Press Releases

Near Protocol (NEAR) and Dogwifhat (WIF) take massive hits, while Algotech (ALGT) soars with CEX Listing.

Near Protocol (NEAR) and Dogwifhat (WIF) Record Massive Losses, Algotech (ALGT) Stands Tall With CEX Listing

No cryptocurrency has been left unscathed in the recent  market correction. Big players like Near Protocol (NEAR) and Dogwifhat (WIF) among other projects have recorded up to -10% and above losses. However, projects like Algotech (ALGT) seem unaffected as its presale continues to rise especially with a CEX listing underway for the innovative platform. 

Near Protocol (NEAR) plunges to $6

Near Protocol is a crypto darling with its speed, low transaction fees, and developer-friendliness. Its adoption rate has secured it as a top layer-1 blockchain, surging to nearly 6m daily transactions in June. NEAR price however took a nosedive in that past 7 days, falling from $7.70 to $6.08. This is not accounting for prolonged losses from the end of May into June where the NEAR price was around $8. This losses have surpassed -15% with the broader crypto market still looking bearish. 

Dogwifhat (WIF) experienced a  -11% drop in one day 

Dogwifhat (WIF) rose to the top of the meme coin ladder in 2024 with its loyal and global fanbase, but more importantly, its marketing gimmicks. With a $2.6 billion market capitalization, Dogwifhat currently sits at number 4 in top 10 meme coins according to Coingecko. However, in a recent market correction that hit the crypto market between June 7 to June 11, WIF took a -11.32% in one day, falling from $3.58 to $2.53. 

Algotech climbs with its presale amidst broader market decline 

Algotech recently celebrated a $6.2 million milestone in its ongoing presale as a testament to its growing market adoption by institutional and retail investors. This milestone comes amidst a broader crypto market decline that has seen many cryptocurrencies shed their recent gains. 

Algotech sparks excitement among investors with its promise of a sophisticated trading tool that brings virtually any trader, regardless of experience, into consistent profitability. Algotech’s unique selling point is its adoption of cutting-edge technology like algorithmic trading, machine learning, and artificial intelligence to optimize and create the perfect trading experience. 

Closing in on 30,000 unique holders, Algotech positions itself at the forefront of emerging markets in the DeFi industry that could herald the dominant way of investing and trading in the nearest future.

The cryptocurrency market since the beginning of 2024 has shown great bias to projects in the meme coin and AI-crypto niches. Algotech has largely benefited from that bias alongside its unique value proposition that offers a solution not existing in the crypto market, yet. 

There’s an ongoing bonus stage ALGT presale with about 8 million ALGT up for grabs, track record from previous stages suggests that investors hurry up before this stage ends and a higher price at the next stage begins. 

To learn more about Algotech:

Visit the Algotech presale website

Join the Algotech community. 

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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