Polygon (MATIC) displayed a stellar performance in 2021’s market rally, rising from the ashes to the most-demanded cryptocurrencies. MATIC Secured gains of 7300% in one year with a price rally to $2.2 from a low price point of $0.03, yielding sky-high gains for early stakeholders in the bull market.
With the predictions of a bull run by the end of July, three prominent cryptocurrencies signal a notable bullish trend similar to MATIC in 2021. Top of the table are Litecoin (LTC), Polkadot (DOT), and Algotech (ALGT).
Let’s explore what market and technical analysis show us about the potential of these deFi giants in the upcoming months.
With major events coming up, Litecoin (LTC) is ready to display a strength showdown with bullish predictions. Recently, the peer-to-peer blockchain of Litecoin (LTC) made a record by processing over 12 million transactions, indicating surging demand for the project in the deFi sector.
Moreover, the upcoming two-day summit of Litecoin (LTC) and the incorporation of Partially Signed Bitcoin Transactions (PSBT) can play a pivotal role in skyrocketing the price of Litecoin (LTC). According to the recent 8-year cycle report, the projections suggest a next peak might range from $65k to $100k for Litecoin (LTC) by the next year.
Polkadot (DOT) has a history of exceptional performances in the bullish market phases. Amid growing optimism in the broader altcoin sector, Polkadot (DOT) is attracting significant attention due to its ETF hype, ready to get filed by the international exchange – Coinbase. The DOT token is up 4.4% on the intraday chart with bullish signals for the upcoming weeks.
Technical analysis suggests a massive price rally for Polkadot (DOT) amid growing blockchain activity and key developments. The token is anticipated to break out of the falling wedge pattern, and the price can find the next support level at $7.5. If successfully sustained above the upper support level, Polkadot (DOT) price can turn bullish toward 2021’s support levels above $25.
Algotech (ALGT) makes waves in a large algo industry with its robust and scalable decentralized trading platform. With a user-friendly interface and fast execution through blockchain technology, the project is becoming a formidable force in the crypto sector. Leveraging AI and machine learning, the platform offers advanced and powerful trading tools for maximum profitability.
The project is currently in presale but has onboarded deFi giants like Ethereum, Metamask, Trust Wallet, and Uniswap. With over 92% of tokens sold in the bonus round, Algotech has raised a mind-blowing $9.5 million and is continuing the momentum with surging demand for its cutting-edge features including breakout detection, high-volume arbitrage, and mean reversion.
The platform boasts many advanced algorithmic strategies and risk management tools for a seamless trading experience and making traders navigate through volatile markets with real-time analytics and reports. Eliminating human biases, and blending with AI expertise can help traders utilize the Algotech tradFi platform for sky-high gains.
With high utility and global scope, a prominent crypto exchange Bitmart has announced the listing of ALGT tokens soon. Currently priced at $0.08, it will jump to $0.15 in the next round of presale. The catch is its 100x potential to surge past $2 due to global demand once it hits the mainnet.
Algotech emerges as an enticing opportunity for early stakeholders, seeking massive gains. While Polkadot (DOT) and Litecoin (LTC) promise sky-high gains, Algotech’s bullish potential can outperform legacy cryptos in upcoming months, offering a chance for early investors to go all in.
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Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.
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