For the past few months, VAIOT has been one of the best-performing cryptocurrencies in the market, with its price surging by 450% in December and already up by almost 20% this month. In today’s trading session, the long-term bullish trend is also looking poised to continue, with its value up by over 10%.
What is VAIOT?
VAIOT is a technology company that uses artificial intelligence and blockchain to develop intelligent virtual assistants for businesses. These assistants serve as a digital channel for selling and delivering products and services, as well as facilitating transactions. They can be accessed through a natural user interface, such as voice conversation, on mobile devices.
In addition to providing AI-based legal services, like creating custom contracts, the assistants are able to facilitate B2C and C2C transactions between users with the use of VAIOT’s blockchain and VAI tokens. They also offer businesses a new way to access services and adapt to the modern business environment.
It is regulated under the Maltese VFA Act, which requires the company to maintain high operational standards. In the event of a hack, investors are fully reimbursed. The VAIOT token is available on several exchanges, including Gate.io and KuCoin.
At its core, VAIOT is an innovative company that uses cutting-edge technologies to create a new digital channel for businesses to sell and deliver products and services, as well as make transactions.
VAIOT Price Forecast for 2023
Besides having good utility, as seen from the above summary of what the project entails, the recent price action indicates that Vaiot is in a strong bullish trend. After gaining 450% in December, the Vaiot price has surged by almost 20% in the first six trading sessions of the year and continues to give a signal of continued price gains.
Looking at the chart below, it is clear that we might be at the start of another aggressive push to the upside. Therefore, my Vaiot price forecast for 2023 expects it to continue rising, with a possibility of hitting the $0.1 price level within the next few weeks. However, a drop below the $0.38 support level will invalidate my long-term bullish view of the cryptocurrency.