Developers and users flock to Bittensor (TAO). Sui (SUI) becomes a DeFi powerhouse. Meanwhile, Algotech’s (ALGT) presale potential stokes optimism.
What role have these developments played in Bittensor (TAO) and Sui crypto’s performances? Let’s find out!
We will also go into detail about Algotech’s (ALGT) promising presale.
TLDR
- Bittensor (TAO) could reach $790.33 in 2024.
- Sui is set for more growth in 2024.
- Algotech (ALGT) offers more than presale profit.
Bittensor (TAO) Records Increased Interest
Artificial intelligence seems to be the hottest technology sub-sector recently. The increased prominence of AI platforms and models has spread to AI cryptocurrencies like Bittensor (TAO).
This rising interest was adequately captured in a January 17, 2024 report. The report showed that Bittensor’s (TAO) market cap and trading volume had increased to $1.59 billion and $11 million, respectively. The report also revealed that developmental activity rose 37% in the preceding 24 hours. Also, Bittensor’s (TAO) social volume clocked a 67% surge.
This heightened interest in Bittensor (TAO) boosted its price from $255.98 on January 17 to $326.31. This represents a 27.5% increase.
Analysts say Bittensor (TAO) could reach $790.33 as the AI industry expands throughout 2024. This makes Bittensor (TAO) one of the altcoins to watch this year.
Sui (SUI) Records DeFi Surge
On October 6, 2023, the Sui Foundation revealed that it was allocating 117 million Sui tokens from external market makers to bolster network growth. The funds were earmarked to specifically improve Sui’s DeFi ecosystem.
So far, it seems like this move has been successful. When the tokens were allocated, Sui’s highest-ever total volume locked (TVL) was $37 million. However, as of January 25, the TVL has surged a massive 868% to $358.22 million, according to data from DeFiLlama.
This growth is also reflected in the Sui crypto price. Sui’s price has increased by 171% from $0.435 to $1.178.
Analysts say that if Sui’s DeFi ecosystem keeps expanding, the price of its token might reach $1.692 in 2024. This makes Sui crypto one of the few cryptocurrencies projected to grow regardless of what happens in the wider market.
Algotech’s (ALGT) Presale Potential Excites Investors
Algotech (ALGT) is a new project currently in Stage 1 of its presale. The price of the Algotech (ALGT) token is now $0.04 and is expected to surge 275% to $0.15 just before the official launch. This projection has attracted many investors who view Algotech )ALGT) as the top crypto to invest in during the ongoing market downturn.
However, presale success is one of many exciting aspects of Algotech (ALGT). Algotech (ALGT) is a revolutionary algorithmic crypto trading platform that aims to make trading a more rewarding venture. The platform leverages AI, machine learning, and quantitative analysis to create data-driven algorithmic trading strategies for every market scenario.
Algotech (ALGT) also ensures speed, low latency, and efficiency through its robust technical infrastructure with high-frequency technology. This enables the platform to handle large-volume transactions and peak periods seamlessly.
To enjoy these features and benefit from the presale surge, you need to purchase ALGT for $0.04 on the Algotech website. ALGT holders also get voting rights, own part of the Algotech software, and share a percentage of the transaction fees on the trading platform.
All these make Algotech (ALGT) the best new crypto to invest in.