Avalanche (AVAX) Sees Drop In Network Activity; Ex Ripple (XRP) Official Hints About Major Developments; Algotech (ALGT) Raises $1.1 Million In Two Days

  • February 13, 2024

In the crypto world, timing matters the most. If you invest in a growth-bound project during its early phase, you can get significant returns. One such investment opportunity currently available is Algotech (ALGT).

Investors are actively investing in this new project’s ongoing presale. They are confident that it will give them mammoth returns in the next few months. Meanwhile, Avalanche (AVAX) and Ripple (XRP) are facing market challenges.

Avalanche (AVAX) Suffers Drop In Gas Fees

Although the overall crypto market is bullish, Avalanche (AVAX) has faced some challenges. As per the latest on-chain data, the network usage of Avalanche (AVAX) has witnessed a sharp decline.

The transaction count on Avalanche (AVAX) has dropped by 17% in the past week. Besides, the gas fee on Avalanche (AVAX) has dropped by 2.74%. This indicates that DeFi apps on the Avalanche (AVAX) network have either been stagnant, or declining.

Subsequently, the trading price of Avalanche (AVAX) has also tumbled by 3% in the past week. Hence, at press time, Avalanche (AVAX) is changing hands at $40.22.

Former Ripple (XRP) Official Posts Cryptic Tweet

Recently, the ex-director of Ripple, Sean McBride, caused curiosity within the XRP ecosystem with his cryptic tweet. Although Sean did not give any specific information, he tweeted that some “big” Ripple (XRP) developments will soon occur.

After Sean’s tweet, Ripple proponents are optimistic about XRP’s growth. However, some believe that it could be a tactic to divert attention from the recent court ruling against Ripple (XRP).

Notably, the price movement of Ripple (XRP) has been downward for the past many weeks. Subsequently, the market value of Ripple (XRP) has declined by 10% in the last 30 days. Currently, Ripple (XRP) is available to trade at $0.52.

Algotech (ALGT) Scores Home Run During Presale

Traditional manual trading has been struggling with several issues like inaccurate calculations, biases, low transparency, and a lack of analysis. Therefore, people are now adopting algorithmic trading, and Algotech (ALGT) is a market leader.

It is a new crypto trading platform with advanced technologies. Since there are no manual interventions, Algotech (ALGT) users can execute trades quickly, and more profitably. Algotech (ALGT) analyzes real-time data and notifies about short-term market opportunities. Hence, its users can make big profits in quick time.

Additionally, Algotech (ALGT) aims to create several income sources for its users. One such measure is its reward scheme. This reward scheme has eight levels. Users of each level will earn a share of the investment on the platform. To illustrate, the member of level 1 will earn 10% of the 30% performance fee. Interestingly, the earning percentage will increase at each level.

Besides, owners of presale ALGO tokens will get privileges, and earn exciting rewards. They will get governance rights to vote on the platform’s decisions. Presale ALGO owners will receive dividends from the platform. Additionally, they will get partial ownership of the software. Algotech (ALGT) will also give massive giveaways to the token holders.

The presale phase of Algotech (ALGT) is undergoing its first phase. Currently, an AGLT token costs $0.04. However, during stage 2, the price of Algotech (ALGT) tokens will surge to $0.06. Also, experts predict it to reach $0.15 before the completion of the presale phase. So, lock your presale tokens now, and bag the maximum benefits.

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Source: https://www.cryptopolitan.com/avalanche-avax-sees-drop-in-network-activity-ex-ripple-xrp-official-hints-about-major-developments-algotech-algt-raises-1-1-million-in-two-days/

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