Ethereum
Investors Find Refuge in Pre-Sale of New AI Platform as Downtrends Wipe Billions of Ethereum (ETH) and Solana (SOL)
THE crypto market is seeing a slowdown as Bitcoin extends its losses, with Ethereum (ETH) and Solana (SOL) facing a price decline due to the pressure. Meanwhile, Algotech (ALGT) gained attention for successfully raising over $9 million in its presale. As the presale comes to an end, ALGT offers an attractive opportunity for investors looking for higher profits. Can ALGT surpass ETH and SOL to achieve this feat? Let’s find out!
Algotech Presale: ALGT Nears Launch Price with Expected ROI of 87.5%
Amid the crypto market downturn, Ethereum and Solana have faced significant pressure, while Algotech (ALGT), a new presale token, has become the favorite. The decentralized algorithmic trading platform benefits from a very visionary business approach, leveraging AI and machine learning technology.
Additionally, Algotech helps its users easily navigate the ever-changing financial markets by providing a transparent approach and following market trends. Algotech’s cutting-edge trading tools and resources also enable the platform to open up new investment opportunities across a wide range of financial markets.
Through automation, Algotech simplifies and accelerates transactions. Users also have a better chance of making informed decisions as they have access to historical and real-time data analysis, thereby optimizing their coin winnings while reducing losses.
The ongoing ALGT presale has propelled Algotech to new heights after raising a remarkable $9.2 million. It is in the bonus stage at the token price of $0.08, which has sold over 90%, narrowing the gap to its next stage at $0.10.
Once the presale ends, ALGT’s introductory price is expected to increase by 87.5% to $0.15. After listing, gains are expected to exceed 1,200%, making ALGT the best buy before the next crypto bull run.
ETH is trading sideways, but the potential for further investment in the Ethereum ecosystem is growing
As the market bleeds after Bitcoin forecast uncertainty and a slowdown, Ethereum (ETH), the second-largest crypto, is under pressure. Meanwhile, investors are liquidate their holdings amid a crypto bull market.
Ethereum price fell 9% from its high of $3,835 in early June to its low of $3,484 in the third week of June. Despite the price drop, Ethereum trading volume increased from $8.7 billion to $21 billionsuggesting positive sentiment among its investors.
Meanwhile, ETH price is showing instability after failing to surpass the $4,000 resistance level. Despite this, on-chain metrics demonstrate the resilience of ETH after the Ethereum ETF approved and the potential of the platform attract significant capital investments.
Furthermore, given the upcoming launch of the spot ETH ETF During the first week of July 2024, there is a sense of optimism about Ethereum’s potential to reach the $4,000 price level again.
Solana woes: SOL price could face further declines
Like Ethereum, Solana is one of the top altcoins that has been hit hard by the crypto market slow-down. During the third week of June 2024, the price of SOL saw a dramatic decline of 36% to reach a low of $130 since it peaked at $204 at the start of the second quarter.
Solana’s market capitalization is $63.5 billion and its trading volume increased slightly from $3.9 billion to $4.0 billion, reflecting continued investor interest. Meanwhile, the decline in SOL price has triggered bearish sentiment, with technical indicators predicting further slowdowns and selling pressure.
If Solana price falls below the $127 resistance level, SOL could revisit the support level at $116 and potentially decline to around $100. On the other hand, if SOL breaks above the resistance level of $157, it could advance towards the next target of $188.
Algotech’s AI-powered trading strategies and its ALGT presale make it the best crypto to buy now
Algotech leverages computer algorithms, AI and machine learning to automate trading processes. This eliminates manual and emotional trading errors, making trading more consistent and profitable.
The platform’s presale allowed ALGT to raise over $9 million, and the token is expected to bring in more. coin winnings before its launch on the stock exchanges. Additionally, Algotech is offering ten lucky winners a $250,000 gift as an incentive, making it one of the best presale coins to buy right now.
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