Business news

Filecoin (FIL) Partners As Whales Accumulate Fantom (FTM) And Algotech (ALGT)

The crypto market is currently witnessing a resurgence of several cryptocurrencies. For instance, Filecoin (FIL) and Fantom (FTM) have posted some of the best performances in the crypto market lately. Their investors have been able to trade in the green.

However, these long-standing cryptocurrencies have been no match for the historic rise of a new project, Algotech (ALGT). This new project, which is in its presale phase, has raised more than $2.1 million within the initial days of its launch. This article will look into these three cryptocurrencies, and find out why ALGT is reigning supreme.

Filecoin (FIL) Integrates With BVM

Filecoin has triggered a new price rally of FIL tokens with its latest partnership. Recently, Filecoin (FIL) announced that it has integrated with Bitcoin Virtual Machine (BVM). Under this collaboration, Filecoin (FIL) will enhance security and scalability for Bitcoin Layer-2 solutions.

Notably, by utilizing Filecoin’s (FIL) decentralized storage, BVM will be able to securely store transaction archives. This partnership has also sparked optimism in the FIL community, as it can boost the adoption of Filecoin.

Consequently, Filecoin (FIL) has jumped by 109% on the monthly price chart. At press time, Filecoin (FIL) is trading at $11.26.

Fantom (FTM) Whales Increases

Fantom (FTM) has recorded a strong bullish rally over the last few weeks. Consequently, the value of Fantom (FTM) has jumped by 100% in the past month. Currently, Fantom (FTM) trades at $0.80.

The whales have also renewed their interest in Fantom (FTM), as indicated by the latest data from Santiment. As per the data, the number of Fantom (FTM) transactions valued over $1 million was 10, the highest since February 2023.

Besides, the number of Fantom (FTM) whales has also increased in the last month. While the number of Fantom (FTM) whales was 362 on March 1, it reached 374 on March 9.

Algotech (ALGT) Presale Profit Surges Manifold

If you are a trader, you must have heard the word “algo trading.” The adoption of algorithmic trading has surpassed the market share of manual trading. Hence, reports predict the market size of the algorithmic trading industry to grow at a CAGR of 12.9% by the end of 2030. Tapping this market opportunity, a new project, Algotech (ALGT), has entered into the arena.

It will be a crypto trading platform boasting advanced algorithms. Algotech (ALGT) will use artificial intelligence and machine learning to increase the profitability of traders. The platform will implement advanced trading functionalities, and additional order types.

On Algotech (ALGT), you will get multiple deposit options too. The platform will partner with leading crypto exchanges, including Uniswap. Algotech’s native token is ALGT, and its holders will get several benefits. For instance, if you buy ALGT tokens during the ongoing presale phase, you can win a lottery.

The lucky draw winners can get the latest iPhones or VIP tickets to a live blockchain event in Dubai. Besides, the token owners will also get a percentage of the project’s revenue. They can earn from 1%-10% of the profit made by the project. Additionally, they will get voting rights.

The second stage of Algotech’s (ALGT) presale is ongoing, with a price tag of $0.06. It has already surged by 50%. However, according to predictions, the price of an Algotech (ALGT) token will spiral 275% before the end of the presale phase.

Read more from techbullion

To Top

Pin It on Pinterest

Share This