The ever-changing world of cryptocurrency has caught the attention of major players in the market, including Shiba Inu (SHIB) and Notcoin (NOT) whales. These influential investors are now redirecting their profits towards Algotech (ALGT), an innovative AI project that has been dubbed the “Best Presale of 2024.”
Shiba Inu (SHIB) has recently experienced a turbulent journey, with a 10% decrease in value over the past 24 hours, bringing its current price to $0.00001816. This drop in whale activity can be attributed to market instability and a trend of profit-taking, leading large holders to proceed with caution and reduce their exposure to the market.
According to data from Santiment, leading whale wallets have been decreasing their holdings of Shiba Inu (SHIB) on various exchanges since late May. These collective whales currently hold 168 trillion SHIB coins, making up 29% of the total circulating supply of 589 trillion SHIB.
Notcoin (NOT), the cryptocurrency associated with the popular Telegram game, has also faced a significant decline, dropping by 44% from its all-time high price. Despite this recent setback, Notcoin (NOT) has shown impressive growth over the last month, with a 132% surge in value, positioning it as one of the top-performing digital assets in this period.
Despite recent challenges, Notcoin (NOT) maintains a substantial trading volume and holds the 51st position in market capitalization, valued at $1.6 billion. However, continuous selling pressure may cause this altcoin to drop out of the top 55 cryptocurrencies.
In contrast to the fluctuations in Shiba Inu (SHIB) and Notcoin (NOT), the Algotech presale has attracted the attention of top investors, raising an impressive $7.8 million so far. This presale, currently in the bonus stage with a token price of $0.08, has garnered interest due to its $1.2 million investment in H100 GPUs to enhance its AI system’s speed, accuracy, and overall capabilities.
Algotech’s unique features, including diverse algorithm strategies, advanced risk management tools, and a commitment to decentralization and transparency, have garnered support from prominent platforms like BitMart. The platform utilizes machine learning and AI to analyze market data and provide valuable insights for decision-making.
The project’s roadmap outlines ambitious plans to enhance user experience, introduce new order types, and expand support for a wider range of cryptocurrencies and digital assets. With a focus on decentralized finance (DeFi), Algotech aims to establish itself as a leading platform in the cryptocurrency market.
To learn more about the Algotech presale and join the Algotech community, visit their website.