Cyprus Mail
BusinessCryptocurrenciesSponsored Content

Chainlink (LINK) and THORChain appear promising, but investors opt for bigger gains on Algotech (ALGT) presale

chainlink

The crypto market is turning from bearish to bullish as prices rise. Consequently, investors are wondering which coin is the best to buy now as they seek to recover their losses. Chainlink (LINK), THORChain (RUNE), and Algotech (ALGT) are some of the assets on investors’ radar.

Let’s explore Chainlink (LINK), THORChain (RUNE), and Algotech (ALGT).

algoTLDR

  • Chainlink (LINK) is banking on partnerships to drive profits for investors.
  • THORChain (RUNE) is bullish and projected to reach $6 in March.
  • Algotech (ALGT) presale promises humongous profits for those who buy now. 

Chainlink (LINK) attracts investors with new partnerships

On January 29, 2024, Chainlink (LINK) announced a collaboration with Protocol Labs. The partnership aims to empower Chainlink BUILD participants to build Dapps faster and affordably, assisted by developer tools, engineering support, credits, and services from Protocol Labs. Consequently, Chainlink price surged 7% from $14.51 to $15.47 on January 31. 

In February, Chainlink (LINK) continued its price surge as a dormant whale acquired 4.5 million Chainlink tokens in three days. Urged on by the confidence of this whale, Chainlink (LINK) investor optimism surged, leading to massive demand and a significant Chainlink price surge. As a result, Chainlink (LINK) gained from $18.3 to $20.58, between February 6 and February 13, an 18-month, all-time high. 

Based on this price activity, experts suggest a bullish sentiment for Chainlink (LINK), projecting that its price may continue to rise in the short term. Technical analysis shows its RSI at neutral and its price trading above the 20 and 50-day EMAs. Chainlink price projections suggest it may reach $25 in March.

THORChain (RUNE) thrives amidst growing popularity and demand

On January 23, 2024, Symbiosis Finance partnered with THORChain (RUNE) to enable efficient native Bitcoin (BTC) swaps in over 20 networks. Consequently, THORChain (RUNE) price spiked from $3.92 to $4.11 the following day. 

Subsequently, THORChain (RUNE) price rose as investor confidence and demand rose. Between February 5 and February 13, THORChain (RUNE) price surged 26% from $4.29 to $5.42

Based on this information, experts suggest that THORChain (RUNE) is running on a bullish sentiment. Technical analysis shows that THORChain (RUNE) is trading above its 200-day EMA with its RSI northbound, fuelling optimism for a price rise. Additionally, its MACD is drawing green histograms, confirming a bullish movement. 

Consequently, THORChain (RUNE) projections indicate it may reach $6 in March. 

Algotech (ALGT) promises better returns than top Altcoins in ongoing presale

Algotech (ALGT) is a decentralized algorithmic crypto trading platform that incorporates machine learning to transform trading. Its robust programming enables the automation of strategies, capital protection, easy data analysis, and increased profitability.

These benefits to traders are driven by the robust technical infrastructure underpinning Algotech (ALGT) and its blockchain permutation. Moreover, Algotech’s (ALGT) team consists of innovative trading experts and technology gurus looking to better the trading experience for those who come after them. 

Users are guaranteed exceptional support, continued R&D, and information updates to ensure traders stay abreast with industry news and trading education to enable their success. 

As an investment avenue, Algotech (ALGT) is poised to be the best coin to invest in 2024. Its ongoing coin presale 2024 promises early investors low prices, high profits, voting rights, and regular dividends that enable passive income. It also has significant giveaways for eligible investors. 

Algotech (ALGT) is in Stage 1 of its public presale. Investors can buy it at $0.04 and anticipate a 275% profit when the presale ends at Stage 4. Projections indicate that Algotech (ALGT) will have hit $0.15, its expected launch price. Join the presale today and stand a chance to win the full crypto finance kit and crypto education.

Follow these links to learn more about Algotech (ALGT) presale.

Visit Algotech Presale
Join The Algotech Community

 


DISCLAIMER – “Views Expressed DisclaimerViews and opinions expressed are those of the authors and do not reflect the official position of any other author, agency, organization, employer or company, including NEO CYMED PUBLISHING LIMITED, which is the publishing company performing under the name Cyprus-Mail…more


 

Follow the Cyprus Mail on Google News

Related Posts

Startups Can Now Apply for ReflectX Startup Programme, Unlocking Exclusive Benefits to Accelerate Their Journey

Press Release

Tesla to lay off more than 10 per cent of staff globally as sales fall

Reuters News Service

Cyprus minister in Abu Dhabi for energy conference

Souzana Psara

South African property giant invests in Nicosia malls

Souzana Psara

Top 5 Cryptocurrencies to buy in 2024

CM Guest Columnist

Tepak joins €2.8 million maritime research project

Kyriacos Nicolaou