Chainlink (LINK) adoption increases; Polygon (MATIC) suffers outage; Whales flood to Algotech (ALGO) presale

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  • Chainlink’s (LINK) CCIP generates over $484k in revenue due to increased partnerships.
  • The Polygon (MATIC) network was down by around 12 hours.
  • Algotech (ALGO) is nearing the completion of its presale stage 2.

Crypto investors and enthusiasts across the world are rallying behind Algotech (ALGO). Even market experts are bullish on this newly launched project. Therefore, the demand for its presale tokens is skyrocketing, with more than 82 million ALGO already sold. Moreover, projects like Chainlink (LINK) and Polygon (MATIC) are trying to capitalize on the bullish conditions created by Algotech (ALGO).

The latest on-chain data suggest that the adoption of Chainlink (LINK) has been increasing. As per the data from Dune, Chainlink’s (LINK) Cross-Chain Interoperability Protocol (CCIP) has recorded more than $484,000 in revenue.

Analysts believe that this revenue will surge further as Chainlink (LINK) is on a spree to forge new strategic partnerships with businesses, and other blockchains. These developments are well-reflected in the price movement of Chainlink (LINK).

Over the past seven days, the price of Chainlink (LINK) has increased by 21%. Consequently, Chainlink (LINK) is currently changing hands at $19.80.

Users question Polygon’s (MATIC) scalability

The Polygon (MATIC) network has suffered a massive outage, triggering its developers’ community. This has also hurt the price movement of Polygon (MATIC), which has gone down by 2% on the monthly chart.

Hence, at the time of writing, Polygon (MATIC) is available to trade at $1.04. Recently, the Polygon (MATIC) network was down for around 12 hours. Thus, many Polygon (MATIC) users have started questioning the reliability of the network.

However, the MATIC team clarified that the outage had not impacted any chain that has deployed using Polygon CDK.

Algotech (ALGO) presale garners massive interest from bulls

Ready to upgrade your trading game? Algotech (ALGT) is changing the way we trade crypto. This upcoming platform will harness the power of advanced algorithms. Algotech (ALGT) will help you design and automate the most intricate trading strategies.

Interestingly, algorithmic trading is undergoing a massive boom phase. Some reports project that this industry can soar to $20.52 billion in 2024. Algotech (ALGT) is ready to seize this moment.

Tired of trading based on hunches and emotions? Algotech (ALGT) puts data at the forefront. The platform analyzes live market conditions, identifying hidden opportunities so you can make informed moves. Besides, the platform is planning to roll out AI-powered trading bots for instant trade adjustments.

Algotech (ALGT) is built with the future in mind. It promises to offer a smooth trading experience, blazing speeds, and minimal costs. But there are more perks. Algotech (ALGT) has unveiled a unique profit-sharing model. It will distribute 1%-10% of the platform’s earnings among its community members.

Holding ALGT, the platform’s native token, unlocks more benefits. Moreover, you will have a say in how the project develops. You can also win attractive prizes like the latest Apple iPhones and iPads in giveaways.

The Algotech presale is a hot ticket, with Stage 2 flying high. Grab an ALGT token for just $0.06 (that’s already a 50% leap from Stage 1). Experts are buzzing that ALGT may hit $0.15 before listing on major exchanges. Thus, it is your chance to get in early.

Learn more:

Visit Algotech Presale

Join The Algotech Community

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