TrueNorth Launches AI Crypto Discovery Engine, Raises $1M in Funding
Crypto trading is evolving with AI and automation, simplifying data analysis for investors. Key developments include:
- Personalized search engines to identify tokens matching trading strategies
- Bots that detect high-potential opportunities
- Automated trading with risk management features
TrueNorth's AI Discovery Engine
TrueNorth is launching an AI-native investing tool that streamlines market research and strategy formulation. Currently, 500 beta testers are evaluating the platform. The Singapore-based firm has raised $1 million in an angel round for further development.
The technology aims to create a personalized trading assistant that enhances individual investment capabilities.
Snorter Token ($SNORT) and Snorter Bot
Snorter Token powers a Telegram-based bot designed to identify promising meme coins rapidly. The bot offers features such as:
- Automatic sniping of trades
- Stop loss/take profit orders
- Honeypot and rugpull detection
- Copy trading
The bot will expand beyond Solana to Ethereum, BNB, Polygon, and Base. Currently, $SNORT tokens are priced at $0.0949, with over $628K raised in presale.
Conclusion
AI and automation are set to transform crypto trading, moving away from manual processes towards smart, automated solutions. Investors should remain cautious due to market volatility.