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Algotech’s (ALGT) groundbreaking presale has raised a staggering $3.7 million in record time. This decentralized algorithmic trading platform has captured the imagination of investors worldwide with its innovative approach to crypto trading. But can this newcomer outshine established players like Fetch.ai (FET) and Ocean Protocol (OCEAN)?
Fetch.ai (FET) Whale Profits $8.91M Amid Price Correction
Fetch.ai (FET), the pioneering AI cryptocurrency, has been making waves recently. It hit an all-time high of $3.44 before experiencing a correction. However, the real story lies in the whale activity surrounding this coin.
Recent on-chain data reveals a massive whale offloading over $9.6 million of FET tokens onto the Binance exchange. While such moves can undoubtedly impact price action, it’s worth noting that the whale’s overall strategy has yielded a remarkable $8.91 million in profits from FET alone.
Despite this potentially bearish signal, FET’s strong fundamentals and cutting-edge AI technology position it as a formidable player in the crypto space. As the world increasingly embraces AI solutions, Fetch.ai’s prominence could continue to rise.
With the trend leaning towards AI projects, DeFi project Algotech has gained significant attention due to its cutting-edge features.
Algotech Announces $250,000 Giveaway for Early Adopters
In all the artificial intelligence craze, the Algotech’s presale performance has been nothing short of remarkable. Equally ambitious is the platform’s roadmap, with intentions to improve user experience, widen asset coverage, incorporate advanced trading instruments and promote a lively community of social traders. In this context, these developments may place Algotech as a major player within algorithmic trading space.
Algotech’s ambitious goal of democratizing algorithmic trading and empowering traders, irrespective of their level of experience, was effectively demonstrated by its record-breaking presale. It also seeks to deliver consistent profitability through intelligent automated trading strategies based on advanced technologies such as artificial intelligence and machine learning.
Although established players in AI and data monetization like Fetch.ai and Ocean Protocol have stood out due to their price action, Algotech’s positioning itself as an algo-trading dedicated platform remains imperceptible.
Besides, Algotech has recently announced a $250,000 giveaway. This is an exciting announcement to reward early adopters and show how confident the platform is about its future success. The rules are simple but interesting: one must take part in Algotech’s presale with a minimum investment of $100 to stand a chance to share part of the $250,000 prize money. Ten individuals will win a neat sum of $25,000 worth of ALGT tokens each.
On top of this Algotech (ALGT) has come up with various ways to encourage people’s participation through bonus entries for engaging in more tasks such as following the project on social media, joining their communities or sharing it with friends and relatives.
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The post Algotech Presale Raises Over $3.7M in Record Time. Will This ERC-20 Project Outpace Fetch.ai (FET) and Ocean Protocol (OCEAN) appeared first on DailyCoinPost.
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