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Polygon (MATIC) Introduces Type 1 Prover; Shiba Inu’s (SHIB) On-chain Activity Soars; Algotech (ALGT) Leads In Coin Presale 2024 Category

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Crypto enthusiasts believe that it is an opportune moment to invest in cryptocurrencies as the market is bullish. Projects like Polygon (MATIC) and Shiba Inu (SHIB) seem to be good investment options. However, the project that has gained attention from bulls is Algotech (ALGT). This newly launched token has raised over $374k within a few days. So, let’s see what makes this project so attractive.

Polygon (MATIC) Aims To Enhance Network Efficiency

To enhance the functionalities of its network, Polygon (MATIC) has unveiled the “type 1 prover.” With this development, Polygon (MATIC) will enable EVM chains to adopt zero-knowledge scaling technology. According to Polygon (MATIC), the prover will help facilitate proof verification and settlement on the Ethereum blockchain.

However, Polygon (MATIC) has not disclosed the launch date for “type 1 prover.” Meanwhile, some reports suggest that the Polygon (MATIC) network can launch it later this year. Meanwhile, Polygon (MATIC) has witnessed a price increase of 6% in the last week. At press time, Polygon (MATIC) is changing hands at $0.88.

Shiba Inu (SHIB) Sees Surge In Transaction Volume

Last week turned out to be favorable for Shiba Inu (SHIB), which has witnessed a price surge. During the last seven days, Shiba Inu’s (SHIB) market value saw a 7% jump. Consequently, Shiba Inu (SHIB) currently trades at $0.00000968.

Now, the latest network data suggest that Shiba Inu (SHIB) can easily sustain its growth. As per data from IntoTheBlock, the on-chain activity of Shiba Inu (SHIB) has increased by a staggering 340% within 24 hours, on February 13.

Notably, the transaction volume of Shiba Inu (SHIB) has jumped from 1.28 trillion tokens to a whopping 4.35 trillion. It signals a further ascent of Shiba Inu (SHIB) tokens.

Algotech (ALGT) Investors Set To Earn 275% Presale Profit

The changing market conditions have increased the demand for algorithmic trading. Notably, algo trading offers benefits like low transaction cost, high speed, and 100% accuracy. Therefore, it accounts for around 70% of the overall global trading volume. Algotech (ALGT) has unveiled a new algo-based crypto trading platform.

This new trading platform boasts advanced technologies. The platform mitigates potential losses, and increases profitability through effective strategies. It observes market trends in real time, and identifies the best investment options. Hence, traders will be able to modify their trades and make big money in a short period. It will also collaborate with leading crypto exchanges to support multiple trading pairs.

The platform will support arbitrage to exploit price differences between multiple crypto exchanges. Algotech’s (ALGT) USP is its scalability. The platform can handle a bunch of transactions without compromising its speed.

Therefore, the demand for Algotech’s native token, ALGT, has skyrocketed. Interestingly, the owners of presale Algotech (ALGT) tokens can win several giveaways. It includes getting the latest iPhone, Apple Watch, or VIP tickets to a blockchain event in Dubai. Moreover, holders of Algotech (ALGT) tokens will also get voting rights on the platform.

Over 20% tokens of the presale’s first stage are subscribed within days of its launch. At present, you can book an Algotech (ALGT) token at a mere $0.04. However, analysts have already predicted that the token’s market value can shoot up by 275% during the presale round. Moreover, you can book your presale ALGT tokens for just $25.

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