Alga Finance | Announcements
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Platform for tracking based on index derivatives. Helping to find the fine line between traditional tool & new mechanics!

Our Chat: t.iss.one/algafinance_int
Website: alga.finance/
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🟒ALGA Technical Works 🟒

πŸ“£Dear All,

We would like to inform you that we will be conducting some technical works on the ALGA platform later tonight, in order to provide an even smoother experience for our users!

⚠️Please be aware that while these technical works are in progress, the ALGA platform will NOT be operational. The platform will go offline tonight, July 10th, from 00:00-01:00 AM (UTC+3).

Thank you for your understanding.
Your ALGA Team
πŸ’š
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ALGA Index Profitability UpdateπŸ“Š

Looks like the market dip is slowly improving, but it’s still too early to relax. Every decision under current conditions is a major one, so let’s think through every step. Your bets for next week, ladies and gentlemen?

πŸ‘‡BTC Main: -9.35%
πŸ‘‡ETH Main: -6.45%
πŸ‘‡BTC Combo: -11.31%
πŸ‘‡ETH Combo: -10.62%
βž–Stable Index: 0%
πŸ‘‡ALGA10: -10.23%
πŸ‘‡ALGA5: -10.43%
πŸ‘‡ALGAGPT7: -8.46%
πŸ‘‡Wallet Index: -5.42%
πŸ‘‡DeFi Index: -8.97%
πŸ‘‡DEX Platforms Index: -13.41%
πŸ‘‡AI Index: -16.25%
πŸ‘‡MEMES Index: -15.61%
πŸ‘‡Smart Contract Index: -5.58%
πŸ‘‡PolkaDot Index: -9.07%
πŸ‘‡MetaVerse Index: -15.07%
πŸ‘‡AlgaGS: -11.32%
πŸ‘‡AlgaVE: -10.79%
πŸ‘‡AlgaBR: -12.27%
πŸ‘‡CryptoTiger: -14.02%
πŸ‘‡CryptoStudent: -8.5%

πŸš€Find out more: alga.finance
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EBITDAR in a Nutshellβœ…

EBITDAR is the abbreviation for Earnings Before Interest, Taxes, Depreciation, Amortization, and Rent.☝️

EBITDAR is not affected by financing decisions, the tax structure, and non-cash items (e.g. depreciation, amortization), just like EBITDA. However, for EBITDAR, the effects of rent costs and any non-recurring items such as restructuring charges are also removed.

βœ…EBITDAR = EBIT + Rent Costs + Restructuring Charges

This allows for a more accurate comparison when evaluating companies’ performance, and making investment decisions.πŸ’―
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Join ALGA Zealy Campaign!πŸ“£

The ALGA index derivatives platform is more than just numbers. In fact, we know that what matters most are the people. This is why we have come up with an incentive-full Zealy campaign to reward our loyal community members!

If you are just getting started with ALGA – it’s a chance to get to know us better. And if you are with us from the start – why not use your already-extensive knowledge to your benefit!

Pass our daily Zealy quests, get into the Top & reap well-deserved winnings!🟩

πŸ’²Prize Pool:

🟒 $2,975 USDT
🟒 $975 in Tokens

πŸ“†Campaign Dates:

🟒 July 18 - August 18 2024

πŸ†Distribution:

1-10 - $25 USDT + $25 in Tokens

11-25 - $15 USDT + $15 in Tokens

26-50 - $10 USDT + $10 in Tokens

51-100 - $5 USDT + $5 in Tokens

101-500 - $5 USDT

πŸš€Join ALGA Zealy
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ALGA Index Profitability UpdateπŸ“Š

May the toughest times be behind us? With the Ethereum ETF approval underway, and SEC losing cases against stablecoins, it appears the market starts to see the light. And of course the first ones to react positively are ALGA indexes! Time to make next week’s decisions. What are your assets of choice?🫡

😎BTC Main: +0.41%
πŸ‘‡ETH Main: -0.61%
😎BTC Combo: +2.98%
πŸ‘‡ETH Combo: -0.52%
βž–Stable Index: 0%
😎ALGA10: +1.63%
😎ALGA5: +0.78%
😎ALGAGPT7: +5.28%
😎Wallet Index: +3.14%
😎DeFi Index: +11.54%
πŸ‘‡DEX Platforms Index: -3.12%
😎AI Index: +7.05%
😎MEMES Index: +4.09%
😎Smart Contract Index: +5.05%
😎PolkaDot Index: +3.71%
😎MetaVerse Index: +5.08%
😎AlgaGS: +0.04%
😎AlgaVE: +0.94%
😎AlgaBR: +0.48%
😎CryptoTiger: +0.1%
😎CryptoStudent: +1.02%

πŸš€Find out more: alga.finance
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Zilliqa Index β€” LIVE!πŸ“£

ALGA index derivatives’ collection just keeps on growing, and today’s new addition includes our partners – Zilliqa – a Layer 1 blockchain.🟩

A user-first blockchain built by the pioneers of sharding, Zilliqa incorporates significant improvements for the blockchain world, delivering faster consensus, on-chain smart accounts, interoperability with other EVM chains and a refined paradigm of sharding with sovereign application-specific shards.

