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The crypto market is witnessing a significant improvement. The article will focus on Filecoin (FIL), SUI (SUI), and Algotech (ALGT).
This year, Algotech (ALGT) has emerged as an outstanding cryptocurrency due to its business roadmap, and market variability. Therefore, its ongoing presale is selling out fast. Notably, the project has already sold over 56 million presale ALGT tokens. Besides, it has bagged investments worth more than $2.2 million within days of its launch.
Filecoin Expands FIL Ecosystem
2024 is a busy year for the Filecoin network because several developments are taking place in the FIL ecosystem. In the latest event, the leading decentralized exchange, Uniswap, deployed the protocol on Filecoin (FIL) network. Prior to that, Filecoin (FIL) collaborated with the Solana network to offer decentralized solutions to the latter.
Besides, earlier in November, Filecoin (FIL) had joined hands with SushiSwap too. All these collaborations have helped Filecoin (FIL) move upward on the price chart. In the past month, the market value of Filecoin (FIL) has risen by 95%. Hence, at press time, Filecoin (FIL) is changing hands at $10.70.
SUI (SUI) Unveils Suilend
Contrary to the broader market trend, SUI (SUI) seems to be losing its growth movement. On the monthly chart, the price of SUI (SUI) has fallen by more than 8%. Consequently, the current trading price of SUI (SUI) stands at $1.63. SUI (SUI) has suffered this price fall despite experiencing an expansion of its ecosystem.
Recently, SUI (SUI) unveiled a new DeFi lending and borrowing market, Suilend. Meanwhile, the total value locked (TVL) of the SUI (SUI) network has surpassed the $500 milestone. However, experts believe that the increasing adoption of the SUI network will boost the price of SUI tokens in the coming months.
Algotech (ALGT) Investors Prepare For 275% Presale Gains
“Algo trading” has become a common term among traders. This advanced technology he
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Author: Crypto Daily