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Cryptocurrency News Articles
IntelMarkets (INTL) Ranks Among the Most Innovative Projects In the AI Sector
Dec 14, 2024 at 03:30 am
The AI sector has a new contender—IntelMarkets. This project blends innovation and practicality to achieve an AI-powered perpetual contracts exchange.
Following the recent market downturn, experts are shifting their focus towards IntelMarkets (INTL) over Stellar (XLM) and Ethereum (ETH) as the new token demonstrates resilience post-dip. Its performance has sparked debates about its long-term value. Being captivated by its firmness in the face of volatility, market players are left wondering: Is INTL a 50X play?
Here, we will be discussing INTL’s prospects, explaining why it could be a better investment alternative than XLM and ETH.
IntelMarkets Ranks Among the Most Innovative Projects In the AI Sector
The AI sector has a new contender—IntelMarkets. This project combines innovation and practicality to achieve an AI-powered perpetual contracts exchange. As a result, it has become the best platform for engaging in speculative trading.
Functionality-wise, IntelMarkets’ operations are based on Ethereum and Solana, allowing retail investors to access liquidity pools, smart contracts, and DeFi applications within a cost-friendly and scalable environment.
The platform will provide investors with advanced tools like AI bots and the Intel-M analytic tool to improve their performances. These tools will help them make informed decisions, manage risks effectively, and trade faster.
IntelMarkets is considered one of the top DeFi projects in the AI sector because of these features. As a result, it has raised significant funding amid its presale, with experts anticipating substantial returns.
Stellar Tumbles as the Crypto Market Turns Red
The crypto market experienced a sporadic meltdown, with asset prices plummeting drastically. Stellar’s XLM is not left out. XLM dipped to $0.357, reaching its lowest point since November 23, 2024.
Also, Stellar’s XLM trades 45% below its all-time high this year, depicting the severity of the crash. This decline coincides with BTC’s drop from $104,000 last week to $97,700.
XLM’s chart also illustrates patterns that support the decline of the coin. As shown on XLM’s four-hour chart, a seeming double top pattern around $0.604, a renowned bearish pattern, has formed, signaling further dips.
Should this trend endure, the next price point to watch for the Stellar coin is $0.290. XLM is down 10.54% this week, priced at $0.44.
Ethereum Foundation Sparks Worries After Dumping Holding
The Ethereum Foundation has dumped another batch of tokens amid the recent market-wide downturn, sparking investor concerns. As reported by Spot On Chain on December 10, 2024, the Foundation swapped another 100 ETH for 374,334 DAI.
In 2024 alone, the Foundation sold 4,366 ETH at an average price of $2,796. The total culminated at approximately $12.21 million.
After the most recent sale, ETH dropped 3% to $3,752. The asset traded between $3,523 and $3,944 within 24 hours of the sale, suggesting that the subsequent selling pressure weighed on ETH.
Currently, the Ethereum Foundation has over $970.2 million in assets under management, most of which include ETH. ETH trades at $3,832, dropping 1% within the last seven days.
INTL Poses as a High-Potential Asset: 50x Gain Possible?
Focus has shifted to INTL as experts favor the altcoin over XLM and ETH. Investors are asking whether INTL could deliver a fifty-fold gain on their investments.
INTL is available for $0.064 in Stage 7 of its presale. Soon, the DeFi coin will be tradable on exchanges at an opening price of $0.110. After listing, those who invest in it now will make 71% of their capital.
With its current adoption speed and long-term outlook, the chance of INTL soaring 50x should be considered. Experts believe it is a better investment alternative than XLM and ETH.
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Disclaimer:info@kdj.com
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