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Cryptocurrency News Articles

Ripple Launches RLUSD Stablecoin: XRP Crosses $2.5 While IntelMarkets Closes Up With 10,000% Potential

Dec 18, 2024 at 04:31 pm

Recently Ripple launched the RL USD stablecoin, pegged to the US dollar. This strategic move gives more stability and hopefully more liquidity

Ripple Launches RLUSD Stablecoin: XRP Crosses $2.5 While IntelMarkets Closes Up With 10,000% Potential

Ripple's introduction of the RLUSD stablecoin has propelled XRP's price to cross the $2.50 mark, while a new AI-powered altcoin, IntelMarkets (INTL), is showing potential for a 10,000% increase.

Ripple's introduction of the RLUSD stablecoin, pegged to the US dollar, has sparked a positive response in the crypto community. This move is expected to provide more stability and liquidity to XRP, aiming to strengthen its position amidst increasing competition from established tethers.

Following this announcement, XRP's price has spiked over $2.50, currently trading at $2.70. This marks a 14% increase since yesterday and a 25% rise since last week.

XRP hit an all time high of $3.84 in December 2017 during a bullish crypto market trend. However, during the subsequent years it experienced a prolonged bearish period as the price went under $0.30, where it stayed for a long time.

Thanks to the recent developments and strategic initiatives taken on by Ripple, investor interest has gained fresh momentum lately together with the current upward trend.

While XRP is most likely to breach its ATH of $3.84 in the coming period, the upside it has is quite limited due to its $153.91B market cap. On the other hand, IntelMarkets low market cap offers for bigger upside making it a more compelling investment opportunity.

Being an AI-powered trading platform, IntelMarkets combines artificial intelligence with decentralized finance (DeFi) to provide traders with advanced decision-making and profitability-enhancing tools.

Built on the Ethereum and Solana blockchains, IntelMarkets utilizes a dual-chain architecture for flexibility and scalability. This allows traders to leverage the strengths of both networks in their trading strategies.

Additionally, the platform's AI-driven trading bots can process large amounts of data in real time, giving users a head start in this fast-moving crypto market.

Having shown tremendous growth since its initial coin offering (ICO), the INTL token is on sale for $0.073 in the eighth stage of its ICO.

With analysts projecting a post-launch rally of up to 100x, INTL is presenting one of the best new crypto investments. The backing that INTL enjoys is demonstrated by the $5M already raised, with a sizable chunk coming from Fortune 500 firms.

With its low entry price, backing, and pioneering technology in the emerging AI-DeFi space, IntelMarkets has positioned itself as the must-watch crypto of 2025.

News source:captainaltcoin.com

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Other articles published on Dec 18, 2024