Shiba Inu and PEPE Tease Higher Price As Investors Prioritize Algotech (ALGT) Ahead Of Huge Bull Run
Two tokens have recently captured the attention of investors: Shiba Inu (SHIB) and PEPE. Meanwhile, there is a growing enthusiasm for algorithmic trading, and this is where newcomer Algotech (ALGT) thrives.
Which of these presale coins will be the star of the impending 2024 bull run? Let’s find out.
FHE Launch Triggers 205.71% Shiba Inu (SHIB) Increase
In the latest SHIB news, Shiba Inu (SHIB) unveiled the adoption of Fully Homomorphic Encryption (FHE), marking a milestone in data privacy and security within the Web3 ecosystem, both for users and developers.
This development that happened in the last week of February elicited a 205.71% rise within a week when SHIB shifted from $0.00001174 to $0.00003589. Looking ahead, experts believe Shiba Inu (SHIB) will soar to $0.00006483 by Q4 of 2024, indicating an 80.64% ascent from its $0.00003589 price in the first week of March.
PEPE Recovers From 6.56% Decline Post Binance Deal
Q4 of 2023 saw Binance, a popular cryptocurrency exchange, launch a deal where users could borrow money using PEPE tokens as collateral. This move triggered a 6.56% fall in PEPE price as it moved from $0.000001387 to $0.000001296 within a month.
However, PEPE rebounded from the downturn and was valued at $0.00000703 in the first week of March. Analysts predict that PEPE will ascend to $0.00000994 by Q4 of 2024, indicating a 41.39% upturn from $0.00000703 in the first week of March.
Algotech (ALGT) Inches Closer to Top Position
Algotech (ALGT) has been delivering on its promises since its launch. Having raised $1.1 million in its seed/private sale, this has been a walk in the park.
Algotech (ALGT) is in Stage 2 of its public presale and is selling at $0.06, which marks a 50% increase from $0.04 in Stage 1. Analysts forecast that the price will hit $0.15 when the token presale ends, signifying a 275% ROI.
What’s more, Algotech (ALGT) is giving away prizes like iPhones and iPads as well as tickets to the Blockchain Life event to lucky winners. Clearly, there are many reasons why investors would put this presale coin ahead of others.
