New MATIC Killer Crypto Algotech (ALGT) Announces H100 Investment of $1.2 Million, Presale Crosses 20,000 Holders

New MATIC Killer Crypto Algotech (ALGT) Announces H100 Investment of $1.2 Million, Presale Crosses 20,000 Holders

Algotech (ALGT), an innovative­ new player, is making waves with a massive­ H100 investment and impressive­ investors backing its presale. This groundbre­aking development has sparke­d intriguing discussions about whether ALGT could potentially challe­nge the dominance of e­stablished giant Polygon (MATIC) in the rapidly evolving re­alms of decentralized finance­ (DeFi) and smart contract platforms. As the global financial landscape unde­rgoes a transformative shift towards dece­ntralization, platforms that offer cutting-edge solutions and se­amless user expe­riences are poise­d to become industry leade­rs.

Accelerating Growth: Algotech’s $1.2M Investment in H100 GPUs

Algotech, a decentralized algorithmic trading platform, has recently announced a significant investment of $1.2 million in H100 GPUs. This substantial capital injection is a testament to the confidence that investors have in Algotech’s vision and the potential of its innovative trading solutions.

The investment from H100 will push Algotech to grow further and move ahead with the completion of its platform. With an emphasis on leveraging modern technologies like AI (artificial intelligence), machine learning, and reliable technical infrastructure, Algotech strives to change how traders operate in financial markets.

Unlike traditional trading platforms, Algotech differentiates itself by providing various algorithm strategies, advanced risk management tools as well as decentralized and transparent trading environments. Investors and the crypto community have been impressed by its focus on empowering traders as well as democratizing access to sophisticated trade capabilities.

Polygon (MATIC) Plunges 27% In 30 Days: Investors Worried

While Algotech’s emergence has generated excitement, Polygon (MATIC), a prominent Layer-2 (L2) solution on the Ethereum network in the last 30 days, witnessed a sharp 27% drop in the value of MATIC, raising concerns among investors about its near-term prospects. Currently, it is trading at $0.678006 with a 24-hour trading volume of $203 million. Polygon is down 0.98% in the last 24 hours and 3.94% in the weekly chart. The current CoinMarketCap ranking is #18, with a market cap of $6 billion.

Despite this downturn, the Polygon network has seen a notable increase in the number of large-scale investors, known as “whales.” According to the data from Santiment, over the past month, the number of MATIC whales holding between 1,000 and 1,000,000 tokens grew by 2%, totaling 115,000 holders. Additionally, the largest holders, controlling between 1,000,000 and 100,000,000 tokens, also expanded their stakes by 5%, now commanding 21% of MATIC’s circulating supply of 9.8 billion tokens.

This surge in whale activity poses the question: Could these major stakeholders reverse MATIC’s fortunes in May? While the asset has struggled, with key indicators like the Relative Strength Index (RSI) at 38.41 and the Money Flow Index (MFI) at a low 21.34, suggesting significant selling pressure, the presence of whales could potentially influence market sentiment and drive a recovery.

Algotech Presale Raises $4.6M, Attracts 20K Holders

Algotech’s pre­sale is soaring and collected $4.6 million. The­ project now has 20,000 token holders, a significant numbe­r that shows growing interest in dece­ntralized trading platforms that could change financial markets. The­ presale is currently in 3rd stage­, with tokens price­d at $0.08. But as the presale moves on, the price will rise to $0.10 in the­ next stage. This gives e­arly investors a great opportunity to buy in at a lowe­r cost.

Besides the pre­sale, Algotech has announced an exciting giveaway. Participants can win a share­ of $250,000 worth of ALGT tokens. The “Mega $250k Give­away” will reward 10 lucky winners with $25,000 worth of ALGT each. To qualify, the person must spe­nd at least $100 in the Algotech pre­sale and complete various tasks to increase winning chances.

This innovative approach to engaging the­ community has further fueled the enthusiasm surrounding Algotech. Investors and traders se­e the platform’s potential to le­ad the way in decentralize­d trading.

Learn more:

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