The crypto market is poised for a significant rise, with Polygon (MATIC) and Near Protocol (NEAR) showing solid performance and an optimistic crypto price prediction. Meanwhile, Algotech (ALGT) has attracted considerable attention due to its impressive presale gains and additional perks that could boost its value after its launch. Which token between ALGT, MATIC, and NEAR is the best crypto by now?
Algotech Presale Gearing For Its Launch Price of $0.15 Before the Upcoming Crypto Bull Run
Algotech (ALGT) is gaining attention in the world of crypto assets, overshadowing established players like Polygon and Near Protocol. The decentralized algorithmic trading platform offers users access to various trading pairs and the tools to make informed decisions.
Furthermore, ALGT utilizes advanced market statistics, cutting-edge AI, and machine learning technology to automate its trading strategies. This enables users to maximize their investments and achieve optimal returns.
With democratization, automation, and access to advanced trading tools, ALGT investors can make instant decisions and navigate the highly competitive crypto market more efficiently. Through its ERC-20 standard token, ALGT, Algotech users get voting privileges, dividends, and partial ownership of the platform’s software.
ALGT is in the Bonus Stage and has sold over 163 million tokens, highlighting its significant demand. Investors eagerly seize the opportunity to acquire the tokens at $0.08 before they rise to $0.10 in the next round, representing a 25% increase.
Experts forecast that ALGT will reach $1 before listing on major exchanges, presenting a prime opportunity for everyone to invest ahead of the anticipated crypto bull run. In addition, the platform is providing a 25% bonus on all deposits, giving it a competitive advantage over other cryptocurrency tokens.
Polygon Faces Price and Whale Transaction Decline
After the Ethereum halving 2024 event, Polygon’s price peaked at $0.75. However, in the second week of June, MATIC declined by 15% to a low of $0.64. After the drop, Polygon’s outlook appears bearish. Furthermore, the Polygon network observed many large transactions before the halving event.
The number decreased by the end of May, potentially exposing MATIC to a downward trend. Subsequently, Polygon’s trading volume dropped from $643 million to $366.7 million. Similarly, its market capitalization declined from $7.3 billion to $6.4 billion.
If the decline in whale transactions persists, it could lead to an increase in selling pressure. In addition, if MATIC’s price declines to the $0.630 support level, the price may drop to as low as $0.61 by the end of June. On the other hand, if the crypto market rebounds, MATIC might overcome the significant resistance at $0.73 and regain its momentum.
Near Protocol Aim to Reclaim the $7 Price Threshold
Besides its potential to transform Dapps, Near Protocol is also gaining attention for its immense growth in 2024. The coin started trading at $3.65 at the beginning of the year, and it rose by 146% to a yearly high of $8.99 in mid-March. However, NEAR declined, starting the second quarter at a high of $6.58.
Near Protocol regained its footing a few days before the Ethereum halving 2024 event and rose 29% to a high of $8.50 from $6.58. However, It could not maintain its price above the $8 threshold, and the value eventually declined to $6.63 in the second week of June.
Despite the decrease, NEAR’s year-to-date increase is 364% from $1.43. Sentiment surrounding Near Protocol is mixed, but industry professionals have a positive outlook on its future. In addition, the Simple Moving Average indicates a bullish convergence, indicating an uptrend for NEAR soon. We anticipate NEAR will reclaim the $7 price level by the end of June if there is a shift in favor of the bulls.
Invest In ALGT Today and Experience a Win-Win Situation
Investing in Algotech (ALGT) during its presale stages can give you a valuable advantage in staying ahead of crypto assets like Polygon (MATIC) and Near Protocol (NEAR). Given the impressive funds raised – over $6.5 million and the imminent conclusion of the presale, there will likely be significant gains exceeding 1,200% following the token’s launch.
Additionally, Algotech’s program enhances community engagement by providing a 250K giveaway to 10 fortunate winners. It creates a mutually beneficial situation for everyone involved, making it the best crypto to buy now.
Find out everything about the ALGT presale!
The post Algotech (ALGT) Presale Draws Attention Amid Market Adjustments For Polygon (MATIC) And Near Protocol (NEAR) appeared first on Blockonomi.
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