Arbitrum (ARB) Backs Upgrades as Whales Transact JasmyCoin (JASMY) while Algotech (ALGT) Reaches 275% Presale

March 7th, 2024 at 11:10 am UTC · 3 min read

Arbitrum (ARB) Backs Upgrades as Whales Transact JasmyCoin (JASMY) while Algotech (ALGT) Reaches 275% Presale
Photo: Algotech

/Algotech/ – Although most cryptocurrencies are currently in the green, Algotech (ALGT) has stolen the limelight with its presale pump. This new project has sold more than 48 million of its presale ALGT tokens within a few weeks. Meanwhile, holders of Arbitrum (ARB) and JasmyCoin (JASMY) are also jumping ships to gain enormous returns in the coming months.

Arbitrum (ARB) Launches New Upgrade

The adoption of Arbitrum (ARB) is increasing as indicated by its record-high total value locked (TVL). As per L2 Beats, the TVL of Arbitrum (ARB) has surpassed $15 billion. Besides, the trading volume of Arbitrum (ARB) has also spiked lately.

To sustain its network growth, the ARB team has activated the ArbOS 20 Atlas upgrade on Arbitrum Sepolia. Through this, Arbitrum (ARB) aims to expand its data blob capacity, and reduce gas fees on the network.

Subsequently, Arbitrum (ARB) has been able to attract investors as well. Currently, Arbitrum (ARB) trades at $2.08, after witnessing a 18% price surge in the past month.

Whales Accumulate JasmyCoin (JASMY)

2024 has turned out to be a boon for JasmyCoin (JASMY), which has witnessed a massive increase in its value. In the past 30 days, the market value of JasmyCoin  (JASMY) has surged by a staggering 334%.

Consequently, JasmyCoin (JASMY) is currently changing hands at $0.0226. The on-chain data indicates whales have accumulated a large sum of JasmyCoin, pushing JASMY’s price northward.

However, the latest event, wherein a JasmyCoin  whale deposited 20 million JASMY to Binance, has caused concern among investors. Some fear that if JasmyCoin whales engage in large-scale profit-taking activities, JASMY can suffer a severe fall. Meanwhile, JasmyCoin ’s (JASMY) market cap has surpassed $1.1 billion.

Algotech (ALGT) Presale Gathers Supersonic Pace

The craze and adoption of algorithmic trading has been surging for the last few years. The share of algorithmic trading in the spot FX market is now around 75%. Riding high on this growth momentum, Algotech (ALGT) has planned to launch a new crypto trading platform.

The new trading platform will be based on advanced algorithms. It will use artificial intelligence and machine learning for accurate and fast trading. Algotech (ALGT) will identify growing and profitable investment options, and notify traders about them. Eventually, traders can benefit from both short-term and long-term trade positions.

Moreover, the platform will offer a range of deposit options. Algotech (ALGT) will partner with leading crypto exchanges to support multiple cryptocurrencies. Algotech will have ALGT as its native token, and its owners will be in a treat.

If you purchase ALGT tokens during the ongoing presale, you can participate in a lottery. If you are lucky, you can win the latest iPads, Apple Watches, and two VIP tickets to a blockchain event in Dubai. Besides, you can also earn a share of the platform’s revenue. Algotech (ALGT) users can earn from 1% to 10% of the project’s profit. Additionally, they will get governance rights on important matters.

The first stage of Algotech’s (ALGT) presale is complete, with the price of an ALGT token rising from $0.04 to $0.06. However, as per experts’ prediction, the value of an Algotech (ALGT) token will increase by 275% before the end of the presale phase.

Learn more: Visit Algotech PresaleJoin The Algotech Community.

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