Close Menu
AlexaBlockchain
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
Facebook X (Twitter) Instagram
Sunday, June 1
  • Advertise
  • Crypto PR
  • Partner
  • Submit Press Release
  • Contact Us
X (Twitter) Facebook LinkedIn Instagram
AlexaBlockchain
Banner
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
AlexaBlockchain
You are at:Home » Why whales are aping into Fetch.ai, Algotech, and BNB?
Industry Viewpoint

Why whales are aping into Fetch.ai, Algotech, and BNB?

Many crypto whales are positioning themselves in smaller, newer Altcoins, with unique infrastructure, novel technologies, and are still under the radar.
AB PR DeskBy AB PR DeskFebruary 23, 2024No Comments3 Mins Read
Twitter Facebook LinkedIn Reddit Email WhatsApp
Why whales are aping into Fetch.ai, Algotech, and BNB
Why whales are aping into Fetch.ai, Algotech, and BNB
Share
Twitter Facebook LinkedIn Pinterest Reddit Telegram Email WhatsApp

The cryptocurrency market has received some jolts of life in recent weeks, and ahead of what is to be a massive move that will likely see Bitcoin surpass its previous all-time high, many crypto whales are positioning themselves in smaller, newer Altcoins, with unique infrastructure, novel technologies, and are still under the radar. Fetch.ai, BNB, and Algotech are three of these cryptocurrencies, and we will look at why the hype has shifted from popular cryptocurrencies like Ethereum and Solana to these. Let’s get started.

Algotech

After the success of its presale which saw over $1.1 million worth of ALGT sold in 2 days, Algotech (ALGT) has gotten the attraction of whales and retail traders alike. The underlying architecture, which seeks to use novel techniques like machine learning, Artificial intelligence, and advanced data analysis tools to foster cryptocurrency trading, has been widely accepted. The platform seeks to reduce human emotional involvement in the trading process, and it does so by algorithm and automated trading strategies. Some of those strategies include Momentum Trading, mean reversion, and some arbitrage opportunities.

The Algotech (ALGT) token is at the center of the Algotech ecosystem, and many analysts are predicting the price will end 2024 at $0.15, a 275% increase from its current price of $0.04. the first sale of its presale Is over, and early birds have three more stages before listings on exchanges take place.

Ownership in Algotech also gives token holders some governance rights to make decisions about the future direction of the platform. Whales are moving into Algotech in droves, as it offers a great margin of safety in their quest for diversification.

Fetch.ai

Fetch.ai is an all-encompassing open-access machine-learning Blockchain network fueled by Artificial intelligence. One of its selling points is its decentralized economy, and its potential applications range from real-life uses like transportation and supply chain management to others like data sharing and machine learning.

Whales have been aggressively buying up Fetch.ai (FET) tokens. As of September 2023, the amount held by whales spiked up to 302.2 million FET, and this seems to have instilled confidence in most retail traders. Due to its close correlation with Nvidia, FET could be in for a very long bullish ride.

BNB

After a rough ride with the US Securities and Exchange Commission, which saw its founder resign, BNB seems to have put the past behind it and is soaring on to new highs. The cryptocurrency has crossed the $55 billion market cap, a figure last seen in November 2023. This sudden spike can be attributed to an increase in its whale activities as wallets holding above 1 million BNB have increased to 1,867. On the technical outlook, BNB is primed to increase to about $449 ($73 billion market cap) before it faces any real resistance. A Binance Coin price prediction even sees it at $507 by the end of 2024. Whales are adding to their position in BNB as it seems like Bitcoin’s increase and Binance’s dominance are not set to stop any time soon.

For more details about this project:
Visit Algotech Presale
Join The Algotech Community

Read Also: How Bitcoin Halving Influences the Crypto Market Dynamics?

Algotech Best Crypto to Invest Binance Coin (BNB) Crypto Crypto Investment Crypto Whales Digital Asset Investment Fetch.ai
Share. Twitter Facebook LinkedIn Reddit Pinterest Tumblr Telegram Email WhatsApp
AB PR Desk
  • Website

AlexaBlockchain.com is the leading source of breaking news on blockchain, cryptocurrency, DeFi, metaverse, NFTs, and Web 3.0. Contact info[AT]alexablockchain.com to talk about press releases, sponsored posts, advertisements and other options.

More AlexaBlockchain

QFSCOIN Launches Affordable Cloud Mining Contracts to Democratize Bitcoin Access

May 30, 2025

India’s Supreme Court Slams Government Inaction on Crypto Regulation

May 19, 2025

Top 5 Sharding Blockchain Networks Transforming Scalability in 2025

April 30, 2025

Crypto UX Problem Persists Despite Growth, Finds Reown and Nansen’s 2025 Onchain UX Report

April 30, 2025

Taurus Brings Institutional-Grade Crypto Staking for Global Banking Clients

April 29, 2025

Why DeepBook Protocol (DEEP) Price Surged Over 161% Last Week

April 28, 2025
Add A Comment

Comments are closed.

Don't Miss

QFSCOIN Launches Affordable Cloud Mining Contracts to Democratize Bitcoin Access

Liquidium Launches Cross-Chain Bitcoin Lending Without Wrapped Tokens or Bridges

Katana Launches High-Yield DeFi Blockchain Backed by GSR and Polygon Labs

Sony’s Soneium Brings Viral Telegram Game Sleepagotchi to 200M Users via LINE

Trending Topics
  • Blockchain News
  • Blockchain Technology
  • Blockchain Platforms
  • Blockchain Regulation
  • Bitcoin News
  • Ethereum News
  • Ripple News
  • Tezos News
  • CBDC
  • NFTs
Featured Companies
  • Binance
  • Tech Mahindra
  • Huobi
  • Efforce
  • Future FinTech Group
  • SuburbanColors
  • Launchpool Labs
  • Lucky Crab Club
  • SIMBA Chain
  • Bulldog Law
Stay Updated
  • Events
  • Newsletters
  • Follow
  • Follow on Google News
  • Blockchain Directory
Get In Touch
  • Crypto PR
  • Advertise
  • Partner
  • About
  • Masthead
  • Careers
  • Write for Us
  • Submit Press Release
  • Submit Guest Post
  • Contact US
Copyright © 2025. AlexaBlockchain
  • About
  • Advertise
  • Crypto PR
  • Submit Press Release
  • Write for Us
  • Careers
  • Privacy Policy
  • Affiliate Disclosure
  • Disclaimer
  • Contact

Type above and press Enter to search. Press Esc to cancel.