Polygon (MATIC) is one of the prominent blockchains in crypto. Currently priced at $0.90 with a market cap of $8.73B. The all-time high for Polygon was two years ago, in 2021. The highest price was $2.92. Since then, It has not observed an all-time high in 2 years.
Investors have been observing Polygon’s charts, and very slow growth is being observed. Even though, since Q4 of 2023, the crypto market has shown episodic bull markets, Polygon has not been able to outshine with a great performance. This is why many investors are shifting from Polygon to other promising projects.
Since 2024 started, the crypto market observed a great bull run with Bitcoin (BTC) crossing the $40K milestone, and today, Bitcoin is at $52K, which is another great milestone. This movement by $BTC triggered the bull run in the market, especially among the altcoins. Many altcoins showed an amazing upward trajectory.
On the other hand, some altcoins did not show a huge pump, and among them is Polygon as well. It showed only a 7% increase in the price in the last seven days and 2% in the last 24 hours. Polygon failed to cross the $1 mark. The inability of Polygon (MATIC) to break out of its current range has exerted a negative impact on investors’ confidence.
So, investors have been eyeing some new launches, and the one that has caught the most attention is Algotech (ALGT). Analysts believe that this project has the potential to outperform Polygon (MATIC), and everyone should buy it since it is the best crypto to buy in the crypto market at the moment.
Now, Let’s look at Algotech (ALGT) and why it’s the best crypto to invest in.
Algotech will reach $1 before Polygon (MATIC)
Finally, the crypto market is turning green; investors are eyeing new projects like Algotech, which has great potential and can outperform major altcoins. Algotech (ALGT) is a cutting-edge DeFi project with amazing features, and investors are super bullish on this project since its amazing performance at its pre-sale.
Algotech (ALGT) is a decentralized algorithmic crypto trading platform made for the future of trading. The platform stands out because of its advanced algorithms that are backed by machine learning. Users can use key features like hedging, momentum trading, mean reversion, trading bots, social trading features, and algorithmic consolidation. Leading market analysts are claiming that Algotech will cross $1 before Polygon, as it already surpassed the target of $1.1 million within two days of its private seed round.
Community members are excited about Algotech’s value proposition because of features like governance rights, ownership stakes, and other additional benefits. Currently, the token is priced at $0.04, but a great pump is expected in stage 4 of the public presale.
You can find more details about this project:
