Avalanche's London Summit A Success? Ruvi AI's 20,000% Gains Questioned

The crypto world is buzzing. Avalanche's London Summit supposedly paved the way for greater transparency and liquidity, while a newcomer named Ruvi AI is promising astronomical returns. Is there really room for both of these narratives to be true? Or is this the classic smoke and mirrors vs slow and steady?

Summit's Promises, Are They Real?

Avalanche’s London Summit tackled the issues of transparency, liquidity and providing a solution for locked tokens. Great! The price recently made a conservative 2.3% daily rise to $21.10, paired with strong trading volume at $320 million. The discussion revolves around going deeper into unlocking liquid assets and attracting much more investor confidence.

Ask yourself: have you truly seen a tangible improvement in transparency on the Avalanche network since the summit? No, because it’s harder to track transactions. How do we learn from smart contract risks and pursue adequate accountability for projects beyond the white papers, press releases and nuanced medium posts. These are questions we must ask. This isn’t an anti-AVAX screed, it’s just about making sure AVAX lives up to what it promised. A summit may be a good start, but it’s all about the execution. Remember the Fyre Festival? Great marketing, zero delivery.

Ruvi AI: 20,000% Gains? Really?

Ruvi AI promises you 20,000% returns in the bull run. For every $10,000 invested, the dream suddenly becomes reality, turning into $6 million. This is where my skepticism kicks into high gear.

Let's connect some dots. We’re informed that Ruvi layers blockchain technology with AI, focusing on logistics, fraud detection, and predictive analytics. They launch with a super low token supply of 1.5 billion to artificially create demand. Sounds impressive, doesn't it? Almost too good to be true. And that's precisely the problem.

Where's the proof? Where’s the proven real world use-case that shows this AI is having any impact in these industries. A whitepaper and a website aren't enough. We’ve been burned on too many projects that over-promise and under-deliver. Remember Bitconnect? The similarities are unsettling.

The fact that this disclaimer is buried at the bottom of Ruvi’s promotional material, warning that these cryptocurrencies may be scams, is frankly damning. Why bring that up at all, if everything is on the up and up? It’s a secret CYA (Cover Your Ass) ploy passed in the dark of night, meant to shield the publishers, not the investors.

What emotions are being triggered here? Greed and fear of missing out (FOMO). Ruvi’s marketing exploits the dreams of get-rich-quick schemes, assuring seemingly unreasonable returns that go against common sense and history. They’re riding the next bull run to pump their schemes, waiting to cash out and kick back before the crash comes, like it always does.

Fear, Greed, and The Crypto Cycle

We’re not trying to imply that every new crypto project is a scam. A 20,000% return? That's not investment; that's gambling. It’s the kind of promise that lures in neophyte investors who are more susceptible to the pull of emotion than data.

The unexpected connection here is the age-old human flaw: our susceptibility to get-rich-quick schemes. And history is full of examples where investors have thrown caution to the wind in pursuit of phenomenal returns. From the South Sea Bubble to the dot-com boom, these audacious steps have laid the financial groundwork. With all its grand promises, Ruvi AI could be the crypto king of rehashing the same old narrative.

So, as Avalanche attempts to develop an ecosystem that will stand the test of time, Ruvi is offering you get rich quick schemes. One’s a marathon, the other a sprint – a sprint that likely ends in a faceplant. Be wary, do your research, and remember: if it sounds too good to be true, it almost certainly is.

So, while Avalanche tries to build a sustainable ecosystem, Ruvi is promising instant riches. One is a marathon, the other a sprint – a sprint that very well might end in a faceplant. Be wary, do your research, and remember: if it sounds too good to be true, it almost certainly is.