As the crypto world is evolving, presales have become the best way to multiply money in a short period. The recently launched presale of Algotech (ALGT) has made a big wave in the industry. It has attracted individual investors as well as whales. Therefore, its presale has raised over $622,000 within days of its launch.
Meanwhile, stablecoins like First Digital USD (FDUSD) and USDC (USDC) have been trading in the red.
First Digital USD’s (FDUSD) Trading Volume Surges
The latest on-chain data suggest that the trading volume of First Digital USD (FDUSD) has surged significantly. According to The Block, the trading pairs of First Digital USD (FDUSD) have reached the highest spot trading volume on Binance.
Currently, the share of First Digital USD (FDUSD) in spot trading volume on Binance is 38%. Notably, First Digital USD (FDUSD) has witnessed an increase of 42.6% in the past month. As per experts, Binance’s decision to end support for BUSD has also boosted the First Digital USD (FDUSD) trade on the exchange.
However, the price of First Digital USD (FDUSD) has fallen by 1% in the past week. Consequently, First Digital USD (FDUSD) is currently changing hands at $0.99.
USDC (USDC) Sees Expansion In Africa
USDC (USDC) has received major support in its market expansion. This development can help USDC (USDC) see a surge in its current price of $0.998. Recently, Yellow Card, the African stablecoin ramp, announced that it will introduce USDC (USDC) on the Stellar network.
Through this integration, Yellow Card users will be able to complete USDC (USDC) transactions at low fees. Besides, Yellow Card has also made efforts to promote the USDC (USDC) stablecoins.
The stablecoin ramp will award 5 USDC to all customers who transfer a minimum of 3 USDC tokens via Stellar. According to experts, this partnership will give a significant push to USDC (USDC) in the African continent.
Algotech (ALGT) Presale Becomes Best Buy In 2024
The latest market data reveals that the use of algorithmic trading is rising. The market size of algorithmic trading is likely to reach $41.9 billion by 2030. It presents a massive growth opportunity. Now, a new project, Algotech (ALGT), is going to launch an algo-based trading platform.
Algotech (ALGT) uses advanced technologies to simplify trading and maximize profits for investors. It has also planned to utilize artificial intelligence to track live market trends and data. Hence, on this platform, traders can alter their trade strategies in real time to minimize risk.
Algotech (ALGT) will collaborate with several leading crypto exchanges. It will help traders invest in multiple trading pairs. The platform also boasts a social trading feature. Here, users can copy the trades of professionals and successful traders.
The Algotech ecosystem has launched ALGT as its native token. The token holders will get a plethora of benefits. They will receive governance rights as well as a percentage of the platform’s profit. Besides, the token has also planned for giveaways to the owners of presale ALGT tokens.
The tokens’ presale is live, and is currently in its first stage. More than 15 million ALGT tokens have been sold so far. Remember that the total supply of Algotech (ALGT) tokens is set at 350 million. Hence, you must hurry to lock your tokens.
At present, you can purchase an ALGT token for just $0.04. However, it is ready to jump to $0.06 in the next stage. Moreover, experts believe that the token’s value can skyrocket by 275% to reach $0.15 before the presale round culminates.
Learn more:
From Zero to Web3 Pro: Your 90-Day Career Launch Plan
