Algotech AI features leave Shiba Inu behind as SHIB whales rake in over $1.1 million in viral pre-sales

Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on goods, services or content mentioned in the press release.

Algotech, an advanced algorithmic trading platform, is taking over the cryptocurrency world, leaving the once dominant Shiba Inu (SHIB) behind. SHIB whales bought up Algotech’s native token, ALGT, during the project’s viral presale amid this frenzy. Meme coin mania came and went, and people’s attention shifted to projects with real-world examples and disruptive potential.

Shiba Inu faces a 3.41% price drop despite a 310% burn rate increase

Shiba Inu, the second largest meme cryptocurrency by market capitalization, has been experiencing ups and downs lately. Although the burn rate increased by over 310% on May 31, the token’s price fell by 3.41% to $0.00002572. This downtrend raised concerns among investors as it approached the crucial support level at $0.000025.

The 24-hour trading volume for SHIB also fell by a significant 46% to $892.22 million. Additionally, the meme coin’s open interest fell 9.99% to $106.59 million, according to data from Coinglass. This decline in trading activity contributed to the bearish sentiment surrounding Shiba Inu. Amid this uncertainty, Algotech emerged as an innovative project, attracting significant investment from SHIB whales during the ongoing viral pre-sale.

Shiba Inu whales invest $1.1 million in Algotech AI presale

Shiba Inu investors spent a massive $1.1 million to purchase Algotech’s ALGT token. This shows that Algotech AI’s new approach to crypto trading is getting attention. Experienced investors are likely to see Algotech AI as a smart way to expand their investments and benefit from the rapidly changing crypto market.

A major reason why Shiba Inu investors may be attracted to Algotech is its use of advanced technologies such as algorithms, machine learning and artificial intelligence. These innovative methods can make trading easier, help manage risk better, and provide an advantage in the dynamic crypto markets. This aligns with investors’ objectives to increase profits and reduce risks.

Algotech AI’s strong technical infrastructure, which offers high speeds, reliability and easy-to-use features, likely also appealed to Shiba Inu investors. These investors understand the importance of fast transactions and managing high volumes efficiently, which Algotech AI promises to deliver. Furthermore, the platform’s attractive rewards system and current viral giveaway may have further motivated these investors to secure a meaningful stake in the project’s future growth and success.

$250,000 Mega Giveaway by Algotech Sparks Community Excitement

Algotech’s goal is to create an active and thriving community. They offer a unique rewards program that shares company profits based on investments. The program has several levels, with higher investment amounts yielding greater profit shares. The ‘Sea Urchins’ level gives 1% of the profit for an investment of €500,000. The highest level of “The Kraken” offers an impressive 10% profit share for a $12,000,000 investment.

Additionally, Algotech announced a $250,000 giveaway. Ten lucky winners will each receive $25,000 worth of ALGT tokens. This exciting opportunity created buzz in the crypto world. Participants eagerly complete tasks and unlock bonus entries to increase their chances of winning.

For more information about Algotech:

Visit Algotech presale
Join the Algotech community

Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on goods, services or content mentioned in the press release.