Several cryptocurrencies are in the headlines, although for different reasons. For instance, Shiba Inu (SHIB) and Polkadot (DOT) are making losses, while the newly launched Algotech (ALGT) is soaring high. This article will focus on these three cryptocurrencies, and try to find out why investors are rushing toward Algotech (ALGT).
Shiba Inu (SHIB) sees a surge in Shibarium activity
The Shiba Inu (SHIB) ecosystem is buzzing with increased network activity due to its layer-2 blockchain, Shibarium. As per on-chain data, the daily transactions on Shiba Inu’s (SHIB) layer-2 scaling solution surpassed the mark of 200k on April 11.
Notably, this is a more than 4000% surge compared to what Shiba Inu’s (SHIB) Shibarium recorded the day before. Besides, the Shiba Inu community increased the SHIB burn rate by 50,000% on April 11.
However, these developments have failed to positively impact Shiba Inu’s (SHIB) price movement. Shiba Inu’s (SHIB) market value has plunged by 28% in the past month. Consequently, Shiba Inu’s (SHIB) current price stands at $0.000023.
Polkadot (DOT) network activity surges
The Polkadot (DOT) network has registered a record high in active address count. As per the latest on-chain data, Polkadot (DOT) has logged more than 600,000 active addresses by the end of March.
However, the total transaction volume on Polkadot (DOT) has suffered a drop. This, according to analysts, may indicate that crypto enthusiasts are not seeing any profits in Polkadot (DOT) transactions.
Meanwhile, the price movement of Polkadot (DOT) also reflects the same sentiment. Over the past 30 days, the price of Polkadot (DOT) has plunged by more than 35%. Hence, at press time, Polkadot (DOT) is changing hands at $7.05.
Algotech (ALGT) presale raises around $4 million
Crypto trading is a fast-paced game – if you blink, you might miss your chance. That’s where Algotech (ALGT) comes in! This cutting-edge platform is designed to help you make crucial decisions quickly, and confidently, maximizing your profits.
Algorithmic trading is booming right now, and Algotech (ALGT) is poised to ride the wave. Some reports indicate that the market size of algorithmic trading can reach 31.30 billion by 2030.
But Algotech (ALGT) is not just about fancy tech. Trust plays a critical role in trading. Algotech (ALGT) understands it. Moreover, the team is fully verified, its smart code is audited for security, and the platform boasts adaptability. Whether you’re into momentum trading or breakout strategies, Algotech can work for you.
Algotech (ALGT) uses powerful AI to analyze mountains of market data. It can easily spot trends, and opportunities that most of us would miss. This data-driven approach helps you make smarter, better-informed trades. Besides, the platform will partner with major exchanges, giving you a wide range of cryptos to choose from.
Algotech (ALGT) is focusing on community building too. Here, you will find learning resources to grow your trading skills, and have the chance to connect with other traders. Additionally, the platform shares its profits with the community.
The ongoing presale of Algotech (ALGT) is heating up. Token prices are already on the rise, and analysts see huge potential. Get in now, and you could bag tokens at a discounted price. ALGT tokens are currently just $0.08 each. Moreover, you might even win prizes like the latest iPhones or iPads.
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