A newly launched project, which has significantly impacted the crypto market, is Algotech (ALGT). This project has a high-value proposition, and is likely to explode in 2024. Therefore, the demand for its ongoing presale has skyrocketed. Algotech has raised about $2 million, and sold over 47 million presale ALGT tokens. Hence, even the holders of Solana (SOL) and Ripple (XRP) are shifting their sides to join ALGT.
The Solana (SOL) network has taken an innovative step to enhance the utilities of its ecosystem. Recently, Solana (SOL) introduced an audio call feature in its SolChat application to improve user communication within the blockchain.
Notably, Solana (SOL) will utilize the WebRTC protocol. Through this development, Solana (SOL) will empower its users to make audio calls directly from their wallets. According to Solana (SOL), this new feature will offer an unprecedented level of security and privacy.
Meanwhile, Solana (SOL) has risen by 34% on the monthly price chart. Consequently, the current trading price of Solana (SOL) is $130.02.
The last few weeks have turned positive for Ripple, as XRP has been rising. In the past month, the trading price of Ripple (XRP) has surged by 26%. Hence, at press time, Ripple (XRP) is changing hands at $0.65.
The CTO of Ripple (XRP), David Schwartz, has asked the network’s node operators and validators to shift to a new upgrade soon. The upgrade is version 2.1.0 of Ripple’s XRP Ledger (XRPL).
According to Ripple (XRP), this new version has introduced bug fixes and major amendments. Notably, the deadline for Ripple (XRP) network operators to update their servers is March 5.
Algorithms have been available in the trading industry for a long time. However, their utilization is still limited to a handful of professionals. To bridge this gap, Algotech (ALGT) has planned to launch a new crypto trading platform. This disruptive platform will use machine learning and artificial intelligence.
Due to its high speed and low cost, the adoption of algorithmic trading has increased. As per a report, the market size of algorithmic trading can increase to $18 billion by the next year.
Algotech’s (ALGT) USP is its ability to observe real-time market data, and identify profitable assets. After analysis, the platform will offer traders recommendations to maximize their profits. Moreover, the platform will launch AI-powered bots to help traders alter their trades at any time.
Algotech’s (ALGT) top-notch scalability is also worth noting. It can handle a large number of trades without compromising its transaction speed. Besides, the project will share its profit with early investors. Under the platform’s reward program, its investors at level 1 will get 1% of the profits, while those at level eight will earn 10%.
Stage 1 of Algotech’s presale is complete, and the price of ALGT tokens has increased by 50%. At present, a token is open to buy at $0.06. However, experts believe that Algotech’s (ALGT) value will reach $0.15 before it hits crypto exchanges.
Moreover, the token holders will get voting rights, giveaways, and other rewards. If you book your presale ALGT tokens now, you will receive a 20% bonus on your deposits.
Learn more:
Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.
