Algotech’s third pre-sale round has begun, raising over $3.5M so far

Key receivers

Algotech has completed its second pre-sale round and has raised over $3.5 million so far.

The project seeks to provide AI solutions for fast-paced cryptocurrency trading.

Algotect's pre-sale is running smoothly and has recently set another important milestone. Investment in the project continues to grow as the broader cryptocurrency market looks set to rise in the coming weeks.

What is Algotech?

To understand why investors buy into Algotech, you need to understand what the project is and the solution it provides to users.

Algotech is a decentralized algorithmic trading platform designed specifically for the fast-paced world of cryptocurrency trading. According to their white paper, Algotech's platform comes with advanced algorithms and machine learning features that help traders navigate the complex crypto markets efficiently, accurately and precisely.

The project is introducing AI into the cryptocurrency trading space. With Algotech, traders don't face the limitations and challenges associated with manual trading as they have a robust infrastructure and sophisticated trading strategies.

Algotech's algorithms are fast, smart and accurate, ensuring traders execute accurate and consistent investment strategies.

Why should traders use Algotech?

The cryptocurrency market has been bullish since the beginning of the year, with the total market cap now approaching $3 trillion. As more retail and institutional investors enter the market, traders must have an edge to allow them to take advantage of the growing capital. This is where Algotech comes in.

Algotech's platform's advanced algorithm identifies over 1000 unique data points to identify the next breakout opportunity. Its algorithms also ensure traders make split-second entry decisions for high-accuracy trading.

However, what sets Algotech apart from other trading platforms is the risk prevention measures in place. Algotech reduces risk for traders by monitoring market fund levels, availability, liquidity and spreads. AI-based trailing stops ensure that traders can better manage their risk and protect their trading capital.

Algotech uses AI to enable traders to identify arbitrage opportunities in various asset pairs and take automated entries. In addition to this, Algoectth offers users access to a number of trading tools including trading strategies, community resources and trading education.

Why is Algotech attracting investors?

Algotech's presale is now in its third phase, with 2.5% of the tokens allocated for this phase already sold. A total of 89,483,947 ALGT tokens were sold, amounting to $3,579,357.880.

The impressive numbers recorded by Algotech can be compared to the strong potential of the project. The group stated that there will be a total supply of 350 million ALGT tokens. 10% of tokens are allocated to fund R&D and testing, robustness and performance of existing and new algorithms.

10% of the total token supply is allocated to promote and reward partners. The founders hold only 7% of the total supply and the group gets a 3% allocation. Finally, 70% of the token supply will be available for public sale (including trading).

ALGT is an ERC-20 token designed to provide holders with a reward system that encourages long-term investment and participation. Token holders will also have management rights within the Algotech ecosystem.

Should you buy ALGT tokens now?

Algotech's third presale round has started, which means the token is now going for $0.08. So far, the project has raised over $3.5 million in less than a month.

Historically, the presale is the best time to invest in a project as it gives investors access to the tokens at a discounted price. With the right level of adoption, ALGT can be a great token in the medium to long term.

The Algotech platform offers a number of arbitrage strategies that allow traders to profit from price differences across multiple exchanges.

As a token holder, you will be entitled to a certain percentage of platform transaction fees. Token holders participate in governance votes, community proposals and are eligible for future airdrops.

Read more about Algotech's presale here.