While Institutional Investors Dump XRP and PEPE, IntelMarkets Leads Inflows With $7.6M Raised

Ripple and PEPE face turbulence as whales drop the two altcoins to shift to an emerging marvel of the DeFi space called the IntelMarkets.

Institutions are shifting their focus away from XRP and PEPE, with large amounts of both being sold off and heading towards a new DeFi project called IntelMarkets.

The price of XRP has dropped in the last 24 hours, while PEPE is also experiencing selling pressure. Meanwhile, IntelMarkets is turning heads with its massive presale performance.

Here's a closer look at the latest developments and why investors are paying attention to INTL.

Institutions Dump XRP, Pointing to Lack of Futures Contracts

One factor impacting the XRP price is the recent decision by the Chicago Mercantile Exchange (CME) to exclude XRP futures contracts, along with Solana's SOL token.

The CME has been a preferred platform for institutional investors to trade Bitcoin and Ethereum futures. The lack of further listings, such as XRP or SOL futures, could indicate a lower demand for altcoins among institutions outside of Bitcoin and Ethereum.

Several reasons could explain this, including regulatory uncertainty or a lack of clear use cases for altcoins in institutional portfolios.

At the beginning of January, there was optimism that the Trump administration would bring favorable regulation for XRP.

Ripple Labs CEO Brad Garlinghouse met with Trump in early January, leading to hopes that the shift in policy would accelerate institutional adoption of Ripple.

However, CME's decision to hold back on XRP futures contradicts this optimism, suggesting that the enthusiasm surrounding the XRP price may have been premature.

Regulatory hurdles continue to cloud the outlook on the XRP price, with the ongoing legal battle between the U.S. Securities and Exchange Commission and Ripple Labs still up in the air.

Until this matter is resolved, institutional investors are likely to remain hesitant to engage in large-scale transactions involving XRP, potentially hindering its growth.

Whales Sell 1.1 Trillion PEPE, Causing a 56% Drop

The price of PEPE faced significant downward pressure as large amounts of the token were sold off by prominent whales, pushing the price below $0.000014.

On-chain data highlighted major whale transactions that contributed to the decline.

A whale with the address 0xfBfC…07Be moved 430 B PEPE, valued at approximately $6.39 million, into Binance over the last nine hours.

Another notable transaction came from market participants.eth, who transferred 325.5 billion PEPE, worth around $4.9 million, to Binance 24 hours ago.

Furthermore, wallet 0xb1a2…6731 sold 200.88 billion PEPE for $2.85 million in USDC over the past two days.

Finally, the whale 0xC7ac…BE36 had 140.83 billion PEPE, approximately $1.98 million, moved into Binance just two hours ago.

These transactions, en masse, indicate a shift in whale behavior that could impact the market stability of PEPE.

With 1.1 trillion PEPE tokens entering the exchange landscape, the selling pressure is evident and will likely affect the resulting price trend of the cryptocurrency.

IntelMarkets (INTL): Attracting Investors with AI-Powered Platform

Amidst the ups and downs faced by XRP and PEPE, IntelMarkets (INTL) is quickly making a name for itself in the crypto space.

The platform, which leverages artificial intelligence (AI), is designed to provide real-time market analysis, risk management, and automated trading.

By integrating AI bots, known as Intelli-M™ bots, the platform offers traders a highly efficient and accurate way to execute trades.

These self-learning bots continuously analyze the market and adapt their strategies to maximize profitability for users.

With this AI-driven approach, IntelMarkets aims to deliver precise trading information in real-time, setting it apart from traditional cryptocurrency exchanges.

The presale of IntelMarkets (INTL) has been a resounding success, raising over $7.6 million.

This new platform is designed to be both secure and user-friendly, targeting both seasoned traders and beginners.

One of the key features of the platform is its use of quantum-resistant technology, including the Route X21 protocol, to safeguard against quantum attacks, ensuring the security of digital assets.

Additionally, IntelMarkets plans to launch the Quantum X wallet, which will provide enhanced security for digital currencies.

This focus on security and cutting-edge technology has made IntelMarkets a highly attractive option for investors looking for a safer, more effective way to engage in the cryptocurrency market.

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