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Cryptocurrency News Articles

Binance Secretly Accumulates a Growing Altcoin, a Pattern Similar to XRP's Acquisition Before Its 3,200% Rally

Dec 20, 2024 at 06:00 am

A Binance debut often triggers massive price surges, and this mysterious altcoin, with its unique utility and growing community, could be next in line.

Binance Secretly Accumulates a Growing Altcoin, a Pattern Similar to XRP's Acquisition Before Its 3,200% Rally

CryptoSlate has noticed a pattern where Binance is quietly accumulating a growing altcoin, a move that preceded XRP’s 3,200% rally before its addition to the exchange.

The biggest crypto exchange, Binance, has seen an incredible $24 billion in inflows, as reported by DefiLlama. With a user base of over 250 million, Binance surpassed the combined inflows of the ten leading market exchanges.

The exchange attributed this success to increased global adoption of digital assets, recent legislative victories, rising crypto prices, and also the launch of Spot Bitcoin ETFs in key markets including the United States and Hong Kong. Binance still leads the crypto space in trading volume and user figures despite regulatory difficulties in countries such as the U.S., India, Nigeria, and Brazil. Also, the platform still intends to grow its worldwide reach and audience.

Meanwhile, Binance Coin (BNB) is trading at $710, down 1% in twenty-four hours, yet up 14% this month. Analysts estimate BNB would hit $1,000 by January 2025.

XRP’s price dip sparks bullish sentiment amid $5 target prediction

XRP rallied 3,200% between September and November 2024 attracting substantial investor attention. However, the Ripple token dipped recently, losing 3% of its value within 24 hours. Regardless of this, the XRP community remains hopeful regarding its future, and it is apparent why.

Recently, XRP pushed past BNB and Tether to become the third biggest cryptocurrency by market value. This pushed its value from $1 to $2.50. Hopes of a favorable conclusion to Ripple’s pending SEC case and a crypto-friendly SEC chair have only increased confidence in XRP’s potential.

XRP’s price increase has some investors searching for alternative options as analysts anticipate a move to $5 by January. IntelMarkets (INTL), with its presale price below $1, is emerging as a viable option for those aiming to capitalize on the next big rally.

IntelMarkets (INTL): Revolutionizing crypto trading with AI and dual-chain technology

IntelMarkets (INTL) combines artificial intelligence (AI) and decentralized finance (DeFi) to bring cryptocurrency traders faster, smarter solutions. The platform’s AI technology has self-adaptive algorithms that analyze and execute complex trades across several markets with speed and precision. To ensure user trust, IntelMarkets has passed KYC verification through Codeum, emphasizing security and compliance.

What makes IntelMarkets unique is its dual-chain system, operating across Ethereum and Solana blockchains. This innovative design lets traders choose their preferred network, optimizing transactions for speed or scalability based on their needs. With $1.61 million in backing from Fortune 500 investors and sovereign wealth funds, IntelMarkets is already making waves in the crypto industry.

Backed by experts from MIT, Renaissance Technologies, and OpenAI, the project provides advanced trading tools like automated monitoring, professional-grade APIs, and access to both desktop and mobile platforms. These features empower users with real-time insights and 24/7 control over their trades.

Currently, in its eighth presale stage, the $INTL token is available for $0.073273, with a potential growth of over 1,000% from its initial price of $0.009. With plans for listing on several exchanges, IntelMarkets is gearing up for widespread adoption and long-term growth opportunities for early investors.

To learn more about the IntelMarkets platform, visit the presale or Join the INTL community on Telegram.

News source:bitcoinist.com

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Other articles published on Dec 20, 2024