The crypto market is currently full of buzzing investment options. However, this article will focus on three leading cryptocurrencies – Pepe (PEPE), Algotech (ALGO), and Dogecoin (DOGE). ALGO is a newly launched cryptocurrency whose presale is live. Moreover, the platform has raised over $1.7 million within the initial weeks of its launch.
Dogecoin (DOGE) Whales Book Profits
The Dogecoin community is jubilant as the DOGE ecosystem is witnessing growth on many fronts. In the past seven days, the market price of Dogecoin (DOGE) has increased by 51%. Consequently, the current trading price of Dogecoin (DOGE) has jumped to $0.13.
Meanwhile, Dogecoin (DOGE) has scored a new listing, which can boost its trading volume. The leading crypto exchange in Japan, Bitflyer, has now listed Dogecoin (DOGE). However, the latest staggering rise in Dogecoin (DOGE) has encouraged some whales to book profit.
As per the reports, a Dogecoin whale has shifted a whopping 699.99 million DOGE tokens from unknown wallets to Binance. If this massive sell-off takes place, Dogecoin (DOGE) can witness a drop in its price.
Pepe (PEPE) Makes A Comeback After A Year
Pepe (PEPE) has made a strong comeback in the last week, with its trading volume taking the lead. The latest on-chain data shows that the trading volume of Pepe (PEPE) has increased by a staggering 370% within days. One of the biggest reasons behind this resurgence of Pepe (PEPE) is an “Extreme Greed” market mood.
Notably, the Crypto Fear & Greed Index has hit its highest peak since November 2021, with Pepe (PEPE) being a leading meme coin. Subsequently, the trading price of Pepe (PEPE) has also soared by more than 140% in the past week. Hence, at the time of writing, Pepe (PEPE) is changing hands at $0.00000287. Now, the market capitalization of Pepe (PEPE) has breached the mark of $1.2 billion.
Algotech (ALGT) Presale Pumps Millions
The number of traders using algorithmic trading has exploded in recent years. As per a report, the value of the algorithmic trading market is likely to grow at a CAGR of around 12% by 2032. Therefore, analysts are confident about the enormous success of Algotech (ALGT).
It is a new algo-based crypto platform that offers low cost, and high speed trading, devoid of any emotional bias. Algotech (ALGT) will be using advanced technologies, algorithms, and artificial intelligence. The platform will closely observe real-time market data and trends. This will help traders make quick money while mitigating risks. Besides, Algotech’s (ALGT) trading bots will assist users in altering their trading strategies at any time.
Algotech (ALGT) promotes social trading as well. On this platform, traders can share their experiences and trading strategies with others. Simultaneously, they can replicate the trade strategies of other successful traders. Crypto enthusiasts are getting attracted towards Algotech’s (ALGT) high profitability. Its token owners will get a percentage of the platform’s revenue. Moreover, Algotech (ALGT) users will get a plethora of benefits and rewards.
Its active users will get entry to the reward program, which will have eight levels. Each stage will offer users a specified percentage of the project’s profit. It’s 1% for users at the first level, and 10% for the eighth level.
Algotech’s (ALGT) presale has completed its first stage, and the second stage is selling out fast. At press time, you can buy an ALGT token for just $0.06, a 50% increase from stage 1. Interestingly, the token’s price is expected to spiral by 275% during the presale phase.
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The post Dogecoin (DOGE) Exchange Supply Surges As Pepe (PEPE) And Algotech (ALGT) Record Big Achievements appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing.
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