SUI Hits All-Time High after Strategic Partnership, Investors Remain Bullish on Algotech (ALGT) Presale
February 7th, 2024 at 7:18 am UTC · 3 mins read
/Algotech/ – Experts praise SUI as one of the top altcoins to buy in 2024 based on its outstanding market performance. On the other hand, many crypto enthusiasts have started to recognize Algotech (ALGT) as one of the most promising fresh market contenders. So, let’s explore the details and find out which of these coins is the best cryptocurrency to buy today.
TLDR
- SUI bulls expect surges toward $1.70 by the end of February.
- Algotech (ALGT) offers 275% gains at the ongoing public presale.
SUI Price Prediction: Is SUI a Good Investment Today?
The price of SUI has surged by 10.28% within five days, from $1.33 on January 28 to $1.47 on February 2. Furthermore, SUI reached as high as $1.64 on January 30, which represents a new ATH for the SUI crypto. Thus, bills are confident that the SUI crypto is set to resume its positive trend and approach the $1.70 threshold by the end of February.
This optimistic SUI price prediction is based on multiple factors, such as SUI’s massive surges in terms of TVL and trading volume. In addition, SUI’s latest strategic partnership has inspired multiple market experts to suggest SUI as the top crypto to buy in 2024. As the platform announced on January 18, SUI’s collaboration with the off-chain data feed oracle Stork has provided developers on the SUI blockchain with real-time pricing data.
Stork is happy to announce a strategic partnership with @SuiNetwork! 🎉
Developers on Sui can now access the lowest latency price feeds, customized for DeFi apps.
Stork has also received a development grant. Read more. ⬇️ pic.twitter.com/T0bAsib0Ij
— Stork: Pricing Infrastructure for DeFi (@StorkOracle) January 18, 2024
However, SUI bears warn of a possible downward trend in the next SUI crypto price movements after the unlocking of 34.62 million SUI tokens (worth around $53.31 million) on February 3. According to a recent negative SUI price prediction, SUI’s rising selling pressure could result in price drops toward $1.20 by the end of the month as holders decide to dump their SUI stock.
Experienced Crypto Traders Praise Algotech (ALGT) as the Best Coin to Invest in 2024
Algotech (ALGT) is a decentralized algorithmic trading platform that delivers maximized profits through its cutting-edge technological solutions. In addition, Algotech’s (ALGT) massive infrastructure and amazing machine-learning abilities empower ALGT users to trade with eliminated risks.
On top of that, Algotech’s (ALGT) developers are dedicated to advanced R&D for futuristic investment strategies such as arbitrage, hedging, trend following, and mean reversion. Thus, analysts claim that Algotech is set to propel the next crypto revolution through its highly innovative approach.
On the other hand, multiple crypto experts have pointed to ALGT as the best new crypto to invest in 2024 because of its fantastic benefits. For example, adopters of the powerful ALGT ERC-20 standard token receive partial ownership rights for the Algotech software and governance rights for upcoming proposals.
ALGT raised over $1.1 million during the private seed sale and is currently available for $0.04 at Stage 1 of the presale. Therefore, early ALGT investors could obtain unbelievable 275% gains when the token attains the $0.15 target over the next presale stages. However, Algotech’s unparalleled real-world utility could bring about much more substantial gains after ALGT launches on major exchanges.
Top experts recognize Algotech as a more rewarding long-term investment than SUI, so visit the presale today to become the potential winner of Algotech’s exciting giveaway!
Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.