Forget everything you know about crypto presale as a new AI-powered project Intel Markets (INTL) has torn the rulebook and set it on fire. We are talking about raising $150K in a mere few days, a momentum that every crypto project dreams of.
While Intel Markets (INTL) is setting fire in the crypto presale arena, two established players Cardano (ADA) and AAVE are watching it from the sidelines with their lagging momentum and their ongoing development struggles.
But there’s a million-dollar question (or we say $150K question) in everyone’s mind: What’s driving this rocket-fueled growth of Intel Markets (INTL)? Is its aim to democratize the trading world or is it its top-notch platform features? Let’s dive in deeper!
Cardano’s (ADA) Hard Fork Postponed, Community Concerns Grow
The cryptocurrency community was excitedly anticipating the Cardano Chang hard fork, but it has been delayed once again. Originally planned for August 27, this significant event aimed at improving on-chain governance and smart contract security has been rescheduled for September 1. According to the founder of Cardano (ADA), it is due to Binance and a few others need more time to get their systems in order.
Even while this delay seems strategic, it raises significant concerns about Cardano’s (ADA) future in a highly competitive blockchain landscape as well as the readiness of the parties involved.
Although Cardano’s (ADA) progress has been slowed due to the Chang hard fork postponement, Charles Hoskinson already appears to be considering alternative strategic options.
He considers the idea of collaborating with Algorand, another major blockchain network, to combine Algorand’s technology with “proof of useful work tuned to AI inference,” to produce what he terms “decentralized AI power.”
Cardano’s (ADA) community concerns are exacerbated by its poor acceptance and network activity. Cardano (ADA) has 22,572 active addresses with a total value locked (TVL) of $195.11 million, which is less than 1% of the whole DeFi market, according to DefiLlama.
AAVE Price Surges, Faces Resistance Near $142
AAVE experienced a typical rising wedge collapse in the first week of August after failing to break above the resistance level of $116, which is now a level of support.
However, the recent bounce from the $89 support level has created an opportunity for buyers to shift the trend. As of the time of press, AAVE was trading at $132.05, a considerable increase in price due to this surge. The price then encountered resistance close to $142.68, which may prove to be a significant obstacle for the bulls to overcome. It’s important to note that although there was substantial volume during the most recent spike, the price entered a region of rather high volatility.
The AAVE is currently facing significant resistance in the $135-$142 zone, and failure to break above this level may result in a reversal to the $116 support level.
Following its last buying surge, the technical indicators became overbought. Given that the Relative Strength Index (RSI) reversed from the 75-zone, a possible correction could therefore be possible.
Intel Markets (INTL) Disrupts Crypto Trading with AI-Powered Platform, Raising $150K
Intel Markets (INTL) is relatively a newcomer in the crypto market but has taken the crypto world by storm. It is all due to its revolutionary aim to democratize the AI-trading world and give everyday investors access to tools and algorithms that were once restricted to institutional traders only.
Took the crypto world by storm – pretty big claim right? But there are stats to back this statement. Intel Markets (INTL) following its successful private seed funding round, which was able to raise over $550,000, launched its public presale and the response was nothing short of amazing.
The newly launched presale was able to raise a staggering figure of $150K in just a few days. This is nothing but a snippet of the potential this groundbreaking platform holds.
Intel Markets (INTL), backed by brilliant brains from major organizations like OpenAI, Google, Renaissance Technologies, and Morgan Stanley, is poised to revolutionize traders’ perspective of the markets.
INTL provides a next-generation dual-chain platform with Multichannel analysis. This platform enables users to generate extremely accurate trading signals by combining many data streaming sources. Because of its innovative technology, traders in this volatile cryptocurrency market have an advantage unlike anything else.
With the cryptocurrency industry waiting for the next big thing, Intel Markets emerges as a powerful competitor. INTL appears to be a major player in the market thanks to its AI-driven trading skills, strong platform development, and support from many key players in the sector.
