The crypto world is rapidly evolving, with several cryptocurrencies capturing the attention. Lately, Ripple (XRP), Avalanche (AVAX), and Algotech (ALGT) have shown solid growth. However, investors find assurance in Algotech (ALGT). This new project, still in its presale phase, has raised over $450k within days of its launch.
Ripple (XRP) Increases Its Presence in US Options
Despite facing a lawsuit in the US, Ripple (XRP) has been taking steps to expand its business in the country. In the latest event, Ripple has decided to acquire a company with a New York trust charter. This acquisition deal will help Ripple offer more in-house services and expand its US options business.
Through this deal, XRP is also looking to go beyond payment services and venture into other financial products. However, this deal between Ripple (XRP) and the trust has yet to secure approval from the New York Department of Financial Services.
Meanwhile, Ripple has experienced a 6% price increase in the past seven days. Hence, at the time of writing, Ripple is changing hands at $0.55.
Avalanche’s (AVAX) Subnet Gets Recognition
The Avalanche (AVAX) network has received a big market push with Citibank’s recent initiative. Subsequently, the market value of Avalanche (AVAX) has also moved northward. In the past month, the trading price of Avalanche (AVAX) has increased by 21%. The Avalanche (AVAX) token trades at $42.65 at press time.
Recently, Citibank used the Spruce Subnet of the Avalanche (AVAX) network for the tokenization of private equity. Notably, Avalanche’s (AVAX) Spruce is a subnet catering to large financial institutions, which want to use public blockchain infrastructure. Experts believe that this event can encourage more financial institutions to adopt the Avalanche (AVAX) blockchain.
Algotech (ALGT) Presale Accelerates Growth Rate
Algorithmic trading has recently emerged as the best tool for traders. It contributes more than 70% in the US trading. Therefore, the demand for algo-based trading has surged. Algotech (ALGT) has unveiled a new platform to meet this demand. It will launch a crypto trading platform supporting algorithmic trading.
ALGT does not require traders to rely on emotion while trading. It will help users execute accurate trades at minimum transaction costs and high speed. Additionally, Algotech will provide educational materials to improve traders’ skills.
Notably, the platform will utilize artificial intelligence. Hence, it will be able to analyze real-time data. Besides, it has planned to introduce trading bots on the platform. It will help users modify their trading strategies to adapt to dynamic market conditions.
Algotech’s (ALGT) scalability is quite impressive. It can handle a high number of transactions without compromising its speed. Moreover, this advanced platform promises transparent trading by offering transaction visibility.
ALGT tokens will be the native cryptocurrency for the Algotech ecosystem. The presale phase of the tokens has started, and is undergoing the first stage. Investors can currently buy an ALGT token for just 0.04.
Moreover, presale token buyers can win several giveaways. Algotech has decided to give Apple Watch, iPhone, iPad, and VIP tickets at a blockchain summit in Dubai.
As per market predictions, the value of ALGT tokens can surge by 275% to jump to $0.15 before the completion of the presale round.
You can find more details about this project:
Visit Algotech Presale
Join The Algotech Community
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Sam Chess is an utterly focused person looking for the minute details having potential to make a big difference. He is a writer and proofreader with a zeal to understand the cryptocurrency market. Additionally, he can be found trying to figure out the biggest mystery in the industry, Satoshi Nakamoto.
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