Well-known players like Bitcoin (BTC) and Fantom (FTM) are still in the headlines because of their continued attraction to both institutional and retail traders. But a fresh opponent is arising from the shadows, prepared to shake up the status quo.
With its cutting-edge trading platform and advanced artificial intelligence (AI) capabilities, IntelMarkets (INTL) is set to revolutionize the trading sector. While Fantom FTM and BTC each have their own particular advantages, IntelMarkets (INTL) offers something different for investors looking for high-reward chances.
Bitcoin’s (BTC) Supply-Demand Imbalance: A Game-Changer
The US Bitcoin Exchange Traded Funds (ETFs) acquire Bitcoin (BTC) at a higher rate than the weekly production of the new BTC. In the past seven days, miners have produced 2,250 BTC, while Bitcoin ETFs have purchased 6,892 BTC. This increased demand for ETFs underlines a significant element for institutional investors.
There is a potential supply and demand relationship since investors utilize more Bitcoin than is created. The relative volatility of Bitcoin’s (BTC) price may also be impacted by this dynamic, suggesting an increasing level of institutional investor participation in the market. Besides this, a recent massive investment of notably $64 million in Bitcoin (BTC) further overlooks its growing demand.
According to cryptocurrency expert Michaël van de Poppe, Bitcoin (BTC) may surge by an incredible 890% over the current cycle, ultimately reaching a price point between $300,000 and $600,000.
He stated his opinion that investors who view Bitcoin (BTC) as a safe haven from financial instability, geopolitical uncertainty, and currency depreciation may find the digital asset to be substantially undervalued at current and experience a considerable rise in value.
Fantom (FTM) Surges 20% on Bullish Momentum
Fantom (FTM) saw a nearly 20% increase in price over the last week after finding support at the critical support level of $0.364. On late Sunday night, it traded up 5.37% to its current trading price of $0.5024. Recent actions by large-wallet investors indicate that Fantom (FTM) may hold above this crucial technical level and is anticipating a rise, as shown by a long-to-short ratio greater than one.
Fantom (FTM) might rise 27% to retest its daily resistance level at $0.542 if the $0.364 level holds as support.
On the daily chart, the Awesome Oscillator (AO) is getting ready to cross over its neutral level of zero, while the Relative Strength Index (RSI) has already crossed over its neutral level of 50. Both indicators must continue to rise above their neutral levels for the current bullish rally for the bullish momentum to continue.
Fantom (FTN)’s recent price increase is being attributed to an improvement in its ecosystem with the introduction of Sonic. Fantom revealed that the Sonic Testnet is operational, making way for the mainnet launch. Andre Cronje, the CTO of Sonic Labs and the man behind the Fantom Network, claims that Sonic is the quickest Ethereum Virtual Machine (EVM) chain, boasting a “true” 720-ms finality.
If Fantom (FTM) closes over the $0.542 daily resistance mark, it may continue a further 12.5% rise to retest its high of $0.610 on July 1.
IntelMarkets (INTL): The Crypto Industry’s New Disruptor
The hottest cryptocurrency on investors’ radars is IntelMarkets (INTL), a new AI-DeFi altcoin. Its atypical narrative has sparked discussion about the eventual change of the $36 billion crypto trading sector via artificial intelligence.
Given that, its standout feature will be an AI-powered smart trading platform. It will incorporate AI into trade at every level, increasing productivity and maximizing earnings.
Real-world examples include auto-investment methods, sophisticated arbitrage, and AI-based cost averaging. As a result, it will be the first modern platform to use robots that can learn from themselves while trading cryptocurrency.
Traders have been placing large bets and building up as it rushes toward mass adoption. With over $265,000 raised in record time since the presale’s first stage began, confidence and investors’ sentiment regarding the project seem rocket high.
It still offers an ideal entry point into potential rapid growth ground, with a token price of $0.009. Industry insiders estimate a 1231% explosive increase following listing on Tier-1 exchanges, diverting attention away from other crypto giants.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets