Since the start of the year, Japan's currency has been the worst performer among all the G10 countries; the Yen fell to 140.61 to the dollar.
A Japanese company called Remixpoint has decided to buy Bitcoin, Avalanche, Solana (SOL), and Ethereum (ETH) in order not to reduce its exposure to the Yen, which has been the worst performer among all the G10 countries since the start of the year.
It spent about $5.25 million to purchase the top crypto coins. Meanwhile, a new cryptocurrency is gaining attention in the crypto market. The new entrant, IntelMarkets aims to give retail traders access to advanced trading tools which will increase their chance of making profits.
A dual-chain trading platform, IntelMarkets (INTL), has entered the market. It aims to empower retail traders with advanced trading tools and Artificial Intelligent bots. The purpose is to give them a good chance of making more profit. IntelMarkets offers fast transactions, low fees, and high liquidity to its users.
The AI bot is the main instrument of the IntelMarkets’ platform, which is self-learning. This bot was created by some very skilled engineers who had previous work experience with such companies as OpenAI, MIT, and even Goldman Sachs.
In turn, users of IntelMarkets will be able to watch the changes in the market, estimate the risks, and determine what strategies and risk management approach the AI bot should employ. Besides the bot, IntelMarkets is one of the most secure and efficient trading systems in the worldwide $36.5 billion cryptocurrency trading market.
However, the biggest part of the ecosystem is the native token, INTL. In its crypto ICO, IntelMarkets has pulled in over $730k. This cryptocurrency has attracted many uses on the platform and is priced at $0.018. This is a 100% rise from the initial price of $0.009. Analysts say that the value of INTL could rise to 10x before the end of this year.
As the Japanese Yen loses value, companies are on the lookout for better investment opportunities; they are investing in cryptocurrencies such as Solana (SOL) and Ethereum (ETH). However, the launch of a new promising 10x coin, IntelMarkets, is an opportunity for investors to increase the value of their portfolios.
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