The crypto market has become volatile, and a newly launched Algotech (ALGT) is likely to lead the bulls. The demand for its ongoing presale has skyrocketed, attracting many whales. Subsequently, the project’s presale raised more than $2.5 million within initial weeks. However, the prevailing market volatility has made it difficult for SOL and BNB to sail comfortably. So, let’s see what makes Algotech (ALGT) the most-favored crypto in 2024.
Solana (SOL) records new highs in market cap
The launch of new meme coins on the Solana blockchain has pumped the SOL community. Notably, the market capitalization of Solana (SOL) has hit a new all-time high of $80 billion this year. Besides, the network volumes and active Solana (SOL) wallets have also experienced a massive uptick.
Moreover, Solana (SOL) recently generated $3.2 million in fees in 24 hours, its highest since 2021. Meanwhile, all these developments have led to a spike in the market value of Solana (SOL). Solana (SOL) has surged by 12% in the past week. Consequently, the current trading price of Solana (SOL) stands at $173.54.
BNB drops amid Nigerian trouble
BNB has been plummeting for the past few weeks, hurting the price trajectory of BNB. On the weekly chart, the price of (BNB) has fallen by 5%. Hence, at the time of writing, (BNB) is trading at $601.
Intensified global scrutiny against Binance has been the prime factor causing the drop in BNB. In the latest event, a Nigerian court ordered Binance to provide information about all Nigerian traders active on the exchange. However, BNB has achieved a major milestone amid all these troubles.
According to Binance (BNB), it has surpassed the mark of $100 billion in user funds. This implies that Binance (BNB) is continuously attracting users across the world.
Algotech (ALGT) presale powers ahead for 275%
Are you tired of old ways of trading and mediocre returns? It is time to upgrade to Algotech (ALGT). It is a new, revolutionary crypto trading platform that is based on advanced algorithms. Notably, professional traders are adopting algorithmic trading for its speed and cost-effectiveness.
As per a report, the value of the algorithmic trading market can clock around $37 billion by 2032. With market projections showing massive growth, Algotech (ALGT) is poised for success, and can rapidly become an industry leader.
Algotech (ALGT) is building a next-generation platform where intelligent strategies will rule. On this platform, you can expect seamless scalability, and intuitive tools designed to put profitable decisions at your fingertips. There is more to it. Algotech (ALGT) will also integrate AI trading bots. They will aid traders in lightning-fast adjustments, minimizing the impact of volatile markets.
Besides, your trading experience is a priority for Algotech (ALGT). The platform promises a user-friendly interface, and extensive trading pairs. Moreover, it will forge partnerships with major exchanges to support diverse crypto deposits.
Meanwhile, ALGT, the native crypto of the platform, will give numerous benefits to its holders. The token holders will get governance rights, and an opportunity to participate in a lucky draw, where they can win the latest iPhones.
ALGT’s presale is in full swing, with the price tag of $0.06. Tokens have already jumped 50% in value, and are set to climb even higher. Industry experts predict a staggering 275% price increase before the presale concludes. Act fast to lock in the most significant gains.
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Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.
