The bullish crypto market has attracted many investors back after it overcame a depressing downturn that had chased them away. Litecoin (LTC) and Algotech (ALGT) are some of the top altcoins enjoying the change, with buyers stockpiling them.
Explore LTC and ALGT’s ongoing ICO.
Litecoin (LTC) Records Significant Whale Interest. How Will This Impact Its Price?
As market sentiment began to change to bullish in May, Litecoin (LTC) was among the top crypto coins that successfully attracted their buyers back. This became visible as its price surged from $80.91 to $88.99, accompanied by a significant rise in trade volumes between April and May.
Moreover, on May 20, 2024, on-chain data analysis platform IntoTheBlock reported that Litecoin (LTC) whales had accumulated over 2.7 million Litecoin (LTC) tokens worth over $230 million in thirty days. The report indicated that on May 10, the most buying activity was seen as investors acquired tokens worth $74 million.
Litecoin (LTC) holders remain excited about its prospects and imitate the whales in an accumulation spree, expecting a price surge. However, market experts suggest it will take a bit longer for Litecoin (LTC) to break out of its current consolidation phase.
While market sentiment remains bullish, technical analysis indicates low volatility, with RSI hovering just above neutral. However, long-term price predictions forecast Litecoin (LTC) to reach $120 by year-end.
Algotech (ALGT) Pulls Whales To Its Ongoing Public Presale
Algotech (ALGT), leading the presale coins list, continues to attract whales to its ongoing public presale. Its value stems from the decentralized crypto trading platform it brings to the market, which aims to disrupt the entire industry. A first look into Algotech (ALGT) reveals a powerful application with a contemporary interface that enables speedy navigation.
Under the hood, Algotech (ALGT) embodies the latest in machine learning, blockchain technology, and financial engineering. As a result, it delivers a trading platform with excellent security and transparency, access to profitable crypto pairs, and automated trading and risk management techniques.
Algotech (ALGT) is in a wildly successful public presale that has seen it raise nearly $5 million in weeks. Algotech’s (ALGT) public presale benefits, such as high ROI, future dividends, and a giveaway offering the latest iPads, iPhones, and tickets to a Blockchain Gala in Dubai, keep pulling whales and small investors alike to acquire Algotech (ALGT) tokens.
So far, Algotech’s (ALGT) public presale has advanced to Stage 3 and delivered a 100% price increase for early investors as token valuation jumped from $0.04 to $0.08. This price increase has made Algotech (ALGT) the best coin to invest in 2024, attracting even more investors. With Algotech’s presale ending in Stage 4, ALGT will join exchanges when its price reaches $0.15; investors looking to cash in on the 87.5% profit opportunity keep buying into Algotech (ALGT) before the public presale ends.
 still trading sideways after a $230 million whale acquisition in a month as Algotech (ALGT) attracts more buyers to its public presale.){kind=link}