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Cryptocurrency News Articles
IntelMarkets (INTL): A New AI-DeFi Crypto to Watch
Dec 20, 2024 at 09:24 pm
IntelMarkets (INTL) basks in the spotlight, standing out for its unique narrative as a blend of AI, blockchain and DeFi.
The crypto market took a downturn this week as the Federal Reserve announced plans to cut interest rates twice in 2025. However, some tokens managed to defy the bearish trend and post impressive gains. Among them was IntelMarkets (INTL), a new AI crypto that surged over 700%.
The broader crypto market took a hit this week as the Federal Reserve announced its decision to cut interest rates twice in 2025. The news sent shockwaves through the financial sector, leading to a sell-off of stocks and cryptocurrencies. However, amidst the market turbulence, a select few tokens bucked the downtrend and posted substantial gains, capturing the attention of traders and investors alike.
Among the standout performers was IntelMarkets (INTL), a cutting-edge AI crypto that surged an impressive 700%. The token, which is poised to revolutionize the crypto trading landscape, attracted immense interest and soared to new heights. But what exactly sets IntelMarkets (INTL) apart and makes it a compelling investment opportunity? Let's delve into its unique narrative and exceptional strengths.
IntelMarkets (INTL): A Unique Narrative and Stellar Performance
IntelMarkets (INTL) has emerged as a trailblazer in the crypto sphere, boasting a compelling narrative that seamlessly blends AI, blockchain and DeFi. Its unique identity as the first AI-powered trading platform positions it to capture a sizable portion of the $36 billion global crypto trading market.
As the forerunner in merging AI with crypto trading, IntelMarkets (INTL) aims to transform the trading experience like never before. Its seven-figure ICO campaign has attracted widespread attention, and the token is poised for a grand debut. With each passing stage in the ICO, and as the total funds raised approach the $5 million mark, INTL is primed for an exceptional launch.
Moreover, IntelMarkets (INTL) stands out as a decentralized and fairly launched crypto. Unlike Dogecoin (DOGE) and Cardano (ADA), which have faced criticism for their uneven distribution, INTL ensures that no single individual or whale holds a substantial portion of the token supply. This aspect enhances its appeal as a promising investment opportunity.
As the launch date draws closer and considering the impressive $4.9 million raised so far, IntelMarkets (INTL) presents a compelling investment at $0.073 in the eighth ICO stage. With projections of a 65x rally post-listing, the token offers an unmissable opportunity to ride the wave and reap substantial gains.
Dogecoin (DOGE) Tumbled Below $0.4
The meme coin that took 2021 by storm, Dogecoin (DOGE), faced a setback this week, emerging as one of the biggest losers. Reflecting the bearish sentiment, the DOGE price trades around $0.35, having slipped significantly from the $0.4 support.
Despite the downturn, technical indicators like the 100-SMA and Williams Percent Range (14) hint at a potential bullish reversal. This positions Dogecoin (DOGE) among the altcoins to watch out for—the dip might present a favorable entry point for those looking to acquire the meme coin at a lower price.
Meanwhile, expert analysis bodes well for a DOGE bounce. Kingthies, a top expert, anticipates a recovery toward $0.65. Moreover, the long-term goal remains unchanged, with Zigasjay expressing optimism for a run toward $5 during this bull season. However, it's worth noting that new altcoins like IntelMarkets (INTL) with no bull market history might outpace even Dogecoin (DOGE).
Cardano (ADA) Loses the $1 Support, but Technicals Suggest Now is a Good Time to Buy
Cardano (ADA), one of the top altcoins, wasn't spared from the latest bloodbath. Like the rest of the crypto market, it took a hit. However, technical indicators like the ADA price trading above the 50-EMA and 50-SMA suggest now is a good time to buy.
The ADA price fell below the $1 support, changing hands above $0.95—a 13% decline in the past seven days. While a comeback is on the cards, further decline before a complete bullish reversal isn't out of the question.
Nevertheless, price forecasts remain bullish—a beacon of hope amid the gloom. InvestingHaven, a top expert, believes Cardano (ADA) holding the $0.824 support will be crucial to its run toward $1.88 and $2.55 by 2025. Despite the imminent comeback, INTL’s 65x upside potential might be too good to ignore.
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