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Breaking News: Ripple Announces $500 Million Funding Round, Achieving $40 Billion Valuation
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Breaking News: Ripple Announces $500 Million Funding Round, Achieving $40 Billion Valuation

Memecoin Trend Fizzles Out, Investors Selling SHIB and BONK to Buy This AI Token Instead

Bitcoinist
by Bitcoinist
Last Updated: July 13, 2024 7:00 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The once-popular memecoins Shiba Inu (SHIB) and Bonk (BONK) are witnessing a decline in investor interest amid the unstable market sentiment. While the memecoins are going down, Algotech (ALGT) has seized the opportunity with its AI-powered trading platform, capturing the attention of investors looking for 25x gains.

Top SHIB Executive’s Critical Tweet Addresses Haters

Shiba Inu (SHIB) has faced a fair share of criticism and skepticism from various quarters. Lucie, the official social media marketing expert of the Shiba Inu (SHIB) developer team, recently addressed the surging negativity on her X account. She argued that haters’ persistent attacks on the SHIB ecosystem are baseless.

According to her, those who criticize the project often struggle with personal issues, using their hostility as a coping mechanism. She emphasized that the SHIB team is focused on creating and developing solutions to improve lives worldwide, regardless of the hate they receive. Lucie concluded that actions speak louder than words, and that’s how the project’s future will respond.

BONK & Manta Network Collaboration Sparks Hype Among Investors

Bonk (BONK) is also experiencing a decline in interest. Recently, BONK announced a collaboration with Manta Network, offering 1 million MANTA tokens as rewards for locked BONK. This initiative was taken to boost participation in the upcoming ecological projects.

Despite these efforts, BONK has faced surprising price drops, with a recent 11.82% decline in value over the last 24 hours. BONK’s efforts to engage the community through rewards and pop-up events show its proactive approach to maintaining interest. However, the market sentiments indicate that more than this may be needed to sustain long-term investor confidence.

Algotech (ALGT) Knocks Out The Meme Frenzy With AI Trading

Given that Shiba Inu (SHIB) & Bonk (BONK) aren’t doing too well for the investors, Algotech (ALGT) has made it to the spotlight. Algotech is a cutting-edge AI-driven trading platform rapidly gaining traction among cryptocurrency investors and whales. Algotech supports trading across over 10,000 pairs and utilizes artificial intelligence and machine learning technologies.

Algotech has recently made headlines with its impressive presale performance, raising nearly $10 million. The current price of ALGT has been updated to $0.08 and is expected to rise to $0.15 in the next round, indicating strong investor interest and confidence. The platform’s game-changing approach and advanced technology have positioned it as the next big thing.

Algotech Captures The Market With A $250,000 Giveaway

Algotech’s ongoing mega $250k giveaway further adds to the hype of entering its explosive presale. This giveaway is offering 10 lucky winners $25,000 worth of ALGT each. This exciting opportunity and AI trading are pulling investors away from SHIB and BONK.

The shifting investment patterns from Shiba Inu (SHIB) and Bonk (BONK) to Algotech (ALGT) highlight the evolving priorities of cryptocurrency investors. Even though memecoins did pose a threat to crypto giants, the current market sentiment is completely opposite. Algotech is diverging the attention from memecoins to its AI-based platform for 100% ROI opportunities.

Algotech’s successful presale and innovative approach have ranked it as a dominant platform in the next wave of crypto investments, offering a compelling alternative for those seeking shelter amid the memecoin craze.

Learn more:

Visit Algotech Presale

Join The Algotech Community

Algotech $250K Giveaway

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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