As the crypto market enters a bull phase after Bitcoin’s massive surge above $70k, Aptos (APT) and Litecoin (LTC) are demonstrating strength with significant price hikes. With high capital inflows amidst their recent developments, analysts project substantial gains for these tokens in the upcoming weeks.
Aptos price surges as daily active users exceed 270k
Aptos (APT) has experienced notable growth in recent days. The Project recently achieved a significant milestone after daily active users on its Proof-of-Stake blockchain surged from 64,000 to 271,000, positioning it ninth among all protocols within a month. The growth in the blockchain’s user base showcases Aptos’s positive outlook in the crypto sector.
[Emdedded tweet]
Aptos shows notable strides mainly driven by innovative developments and strategic collaborations. Aptos Labs announced a collaboration with Google Cloud to launch Aptos GameStack. Moreover, the Aptos Foundation aims to collaborate with Movement Labs offering seamless interaction between Aptos and Ethereum-based applications, networks, and infrastructures built on Movement.
APT’s price is up 19% on the weekly chart, currently trading at $17.5. Despite a minor dip in price on the intraday chart, analysts believe that APT can move towards $20 due to optimism surrounding the project’s prospects.
Litecoin surged by 18% after the CFTC labeled it a commodity
Litecoin (LTC) is experiencing a remarkable surge as it inches closer to being recognized as a commodity. The Commodity Futures Trading Commission has acknowledged Ethereum and Litecoin as commodities in the Kucoin case, indicating a potential reclassification of cryptocurrencies.
The LTC holder base has grown consistently recently, reaching the milestone of 8 million. Furthermore, the recent upgrade to Litecoin Core v0.21.3rc3 highlights the project’s commitment to improving network security and functionality, further strengthening its position in the crypto sector.
[Emdedded Tweet]
Over the past 24 hours, LTC price has surged 7.5%, trading at $94.7. The token is showing a consistent bullish trajectory, rising 18% in a week with massive on-chain activity observed. While LTC is ready to skyrocket above its current level, another DeFi project steals the spotlight with its remarkable presale performance and community-centric initiatives.
Algotech (ALGT) steals the spotlight with its $250k giveaway
Algotech (ALGT) is an emerging project that empowers traders using decentralized intelligence and machine learning with its algorithmic TradFi platform. The project has recently announced its massive $250k giveaway to ten lucky winners. The opportunity presents a chance to win 25000 ALGT tokens with prices projected to skyrocket once they hit exchanges.
The anticipated giveaway highlights Algotech’s community-centric approach. The company is committed to revolutionizing the DeFi sector with its extensive roadmap and scalable infrastructure. The announcement follows a remarkable performance in stage 2 of the presale, raising $3.1 million with over 75 million ALGT tokens sold to 8,500 unique holders within two weeks.
Algotech’s unique features, including hedging, breakout trading, and mean reversion, can become highly relevant with the increase in the use of AI-based trading techniques. The ERC-20 token is backed by deflationary tokenomics. With projections of a 1200x surge, Investors rush to buy the ALGT token at $0.06.
Learn more:
