from fees, suggesting the potential for selective preferential treatment.
Regular monitoring of third-party dependencies was recommended to mitigate unforeseen risks.

YPredict.ai Coin Price Prediction: Can YPRED Reach $10?

In order for YPRED to reach $10, it would need to increase in value by 83 times (considering its listing price of $0.12). Assuming a yearly growth rate of 25%, it would take approximately 5.3 years for YPRED to reach the price of $10.

Ypredict Price Prediction: Reddit Discussion

People aren’t talking much about Ypredict on Reddit, but there’s a recent discussion about YPRED possibly being a scam.

According to the discussion, people believe Ypredict might be a scam for the following reasons:

They claim to have top AI experts.
Founder Raj Sharma has a basic LinkedIn and a communications degree.
No “blockchain and IT” experts are listed.
They offer a suspicious 45% APY.
Their claims of advanced tech don’t match the founder’s background.

How to buy Ypredict?

The following are the simple steps to buy YPRED:

Connecting the Wallet:
- On Mobile:
  - Open “Metamask” or “Trust Wallet” on the phone.
  - Visit its website via the app’s browser.
  - Click “Connect Wallet” and approve.
- On Desktop:
  - Open Google Chrome.
  - Click “Connect Wallet”.
  - Approve using the Metamask extension.
Choose How to Pay:
- Pick the payment type: ETH, BNB, MATIC, USDT, or credit card.
- Decide how much you want to spend or the number of tokens you want.
- For ETH, BNB, and MATIC:
  - Enter the amount.
  - Click “Buy Now”.
  - Confirm on Metamask.
- For USDT:
  - Enter the amount.
  - Click “Buy Now”.
  - In Metamask, select “Use default” for spending.
  - Click “Next” and then “Approve” twice.
- For Credit Card:
  - Enter the amount.
  - Click “Buy Now”.
  - Follow the KYC steps.
  - Enter the card details and confirm.
Check the Tokens:
- After buying, connect your wallet on its site.
- Check the token balance.
Get/Claim Your Tokens After Presale:
- When the presale is over, connect your wallet.
- Click “Claim tokens”.
- Confirm on Metamask.

~Charu Taneja

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

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