Stories and Reviews
April 11, 2024

Uniswap Who? ALGO’s Entry Signals a New Era of DeFi Dominance!

In Brief

Uniswap (UNI) faces a new threat of dethroning by Algotech (ALGT), a new market entrant, despite its new record in transaction volumes

The recent market movements in the cryptocurrency market indicate that Algotech (ALGT), a presale token, is rising to secure a place in the DeFi crypto list and may surpass Uniswap (UNI) to become the best DeFi crypto.

Discover how Algotech (ALGT) may outdo Uniswap (UNI).

Uniswap (UNI) Sets New Trading Volume Record To Maintain Its Top DeFi Coin Position

Uniswap (UNI) continues to impress crypto investors with its  $2 trillion total cumulative trading volume record reached in early April, to become the most popular DEX in the crypto market.

Despite the impressive milestone, Uniswap price fell 21% from $13.30 to $10.47 as Q2 started. The price drop was attributable to the ongoing market correction resulting in Uniswap (UNI) investors pulling back from the market, as seen from its falling trading volumes in early Q2. 

Despite the price reversal, Uniswap (UNI) maintains its hold on the top spot among DeFi companies. 

Uniswap (UNI) investors remain optimistic it will recover from its current price lull with upcoming ecosystem upgrades. Uniswap (UNI) announced it will launch Uniswap V4 to increase efficiency and reduce costs. In March, the proposal garnered support from the Uniswap (UNI) community, leading to increased adoption.

Consequently, Uniswap (UNI) investors expect new features to attract more users and higher Uniswap price values. 

Meanwhile, technical analysis of Uniswap (UNI) shows a bearish market sentiment. Its falling prices, low trading volumes, and demand in the derivatives market confirm bearishness. With its RSI southbound, market experts expect Uniswap (UNI) to continue downward in the short term. 

Expert Uniswap price values predict Uniswap (UNI) may fall to $10 by June. 

Algotech (ALGT) Attracts Inflows With 275% ROI Promises 

Crypto enthusiasts have identified a new market entrant as the ideal investment token for massive gains. Algotech (ALGT) is a decentralized crypto trading platform with a difference. It integrates artificial intelligence, enabling its users to enhance their skills and profitability.

Artificial intelligence enables the platform to learn the traders’ techniques and recommends improvements and strategies to help them make a higher profit while growing their capital. Moreover, Algotech (ALGT) automates trading tactics to eliminate a learning curve with its recommendations. Furthermore, as a crypto-based platform, Algotech (ALGT) ensures its users enjoy high security, transparency, and trust

Algotech (ALGT) is poised to surpass top altcoins such as Uniswap (UNI) if its performance in the ongoing presale is anything to go by. Algotech (ALGT) is in Stage 3 of its multilevel public presale, attracting investors looking to make a 275% return as it promised. 

Investors who purchased Algotech (ALGT) in Stage 1 of the presale at $0.04 have earned a 100% return and look forward to more as the presale continues. Moreover, Algotech (ALGT) promises new investors an 87.5% ROI from its current value of $0.08 when it reaches its projected listing price of $0.15

These projections, performance, and an exciting giveaway program entice experienced and beginner cryptocurrency investors to Algotech (ALGT).

Visit Algotech Presale

Join The Algotech Community

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.

Hot Stories
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Join Our Innovative Tech Community
Read More
Read more
Match Chain Strengthens Leadership Team with Blockchain Veteran Tomasz Wojewoda as Chief Strategy Officer
Stories and Reviews
Match Chain Strengthens Leadership Team with Blockchain Veteran Tomasz Wojewoda as Chief Strategy Officer
May 18, 2024
Retik Finance (RETIK) Will Become a Top 100 Crypto by the End of 2024, Listings on May 21
Stories and Reviews
Retik Finance (RETIK) Will Become a Top 100 Crypto by the End of 2024, Listings on May 21
May 18, 2024
Aleph Zero Launches Alephoria: Exciting Airdrops, Tournaments, and Rewards Await Users
Sponsored Stories and Reviews
Aleph Zero Launches Alephoria: Exciting Airdrops, Tournaments, and Rewards Await Users
May 17, 2024
Crypto’s State in 2024, Ape Terminal Founder Hatu Sheikh Sees Exciting Things Ahead
Stories and Reviews
Crypto’s State in 2024, Ape Terminal Founder Hatu Sheikh Sees Exciting Things Ahead
May 17, 2024