Crypto Gloom

Crypto whales closely watching 2024 render price, on-chain data suggests ALGT is poised for a breakout.

Render (RNDR), a cryptocurrency project known as one of the promising projects in the cryptocurrency market, has unique features along with its price potential. The renders are poised to hit new highs as they are currently very close to passing the previous highs. Render’s current price is $7.49, not far from its all-time high of $8.78 (according to CMC).

Render (RNDR) was released in 2017. As the cryptocurrency market fell during the bear market of 2021, many altcoins suffered significant declines. While most failed to recover in price as the market began to stabilize, Render (RNDR) is one project that has recovered surprisingly well and is now very close to hitting a new record.

Today, Bitcoin has surpassed $61,000 and many analysts have speculated that the cryptocurrency market has entered a bull market again. Therefore, the focus of investors has now shifted to projects that are recovering and delivering on their potential. Crypto Whales is closely watching the price of Render in 2024. Analysts predict that Render (RNDR) will top $10 this year if it continues its remarkable recovery.

Render (RNDR) is currently ranked 41st out of 100 altcoins on CoinMarketCap, which is another factor boosting investors’ confidence in the cryptocurrency whale with investors keeping an eye on the project. In the last 24 hours, the price of Render has risen by 3%, which is an indicator of an upward trend.

Along with Render (RNDR), there is another amazing new project in the cryptocurrency market that recently launched a large presale and achieved great success. On-chain data for this project shows that it is poised for a massive breakout. This is the second factor that drives investor confidence, with pre-sale success being the first.

This project is Algotech (ALGT), which is catching the attention of investors with its amazing price potential, features, and exemplary roadmap. Algotech (ALGT) is already the new buzz in town after its impressive performance.

ALGT Ready for Major Breakout – On-Chain Data Revealed

Algotech (ALGT) is a DeFi project with significant upside potential, and after a successful large pre-sale, it has become one of the most successful newly launched projects. Algotech (ALGT) has captured the attention of investors with its comprehensive feature set, including hedging, mean reversion, trading bots, social trading, momentum trading, and algorithm integration.

Following Algotech’s private seed round, interest from major investors grew significantly, and the project successfully raised $1.1 million in just two days. Currently, the token price is $0.04 in phase 1, so it is expected to rise to $0.15 in phase 4. Tier 2 starts at $0.06.

Investors are constantly watching the price movements of this project due to analysts’ forecasts, which further increases investor confidence in ALGT. Algotech (ALGT) takes a community-centric approach when it comes to investors. Token holders also have governance rights and profit sharing rights.

Learn more about this project:

Visit Algotech Presale

Join the Algotech Community