In a remarkable turn of events in the crypto market, Binance Coin (BNB) has achieved a market capitalization that surpasses those of major global corporations like Starbucks and UBS. Concurrently, the Algotech (ALGT) presale draws significant attention from savvy buyers, with substantial purchases recorded as investors rush to acquire the promising token.
Could the latter be the best crypto to buy now? Read on to discover.
Binance Coin Surpasses $700, Hits New All-Time High Despite Legal Challenges
After a quiet start during the 2024 bull run, Binance Coin surged past $700, reaching a new all-time high and achieving a market cap exceeding $100 billion on June 5, 2024. This rise has seen BNB surpass the market caps of major companies like UBS, Dell, and Starbucks.
Binance Coin has faced significant legal challenges, including a recent dispute with Nigerian authorities and a $4.3 billion settlement with the US Department of Justice. Despite these hurdles and the resignation of founder Changpeng Zhao, BNB has managed to break out of its slump.
BNB’s resurgence comes amid a broader bull run dominated by Bitcoin, Ethereum, and various meme coins. Today, BNB’s market cap continues to grow, positioning it among the giants of the traditional financial world.
So, how did Binance Coin’s price react to this? Within a week after the news, BNB had shifted from $698.89 to $683.36, exhibiting a 2.22% downturn. Will Binance Coin rebound from this bearish stretch? According to experts, BNB is poised to trade at $992.16 by the end of Q2, showcasing 45.19% coin earnings from Binance Coin’s price of $683.36.
Algotech’s Winning Streak Continues: Price Forecasted to Hit $0.10
Algotech (ALGT) is a modern marvel, leveraging cutting-edge technology and artificial intelligence to let users analyze the market swiftly and act on reliable data. New ALGT traders can dive in and start raking in profits immediately, thanks to its robust cloud-powered infrastructure that supports high-frequency trading for substantial gains.
Moreover, automation is critical at Algotech, eliminating manual trading and human errors like bias, exhaustion, and inconsistency. The ongoing public presale is a hit, drawing massive demand and subscriptions. With a historic $6 million raised, Algotech is on a winning streak, poised to revolutionize the trading system dynamics with this hefty infusion.
At the time of writing, ALGT was selling at $0.08 in its Bonus Stage. The price is expected to reach $0.10 in the next stage, marking a 25% rise.
ALGT Primed for 275% ROI After Rapid Fundraising Success
Algotech raised $1.1 million in just two days during its private seed sale. Following this achievement, the company launched a public presale of its ALGT token, starting at $0.04. With projections suggesting that ALGT will reach $0.15 by the time it debuts on major exchanges, investors are eyeing a potential return on investment of 275%.
It looks like ALGT is taking over the crypto market by storm, making this the opportune time to acquire the token.
