Ethereum-Based MANTA Hit with DDOS Attack After Launch, Investors Look Towards Algotech (ALGT) Launc

Manta Network (MANTA) fell prey to a DDOS attack after the token went live on January 18. While analysts evaluate MANTA as a risky investment for the upcoming term, Algotech (ALGT) has sparked the interest of numerous crypto investors with its groundbreaking features and excellent rewards. 

So, let’s analyze the details and try to identify the best crypto investment in today’s market.

TLDR

• Manta Network (MANTA) could increase to over $3.30 by February 15.
• Algotech (ALGT) brings 275% gains even before ALGT hits exchanges.

Will Manta Network (MANTA) Continue its Bullish Trend? 

The Ethereum-based Manta Network suffered a Distributed Denial-of-Service (DDoS) attack soon after the launch of its MANTA token on January 18. The attack resulted in a temporary increase in gas fees and longer withdrawal times on the network.

Meanwhile, the price of Manta Network (MANTA) has increased by a remarkable 35.63% within eight days, from $2.15 on January 18 to $2.92 on January 26. Manta Network bulls believe that MANTA is poised to continue its positive trend and reach over $3.30 by the middle of February.

This positive Manta Network (MANTA) prediction is based on multiple factors, such as MANTA’s swift and affordable transactions and its growing popularity among dApp developers. Hence, several crypto enthusiasts have recently suggested Manta Network (MANTA) as a good crypto to buy in 2024.

In other Manta Network news, the token went live on StellaSwap on January 25. 

🎉 $MANTA is now live & BOOSTED on StellaSwap! 🔥

With $MANTA performing exceptionally well, the @MantaNetwork team has decided to further spearhead liquidity growth on @Polkadot 🚀

Trade: https://t.co/u7rn2K3J33
Stake: https://t.co/B8jcYbrbJX

Guide on bridging $MANTA 👇🧵 pic.twitter.com/iTMGAtsFmO

— StellaSwap ☄️- Top DEX on Polkadot (@StellaSwap) January 25, 2024

Furthermore, Onramp Money announced via an X post published on the same date that the platform had enabled trading in Manta Network for users in over thirty countries.

📢 Exciting News!$MANTA token is now available on Onramp Money for users in 30+ countries! Trade $MANTA instantly with 14+ local currencies and join the web3 revolution today! 🌍💫

Buy $MANTA here: https://t.co/s0dccQhSZa pic.twitter.com/ajcCQaNpO0

— Onramp.money✈️✈️Token2049🇦🇪🇦🇪 (@onrampmoney) January 25, 2024

Despite Manta Network’s growing market reach, MANTA bears believe that the network’s vulnerability to cyberattacks could soon propel holders to explore more reliable platforms. According to a recent negative prediction, Manta Network could drop toward $2.20 over the next two weeks.

Algotech (ALGT) Builds Excellent Momentum as the Top Crypto to Buy in 2024

Algotech (ALGT) is a decentralized algorithmic trading platform that utilizes the latest technological advancements to provide maximum security while minimizing the risks. In addition, Algotech’s (ALGT) impressive machine-learning capabilities allow ALGT users to explore multiple market sectors and obtain optimal rewards from their wise investments.

On top of that, crypto experts believe that Algotech (ALGT) is set to leave a lasting mark on the industry through its focus on futuristic investment strategies such as hedging, trend following, mean reversion, and arbitrage strategies. Furthermore, adopters of the amazing ALGT ERC-20 standard token obtain ownership rights for the game-changing Algotech software.

On the other hand, ALGT holders also receive governance rights which empower them to have an active say in the platform’s practical matters. Additionally, Algotech (ALGT) boasts an amazing dividend scheme that enables ALGT users to earn a fixed passive income.

ALGT raised over $1.1 million in two days during the private seed sale and is currently at Stage 1 of the presale. Therefore, Algotech investors are looking at 50% gains as early as the next presale stage, when the price of ALGT is set to increase to $0.06 from the current $0.04.

However, ALGT holders can expect an outstanding 275% ROI when Algotech rises to the projected $0.15 presale target. Based on Algotech’s extensive real-world utility, market analysts are convinced that ALGT is poised to outperform competitors like Manta Network (MANTA) and reach the very top of the industry.

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