Depressed prices in the crypto markets continue to prompt investor apathy. However, select top crypto coins with favorable returns and potential are seeing more investment. Toncoin (TON), Algotech (ALGT), and Filecoin (FIL) are some of the top altcoins resisting the downturn.
How are TON, ALGT, and FIL doing this?
Toncoin (TON) Stands Out In Dull Market With Massive Gains
Toncoin (TON) continues to dominate the market after posting impressive gains in the existing loss-making environment. Toncoin (TON) price surged 18% from $5.94 to $7.02 between April and May. The laudable gain saw Toncoin (TON) get rewarded with massive demand from profit-seeking crypto enthusiasts.
A recent collaboration with Telegram, the messaging app, resulted in Toncoin’s (TON) ranking in the top 10 altcoins. Also, the launch of its play-to-earn game, Notcoin, its eponymous native token, got listed on Binance, which helped boost Toncoin’s (TON) stature and price in the crypto market.
Toncoin (TON) investors are excited about Toncoin’s (TON) prospects as it gains more investors and the total value locked in its protocol rises. Its rising price, acceptance, and popularity cause experts to suggest a bullish market sentiment for Toncoin (TON).
With technical analysis showing Toncoin’s (TON) RSI northbound and surging demand, price predictions forecast that Toncoin (TON) may reach $15 by the end of the year.
Algotech (ALGT) Attracts Investors With Profitable Public Presale
Algotech (ALGT) stands out from new DeFi projects because of its artificial intelligence integration on a decentralized crypto trading application. The platform aims to democratize profits in the crypto trading arena by bundling high-level trading tools and techniques and making them available to retail traders to maximize their profits.
Algotech (ALGT) automates trading strategies, eliminating manual trading and enabling quick profit realization. Further, its machine learning models help quicken market analysis and delivery of decision-making information, enabling proper timing and market entry. It also allows for solid capital preservation and growth.
These features have made Algotech (ALGT) a popular presale coin in the market, which has generated massive demand as its public presale advances. Algotech’s (ALGT) public presale has reached Stage 3 with a significant 100% price uptick from Stage 1 valuation of $0.04 to $0.08, leading to its popularity and uptake.
Influenced by this gain and the expected 87.5% uptick to its listing price of $0.15, new investors have bought Algotech (ALGT) in large numbers. With only one more stage before Algotech’s (ALGT) public presale ends, savvy investors have discovered that now is the best time to buy Algotech (ALGT).
Filecoin (FIL) Investors Ready For Impending Massive Price Gain
The ongoing market downturn overwhelms Filecoin (FIL) as its price falls. Filecoin (FIL) price has lost from $9.96 to $5.59. Moreover, Filecoin (FIL) has suffered a massive decline in trading activity, as the trading volume data shows.
Despite Filecoin’s (FIL) decline, its holders remain optimistic about its prospects. Strategic partnerships, an active Filecoin (FIL) community, network scalability, and its advanced security are some of Filecoin’s (FIL) key highlights that drive its acceptance and demand.
Technical analysis shows an impending Filecoin (FIL) turnaround as it prepares for a surge to reach and surpass a crucial resistance level at $6.5. With its RSI hovering above the 50% level, indicating a neutral market sentiment, analysts agree that Filecoin (FIL) may rise to a $7 price target by the end of the year.
