The overall crypto market is highly bullish, and crypto investors are pushing for growth projects. Currently, they are pumping millions in the presale of Algotech (ALGT), which is a newly launched project. The project has raised around $2 million within the first two weeks of its launch. Notably, the interest in Algotech (ALGT) has surpassed the frenzy around leading meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB).
Whales Increase Accumulation Of Dogecoin (DOGE)
Dogecoin investors are currently flying high as the market value of DOGE has been rising constantly. In the past month, the price of Dogecoin (DOGE) has surged by more than 114%. Consequently, Dogecoin (DOGE) currently trades at $0.17.
One of the major reasons behind this rise of Dogecoin is an increased accumulation of DOGE among whales. Notably, the number of Dogecoin (DOGE) whales has significantly increased in 2024. Subsequently, the supply of Dogecoin (DOGE) tokens on exchanges has also plunged. Meanwhile, the trading volume of Dogecoin (DOGE) has witnessed an uptick.
Shiba Inu (SHIB) Soars In Open Interest
The Shiba Inu (SHIB) ecosystem is currently shining with major developments. In recent months, the trading volume of Shiba Inu (SHIB) has soared, largely due to the increased adoption of Shibarium. Besides, the on-chain data shows that the number of new addresses for BONE, another token of the Shiba Inu (SHIB) ecosystem, has also increased.
Due to these expansionary measures, Shiba Inu has been able to generate hype around its SHIB tokens. Subsequently, Open Interest (OI) in Shiba Inu (SHIB) futures has surpassed the $100 million mark for the first time since August 2023. Due to these events, Shiba Inu’s (SHIB) trading price has moved northward by a staggering 280% in a month, reaching $0.000034.
Algotech (ALGT) Presale Bags Enormous Investments
Hello, traders across the world! Get ready to have a revolutionary trading experience and maximize your profits. Algotech (ALGT) will soon launch a new trading platform based on advanced algorithms. Here, you will get top-notch trading services at a low cost, and devoid of any emotional influences.
As per expectations, the market size of algorithmic trading will grow at an annual growth rate of around 12% in the next eight years. Hence, Algotech (ALGT) has shot to fame in no time.
This novel crypto trading platform will use smart technologies, like machine learning and artificial intelligence. In Algotech (ALGT), you will get a platform that can track live market data. Besides, you will be able to make real-time changes to your trades to align with prevailing market conditions. Algotech’s (ALGT) AI trading bots will offer you profitable recommendations too.
You know what’s more? Algotech (ALGT) users can share their trading knowledge with others. Moreover, they can copy the trading strategies of other profitable traders. Algotech’s native crypto is ALGT, and its holders will get several earning opportunities.
Algotech (ALGT) will roll out a reward scheme with eight levels. Each level will give traders a specified percentage of the platform’s profit. This profit percentage will range from 1% to 10%, depending upon the level.
The presale of Algotech (ALGT) is in high demand. During the ongoing presale stage 2, the price of the ALGT token is $0.06, which is 50% more than stage 1. However, the token’s value will skyrocket by 275% before the end of the presale phase.
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Disclaimer: We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
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