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February 06, 2024

THORChain (RUNE) and ORDI on a Steady Market Rise as Algotech (ALGT) Continues To Grow Its Investors Count

In Brief

THORChain (RUNE) and ORDI see steady market growth, while Algotech (ALGT) attracts investors with its innovative trading platform. Find out why!

THORChain (RUNE) and ORDI have been experiencing a steady price increase in recent weeks due to growing adoption and exchange listings. Meanwhile, Algotech (ALGT) has been effectively attracting more investors with its potential for remarkable gains and innovative features.

Let’s explore why these top altcoins are essential additions to your portfolio.

TLDR

  • THORChain’s (RUNE) price will hit $34.37 in 2024.
  • ORDI’s price will surge to $181.62 in 2024.
  • Algotech (ALGT) shows incredible growth during its ongoing presale.

THORChain’s (RUNE) Q4 Success Signals Massive Adoption and Growth

On January 23, 2024, THORChain (RUNE) released its Q4 ’23 ecosystem report, unveiling an impressive achievement of processing $12.62 billion in swap volume during the year’s final three months. 

This news was met with enthusiasm, resulting in a 6% increase in the value of THORChain (RUNE). From January 23 to 26, the price of THORChain (RUNE) rose from $4.07 to $4.39.

The positive momentum continued in the following days as THORChain (RUNE) experienced a sustained uptrend. The price of THORChain (RUNE) climbed by 6%, reaching a monthly peak of $4.93 before retracing back to $4.65.

Nevertheless, the growing adoption and usage of THORChain (RUNE) have sparked optimistic forecasts for its long-term prospects. Experts predict the price of THORChain (RUNE) could surge to $34.37 in 2024, making it one of the best coins to invest in the market.

ORDI Gains Momentum With Kraken Pro’s Listing 

On January 24, 2023, Kraken Pro, a prominent cryptocurrency exchange, announced listing perpetual futures contracts for ORDI on the X platform.

As expected, the value of ORDI witnessed a notable 6% increase. Within 24 hours, the price of ORDI escalated from $55 to $56.11.

The upward trend of ORDI continued in the subsequent days. The ORDI price experienced a surge of 5%, reaching a monthly high of $64.40, before slightly retracting to $59.81 on February 1.

With the listing of ORDI on Kraken Pro likely to attract more investors, crypto experts anticipate a further rise in the value of ORDI. Their predictions indicate the altcoin price could soar as high as $181.62 in 2024.

Rising Investor Count Fuels Algotech (ALGT) Growth

Algotech (ALGT) has been steadily growing its investor count as it continues to make waves in the financial trading sector. The platform’s innovative approach to trading, which leverages advanced algorithms and data analysis, has captured the attention of traders seeking to optimize their strategies and maximize profitability.

With manual trading often prone to errors in market data analysis and risk management, Algotech (ALGT) provides a much-needed solution. By analyzing vast amounts of market data and identifying patterns, Algotech’s (ALGT) algorithms offer traders objective and evidence-based insights, further solidifying its position as one of the best DeFi projects. 

Investors are drawn to Algotech’s (ALGT) potential for significant returns and its real-life utility. The platform presents an attractive opportunity for early investors to acquire ALGT tokens at a favorable price of $0.04 during Stage 1. With an ambitious target of ALGT reaching $0.15, investors stand to gain substantial returns of 275%.

Moreover, Algotech (ALGT) goes beyond financial rewards by offering additional incentives. Investors have a chance to win Apple devices to enhance their trading experience and the opportunity to secure two VIP tickets to the Blockchain Life 2024 event in Dubai, where they can expand their knowledge and network within the crypto industry.

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Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

More articles
Gregory Pudovsky
Gregory Pudovsky

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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