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The post Bybit Believes Bitcoin Will Be Twice As Rare As Gold After Halving; Algotech ($ALGT) Presale Fueling Up For Big Surge At Token Launch appeared first on Coinpedia Fintech News
The cryptocurrency world is about to change with the upcoming Bitcoin (BTC) halving event about to reduce the supply of the foremost cryptocurrency. On the other hand, Algotech (ALGT) token presale overcomes market challenges as it aims for a 30x gain at listing.
Explore Bitcoin’s (BTC) prospective future and Algotech’s (ALGT) profit potential.
TLDR
- Bitcoin (BTC) may become rarer than gold after the halving event
- Algotech (ALGT) presale to deliver 87.5% current investors
Market Readies For A Huge Bitcoin (BTC) Supply Cut Soon
On April 15, 2024, Bybit, a crypto market analysis firm, released a report showing that Bitcoin (BTC) could become scarcer than gold after the impending April 20, 2024, halving event, elevating Bitcoin’s dominance in the market.
Bitcoin’s (BTC) halving event happens every four years, and it reduces Bitcoin (BTC) mining reward for every block produced. This year, the halving event will cut the reward from 12.5 BTC to 6.25 BTC per block of Bitcoin (BTC) produced. As a result, crypto enthusiasts expect fewer new Bitcoin (BTC) tokens in the market after the event.
Despite the anticipation of the halving event, the crypto market has experienced a price downturn fuelled by Bitcoin dominance. After an impressive surge in Q1, Bitcoin’s (BTC) price fell and pushed the market down. Between April 15 and April 17, Bitcoin’s (BTC) price fell 7% from $65,739 to $61,276.
With the prevailing market weakness, experts suggest a bearish sentiment for Bitcoin (BTC). Despite the price drop, market analysts suggest Bitcoin’s dominance in the crypto market will rise after the halving, and BTC price may reach $100,000 by June, making it the best cryptocurrency to invest in.
Algotech (ALGT) Public Presale On The Verge Of Massive Surge As It Nears Listing
Algotech (ALGT) ICO has experienced massive uptake due to its 30x ROI promise amidst a market downturn. As an algorithmic trading platform, Algotech (ALGT) stands out for its integration of blockchain and artificial intelligence technology to revolutionize trading.
Algotech (ALGT) offers users a unique experience with multiple crypto pairs to buy and sell, massive liquidity and leverage, and transaction immutability. Moreover, Algotech (ALGT) machine learning protocols enable a speedy market analysis, multiple trade execution, automated trading strategies, and superior risk mitigation.
While its features are unique and attractive, its profit potential captivates crypto investors looking for profitable tokens in a weak market. Algotech (ALGT) promises presale investors a 275% return when it lists on crypto exchanges.
The ongoing Algotech (ALGT) public presale is already in Stage 3. Early investors who acquired tokens at $0.04 have made a 100% profit after its proce hit $0.08. The incredible profits have seen new investors rush to buy Algotech (ALGT) before the presale ends.
With the presale ending in Stage 4, now is the best time to buy Algotech (ALGT) tokens as price predictions indicate it may rise 87.5% to reach its projected listing price of $0.15.
Besides the profits, lucky Algotech (ALGT) investors may win the latest iPhones in its giveaway promotion.
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