- Algotech (ALGT) is set to deliver 275% gains by the end of the public presale.
- Monero (XMR) bears expect drops under $144 in February 2024.
- Avalanche (AVAX) could decrease to $25 by the beginning of February 2024.
Algotech’s (ALGT) success in various European markets has prompted numerous crypto experts to rank ALGT among the top altcoins to buy in 2024. Furthermore, the token raised over $1.1 million in two days during its seed sale. Meanwhile, analysts believe that Monero (XMR) and Avalanche (AVAX) are poised for more corrections in the following term, so let’s analyze the details and find out which is the best cryptocurrency to invest in today.
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Top Experts Point To Algotech (ALGT) As the Best New Crypto To Invest in 2024
Algotech (ALGT) is a decentralized algorithmic trading platform that is set to reshape the future of cryptocurrency trading through its groundbreaking technologies. In addition, Algotech’s (ALGT) robust infrastructure and cutting-edge machine learning capabilities empower ALGT users to engage in a secure trade and obtain maximized profits from their informed investments across the broader market.
On the other hand, the ALGT token is a powerful ERC-20 standard token that brings governance rights within the Algotech community as well as partial ownership rights for the Algotech software. However, early Algotech (ALGT) investors can also become part of the platform’s dividend scheme and regularly receive a fixed residual income.
ALGT is currently selling for just $0.04, meaning that investors during Stage 1 of the presale can expect up to 275% gains when Algotech reaches the projected $0.15 launch target. On top of that, experts believe that the rewards could skyrocket after the official launch due to Algotech’s revolutionary strategies, such as mean reversion, hedging, trend following, and arbitrage strategies. Don’t hesitate to diversify your portfolio with ALGT right away!
XMR Price Prediction: Could Monero Drop Under $144?
The price of Monero (XMR) has decreased by 6.23% within seven days, from $157 on January 16 to $147 on January 23. Bears expect more significant dips over the next XMR price movements based on the recent negative developments within the Monero (XRP) camp. For example, OKX delisted Monero (XMR) and several other privacy-based cryptos on January 5.
Furthermore, Monero’s (XMR) inability to consolidate above the $150 threshold has prompted several market experts to give a negative XMR price prediction. More precisely, XMR bears point out that Monero could sink beneath the $144 range during the first week of February.
However, XMR Bulls believe that the recent beta launch of the Samourai Swaps BTC-XMR atomic swaps platform could soon enable Monero (XMR) to improve its market performance. According to a recent optimistic XMR price forecast, Monero (XMR) could bounce back above the $155 mark as more users decide to buy Monero in the following weeks.
Speaking of which: https://t.co/cFDplv46AI Samourai Swaps beta is now “live”. https://t.co/OlLAKaNTf9
— TDevD [No KYC, no T&C, no 🍌] (@SamouraiDev) January 16, 2024
AVAX Price Prediction: Will Avalanche Continue Its Bearish Trend?
Avalanche (AVAX) has dipped by a substantial 21.78% over eight days, from $35.66 on January 15 to $27.89 on January 23. As for the latest pessimistic AVAX price prediction, Avalanche (AVAX) could trade at around $25 by the beginning of February. Analysts point to the decreased number of daily on-chain transactions on Avalanche’s (AVAX) C-Chain as one of the main factors behind this negative AVAX price prediction.
On the other hand, AVAX bulls point out that Avalanche’s increased development activity could soon result in a lengthy positive trend. In the best-case scenario, Avalanche (AVAX) holders could expect surges over $32 by the end of the month, which is why multiple experts have suggested AVAX as a good crypto to buy today.
In recent news, Avalanche (AVAX) announced a LinkedIn live event with Nick Mussalem of AvaLabs that is set to take place on January 24.
Algotech (ALGT) has the potential to leave Monero (XMR) and Avalanche (AVAX) in the dust, so make sure to join the Algotech presale today!
Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
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- Source: https://cryptonewsland.com/algotech-algt-presale-adoption-soars-in-european-markets/
