Algotech (ALGT) raises over $500k in a single day during ongoing presale
San
Fransico,
California,
April
9th,
2024,
Chainwire
Algotech
(ALGT)
has
emerged
in
the
limelight
again
with
the
milestone
of
raising
$500,000
in
a
single
day
during
its
ongoing
presale.
In
less
than
four
weeks
of
the
current
presale,
Algotech
has
raised
over
$3.5
million.
Algotech’s
Journey
Algotech
was
launched
as
an
initiative
by
successful
traders
and
technology
experts
who
wanted
to
democratize
access
to
advanced
trading
tools
for
layman
users.
The
team
wanted
to
provide
beginning
traders
with
the
same
high-tech
tools
that
are
used
by
hedge
funds
and
large-scale
investment
firms.
Combining
this
with
the
effectiveness
of
blockchain
technology,
Algotech
has
set
its
sights
on
becoming
the
leading
platform
by
bridging
together
AI
and
blockchain
technology
in
the
trading
segment.
Bringing
Together
AI
and
Finance
Millions
of
new
users
are
embracing
blockchain
technology
for
its
groundbreaking
potential.
However
they
still
have
to
rely
on
traditional
exchanges
that
design
the
ecosystem
to
favor
institutional
investors.
Algotech
is
rectifying
this
challenge
by
introducing
the
first
artificial
intelligence
(AI)
based
exchange
that
will
allow
users
to
have
advantages
in
trading.
The
platform
makes
it
simple
for
users
to
invest
in
cryptocurrencies
and
receive
automated
investment
guidance.
Algotech’s
Key
Features
What
makes
Algotech
a
standout
leader
in
the
segment
is
the
core
features
that
have
been
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
tools
conventionally
have
massive
fees
and
are
only
available
to
a
limited
number
of
institutes.
This
is
precisely
the
challenge
that
Algotech
is
working
on
addressing.
Here
are
the
core
features
that
are
making
Algotech
is
working
on:
Breakout
Detection
The
breakout
detection
feature
relies
on
advanced
algorithms
that
factor
in
over
1000
unique
data
points
to
identify
breakout
opportunities.
These
algorithms
have
been
trained
on
H100
GPUs
to
ensure
that
traders
can
get
accurate
investment
calls
for
high-precision
calls.
Hedging
Algotech
allows
traders
to
minimize
investment
risk
by
monitoring
funding
levels,
liquidity,
and
spread.
These
factors
generate
warnings
and
allow
users
to
implement
advanced
risk
management
including
automated
stop-losses.
High-Volume
Arbitrage
This
feature
allows
users
to
take
advantage
of
the
difference
in
pricing
between
different
platforms
using
Algotech’s
technical
APIs.
With
high
positioning
sizing,
users
can
handle
trades
with
ease.
The
Growing
AI
Blockchain
Segment
The
growth
of
the
AI
sector
has
been
exceptional.
In
the
past
few
years,
the
sector
has
grown
multifold,
and
today,
it
has
a
market
cap
of
over
$25
billion,
according
to
CoinGecko.
In
the
coming
few
years,
this
number
is
expected
to
explode
further
as
millions
of
new
users
are
now
looking
for
AI-based
features
in
their
day-to-day
applications.
One
of
the
biggest
sectors
under
the
spotlight
is
the
trading
sector.
The
global
cryptocurrency
exchange
segment
is
currently
valued
at
over
$45
Billion
and
is
expected
to
reach
$110
Billion
in
2028.
Additionally,
beyond
just
cryptos
alone,
AI
blockchain
technology
is
also
expected
to
serve
as
the
backbone
of
the
global
trading
ecosystem.
This
is
where
Algotech
expects
to
bridge
the
gap
by
introducing
AI-based
trading
features.
These
features
will
allow
beginner
traders
to
have
an
even
playing
ground
against
leading
institutional
investors
and
seamlessly
invest
using
AI
as
their
guide.
About
Algotech
As
Algotech
continues
its
journey
to
transform
Decentralized
Finance
(DeFi)
with
its
innovative
products,
it
is
exciting
to
see
the
community
support
for
this
mission.
The
platform
is
democratizing
access
to
trading
tools
for
individuals
across
the
world
by
providing
AI
features.
Additionally,
Algotech
is
making
investing
inclusive
for
the
broader
community
by
making
it
simple
for
users
to
become
an
early
part
of
the
community
by
providing
governance
rights
and
profit
shares.
As
the
project
moves
through
its
phases,
we
can
only
look
toward
the
achievements
that
are
on
the
horizon
for
Algotech,
a
true
AI-blockchain
project.
Visit
the
links
below
for
more
information
about
Algotech
(ALGT):
Website:
https://algotechtrade.com/https://algotechtrade.com/”>
https://algotechtrade.com/
Linktree:
https://linktr.ee/algotech.tradehttps://linktr.ee/algotech.trade”>
https://linktr.ee/algotech.trade
Algotech
is
the
source
of
this
content.
This
Press
Release
is
for
informational
purposes
only.
The
information
does
not
constitute
investment
advice
or
an
offer
to
invest.
Investing
in
cryptocurrencies
is
volatile
and
risky.
Contact
Algotech
Algotech
Solutions
[email protected]
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