Beijing, Jan. 22, 2024 (GLOBE NEWSWIRE) — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) („WiMi” or the „Company”), a leading global Hologram Augmented Reality („AR”) Technology provider, today announced an LSTM-based data analysis system to provide clients with cutting-edge tools to trade in the complex cryptocurrency environment.
As a decentralized digital currency, the price of Bitcoin is affected by a variety of factors, such as market demands, policy regulations, and technological innovations. Therefore, the prediction of price trends needs to comprehensively consider these factors and find patterns from a large amount of data. Traditional data analysis methods make it difficult to handle such complex data, but the LSTM algorithm can solve this problem.
WiMi uses the LSTM algorithm (a machine learning algorithm) to predict cryptocurrency prices, which allows it to more accurately predict the price of Bitcoin. The LSTM algorithm is a recurrent neural network. The system uses a variety
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