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Making money in the crypto market is easy if you choose good projects to invest in. A new project, Algotech (ALGT), is currently the favorite of crypto investors. Its unique business roadmap and market viability have made it the fastest-growing cryptocurrency.
Therefore, its presale tokens are getting subscribed to by whales quickly. Moreover, it earlier raised over $1.1 million within two days. Meanwhile, long-standing projects like Polkadot (DOT) and Chainlink (LINK) have also shown growth. Let’s see what makes Algotech (ALGT) so profitable.
Polkadot (DOT) Sets New Speed Record In NFT Minting
The Polkadot (DOT) network has achieved a tremendous feat in the NFT space. On February 6, Polkadot (DOT) minted 4,930 NFTs per minute, and set a new speed record. Interestingly, in this regard, Polkadot (DOT) has surpassed Solana and Polygon networks, which boast of their high speed.
Polkadot (DOT) set this new record while minting the NFTs for “Forever Has Fallen,” a Web3 game. Experts believe that this development will attract more Web3 game developers to the Polkadot (DOT) network. However, the price of Polkadot (DOT) has declined by 5% in the past month. Consequently, the current trading price of Polkadot (DOT) has come down to $7.25.
Chainlink (LINK) Collaborates With Paxos
The Chainlink (LINK) network has recently joined hands with stablecoin issuer Paxos. With this collaboration, Chainlink (LINK) and Paxos aim to boost the use of PayPal USD (PYUSD) for on-chain transactions. Chainlink (LINK) has now introduced the PYUSD Chainlink Price Feed on Ethereum.
Meanwhile, Chainlink (LINK) has been the focus of whales. The latest on-chain data suggests that whales have accumulated more than 2.7 Chainlink (LINK) tokens in recent weeks. Its impact is visible on Chainlink’s (LINK) trading price too. Notably, the market value of a Chainlink token has increased by 38% in the past month, and currently stands at $20.36.
Algotech (ALGT) Presale Sets New Presale Benchmarks
A study has revealed that 92% of the trading in the Forex market is done through algorithms. It is known for generating high profits. Algotech (ALGT) has brought algorithmic trading on blockchain. It is a new platform, which offers secure and profitable trading opportunities.
Algotech (ALGT) uses advanced technologies. That makes it better than traditional manual trading, which suffers from issues like ambiguity, low accuracy, slow speed, and bias. ALGT solves these issues, and helps users make fast, accurate, and profitable trades.
Algotech has also integrated artificial intelligence. Another noteworthy feature of the platform is its scalability. The platform can handle a large trading volume at a fast pace. Algotech is a fully transparent and secure platform. Snipe Finance has audited its smart contract, and verified the project’s team members. Besides, ALGT token owners will also get voting rights on the platform.
Therefore, the platform’s ongoing presale, which is in its first stage, is selling out rapidly. At present, an AGLT token is available to purchase at $0.04. However, market analysts believe that its price will increase by 275% during the presale round. Notably, the minimum purchase for ALGT tokens is just $25.
Additionally, presale ALGT token holders can win several giveaways. Some of these giveaways are the latest iPad, iPhone, Apple Watch, or VIP tickets for a live blockchain event in Dubai. So, hurry up and lock your tokens now.
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Serena James has worked as a writer for different media houses in the past. Currently, she is working as a fundamental writer for thecoinrepublic, covering decentralized finance. When she isn’t writing, she can be found skimming and scanning Twitter and other websites to produce mind blowing breaking stories.
