Crypto investors are always looking out for the latest updates and market insights, and the crypto-verse is constantly teeming with all sorts of information, news, and speculation alike. Here is our review of some tokens that would offer long-term profits because of their features and real-life utility. Avalanche (AVAX), Manta Network (MANTA), and the new DeFi project Algotech (ALGT) all made our three-token shortlist of the best crypto to invest in now.
Avalanche (AVAX) Expanding Horizons With New Meme Coin Hosting Policies
December in 2023 came with a bullish trend in the cryptocurrency market, as many top altcoins saw their token values spike throughout the month. The market seemed to be correcting all the year-long dips with news of the Bitcoin ETF approval, and the AVAX price was not left in the profit race. Avalanche (AVAX) crossed the $50 mark amid the AVAX price surge, starting the new year on a profitable note.
Fellow NFT giant Solana made significant spikes at the time, and some of that was due to the meme coin airdrops that the token hosted on its ecosystem. Avalanche (AVAX) Foundation seems to be moving along the same lines, as it recently rolled out policies that guide its meme coin support features. Avalanche (AVAX) Foundation started the Culture Catalyst initiative in 2022 for NFTs, and it has now extended it to accommodate meme coins.
The Avalanche AVAX price will be the major beneficiary of the meme coin support policies, as the Culture Catalyst program will increase activity on the Avalanche (AVAX) blockchain, leading to long-term spikes in Avalanche (AVAX) price. From all indications, only meme coins minted on the Avalanche (AVAX) chain will get support from Avalanche (AVAX), and there are liquidity, market cap, and trading volume requirements for meme coins that will enter the support program. The requirements ensure that only meme projects with real promise will get to the Culture Catalyst program.
New Listing Manta Network (MANTA) Is Already Riding the Profit Waves After Mere Weeks
Manta Network (MANTA) is making the headlines weeks after listing on major exchanges despite not quite hitting the ground running on launch day. The Manta Network token launch was affected by a distributed denial-of-service (DDoS) attack, paralyzing activity on the blockchain for hours.
However, all that didn’t stop the MANTA price from soaring once the technical issues had been resolved, and Manta Network (MANTA) now trades at $3.71, some 64.36% above its launch price on January 18, 2024.
Manta Network (MANTA) exists on the Ethereum network, a feature that increased its appeal to users, along with the fact that its airdrops occurred on launch day. The token has caught many investors’ eyes with the rising of its price, but the main question is if Manta Network (MANTA) is worth any of the hype.
Many indicators, apart from the MANTA price, point to a bright future for the Manta Network (MANTA) project, like its impressive Trading Value Locked (TVL) of $440 million after less than a month of listing. Manta Network (MANTA) price predictions are also proposing a bullish 2024 for the altcoin, as even CoinCodex pegs Manta Network’s (MANTA) yearly high at $4.71 for 2024.
Algotech Presale Is Live; Join Now!
Of all the new ICOs, Algotech (ALGT) seems to be the most promising, and with good reason. The token seeks to offer real-life trading applications that will bring in long-term profits while satisfying short-term investors who will be looking forward to profits after the token launches.
Many analysts predict that Algotech (ALGT) will end its ICO at $0.12, some 200% above its current value, even while there are chances of launching at $0.15 when ALGT gets to major exchanges.
However, the short-term profits are not at the center of the Algotech (ALGT) project; research and advanced trading algorithms are. Algotech’s (ALGT) mission statement seeks to help traders make more profits by making better decisions from well-analyzed market insights. To this end, Algotech (ALGT) labs will be rolling out new, trader-oriented software that optimizes trading for professional financial traders and brokers as a result of intensive R&D and user research.
The algorithms will be tailored to different aspects of trading operations, from collating data to risk management, seeking to enhance the trading process for individual traders. With quality, real-time market data, each trader can go into every trade confidently, fully aware of the variables and risks.
The Algotech (ALGT) presale is already underway after its private seed sale generated $1.1 million. Each ALGT token sells for $0.04 at the moment, although that won’t be for long. Get your ALGT tokens now and stand a chance to win Apple devices for your financial trading, along with two VIP tickets to the Blockchain Life 2024 event in Dubai.
Algotech (ALGT) has everything you would want. Head to the presale website to get started now!