XRP Struggles in February as Ozak AI Gains Traction with AI-Based Blockchain Project

The movement of XRP has caused some concern as history proves that the cryptocurrency tends to be bearish in February.

February has not been kind to XRP, with an average monthly return of -3.00% in regulated cryptocurrency markets since 2014. Cryptorank data shows some significant drops, including a 33.4% depreciation in 2014 and decreases of 10% in 2017, 2018, and 2021. There have been brief moments of price upsurge this February, and XRP is trading at 26.3% higher in 2022; however, most Februarys have seen XRP in the red.

Recently, the market has seen XRP drop below the crucial $3 mark in 24 hours, reaching an intraday low of $1.94 and experiencing a decline of over 15%. At press time, XRP is trying to recover from the recent loss and trading at $2.57, showing a 10% increase in the last 12 hours.

At press time, XRP is trading at $2.35, showing a massive 15.36% drop within the last 24 hours. This has slipped from the previous price of $2.78, with the sellers at the apex of the marketplace. Some analysts have predicted that such a pattern is likely to persist in the future if there is no outstanding positive change.

While XRP seems to be having its occasional negative shocks, another company, Ozak AI, has grown in the blockchain AI-based company space. The platform employs artificial intelligence with the elements of DeFi to provide predictive analysis of the financial and stock market for the users of the platform with the further purpose of decision-making and risk management.

It has Prediction Agents (PA) for real-time data processing and Ozak Stream Network (OSN) for incorporating AI models as per the requirements of the users. These features have attracted many investors who are focusing on finding effective ways to trade in the highly unpredictable market of cryptocurrencies.

The Ozak AI presales and the company’s future prospects

The presales of Ozak AI continue to generate more interest after it sold 152,773,977 $OZ at over $750,000 in the third phase. The current price of $0.003 offers an opportunity for early investors to benefit from potential gains as analysts predict the token could reach $1 by 2025 with a listing price of $0.05. The platform’s native token, $OZ, plays a central role in its ecosystem, enabling governance participation, transactions, and premium feature access.

The main idea in the development of Ozak AI is the combination of both blockchain and artificial intelligence that puts it at the forefront of the FinTech industry. Outsourced Decentralized Networks, such as the Decentralized Physical Infrastructure Networks (DePINs), make it easy to manage scalability and reduce the risk of security.

The emphasis on the analytical capabilities of the platform has found a good response among the target audience of high-net-worth individuals who expect such an instrument to help make the most of their investments. Since there is increasing concern about utilizing AI in modern solutions, Ozak AI has enormous potential for developing the new generation of digital finance.