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HomeNewsAlgotech (ALGT) Presale Shines Hope on the Market Amidst Chainlink (LINK) and...

Algotech (ALGT) Presale Shines Hope on the Market Amidst Chainlink (LINK) and Polygon (MATIC) Dumping

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The onset of a bearish momentum in the cryptocurrency market has caused numerous top altcoins to lose value. Chainlink (LINK) and Polygon (MATIC) are some of the altcoins in the red. However, Algotech (ALGT), a new DeFi crypto, is fast becoming a beginner cryptocurrency favorite.

Let’s delve into Algotech (ALGT), Chainlink (LINK), and Polygon (MATIC).

TLDR

  • Algotech (ALGT) experts predict superior performance in the presale stage.
  • Chainlink (LINK) may fall to $14 as bearish sentiment prevails.
  • Polygon (MATIC) predictions show it may fall to $0.6 before a price rise.

Algotech (ALGT) Shows Potential Amidst Market Downturn

The crypto market is scaring away the savviest of investors. However, Algotech (ALGT), a decentralized algorithmic crypto trading platform, is arousing interest in apathetic buyers. The token seeks to disrupt the nascent algorithmic trading industry and offer attractive profits.

Algotech (ALGT) relies on its inbuilt advanced machine-learning protocols to disrupt the industry, enabling crypto traders to profit massively with every trade setup. Moreover, it eliminates the human factor, using AI for fast, high-volume transactions that guarantee high returns.

Furthermore, Algotech (ALGT) leverages its superior computing power to analyze large volumes of market data and identify trading opportunities. Additionally, its blockchain backbone and growth strategies ensure your trading is unambiguous and lucrative.

Algotech (ALGT) presents a worthwhile venture that may result in massive profits. In addition, investors who buy ALGT in its ongoing presale become part owners of its exclusive trading software. Consequently, they will earn dividends and voting rights. On the other hand, Algotech (ALGT) raises funds to enhance its technology and provide elite trading performance to its users.

At only $0.04 per ALGT token, investors buying Algotech (ALGT) will add a formidable asset to their DeFi crypto list. With an estimated 275% gain to reach $0.15 when the token launches on major exchanges, investors can make money as the general market falls.

Chainlink (LINK) Investors Display Resilience Despite a Bearish Trend in the Market

On January 15, 2024, Chainlink (LINK) and Circle announced a collaboration to enable Chainlink (LINK) developers to integrate USDC into their projects. Consequently, the Chainlink price surged by 4%, rising from $14.70 to $15.34 the following day.

Between January 16 and January 22, the Chainlink price fell 5% from $15.34 to $14.54. The plunge was attributed to the market weakness, causing buyers to avoid trading. Despite the bearish momentum, Chainlink (LINK) witnessed a rise in demand as its traded volumes rose. Chainlink (LINK) whales are taking advantage of the price dip to add more LINK to their portfolios, making Chainlink (LINK) a good crypto to buy.

Based on the bearishness of the crypto market, market experts project a continued fall in Chainlink price.  Consequently, the Chainlink price prediction shows it may fall to $13 by the end of January.

Can Polygon (MATIC) Survive the Market Weakness?

From January 19, 2024, Polygon (MATIC) developers will be able to build customized zero-knowledge rollups after successfully integrating NEAR Protocol’s Data Availability layer into Polygon CDK. Despite the significant advancement, the Polygon MATIC price fell 2% from $0.78 to $0.76.

The Polygon MATIC price downturn was attributed to the prevailing market weakness. Polygon MATIC price continued its downtrend, falling 2% to reach $0.74 on January 23. Technical analysis shows that Polygon (MATIC) is heading for a crucial support level at $0.70, and market experts indicate that should Polygon (MATIC) breach this support level, it may end January at $0.65.

Follow these links to learn more about the Algotech (ALGT) presale.

Visit Algotech Presale

Join The Algotech Community

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Marcel Knobloch
Marcel Knobloch
Marcel is the managing partner of ETHNews and is also known as Collin Brown in the crypto community. He is a seasoned Bitcoin investor who entered the crypto scene during its early stages and has since become a veteran trader in both the cryptocurrency and forex markets. His journey began in 2012 when he made his first investment in Bitcoin, marking the beginning of his deep-rooted passion for blockchain technology and digital assets. With a mission to demystify the intricacies of blockchain for the masses, Marcel endeavors to bring the world of cryptocurrencies closer to everyone. His insightful reports are dedicated to shedding light on the latest developments and innovations within the realms of Bitcoin, Ethereum, Ripple (XRP), IOTA, VeChain, Cardano, Hedera, and numerous other cryptocurrencies. Marcel's in-depth analysis and commitment to providing accessible information make him a trusted source for both novice and experienced crypto enthusiasts. Marcel's academic background includes a Master's Degree in Business Education, which has equipped him with a solid foundation in financial markets and investment strategies. Over the past decade, he has amassed invaluable experience working with various startups across the globe, enriching his knowledge and understanding of the ever-evolving cryptocurrency landscape. With his wealth of expertise and dedication to empowering others with crypto knowledge, Marcel continues to be a driving force in the cryptocurrency community. Business Email: marcel.knobloch@hotmail.com Phone: +49 160 92211628
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