Solana’s Outage and Chainlink’s Bearish Trend even in the midst Transaction Surge
Solana, known for its fast blockchain and surging activity, faced a significant challenge, with an outage lasting approximately five hours earlier in February. During this period, Solana’s SOL token experienced a decline in value, dropping from around $96 before the issue arose to below $94. And this is the 11th outage in just two years. With so many occurrences of outages, more are to be expected, and the more outages, the more money would be lost for investors. Gradually, investors are looking for a platform where outages won’t be as frequent and they won’t lose as much.
Chainlink (LINK) has surged 150% in the past year, with big transactions soaring by 175%, totaling $338.96 million. Recent data shows a jump from 6.17 to 17.65 million LINK between February 19 and 20, hinting at institutional investor interest. Whale Alert reported major moves, including one undisclosed wallet transferring $79 million worth of LINK and BlockFi moving $46 million worth. Unfortunately, Chainlink’s price dropped by 7.5%, likely due to increased correction and market volatility. Experts attribute Chainlink’s (LINK) price movement to these factors. Moving forward, further disruptions like this will continue to occur, and the more they occur, the more money investors will lose.
Algotech: The Future of Crypto Investment
Before the presale began, Algotech (ALGT) raised $1.1 million in a private sale within just two days. Investors eager for a share of this groundbreaking software and future profits can join the ongoing public presale. Algotech (ALGT) is currently in Stage 1 of its public presale, already selling over 7 million tokens out of 40 million available.
With tokens priced at just $0.04, investors are eyeing a potential 275% profit when ALGT reaches its projected launch price of $0.15 in Stage 4. Additionally, presale participants can win prizes like iPhones, Apple Watches, and tickets to a Blockchain event in Dubai.
For context, Algotech (ALGT) is a premier decentralized trading platform designed for savvy traders. Its standout feature lies in its intuitive programming, simplifying trading processes, and its incorporation of artificial intelligence for informed decision-making. Algotech (ALGT) is committed to delivering unparalleled market insights, empowering traders to capitalize on trends effectively for optimal profitability.
Moreover, it offers traders robust tools to safeguard and expand their capital effortlessly, providing cutting-edge trading functionalities at their fingertips.
It is best not to miss this robust opportunity because they rarely come like this. Algotech is about to take the crypto world by storm and being part of the wave would be beneficial.
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