Algotech presale surpasses ZCash and Algorand in popularity
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- Algotech presale trending.
- ZCash may fall to $20.56 by Feb. 2.
- Algorand is under pressure
Amidst a challenging market landscape, the Algotech (ALGT) presale is trending, surpassing ZCash (ZEC) and Algorand (ALGO) in popularity.
Algotech presale state
While the crypto market faces headwinds, the Algotech presale is trending higher.
Investors expect ALGT prices to rise from $0.04 in stage 1 to $0.15 at launch.
Token holders receive voting rights, regular dividends, and rewards such as the latest Apple devices and a crypto finance kit.
Algotech’s focus on trading strategies further distinguishes it from competitors.
Binance could delist ZCash
On Jan. 4, 2024, Binance placed a “risk warning tag” on multiple cryptocurrencies, including ZCash (ZEC).
The tag means that the coin is volatile and risky.
Binance may even delist ZEC in the future.
Following this announcement, ZEC prices fell by 3% in 24 hours.
As of Jan. 26, ZEC was down 6%, with analysts forecasting further sell-offs to $20.56 by Feb. 2.
Algorand’s roadmap fails to impress
On Jan. 17, 2024, the Algorand development team unveiled their Technology Roadmap.
Plans revealed include:
- A Consensus incentive scheme.
- The upcoming launch of AlgoKit version 2.
- Enhancements to network speed.
Following this, ALGO rose from $0.189 to $0.199. However, this didn’t last as prices plunged 6% to $0.167.
Analysts remain bearish on Algorand, expecting the coin to crash to $0.159 by Feb. 2.
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