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Despite being known for its volatility, the crypto market has lately shown a positive trend. Ripple (XRP) and Cardano (ADA) are the faces behind it.
Meanwhile, despite impressive performances by other coins, investors are eyeing the Algotech (ALGT) presale for big gains.
Ripple (XRP) CTO challenges SEC
In a recent tweet, Ripple’s (XRP) CTO shared a CNN news article. The tweet, dated March 3rd, challenges the SEC. In his tweet, the Ripple (XRP) CTO asks the SEC to explain why Tesla is not selling unregistered securities.
The tweet leading to a securities debate highlighted the SEC’s quest for crypto firms.
Meanwhile, Ripple (XRP) is surging. Despite its long-drawn battle with the SEC, investors seem bullish about Ripple (XRP).
Ripple’s (XRP) charts show positive momentum. Over the past week, Ripple (XRP) surged by 14.55%. Further, Ripple (XRP) experienced a 34.18% increase in trading volume over the past 24 hours.
At its current price of $0.6469, Ripple (XRP) is trading 27.1% below its 52-week high of $0.8875.
However, contrary to the overall trend, Ripple (XRP) dropped over the past day. In the past 24 hours, Ripple (XRP) has witnessed a 1.51% downturn.
Bulls drive Cardano (ADA) to a massive price surge
Amid an overall bullish market, investors are shifting their focus to Cardano (ADA).
Over the week, Cardano (ADA) surged around 24.1%. Further, Cardano (ADA) crossed a crucial resistance level of $0.7 recently. With an all-time high of $3.1, investors are optimistic about Cardano’s (ADA) growth.
Cardano (ADA) also experienced a 2.38% uptick in daily trading volume. However, Cardano (ADA) showed a negative trend in the daily charts. Over the past 24 hours, Cardano (ADA) dropped by 1.7%.
Cardano (ADA) is currently trading at $0.7725. Cardano (ADA) is inching close to its 52-week high of $0.7966, with a 3.02% difference.
Investors shift their holdings to Algotech (ALGT)
With the rapid advancement of technology, crypto investors are on the lookout for innovative solutions. One such standout player is Algotech (ALGT).
Algotech (ALGT), an algorithmic trading platform has caught the attention of the crypto world. By automating trading, Algotech (ALGT) has transformed the trading of securities.
ALGT combines technologies, such as machine learning, high-frequency trading, and more. Through blockchain technology, Algotech (ALGT) offers a transparent and secure trading platform.
With automation, users can now increase efficiency and experience enhanced risk management.
Algotech (ALGT) offers tailored solutions specific to trading objectives. Investors can choose from various strategies, such as trend following, breakout trading, and more. Furthermore, with Algotech (ALGT), users can select strategies based on market conditions. It includes trends for the bear market, bull market, and sideways market.
With its long list of offerings, Algotech (ALGT) has attracted massive whale interest. Its first stage of presale collected over $1 million in record time, making headlines.
Priced at $0.06 in its current second presale stage, investors can be seen rushing toward Algotech (ALGT). Analysts are predicting massive growth, with the market price predicted at $0.15.
For more details about this project:
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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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