2024-4-4 11:44 |
Artificial intelligence has pretty much been all the rage in financial markets for more than a year now. Still, Jim Cramer says “the AI game has not even started yet”.
Cramer says AI is not a bubbleLast night on “Mad Money”, the famed investor recommended against dismissing the likes of Nvidia Corp as the ongoing focus on artificial intelligence is far from a bubble.
So, the stock market expert is confident that AI will remain a continued benefit for the financial markets moving forward. And that may now mean stocks only.
Crypto projects with a toe dipped in artificial intelligence could benefit as well. This is what makes Algotech an interesting investment for 2024.
How does Algotech give you AI exposure?Algotech is a recently introduced platform that is powered by its native token called the $ALGT.
A position in $ALGT is particularly exciting as it uniquely exposes you to the artificial intelligence market as well. How? Because Algotech is an AI enabled trading platform that’s committed to maximising your returns out of a financial market.
So, right there you already have two ways to make money with Algotech. First, it will help you make profitable trades and second, you may benefit from price appreciation in its $ALGT coin.
Note that Algotech is not just words. It actually tells you what strategies is it deploying on the back of artificial intelligence to help you make safer trades with bigger potential returns. These include mean reversion, hedging, and closely following the trend.
You can find out more about Algotech on this link.
$ALGT is already attracting strong demandHere’s another exciting aspect of $ALGT for its potential investors.
Trading platforms tend to make money off the trading fees, right? Well, guess what – Algotech actually shares a part of that fees with you provided that you are invested in its native coin.
$ALGT presale has raised close to $4.0 million in about a month which suggests Algotech and what it has to offer is sitting well with the investment community.
After the presale, its native ERC-20 token will likely list on a crypto exchange that may further boost demand and subsequently the price of $ALGT. Although, Algotech has not so far confirmed what crypto exchange is it chasing for listing.
As evident, taking an early position in Algotech today when it’s priced at pennies only sets you up for sizable profits in the future. Steps you need to follow to invest in $ALGT are elaborated on its website here.
Number of users on Algotech ($ALGT) is risingAll in all, Algotech may be worth investing in 2024 because it can take advantage of the broader tailwinds in both artificial intelligence as well as the cryptocurrencies market.
Both, as you may know, are expected to remain super strong this year – especially since the U.S. Federal Reserve is now warming up to lower its key overnight borrowing rates.
Last week, the U.S. Bureau of Economic Analysis reported core personal consumption expenditures (PCE) price index in line with expectations in February and the central bank has signalled three rate cuts in 2024.
It is also worth mentioning here that Algotech now has close to 9,000 users in total. To become one of them, click here now.
The post Algotech ($ALGT) outlook as Cramer says 'AI game has not even started yet' appeared first on Invezz
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