Mark Cuban holds Polygon and Injective; Algotech likely to rally
![Mark Cuban holds Polygon and Injective; Algotech likely to rally](https://crypto.news/app/uploads/2024/02/crypto-news-bull-option03.webp)
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Polygon (MATIC) and Injective (INJ) are trending after Mark Cuban’s investment. Algotech (ALGT) raised $1.1 million in its seed sale, selling ALGT for $0.02.
Polygon downsizes
In a recent AMA session on X, Mark Cuban divulged that he had invested in Polygon and Injective.
Following this, MATIC prices rose.
However, a few days later, Polygon Labs said it laid off 60 employees.Â
The decision to downsize has raised concerns about the future of MATIC.
Injective price analysis
Like MATIC, INJ prices rose after Cuban’s comments.
Some experts predict INJ will reach $71 in a year.
In late January, INJ prices rose from $31.99 to $34.11.
Algotech presale
Algotech raised $1.1 million in two days of its private sale. Then, ALGT was offered for $0.02.
In the current presale, ALGT is available for $0.04. Supporters say the token will roar to $0.15 by the end of the presale.
Algotech generates revenue by offering users its algorithms a 30% performance fee.
ALGT holders enjoy governance and ownership rights.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.