Crypto Investment Update: Algotech Platform Announces $1.2M Investment in H100 Computing, Attracts BNB & ATOM Investors

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The recent announcement of a $1.2 million investment by Algotech into H100 computing marks a significant point in ALGT’s development stage. This highlights Algotech’s commitment to building a state-of-the-art crypto algorithmic trading platform. BNB and ATOM holders seem to have caught wind of Algotech’s progress and have decided to join the project in its early phase. What could be the possible implication of such an investment for Algotech? Let’s find out. 

The current market landscape with BNB and ATOM

A comprehensive look into the price trends for BNB and ATOM reveal a downward trend. The market rests in a position of uncertainty as most coins are losing their recently gained value. ATOM dropped 22.4% in the last month to $8.68. Its gain in the last two weeks have been subpar, creating further tension for investors holding the coin. 

BNB is not exempt. Although its trend has been facing a steady increase, the progress is much slower compared to earlier this year. BNB has only seen a 0.3% increase in the last month, with its current price trading at $567.47 as of the time of writing.  

Due to a number of factors, the cryptocurrency market has been facing a lot of uncertainty and prices overall have been shaky, despite the bitcoin halving being less than a month ago. However, investors still have their hopes high and are looking towards emerging projects with high ROI potential. 

Algotech (ALGT): AI crypto’s market potential 

Algotech (ALGT) is an AI-algorithmic trading tool created to meet the needs of the evolving crypto market. It takes into account the traditional challenges of trading and introduces a modern solution by leveraging technologies such as machine learning, blockchain technology and artificial intelligence. 

As a tool that makes use of modern technology, Algotech understands the need for fluidity and evolving with the ever changing times. This is why they have invested millions of dollars into H1 computing technology created by the technology giant, NVIDIA. NVIDIA’s H1Tensor Core GPU combines technology innovations to speed up large language models (LLMs) by an incredible 30X over the previous generation to deliver industry-leading conversational AI.

Algotech, dedicated to their growth, shows that it would continue to take conscious decisions to improve its technology and create a scalable platform that creates a better trading experience for investors and traders. 

Key takeaways

While BNB and ATOM face uncertainty in the market, Algotech has shown significant growth in its presale funding by raising over $4 million. Algotech is dedicated to providing the best quality experience for its readers and investors, so investors can feel rest assured when placing their best bets with Algotech. 

To learn more about Algotech, visit the Algotech presale website or join the Algotech community. 

 

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