Algotech (ALGT) collects more than 500k in one day with ongoing presale

San Francisco, California, April 9, 2024, Chainwire

Algotech ( ALGT ) has re-emerged in a big way, raising $500,000 in one day during its ongoing presale. In less than four weeks of the current presale, Algotech has raised more than $3.5 million.

Algotech journey

Algotech started as an initiative by successful traders and technologists who wanted to democratize advanced trading tools for lay users. The group wanted to provide novice traders with the same high-tech tools used by hedge funds and large investment firms. Combining this with the effectiveness of blockchain technology, Algotech plans to become the leading platform for combining AI and blockchain technology in the business sector.

Bringing AI and finance together

Millions of new users are embracing blockchain technology in its most basic capacity. However, they still have to rely on traditional exchanges that design the ecosystem to encourage institutional investors. Algotech is addressing this challenge by introducing the first artificial intelligence (AI)-based exchange that allows users to gain an advantage in trading. The platform makes it easy for users to invest in cryptocurrencies and receive automated investment guidance.

Algotech key features

What makes Algotech stand out in the segment is the key features introduced for traders. Imagine a trading landscape where regular traders have access to the same tools and resources as hedge funds and large-scale institutional investors. These devices normally have large fees and are only available to certain institutions. This is exactly the challenge that Algotech is working to solve.

Here are the main features Algotech is working on:

Breakout detection

The detection feature is based on advanced algorithms that generate over 1000 unique data points to identify potential breakouts. These algorithms are trained on H100 GPUs to ensure that traders can find the right investment calls for highly accurate calls.

Shortening

Algotech enables traders to reduce investment risk by monitoring the level of cash supply, liquidity and spread. These factors generate alerts and allow users to implement advanced risk management, including automatic stop loss.

A large amount of mediation

This feature allows users to take advantage of price differences between different platforms using AlgoTech's technical APIs. With a high placement rate, users can easily handle traders.

The growing AI Blockchain segment

The growth of the AI ​​sector has been exceptional. Over the past few years, the sector has grown exponentially and today has a market value of more than $25 billion, according to Koingeco. In the next few years, this number is expected to explode further as millions of new users demand AI-based features in their everyday applications. One of the biggest areas of focus is the marketing sector. The global cryptocurrency exchange segment is currently valued at over $45 billion and is expected to reach $110 billion by 2028. Furthermore, beyond just cryptos, AI blockchain technology is expected to serve as the backbone of the global business ecosystem. This is where Algotech hopes to bridge the gap by introducing AI-based business features. These features allow novice traders to have a level playing field with leading institutional investors and seamlessly invest using AI as their guide.

About Algotech

As Algotech continues its journey to revolutionize decentralized finance (DeFi) with its innovative products, it's exciting to see the community's support for this mission. The platform is democratizing access to business tools for individuals around the world by providing AI features. In addition, Algotech is making investing more inclusive for the wider community by offering management rights and profit shares, making it easy for users to be the first part of the community. As the project moves through the stages, we can see the achievements on the horizon for Algotech, a true AI-blockchain project.

For more information on Algotech (ALGT), visit the links below:

Algotech is the source of this content. This press release is for informational purposes only. The information does not constitute investment advice or an investment offer. Investing in cryptocurrencies is volatile and risky.

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