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2024 is off to a busy start. The bullish spillovers from 2023 have been run down by a surprise bearish wave in mid-January. The bearish wave saw top altcoins Fantom (FTM) and Manta Network (MANTA) decline slightly after their recent price boost, although many investors are still looking forward to some bullish signals from both coins in 2024. Algotech (ALGT) is setting the pace for 2024 presales after its $1.1 million private seed sale. Find out more.
TLDR
- Fantom price prediction sees the token make short-term profits in 2024.
- Manta Network’s (MANTA) price could hit $9 in 2024 after a recent token listing.
- Algotech (ALGT) tokens are selling for $0.04 in presale Stage 1, and experts deem ALGT to be one of the top crypto coins on the market.
Fantom Price Set for Bullish Spike After January Dip
Fantom (FTM) went through difficult times in 2023, as two software hacks saw the token decline till the fourth quarter. Q4 was a moment of resurgence, as Fantom (FTM) experienced growth in price and market capitalization. The FTM capitalization spiked by 140% from quarter to quarter, as the market cap grew from $0.5 million to $1.3 million. The market growth sent Fantom (FTM) to position 58 from 63.
Like many other top altcoins, Fantom (FTM) brought all that momentum from 2023 to the new year. Fantom (FTM) price peaked at $0.51 on January 2, 2024, only to dip in the following weeks. FTM now trades at $0.36, which is 6.15% above its value last week. This indicates a return to bullish ways, but is that enough to make up for the losses?
Many analysts agree that the Fantom price is set to rise, at least in the short term. Long-term predictions from CoinCodex reveal a series of bearish values following a $0.46 spike in January, and investors will have to be cautious around Fantom (FTM) trades.
Manta Network’s (MANTA) Recent Token Listing Could See the Coin Price Hit $9
Manta Network (MANTA) just launched early in January, and the token had a rough time getting its desired listing experience. From a platform-wide DDoS paralysis on the 18th of January to launching right in the middle of a bearish wave, Manta Network (MANTA) felt the impacts of the January dip the most. The token is in a recovery phase, though, as it is rising through the ranks already.
Less than two weeks after listing in the crypto market, Manta Network (MANTA) is selling at $3.44, a 51% rise over its launch price. Manta Network’s (MANTA) price hit a monthly low on January 18, 2024, trading at $2.05 on CoinMarketcap, and it has had awesome predictions all around from crypto analysts.
For example, Digital Coin Price believes that Manta Network (MANTA) can reach $5.34 in 2024 with its current progression. Manta Network (MANTA) has already broken into the top 100 tokens list with a market cap of over $533 million. So, Manta Network (MANTA) is definitely one of the best cryptos to invest in at the moment.
Algotech (ALGT) Is Bringing AI to Financial Trading
Algotech (ALGT) presale will offer profits like we’ve never seen in the DeFi space, but that’s not where the journey with the new token ends. The post-launch experience will feature the constant release of user-centered algorithms that will enhance trading in financial markets. While you will still be involved in making your trading choices and decisions, Algotech (ALGT) and its algorithms will automate your trading operations, leaving you to make better, faster decisions.
Algotech’s policies leverage research and innovation in the development of finance-specific software that will analyze and present market data from hot trading pairs and manage trading accounts to mitigate risk. The algorithms are trained using machine learning techniques, which allow them to detect trading patterns from older market actions and use them to influence trading choices. With such tools at your disposal, you have most of the trading experience automated enough to make it seamless and stress-free.
Want some Algotech (ALGT)? Now is the best time to get started on the latest ICO to hit the crypto block, as the presale is only in Stage 1. The preliminary Algotech (ALGT) private seed sale raised about $1.1 million, and we can only guess how much the ALGT presale will generate.
There are only 230 million tokens for sale; get yours today and expect 275% returns when Algotech (ALGT) launches!
Visit Algotech Presale
Join The Algotech Community
Source: https://finbold.com/algotech-algt-sets-the-stage-for-a-2024-presale-as-traders-stay-optimistic-for-a-bounce-back-on-fantom-ftm-manta/