Ripple (XRP) and Kronos (CRO) holders turn to Algotech (ALGT) pre-sale for profit prospects | Cryptocurrency and Blockchain News
TLDR
- XRP’s lawsuit with the SEC has led to token selling pressure as whales have abandoned their tokens. The price may drop to $0.47 in February.
- Cronos (CRO) Accelerator Program Launches Third Cohort with Preliminaries Driving Innovation in AI Blockchain Integration
- Algotech’s (ALGT) public presale targets a $0.15 launch and promises a 275% profit for early investors.
Ripple (XRP) lawsuit continues to impact performance. Can investors hold out?
In an XRP litigation update on January 23, 2024, the SEC filed a response asking why it wanted Ripple (XRP) to file audit reports for the past two years, which Ripple (XRP) objected to. As a result, the price of the XRP cryptocurrency fell from $0.52 to $0.51 the next day.
The price of the XRP cryptocurrency and investors have been under pressure due to litigation that has continued for nearly a year. As a result, XRP investors were unable to enjoy the recently concluded rally as the price was range-bound.
From January 23 to 30, the price of the XRP cryptocurrency fluctuated between $0.52 and $0.53. As a result, investors in the once vibrant top cryptocurrency are reducing their XRP holdings and looking for more profitable coins.
With the lawsuit not yet over, XRP whales are selling despite declining demand. As a result, market experts suggest a bearish trend for XRP and expect the price to continue falling to $0.47 in February.
Cronos (CRO) strives to retain investors amid market changes.
On January 19, 2024, Cronos (CRO) announced the projects selected for the third cohort of its accelerator program. Cronos (CRO) has selected a company that combines AI and blockchain technology. As a result, the Cronos (CRO) price rose 4% from $0.081 to $0.084 the next day.
However, Cronos (CRO) was unable to maintain momentum and its price fell. Cronos (CRO) fell from $0.084 to $0.080 from January 21st to January 29th.
Market experts suggest bearish sentiment for Kronos (CRO) as selling pressure continues. Moreover, it remains on a downward trend, with experts predicting the price to drop to $0.07 in February as they await the impact of new projects.
Algotech (ALGT) attracts investors with flashy public pre-sale plan
With cryptocurrency investors cornered by market weakness, the emergence of new coins promises a journey into the unknown that could be profitable. Algotech (ALGT) is a new decentralized trading platform that could outperform other new DeFi projects.
Algotech (ALGT) stands out from other DeFi companies in that it does not focus on payments or cryptocurrency exchanges. Instead, it is a driving force for investors looking to profit from other DeFi verticals. It integrates advanced machine learning protocols that enable traders to make profitable decisions by identifying profitable cryptocurrencies based on available market data.
Additionally, powerful computing power and blockchain technology provide unprecedented transparency and immutability. We also automate our trading methodology so that users can see elite-level results.
Algotech (ALGT) developers are optimistic that users will see the value, and investors will embrace its vision of progress and profitability. As a result, they organized a private sale in which investors raised more than $1.1 million in two days. Afterwards, a public pre-sale leading up to the launch of the cryptocurrency exchange began.
Algotech (ALGT) is conducting the first phase of its public pre-sale at $0.04. If the target launch price of $0.15 is reached, a 275% profit is promised to investors who purchase currently in the final stage. Lucky Algotech (ALGT) investors can win valuable prizes such as iPhones and tickets to industry events in Dubai.
To learn more about the Algotech (ALGT) presale, please follow the link:
Visit Algotech Presale
Join the Algotech Community