Key takeaways:

• AltSignals’ second presale event is currently 50% completed.
• Bitcoin is struggling to defend its price above the $30k level.

Despite the current bearish trend in the cryptocurrency market, AltSignals’ presale event is gaining momentum. The second stage of the presale event has reached the halfway point, with more investors participating in the project. Meanwhile, Bitcoin and other cryptocurrencies are underperforming after last week’s rally.

What is AltSignals?

AltSignals is a Web3 project that aims to address the pain points of traders and simplify entry into the cryptocurrency market. The project provides trading signals for various financial markets, including stocks, forex, indices, cryptocurrencies, and CFDs. By leveraging blockchain technology and AI, AltSignals aims to make technical analysis and trading decisions easier for traders. The project has successfully raised over $1.1 million in the second stage of its presale event, which will be used to develop its trading platform. The native token, ASI, is currently priced at 0.01875 and may experience an increase in value before the next presale event.

AltSignals Continues to Gain Traction

Despite the retracement in the overall cryptocurrency market, AltSignals’ presale event continues to achieve new milestones. The second stage of the event has generated nearly $1.2 million, accounting for 52% of the total funding required. As the market retraces, more investors may consider purchasing cryptocurrencies, and AltSignals could be an attractive investment option. The early stage of the project presents an opportunity for potential investors.

Should You Invest in AltSignals?

Although the cryptocurrency market has experienced a downturn this week, it has outperformed other financial markets since the beginning of the year. Bitcoin has seen a 50% increase year-to-date, positioning it as one of the top-performing global assets. Market experts predict that Bitcoin’s price may surpass $100,000 in the coming months or years, benefiting other cryptocurrencies as well. AltSignals, with its niche-specific product targeting traders, could be one of the potential beneficiaries in the multi-billion dollar industry. As ASI progresses through its presale stage and gets listed on cryptocurrency exchanges, its price could experience significant growth. Additionally, if the crypto market enters a bull run, ASI’s price may appreciate in the medium to long term.

FAQ

What is AltSignals’ presale event?

The presale event is a funding stage for AltSignals, offering investors the opportunity to purchase ASI tokens at a discounted price before the project launches.

How much has AltSignals raised in the presale event?

AltSignals has raised over $1.1 million in the second stage of its presale event.

What is ASI?

ASI is the native token of the AltSignals ecosystem, powering the project’s trading platform and services.

Is AltSignals a good investment?

Investing in AltSignals carries risks, like any investment. However, AltSignals’ niche-specific product and potential growth in the cryptocurrency market could make it an attractive investment opportunity.

Where can I learn more about AltSignals’ presale?

Visit the official AltSignals website to learn more about the presale and the project.

What is the current price of Bitcoin?

At present, the price of Bitcoin is $29,960 per coin.

Sources: CoinJournal