SEI and BONK stood out in the last crypto rally. Algotech (ALGT) is a new coin that could potentially join this illustrious group.
Can SEI and BONK replicate their success in 2024? And can Algotech (ALGT) join them? Let’s see what the experts say.
SEI Repositions for Top Performance In 2024
SEI is one of the top-performing cryptocurrencies in recent times. This coin has gained over 7,600% in the past year, with most of the surge coming recently during the run-up to the spot Bitcoin ETF approval.
According to analysts, a major reason for SEI’s performance is the popularity of its meme coin SEIYAN. The meme coin attracted loads of attention from the crypto community, leading to a massive surge that affected its parent cryptocurrency, SEI.
With this happening, speculation became rife as investors rushed to get in while the pump was on, further driving SEI’s price upward.
SEI is already working to maintain this momentum. The team recently announced Sei V2, an upgrade that will integrate EVM into the network. This will allow Ethereum smart contracts to run on the SEI blockchain.
Analysts predict that SEI can reach $0.877 in 2024 if this upgrade attracts more users to the blockchain. This is 41% above its current price of $0.62. Therefore, SEI might be a good crypto to buy in 2024.
Analysts Predict a BONK Surge In 2024
BONK is one of the few coins that outperformed SEI. The meme coin surged in popularity, capturing crypto investors’ hearts, minds, and money.
BONK’s 9,400% surge was fuelled by social hype, as with most meme coins. However, recognition from exchange giants like Binance and Coinbase further fuelled the sudden price increase.
The meme coin also snagged numerous integrations with various Web3 projects and platforms, further boosting BONK’s credibility. FOMO also played its part, as investors rushed to get a piece of the action before the magnificent run died out. Interestingly, BONK’s rise also boosted Solana, the blockchain it is built on.
BONK is currently trading at $0.0000104, and analysts predict it could reach $0.0000212 during the 2024 bull run. Analysts say more community engagement could help the meme coin reach this price. This makes BONK one of the altcoins to watch this year.
Algotech (ALGT) Offers Certain Profits
While BONK’s and SEI’s rise is not 100% sure, Algotech (ALGT) guarantees gains for investors during its presale. Investors who participate in Algotech’s (ALGT) presale at this first stage will earn a 275% profit when the price becomes $0.15 at launch.
The wonderful thing about Algotech (ALGT) is that the profits from holding the token are just the beginning. Algotech (ALGT) is a decentralized algorithmic crypto trading platform that will revolutionize trading and investment with innovative technologies and automation.
The platform utilizes AI and machine learning to analyze historical and real-time data, identify patterns, trends, and opportunities, and proffer strategies tailored to dynamic market conditions.
Algotech’s (ALGT) decentralization ensures that transactions are transparent. It also safeguards users from potential adverse market conditions.
Furthermore, traders can rely on Algotech’s (ALGT) risk management capabilities. The platform’s algorithms analyze market conditions in real-time and identify and respond to potential risks to safeguard investments and optimize trading outcomes.
These features helped Algotech (ALGT) raise $1.1 million in two days of seed sale. To enjoy Algotech’s offerings, purchase ALGT on the website during the ongoing presale. The token currently costs $0.04.
Early investors get governance rights, part ownership of the Algotech software, and a share of the performance fee charged on the platform.
All these make Algotech (ALGT) the best new crypto to invest in.