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In the rapidly evolving decentralized finance (DeFi) sphere, two prominent blockchain platforms, Avalanche (AVAX) and NEAR Protocol (NEAR), have recently witnessed a significant upswing. As these platforms continue to gain momentum, an upcoming ICO, Algotech (ALGT), emerges with ambitious plans to revolutionize the digital asset market.
Can Algotech (ALGT) outdo its more established counterparts? Stick around to discover.
TLDR
- Durango Upgrade Boosts AVAX Price by 1.36%.
- NEAR Protocol (NEAR) set to experience a 20.73% surge following the Durango upgrade.
- Algotech (ALGT) presale unfolds with ease as it prepares to surpass expert projections.
Avalanche (AVAX) Unveils Durango Upgrade: AVAX Set to Experience 7.62% Upturn
Avalanche (AVAX) recently announced on X a major Durango update on its Fuji testnet. This development was shown to the public on February 13, 2024. It’s a significant step for Avalanche (AVAX) because it helps to improve the system in three main ways: handling more activity, making it safer, and working better with other systems.
What was the effect of this news on AVAX price? On February 13, AVAX price was at $39.77 and as of February 16, AVAX price was at $40.31, marking a 1.36% increase within a week. While this is not an elaborate upswing, Avalanche (AVAX) may soar further. Why? The Durango upgrade includes changes recommended by developers to make things easier for users and to make Avalanche (AVAX) work better with Ethereum.
Looking ahead, analysts predict a bullish outlook for Avalanche (AVAX). They believe Avalanche will be trading at $43.38 by the end of Q1 of 2024. This will mark a 7.62% surge for Avalanche (AVAX) from its current price of $40.31, which is quite commendable.
NEAR Protocol (NEAR) Recovers from Fluctuations: Hits $3.28 After Strategic Collaboration with KAP Games
On December 16, 2023, KAP Games teamed up with NEAR Protocol (NEAR) as a strategic move. NEAR Protocol (NEAR) will help support KAP Games by giving them grants, which means money to help them grow.
Following this news, NEAR Protocol (NEAR) witnessed a 35.71% uptick within a month, with the price surging from $2.38 on December 16 to $3.23 on January 16. Although NEAR Protocol (NEAR) fluctuated after that and even hit the $2 mark, it has since recovered.
As of February 15, NEAR Protocol (NEAR) was trading at $3.28, which signifies a 37.82% rise since the KAP Games collaboration date price of $2.38. Moreover, experts predict that NEAR Protocol (NEAR) will continue rising to $3.96 by the end of Q1 of 2024, indicating a 20.73% upswing.
Appealing $0.04 Entry Price Positions Algotech (ALGT) as a Top Crypto to Buy
Algotech (ALGT) has made a big splash in the world of digital money with its recent private funding round. The platform raised an incredible $1.1 million in just two days, capturing investor interest. Moreover, this performance showcases Algotech’s (ALGT) reliability and its future in decentralized finance. Unlike some other projects that rely on hype, the success of Algotech (ALGT) comes from its strong foundation and new ways of trading using algorithms.
One of the most notable aspects of Algotech (ALGT) is that its trading tools are advanced and can help new and experienced traders. Currently, in Stage 1 of its token presale, Algotech (ALGT) is selling at an attractive price of $0.04. This price is anticipated to go up to $0.15 by the time Algotech h (ALGT) hits major exchanges to mark a 275% rise.
What’s more, Algotech (ALGT) has an ongoing giveaway where lucky participants win smart gadgets to facilitate trading and exclusive tickets to the Blockchain Life Event to be hosted in Dubai. With all this in mind, there’s no reason why you should not get this presale coin.
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