The revolutionary chain is now part of our Zilliqa index, balanced by Bitcoin, Ethereum and a fair amount of Stablecoins for proper risk management.πŸ”

🟒BTC – 30%

🟒ETH – 10%

🟒ZIL – 40%

🟒XCAD – 10%

🟒STABLE – 10%

➑️You can view the monthly profitability of the Zilliqa Index & find out more about it via our website: alga.finance
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ALGA Index Profitability UpdateπŸ“Š

Hello weekend and a fresh ALGA index profitability update! Let’s see how this week treated our investors, and make next week’s predictions. Seems like many are in the plus, let’s hope this market streak continues!

😎BTC Main: +3.28%
πŸ‘‡ETH Main: -4.91%
😎BTC Combo: +5.17%
πŸ‘‡ETH Combo: -7.74%
βž–Stable Index: 0%
😎ALGA10: +3.38%
😎ALGA5: +2.59%
😎ALGAGPT7: +4.8%
πŸ‘‡Wallet Index: -3.71%
😎DeFi Index: +3.95%
πŸ‘‡DEX Platforms Index: -7.42%
πŸ‘‡AI Index: -7.42%
πŸ‘‡MEMES Index: -0.44%
πŸ‘‡Smart Contract Index: -1.02%
πŸ‘‡PolkaDot Index: -1.87%
πŸ‘‡MetaVerse Index: -0.91%
πŸ‘‡Zilliqa: -6.14%
😎AlgaGS: +0.73%
😎AlgaVE: +2.61%
😎AlgaBR: +3.83%
πŸ‘‡CryptoTiger: -7.36%
πŸ‘‡CryptoStudent: -6.58%

πŸš€Find out more: alga.finance
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Stock Split in a Nutshellβœ…

A stock split is when a company’s board of directors issues more shares of stock to its current shareholders without diluting the value of their stakes.

A stock split increases the number of shares outstanding and lowers the individual value of each share. While the number of shares outstanding change, the overall market cap of the company and the value of each shareholder’s stake remains the same.☝️

A stock split can help lower each share price to appeal to new investors and consequently attract more investment.πŸ’―
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ALGA Index Profitability UpdateπŸ“Š

Another week is behind us, and as per our tradition, it’s time to sum up this ALGA index profitabilities. How are things looking? A solid plus on the BTC and ETH fronts, as well as our ALGA10, ALGA5, ALGAGPT7, AlgaGS, AlgaVE and AlgaBR. Bring on next week’s bets!🟩

😎BTC Main: +5.31%
πŸ‘‡ETH Main: -2.63%
😎BTC Combo: +8.26%
πŸ‘‡ETH Combo: -4.34%
😎Stable Index: +0.09%
😎ALGA10: +5.19%
😎ALGA5: +4.97%
😎ALGAGPT7: +5.16%
πŸ‘‡Wallet Index: -5.95%
😎DeFi Index: +6.18%
πŸ‘‡DEX Platforms Index: -4.22%
πŸ‘‡AI Index: -4.23%
😎MEMES Index: +1.76%
πŸ‘‡Smart Contract Index: -2.15%
πŸ‘‡PolkaDot Index: -3.08%
πŸ‘‡MetaVerse Index: -0.04%
πŸ‘‡Zilliqa: -4.33%
😎AlgaGS: +3.35%
😎AlgaVE: +4.76%
😎AlgaBR: +6.53%
πŸ‘‡CryptoTiger: -4.72%
πŸ‘‡CryptoStudent: -7.75%

πŸš€Find out more: alga.finance
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🐍Bollinger Bands in a Nutshell🐍

Bollinger Bands is a technical analysis indicator used to provide information about price and volatility of underlying assets.πŸ“ˆ

⬇️Bollinger Bands are composed of three lines (bands) plotted on the chart.

🟒Middle Bollinger Band - A moving average of the price
🟒Upper Bollinger Band - An n-times standard deviation of the price above the moving average
🟒Lower Bollinger Band - An n-times standard deviation of the price below the moving average

The main purpose of Bollinger Bands is to indicate the levels at which the price can be considered too high or too low. When the market price approaches the upper Bollinger Band, the market can be considered overbought, and when it approaches the lower Bollinger Band, it can be considered oversold.

Bollinger Bands have to be used in conjunction with other indicators for a complete picture of the market.☝️
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